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 […]
EUR/JPY depreciates to near 159.50 as Japanese Yen rises amid hawkish BoJ – FXStreet
EUR/JPY will lose ground as the Japanese yen moves forward, as the BOJ rate hikes grow even more. Japanese pastor Kinosaki said the authorities will take appropriate measures regarding US mutual tariffs. As expected, Eurozone GDP could remain consistent in the previous year of 0.9% growth in the fourth quarter. EUR/JPY continues to lose ground […]
EUR/JPY Price Forecast: Resumes uptrend within ascending trend channel above 160.00 – FXStreet
EUR/JPY extended its gains to around 160.35 in early European trading on Thursday, gaining 0.15% on the day. The cross resumes the uptrend above the key 100-period EMA with a bullish RSI indicator. The immediate resistance level is located at 160.70. An important support level appears at the psychological level of 160.00. The euro/yen cross […]
EUR/JPY depreciates to near 156.00 as BoJ holds hawkish stance – FXStreet
EUR/JPY fell after the Bank of Japan hinted at further interest rate hikes if the economic outlook meets expectations. The Bank of Japan may raise interest rates to 0.5% by the end of 2024, according to a Fitch Ratings report. ECB policymaker Joachim Nagel said core inflation was heading in the right direction. EUR/JPY fell […]
EUR/JPY Price Analysis: Extends its upside above 166.50 amid the overbought condition – FXStreet
EUR/JPY gained momentum on Thursday near 166.85, its highest since 2008. The cross maintains a bullish atmosphere with an overbought RSI condition. The first resistance level appears at 166.82. Initial support level is 165.35. At the beginning of Thursday’s European trading session, the euro/yen cross was trading in positive territory for the fifth day in […]
Japanese Yen Q2 Technical Forecast: USD/JPY, EUR/JPY, GBP/JPY at Critical Juncture – DailyFX
In this article, we mainly circle. To better understand the fundamental factors driving the Japanese currency’s trajectory in the second quarter, feel free to download our comprehensive second quarter forecast. Free! Recommended by Diego Coleman Get Free JPY Forecast USD/JPY technical outlook USD/JPY soared in the first three months of 2024, gaining more than 7% […]
Euro’s Outlook Hinges on ECB Guidance; Trade Setups on EUR/USD, EUR/GBP, EUR/JPY – DailyFX
Most read: The US dollar falls, and the Fed’s resolve is called into question. USD/JPY, USD/CAD settings before NFP Thursday’s meeting of the European Central Bank (ECB) is likely to be a calm one, with markets widely expecting interest rates to remain unchanged for the fourth consecutive time. For this reason, investors should closely monitor […]
Euro Technical Analysis & Trade Setups – EUR/USD, EUR/GBP and EUR/JPY – DailyFX
Most read articles: US dollar forecast – focused on PCE data. EUR/USD, GBP/USD settings EUR/USD Forecast – Technical Analysis EUR/USD fell slightly on Tuesday, but managed to stabilize above the 1.0835 area, where trendline support crosses the 200-day moving average. The bulls must defend this important battlefield with vigor. Otherwise, it could head towards 1.0725. […]