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EUR/JPY’s Bullish Run Ends as It Hits Level 158.00

Key Resistance Levels: 160.00, 162.00, 164.00Key Support Levels: 150.00, 148.00, 146.00 EUR/JPY Price Long-term Trend: Bullish The EUR/JPY advance has ended as it hits a level 158.00 since June 27. The bulls retested the resistance level on July 21 but were repulsed. The currency pair has completed a retracement between the moving average lines. As […]

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EUR/JPY Loses Ground as It Hit a Low of Level 153.00

Key Resistance Levels: 132.00, 133.00, 134.00Key Support Levels: 129.00, 128.00, 126.00 EUR/JPY Price Long-term Trend: Bullish The EUR/JPY pair is seeing selling pressure as it hit a low of level 153.00 . Since June 27, the currency pair has been trading in the overbought zone. It has dipped above the moving average lines as a […]

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The EUR/JPY Surges As It Targets Level 158.42

Key Resistance Levels: 132.00, 133.00, 134.00Key Support Levels: 129.00, 128.00, 126.00 EUR/JPY Price Long-term Trend: Bullish The EUR/JPY currency pair has begun to move upward as it targets level 158.42. The Yen is rising, reaching a high of 155.18.The currency pair’s price indicator is rising even more. A retraced candle body on the uptrend of […]

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EUR/JPY Reaches an Overbought Area as It Faces Resistance at 149.51

Key Resistance Levels: 132.00, 133.00, 134.00Key Support Levels: 129.00, 128.00, 126.00 EUR/JPY Price Long-term Trend: Bullish The EUR/JPY is in an uptrend but faces resistance at 149.51. The Yen will soon ascend to its previous peak of level 151.61 as it continues to soar. The Yen is rising as it approaches its high of level […]

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