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The EUR/JPY Bounces as It Recovers Above Level 154.41

The EUR/JPY Bounces as It Recovers Above Level 154.41

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: Bearish The EUR/JPY pair has hit bearish exhaustion as it recovers above level 154.41. On August 5, bulls bought the dips and resumed their upward correction. The upward corrective encountered resistance at the 21-day SMA. On the […]

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EUR/JPY Pauses above Level 160.00 as Traders Reach Indecision

EUR/JPY Pauses Above Level 160.00 as Traders Reach Indecision

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: Bearish The EUR/JPY pair is moving above the support level of 158.00 and below the moving average lines as traders reach indecision. The 21-day SMA has further rejected the rising surge. The moving average lines, which indicate […]

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The EUR/JPY Bounces as It Recovers Above Level 154.41

The EUR/JPY Bounces as It Recovers Above Level 154.41

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: Bearish The EUR/JPY pair has hit bearish exhaustion as it recovers above level 154.41. On August 5, bulls bought the dips and resumed their upward correction. The upward corrective encountered resistance at the 21-day SMA. On the […]

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The EUR/PY Is Aiming For Its Previous Low Of 155.00

The EUR/PY Is Aiming For Its Previous Low Of 155.00

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: Bearish The EUR/JPY pair has renewed selling pressure after breaking below the moving average lines as it aims for its previous low of 155.00. In the previous price action, the currency pair rose to 175.42. The Yen […]

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The EUR/JPY Continues Its Slide to Level 169.20

The EUR/JPY Continues Its Slide to Level 169.20

EUR/JPY Significant LevelsResistance Levels: 164.00, 166.00, and 168.00Support Levels: 158.00, 156.00 and 154.00                                 EUR/JPY Price Long-term Trend: BearishThe EUR/JPY pair has declined below the moving average lines as it slides to level 169.20. The bearish momentum broke below the moving average lines but was halted twice by the 50-day SMA. The currency pair has been stuck […]

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The EUR/JPY Keeps Rising as It Reaches the Forecast Price of 175.27

The EUR/JPY Keeps Rising as It Reaches the Forecast Price of 175.27

EUR/JPY Significant LevelsResistance Levels: 174.00, 175.00, and 176.00Support Levels: 160.00, 159.00 and 154.00                                 EUR/JPY Price Long-term Trend: BullishThe EUR/JPY pair maintains a strong trend as it reaches the forecast price of 175.27. The increasing trend has temporarily paused at the current high. The Yen returned to its low of 173.51 and began its upward movement. On […]

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EUR/JPY Is Steadily Advancing As It Targets Level 175.27

EUR/JPY Is Steadily Advancing As It Targets Level 175.27

EUR/JPY Significant LevelsResistance Levels: 164.00, 166.00, and 168.00Support Levels: 158.00, 156.00 and 154.00                                 EUR/JPY Price Long-term Trend: BullishThe EUR/JPY pair has extended its positive trend as it targets level 175.27. On the upside, the presence of Doji candlesticks has resulted in modest price movement. The price indication suggested that the currency pair would rise further. On […]

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EUR/JPY Resumes Its Positive Trend above Level 171.00

EUR/JPY Resumes Its Positive Trend above Level 171.00

EUR/JPY Significant LevelsResistance Levels: 164.00, 166.00, and 168.00Support Levels: 158.00, 156.00 and 154.00                                 EUR/JPY Price Long-term Trend: BullishThe EUR/JPY pair has recovered after breaking above the 21-day moving average line as it resumes positive trend above level 171.00. Today, the currency pair fell rapidly and retreated. The Yen is trading above 171.00 as it encounters an […]

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EUR/JPY Resumes Its Upward Path as It Approaches Level 170.00

EUR/JPY Resumes Its Upward Path as It Approaches Level 170.00

EUR/JPY Significant LevelsResistance Levels: 164.00, 166.00, and 168.00Support Levels: 158.00, 156.00 and 154.00                                 EUR/JPY Price Long-term Trend: BullishFollowing its recent fall, the EUR/JPY has recovered above the 21-day SMA as it approaches level 170.00. In the last fall, the pair fell below the moving average but remained above the 50-day SMA. On the downside, if the […]

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