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EUR/JPY Is Unstable as It Drops below the Level of 169.40

EUR/JPY Is Unstable as It Drops below the Level of 169.40

EUR/JPY Significant LevelsResistance Levels: 169.00, 170.00, and 171.00Support Levels: 160.00, 159.00 and 158.00                                 EUR/JPY Price Long-term Trend: BullishThe EUR/JPY upward trend seems uncertain because the Yen dropped below the level of 169.40. In the first instance, the Yen rose to the high of levels 170.79 and 170.89 and was repelled. The currency pair went below the […]

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EUR/JPY’s Upward Trend Resumes Above Level 169.40

EUR/JPY’s Upward Trend Resumes Above Level 169.40

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 resumes above level 169.40 after breaking above the breakthrough mark. On May 14, the bulls attempted to retest the breakout level for the second time but were rejected. The Yen fell to level 167.33, but bulls […]

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EUR/JPY Is Stuck below Level 170.00 as It Hits the Overbought Zone

EUR/JPY Is Stuck below Level 170.00 as It Hits the Overbought Zone

EUR/JPY Significant LevelsResistance Levels: 164.00, 166.00, and 168.00 Support Levels: 158.00, 156.00 and 154.00                                 EUR/JPY Price Long-term Trend: BullishThe EUR/JPY pair battles resistance at 169.40 as it hits the overbought zone. Since April 26, purchasers have made three efforts to maintain the positive momentum above the most recent high. Currently, the bulls have pushed the pair to […]

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The EUR/JPY Stabilizes Above Level 169.00 As It Rises

The EUR/JPY Stabilizes Above Level 169.00 As It Rises

EUR/JPY Significant LevelsResistance Levels: 164.00, 166.00, and 168.00 Support Levels: 158.00, 156.00 and 154.00                                 EUR/JPY Price Long-term Trend: BullishThe EUR/JPY pair rebounds from its dip after slipping between the moving averages as it rises. In the preceding price movement, the Yen fell to 164.01 before rebounding. The bullish momentum broke past the 21-day SMA, reaching the previous […]

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The EUR/JPY Strengthens as It Recovers above Level 165.57

The EUR/JPY Strengthens as It Recovers above Level 165.57

EUR/JPY Significant LevelsResistance Levels: 164.00, 166.00, and 168.00 Support Levels: 158.00, 156.00 and 154.00                                 EUR/JPY Price Long-term Trend: BullishThe EUR/JPY pair has risen above the moving average lines as it recovers above level 165.57. During the last price activity, the Yen was in an uptrend and soared to a level of 171.58. The currency pair fell […]

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The EUR/JPY Exhibits a Bullish Crossover with a Target of 170.71

The EUR/JPY Exhibits a Bullish Crossover with a Target of 170.71

EUR/JPY Significant LevelsResistance Levels: 164.00, 166.00, and 168.00 Support Levels: 158.00, 156.00 and 154.00 EUR/JPY Price Long-term Trend: BullishThe EUR/JPY pair has risen to its previous high with a target of 170.71. The current rally has reached a high of level 169.30. The Yen is expected to rise above its current level, based on pricing indicators. Meanwhile, […]

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The EUR/JPY Rises As It Surpasses The Obstacle At 165.00

 The EUR/JPY Rises As It Surpasses The Obstacle At 165.00 

EUR/JPY Significant LevelsResistance Levels: 164.00, 166.00, and 168.00 Support Levels: 158.00, 156.00 and 154.00 EUR/JPY Price Long-term Trend: BullishThe EUR/JPY pair continues its upward trend as it surpasses the obstacle at 165.00. During the previous price movement, purchasers attempted twice but failed to keep the price above the overhead barrier. Following the rejection, the Yen fell below […]

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EUR/JPY Holds above 162.00 and Begins a Sideways Move

EUR/JPY Holds above 162.00 and Begins a Sideways Move

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 slipped below the moving average lines as it begins a sideways move. The present rally came to an end after twice challenging the resistance at 165.00. On the downside, selling pressure may persist if […]

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EUR/JPY Restarts Its Uptrend as It Targets the 167.05 High

EUR/JPY Restarts Its Uptrend as It Targets the 167.05 High

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 maintained its upward trend as it targets the 167.05 high. The bullish trend continues as the currency pair retraces above the 21-day SMA. On March 21, the pair achieved a high of 165.34 before declining […]

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