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The EUR/JPY Moves Laterally above Level 156.00

The EUR/JPY Moves Laterally above Level 156.00

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 is still drifting laterally but above Level 156.00. The currency pair has dropped to its lower price range for the seventh time. The bulls were thwarted when they tried to break through the […]

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The EUR/JPY Remains Within Its Range Despite Its Decline 

EUR/JPY Remains Within Its Range Despite Its Decline 

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 remains within its range after hitting the 21-day SMA barrier. The value of the Yen has been rising since it fell to 156.00. The bullish momentum was repelled by the moving average lines, […]

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The EUR/JPY Maintains a Range-Bound Trend above 156.00

The EUR/JPY Maintains a Range-Bound Trend above 156.00

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 continued its range-bound trend above 156.00. Since January 16, the currency pair has been trading inside a limited range between 160.00 and 164.00. The negative trend retested level 160.00 after breaking below it […]

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The EUR/JPY Declines as It Returns to Level 156.00

The EUR/JPY Declines as It Returns to Level 156.00

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 is now trading in a narrow range between levels 160.00 and 164.00 as it returns to level 156.00. The upward moves have thrice been repelled by the resistance at level 164.00. On January […]

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EUR/JPY Oscillates as It Reaches Its Top at 164.00

EUR/JPY Oscillates as It Reaches Its Top 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 rallies above the moving average lines as it reaches its top at 164.00. The currency pair has earlier fallen as low as level 159.72 before rising again. The Yen was range-bound between levels […]

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EUR/JPY Falls as It May Return to Level 154.74

EUR/JPY Falls as It May Return to Level 154.74

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 is trending sideways as it may return to the level of 154.74. The currency pair saw an upward correction on January 7, however, it was rebuffed at its peak of 164.54. The […]

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EUR/JPY Moves above 161.00 As It Begins to Rise

EUR/JPY Moves above 161.00 As It Begins to Rise

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 falls below the moving average lines and begins to rise. The currency pair has been producing a string of higher highs and higher lows in the preceding price action. The uptrend stopped after […]

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The EUR/JPY Declines to Its Range above 161.00

The EUR/JPY Declines to Its Range above 161.00

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 declines to its range above 161.00 after hitting the resistance level at 165.00. Since August 5, 2024, the Yen has been moving in a band between 156.00 and 166.00. The 21-day SMA […]

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EUR/JPY Risks Decline as It Faces the 164.00 Barrier

EUR/JPY Risks Decline as It Faces the 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 currency pair has surged above its moving average lines as it faces the 164.00 barrier, reaching a high of 164.63. The pair is gaining while maintaining a sideways trend. The pair is in a […]

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