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Euro/Japanese Yen (EUR/JPY) Exchange Rate
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Check out our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for the week of February 19, 2018.
Check out our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for the week of January 15, 2018.
The US Dollar continued its slide versus the Japanese Yen after a sentiment shift in the wake of yesterday’s move by the Bank of Japan.
Rising risk-on sentiment helped the EUR/USD to resume strong gains, as the pair moved towards the highest levels in 28 months, reaching towards the resistance at the 136.36 level, the highest level since October 2015.
The EUR/JPY is established around 135.60 level for the 4th day in a row, which created a cluster threatens to have a corrective moves of profit taking at any time
Gains for the EUR/JPY stopped around the resistance level at 135.60 awaiting stronger stimulates to continue the bullish move which took this pair to its highest levels
There is an increase of risk appetite among investors despite thin liquidity in the markets due to holiday season, however, the EUR/JPY succeeded in testing a new record
Technically, the EUR/JPY upward chance is still stronger as shown on the daily chart.
The EUR/JPY gains halted around 134.88, the highest level for the pair since 2015.
Check out our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for the week of October 23, 2017.
For the third day in a row, the EUR/JPY is trying to stabilize above the resistance level at 132.00 to support the upward path of the pair.
The EUR/JPY retreated yesterday to the support level at 131.65 during yesterday’s trades, in light of the correction path going on for three sessions after a gain to the peak at 133.48 during last week's transactions.
The Japanese Yen saw broad gains in the wake of the rhetoric bandied about by the leaders of the US and North Korea.
Our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for August 7, 2017.
Get the Forex forecast focusing on the major currency pairs you should pay attention to during the new trading week of July 31, 2017 here.
The EUR/JPY pair respected the support level at 128.50 for many sessions lately, which supports continuing the upward momentum, the pullback was only due to profit taking.
Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of July 10, 2017.
Our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for May 29, 2017
Begin the trading week prepared with the Forex forecast focusing on the major pairs you should watch out for during the week of May 15, 2017 here.
In light of strong gains for the Euro, supported by the safe outcome of the important French Elections, guarantees the continuity of the EU and the Euro with the expected loss of the far right candidate calling for the French Exit from the EU and abandoning the Euro.