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The EUR/JPY Moves Sideways Above 161.50

The EUR/JPY Moves Sideways Above 161.50

EUR/JPY Significant Levels Resistance Levels: 164.00, 166.00, and 168.00Support Levels: 158.00, 156.00, and 154.00 EUR/JPY Price Long-term Trend: Ranging The Yen hit a high of 165.22 and then moved sideways above 161.50.The currency pair has been trading above the moving average lines but below the barrier at level 164.00. Buyers tried more than three times […]

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The EUR/JPY Loses Ground Below the 163.00 Barrier

The EUR/JPY Loses Ground Below the 163.00 Barrier

EUR/JPY Significant Levels – the 163.00 Barrier Resistance Levels: 164.00, 166.00, and 168.00Support Levels: 158.00, 156.00, and 154.00 EUR/JPY Price Long-term Trend: Ranging The EUR/JPY pair loses ground below the 163.00 barrier and the moving average lines. The price has been pushed above the 21-day SMA barrier by buyers. The Yen will rise and retest […]

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The EUR/JPY Continues Its Horizontal Trend Above 163.00                                                                                                              

The EUR/JPY Continues Its Horizontal Trend Above 163.00

EUR/JPY Significant Levels- Remains Above 163.00 Resistance Levels: 164.00, 166.00, and 168.00Support Levels: 158.00, 156.00, and 154.00 EUR/JPY Price Long-term Trend: Ranging The EUR/JPY pair remains above 163.00 since its breakthrough on April 11. The Yen has been trading above the 21-day SMA support and below the barrier at level 164.00. The currency pair has […]

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The EUR/JPY Resumes Its Range Below the Level of 164.00

EUR/JPY Significant Levels Resistance Levels: 164.00, 166.00, and 168.00Support Levels: 158.00, 156.00 and 154.00 EUR/JPY Price Long-term Trend: Ranging The EUR/JPY exchange rate has risen above the lines of the moving average but resumes its range below the level of 164.00. The currency pair oscillates below the resistance level at 164.00 but above the 21-day […]

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The EUR/JPY Marginally Drops as It Hits the 163.00 Barrier

The EUR/JPY Marginally Drops as It Hits the 163.00 Barrier

EUR/JPY Significant Levels Resistance Levels: 164.00, 166.00, and 168.00Support Levels: 158.00, 156.00 and 154.00 EUR/JPY Price Long-term Trend: Ranging The EUR/JPY pair resumes its decline as it hits the 163.00 barrier. On April 7, the currency pair recovered and broke above the moving average lines. The bullish momentum was stopped by the 50-day SMA. Today, […]

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The EUR/JPY Continues to Trade In a Range Below 162.00

The EUR/JPY Continues to Trade In a Range Below 162.00

EUR/JPY Significant Levels Resistance Levels: 164.00, 166.00, and 168.00Support Levels: 158.00, 156.00 and 154.00 EUR/JPY Price Long-term Trend: Ranging The EUR/JPY pair has risen but continues to trade in a range below 162.00. Since August 12, the bulls have been unable to breach above level 164.00. At the most recent high, the bullish momentum was […]

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The EUR/JPY Loses Ground as It Risks Falling to 157.61

The EUR/JPY Loses Ground as It Risks Falling to 157.61

EUR/JPY Significant Levels Resistance Levels: 164.00, 166.00, and 168.00Support Levels: 158.00, 156.00 and 154.00 EUR/JPY Price Long-term Trend: Ranging The EUR/JPY pair pauses above 158.58 as it risks falling to 157.61. The bearish momentum was confined above the 50-day SMA even though it broke below the moving average lines. The price suggestion, however, suggests that […]

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The EUR/JPY Depreciates at the Level 164.00 Barrier

The EUR/JPY Depreciates at the Level 164.00 Barrier

EUR/JPY Significant Levels Resistance Levels: 164.00, 166.00, and 168.00Support Levels: 158.00, 156.00 and 154.00 EUR/JPY Price Long-term Trend: Ranging The EUR/JPY pair has been stuck between the moving average lines at the level 164.00 barrier. The currency pair will trend when the moving average’s lines are violated. The Yen will move sideways within a small […]

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The EUR/JPY Rebounds and Peaks at 164.00

The EUR/JPY Rebounds and Peaks at 164.00

EUR/JPY Significant Levels Resistance Levels: 164.00, 166.00, and 168.00Support Levels: 158.00, 156.00 and 154.00 EUR/JPY Price Long-term Trend: Ranging The EUR/JPY pair has been trading sideways but rebounds and peaks at 164.00. On March 5, the bullish momentum breached the moving average lines and reached level 164.00. The currency pair has reverted to its range […]

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