EUR/JPY stays within limits as attention shifts to Eurozone outlook and Japan’s inflation data
EUR/JPY shows a slight recovery after reaching a weekly low earlier today. Germany’s GFK Consumer Trust (for September) has declined for the third month in a row. Attention now turns to the Eurozone Sentiment Survey on Thursday and Japan’s extensive data releases on Friday. The Euro (EUR) managed to regain some lost ground against the […]
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
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, […]
EUR/JPY Price Prediction: Positive outlook remains, initial resistance forms above 173.00
EUR/JPY is expected to reach around 172.40 during the early European session on Monday, reflecting a daily increase of 0.14%. The outlook for the pair remains positive, exceeding the key 100-day EMA, with bullish RSI indicators supporting this trend. Key resistance is noted at 173.15, while initial support is seen at 171.12. During the early […]
EUR/JPY remains stable above 172.00, waiting for new developments.
EUR/JPY is still struggling to gain significant momentum on the second day, Tuesday. Uncertainty surrounds the BOJ’s interest rate decisions, along with hopes for a peace agreement between Russia and Ukraine. Speculation about immediate ECB rate cuts adds support for the euro and current pricing. The EUR/JPY cross has continued its sideways movement for a […]
EUR/JPY Price Outlook: Optimistic perspective remains above 172.50 with a risk-on attitude
EUR/JPY gains traction, approaching 172.60 during the Asian session on Monday, marking a 0.20% increase for the day. Positive sentiment surrounds the pair as it trades above the significant 100-day EMA, with bullish indicators from the RSI. Immediate resistance is noted at 173.00, while the first support level to monitor is at 171.51. During Monday’s […]
EUR/JPY holds steady as US trade talks progress and ECB decision approaches
The EUR/JPY remains steady as Japan takes a measured approach, while the EU braces for heightened tensions with the US. The ECB’s upcoming rate decision is likely to influence the EUR/JPY as well. The EUR/JPY has surpassed a moving average resistance level close to 172.00. The Euro (EUR) is trading in a narrower range against […]
EUR/JPY stays near 171.50 after retreating from its yearly peaks
EUR/JPY is expected to decline after reaching a one-day peak of 172.28 on Wednesday. Due to rising trade anxieties, the Japanese yen is likely to benefit as a safe haven. Maros Sefcovic from the EU stated significant progress has been made toward a framework trade agreement with the US. EUR/JPY has been weakening for the […]
EUR/JPY Price Outlook: Important resistance level appears around 166.50
EUR/JPY is likely to rise to about 166.50 during early European trading on Monday. The optimistic outlook for the pair seems to outweigh the significant 100-day EMA, supported by bullish RSI indicators. Key resistance levels are anticipated around 166.90-167.00, with initial support at 164.95. The EUR/JPY pair reached approximately 166.50 at the start of European […]
EUR/JPY Price Prediction: Positive outlook continues near 164.50
EUR/JPY has lost some momentum, currently sitting around 164.40 during early European trading on Wednesday. The outlook for this currency pair remains positive as it stays above the significant 100-day EMA, with bullish readings on the RSI. The first resistance level to note is at 165.00, while initial support can be observed at 163.51. The […]