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 uptrend ended on August 31 as it confronted resistance at 158.27. The currency pair was caught between the moving average lines during its initial drop. This means that the Yen has been forced to trade sideways while caught […]
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 pair is going in the right direction as it remains inside its range below the level of 158.65. The Yen is now gaining as it looks to break above the 21-day SMA. If the 21-day SMA is […]
Key Resistance Levels: 160.00, 162.00, 164.00Key Support Levels: 150.00, 148.00, 146.00 EUR/JPY Price Long-term Trend: Bearish EUR/JPY currency pair is rejected at the 160.00 barrier zone as the recent upswing ends . The recent upswing has ended as the pair fell below the 21-day SMA. The currency pair has become entangled between the moving average […]
Key Resistance Levels: 160.00, 162.00, 164.00Key Support Levels: 150.00, 148.00, 146.00 EUR/JPY Price Long-term Trend: Bearish EUR/JPY currency pair is rejected at the 160.00 barrier zone as the recent upswing ends . The recent upswing has ended as the pair fell below the 21-day SMA. The currency pair has become entangled between the moving average […]
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 currency pair resumed its positive trend as it battles to stay below 159.50. The bullish momentum has risen over the 159.00 support level. The Yen is being rejected at a high of 159.50. Since August 10, the pair’s […]
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 pair is in decline as it resumes its horizontal trend below 158.00. Since June 27, buyers have been unable to maintain a positive trend above the 158.00 resistance level. The current pair has been bouncing below and […]
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 pair has continued its rise as it breaks the overhead resistance level of 158.00 . At the time of writing, the pair has reached a high of level 159.09. The price indicator suggests that the Yen will […]
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 is rising and trading above the moving average lines with resistance at 158.00. The rising price movement, however, has ceased since June 27. Since then, the pair has resumed a sideways trend below the 158.00 mark. The […]
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 […]
