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EUR/JPY Pauses above Support and Aims for Level 176.00

EUR/JPY Pauses above Support and Aims for Level 176.00

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: Bullish The EUR/JPY currency pair has broken above the moving average lines and aims for level 176.00. The bullish momentum crossed above the moving average lines twice before establishing a bullish trend. For example, the pair was […]

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EUR/JPY Exhibits Bearish Fatigue as It Remains above 158.00

EUR/JPY Exhibits Bearish Fatigue as It Remains above 158.00

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 currency pair remains above 158.00 after the August 5 price decline. The selling pressure subsided as the currency pair entered a sideways trend between levels 158.00 and 164.00. Since August 15, the rising trend […]

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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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