EURJPY Forecast
EURJPY Bullish but Facing 61.8% Fibonacci Hurdle
EUR/JPY trades bullish, testing the 61.8% Fibonacci level as resistance amid overbought signals from the momentum indicators. A break below 161.4 support could trigger...
EURJPY Risks Fall to 157.6 if This Resistance Holds!
FxNews—EUR/JPY shifted above the 75-period SMA, trading at approximately 160.0. The technical indicators hint at a bearish trend should prevail. A dip below 158.9...
Watch The Key Resistance to EURJPY Bearish Trend
FxNews—EUR/JPY trades at approximately 159.1, nearing the upper line of the bearish channel. The recent surge in the currency...
EURJPY Pulls Back from 156 record lows
FxNews—The European currency returned above the 61.8% Fibonacci retracement level, bouncing amid oversold signals. As of this writing, EUR/JPY...
EURJPY Targets 157.6 As Euro Weakens
FxNews—The EUR/JPY pair resumed its bearish trajectory after the prices failed to surpass the 161.9 resistance. In today's trading...
EURJPY Downtrend Resumes Despite Oversold Signals
FxNews—The Euro is in a bear market against the Japanese Yen, below the daily 50-period simple moving average. In...
EURJPY Aims for 163.0 as Key Support Holds
FxNews—The EUR/JPY primary trend is bearish because the prices are below the 50-period simple moving average. However, if we...
EURJPY Slips as ECB Warns of Economic Shocks
The EUR/JPY declined sharply to 160.6, reaching its lowest point in November. This drop followed the release of PMI...