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Tag: EURJPY

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...

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...

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...

EURJPY Drops from 165 as STOXX 50 Falls

The European stock markets experienced declines. The STOXX 50 index dropped by 0.2%, trading at approximately 4,731, and the...

EURJPY Rose to 165 as Japan Bond Yields and Exports Rise

FxNews—Japan's 10-year government bond yield rose above 1.07%. This increase happened because investors reacted to stronger-than-expected trade figures. In...

EURJPY Eyes New Lows Below 165.0 Mark

FxNews—In our previous article (Watch EURJPY as It Nears Critical 165.0 Mark), we mentioned that the continuation of the...

EURJPY Nears 165 Barrier Ahead of ECB Rate Decision

FxNews—According to their October meeting notes, the ECB is considering lowering interest rates, which could affect the euro's value...