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: BullishEUR/JPY is on an uptrend, with higher highs and higher lows as it continues its bullish rise. The currency pair is approaching the expected price level of the 1.618 Fibonacci extension, or 166.37. Currently, it is forming a […]
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: Bullish The EUR/JPY is in an uptrend as it targets level 166.59. The currency pair is exhibiting a pattern of higher highs and higher lows. The pair is retracing after reaching a high of 165.35. The Yen is […]
Key Resistance Levels: 160.00, 162.00, 164.00Key Support Levels: 150.00, 148.00, 146.00 EUR/JPY Price Long-term Trend: BearishThe Yen is declining between the moving average lines in a band below 162.40. In the recent market action, the currency pair was in an uptrend, rallying to the 164.00 resistance zone. Buyers intended to keep the price above 164.00. […]
Key Resistance Levels: 160.00, 162.00, 164.00Key Support Levels: 150.00, 148.00, 146.00 EUR/JPY Price Long-term Trend: BearishThe EUR/JPY pair is declining below the moving average lines but finds support above 160.62. The Yen is falling as buyers struggle to maintain positive momentum above level 163.00. On February 26 and March 4, 2024, the pair resisted as […]
Key Resistance Levels: 160.00, 162.00, 164.00Key Support Levels: 150.00, 148.00, 146.00 EUR/JPY Price Long-term Trend: BullishThe EUR/JPY pair is in decline as it finds support above level 161.68. The current trend has terminated when it reaches level 163.72 and is resisted. The Yen has fallen toward the moving average lines. The present rally could continue […]
Key Resistance Levels: 160.00, 162.00, 164.00Key Support Levels: 150.00, 148.00, 146.00 EUR/JPY Price Long-term Trend: BullishThe EUR/JPY pair is trading above its moving average lines as it meanders sideways between 159.00 and 162.00. The upward movement has been halted twice by the barrier at level 162.00. On January 19, the currency pair was rejected, falling […]
Key Resistance Levels: 160.00, 162.00, 164.00Key Support Levels: 150.00, 148.00, 146.00 EUR/JPY Price Long-term Trend: BullishThe EUR/JPY is in an uptrend and trading above the moving average lines as it reaches level 162.00 resistance zone. Since January 19, the Yen has failed to break the resistance level at 162.00. On January 19, 2024, the currency […]
Key Resistance Levels: 160.00, 162.00, 164.00Key Support Levels: 150.00, 148.00, 146.00 EUR/JPY Price Long-term Trend: BearishThe EUR/JPY’s drop subsides above the low of 158.50 as it achieves bearish exhaustion. Furthermore, the currency pair has been caught between the moving average lines since January 31, 2024. On February 1, bulls bought dips when the Yen fell […]
Key Resistance Levels: 160.00, 162.00, 164.00Key Support Levels: 150.00, 148.00, 146.00 EUR/JPY Price Long-term Trend: BearishThe EUR/JPY is dropping below the moving average lines above level 158.30. The currency pair is trading below the 21-day SMA but above the 50-day SMA. In other words, the price movement has been constrained by the moving average lines. […]
