TAG: EUR/JPY
EUR/GBP tries to recover as EUR/JPY and USD/JPY continue to rise
EUR/GBP holds at support EUR/GBP tries to overcome the 55-day simple moving average (SMA) at £0.8549 and reach the £0.856 to £0.857 zone. On Monday the cross slid to £0.8527, below which lies the £0.8499 February low. Source: TradingView.com...
5 months ago
USD/JPY trades in 34-year highs while EUR/JPY rises and AUD/USD stabilizes
AUD/USD bounces off 5-month low AUD/USD bounces off Friday's $0.6363 low but so far has only briefly risen above Thursday's $0.6456 high, above which sits the $0.6493-99 minor resistance area. Support below Monday's intraday low at $0.6412 comes in around...
5 months ago
EUR/JPY, USD/JPY rally to multi-decade highs while EUR/GBP drops
EUR/GBP is coming off further still EUR/GBP has short-term topped out at £0.8644 and weighs on the £0.8586 to £0.858681 support zone. Below it lies the 17 April high at £0.8572 and then meanders the 55-day simple moving average (SMA) at £0.8553. Minor...
5 months ago
AUD/USD and EUR/JPY dive sharply and EUR/GBP edges higher
AUD/USD slump gathers pace The AUD/USD pair has gone from a seven-month high in mid-July to a three-month low in the space of three weeks. It has now slumped below the June lows at $0.6576, and is now on course to the early May lows at $0.6482. After...
2 months ago
EUR/GBP drops back but AUD/USD and EUR/JPY push higher
EUR/GBP drifts lower from recent high After hitting a three-month high earlier in the week, EUR/USD price has dropped back to the 200-day simple moving average (SMA). The huge gains of late July and early August mean that this is not surprising, but ove...
2 months ago
AUD/USD surges ahead while EUR/JPY and USD/JPY stabilize
AUD/USD rally continues AUD/USD's sharp rally off its $0.6349 low has the July peak at $0.6798 in its sights. Minor support is now seen between the May peak at $0.6714 and the 12 June high at $0.6704. Source: TradingView.com Source: Trad...
1 month ago
Swift AUD/USD rally is taking a breather while EUR/JPY, USD/JPY stay side-lined
AUD/USD rally is taking a breather AUD/USD's sharp rally off its $0.6349 low is still gunning for its July high at $0.6798. Minor support is now seen between the May peak at $0.6714 and the 12 June high at $0.6704. Source: TradingView.com...
1 month ago
AUD/USD hits 8-month high while EUR/JPY, USD/JPY stay side-lined
AUD/USD continues its advance and trades in 8-month highs AUD/USD's sharp rally off its $0.6349 low nearly reached the 10 May 2023 high at $0.6819 before sliding back below its July high at $0.6798, a level reached on Friday of last week as well. M...
1 month ago
EUR/JPY Forecast: Euro Weakens Further
The euro initially did rally against the yen during the trading session on Tuesday but has been completely wiped out at this point.Late in the day in New York, we are trading near the 161 yen level, and I am watching the 160 yen level because a breach of...
1 month ago
AUD/USD, EUR/JPY and USD/JPY slip as US traders return after Labor Day
AUD/USD drops Last week AUD/USD reached the 10 May 2023 high at $0.6819 around which it stalled before tumbling to Friday's low at $0.6752 and below. Further potential support lies sits at the $0.6698 level, made up of the 4 June high and 22 August l...
1 month ago
EUR/JPY Forecast: Rallies on Yen Weakness
The euro has rallied rather significantly against the Japanese yen during trading on Monday, which is interesting considering we've seen the Japanese yen lose strength against almost everything.With that being the case, I think we are starting to return t...
1 month ago
AUD/USD stabilizes while EUR/JPY, USD/JPY slip ahead of US employment data
AUD/USD stabilizes AUD/USD is holding above Wednesday's low at $0.6686. Further potential support can be seen around the 55-day simple moving average (SMA) at $0.6667. Minor resistance remains to be seen around the 27 August low at $0.6762. Sou...
1 month ago
EUR/JPY Forecast: Euro Continues to Lose Against Japanese Yen
The EUR/JPY pair is one I am watching very closely.This is mainly due to the fact that the market is approaching a psychologically significant figure in the form of ¥155, and that we have seen quite a bit of noise in that area previously.The question now...
1 month ago
EUR/GBP, EUR/JPY, USD/JPY try to stabilize ahead of FOMC
EUR/GBP under pressure EUR/GBP remains below its 55-day simple moving average (SMA) at £0.8462 and revisits Wednesday's £0.8423 low. Below it lie the 6 September £0.8412 low and the June-to-July lows at £0.8398-to-£0.8378. A rise above £0.8465 would...
4 weeks ago