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EUR/JPY Is in a Range but Risks Rejection at Level 143.73

Key Resistance Levels: 132.00, 133.00, 134.00Key Support Levels: 129.00, 128.00, 126.00 EUR/JPY Price Long-term Trend: BearishThe EUR/JPY pair is in an upward correction but risks rejection at level 143.73. At the time of writing, the Yen is trading at a level of 143.10. The moving average lines have now entrapped the currency pair. When the […]

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EUR/JPY Resumes Its Upward Trend but Remains Stuck at 144.50

Key Resistance Levels: 132.00, 133.00, 134.00Key Support Levels: 129.00, 128.00, 126.00 EUR/JPY Price Long-term Trend: BullishThe EUR/JPY pair is in the bullish trend zone but remains stuck at 144.50. Since February 13, the currency price has broken above the moving average lines, resuming an uptrend. A retraced candle body on the uptrend of February 22 […]

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EUR/JPY Is Stuck at 144.00 as It Faces a Decline

Key Resistance Levels: 132.00, 133.00, 134.00Key Support Levels: 129.00, 128.00, 126.00 EUR/JPY Price Long-term Trend: BullishThe EUR/JPY pair is currently trading in a bullish trend zone as it faces a decline. This will be the first time since December 20, 2022, that the pair has traded above the moving average lines. The Yen has reached […]

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EUR/JPY Continues Its Sideways Move as It Faces Rejection at Level 142.00

Key Resistance Levels: 132.00, 133.00, 134.00Key Support Levels: 129.00, 128.00, 126.00 EUR/JPY Price Long-term Trend: RangingThe EUR/JPY pair is beginning its range-bound move as it faces rejection at level 142.00. The Yen has been ranging between levels 138.00 and 143.00 since December 28, 2022. Today, buyers have raised the moving average lines for the currency […]

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EUR/JPY Declines as It Faces Rejection at Level 142.84

Key Resistance Levels: 132.00, 133.00, 134.00Key Support Levels: 129.00, 128.00, 126.00 EUR/JPY Price Long-term Trend: BullishThe EUR/JPY pair is trading in a bullish trend as it faces rejection at level 142.84. The Yen has broken through the resistance at level 142.00, although the positive impetus was short-lived. Since December 28, the resistance at levels 142.00 […]

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