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EUR/JPY Is Steadily Advancing As It Targets Level 175.27

EUR/JPY Is Steadily Advancing As It Targets Level 175.27

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 has extended its positive trend as it targets level 175.27. On the upside, the presence of Doji candlesticks has resulted in modest price movement. The price indication suggested that the currency pair would rise further. On […]

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EUR/JPY Resumes Its Positive Trend above Level 171.00

EUR/JPY Resumes Its Positive Trend above Level 171.00

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 has recovered after breaking above the 21-day moving average line as it resumes positive trend above level 171.00. Today, the currency pair fell rapidly and retreated. The Yen is trading above 171.00 as it encounters an […]

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EUR/JPY Resumes Its Upward Path as It Approaches Level 170.00

EUR/JPY Resumes Its Upward Path as It Approaches Level 170.00

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: BullishFollowing its recent fall, the EUR/JPY has recovered above the 21-day SMA as it approaches level 170.00. In the last fall, the pair fell below the moving average but remained above the 50-day SMA. On the downside, if the […]

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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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