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EUR/JPY Price Outlook: Stays above 181.50, optimistic perspective continues

EUR/JPY Price Outlook: Stays above 181.50, optimistic perspective continues

During the early hours of Tuesday’s European trading session, the EUR/JPY pair held steady near 181.60. The Japanese yen had weakened against the euro due to rising concerns over economic instability triggered by a significant 7.6-magnitude earthquake that struck the Tohoku region late Monday. Furthermore, disappointing gross domestic product (GDP) figures for Japan’s third quarter […]

EUR/JPY Price Prediction: Positive trend continues above 181.00

EUR/JPY Price Prediction: Positive trend continues above 181.00

EUR/JPY Update: Market Movements and Insights During the early hours of the European session on Friday, the EUR/JPY currency pair was spotted trading down, around 181.05. This downturn followed some verbal remarks from Japanese officials, which contributed to a slight increase in the yen’s value against the euro. Traders are notably looking ahead to key […]

EUR/JPY Price Outlook: Important resistance level appears around 180.00

EUR/JPY Price Outlook: Important resistance level appears around 180.00

EUR/JPY Exchange Rate Update The euro/yen cross dropped to about 179.70 during early European trading on Tuesday. After reaching a record high recently, it has pulled back somewhat. Still, the ongoing decline of the Japanese Yen (JPY) suggests that further losses may be somewhat limited for the cross. In response to the shifting economic landscape, […]

EUR/JPY rises to around 179.00, reaching its highest point since August 1992.

EUR/JPY rises to around 179.00, reaching its highest point since August 1992.

Euro/Yen Cross Hits New High The euro/yen exchange rate climbed for the fourth consecutive day and marked five days of overall growth within the last six, reaching a high not seen since August 1992 during Wednesday’s session in Asia. The current trading price is just under 179.00, reflecting an increase of around 0.25% for the […]

EUR/JPY stays steady around 176.50 as demand for safe-havens decreases

EUR/JPY stays steady around 176.50 as demand for safe-havens decreases

EUR/JPY Currency Update The EUR/JPY has bounced back from its previous losses and is now trading close to 176.50 during Asian trading hours on Monday. This rise comes as the Japanese yen faces challenges, partly due to a drop in safe-haven asset demand linked to reducing tensions in US-China trade relations. Recently, former President Trump […]

EUR/JPY Price Outlook: Optimism remains above 171.00, focusing on French politics

EUR/JPY Price Outlook: Optimism remains above 171.00, focusing on French politics

EUR/JPY is expected to reach around 171.25 in early European trading on Thursday. The outlook for this cross appears positive beyond the 100-day EMA, although bearish signals from the RSI should be monitored closely. The immediate resistance level is at 172.67, while the first support level to keep an eye on is 170.60. The EUR/JPY […]

EUR/JPY Price Outlook: Gains above 171.50, further stabilization is possible

EUR/JPY Price Outlook: Gains above 171.50, further stabilization is possible

EUR/JPY is expected to rise to about 171.85 during the early European trading hours on Wednesday. The positive outlook for this currency pair stays intact beyond the 100-day EMA, though a more cautious consolidation might be preferred, as the RSI indicators are neutral. The immediate resistance is observed at 172.67, while initial support is at […]

EUR/JPY rises close to 172.00 as ECB hints at policy easing

EUR/JPY rises close to 172.00 as ECB hints at policy easing

The EUR/JPY is expected to increase as the euro gains support following the European Central Bank’s announcement of a pause on monetary easing. The U.S. Secretary of State engaged with European officials to further diplomatic initiatives aimed at resolving the conflict in Ukraine. Polls indicated that Prime Minister Isba experienced a 20% boost in support, […]