Browsing Tag

Yen

EUR/JPY and GBP/JPY: Upsides Could Face Hurdles

The Euro and British Pound traded lower this week below key supports against the Japanese Yen. EUR/JPY is showing a few positive signs, while GBP/JPY is trading in a bearish zone. Important Takeaways for EUR/JPY and GBP/JPY The Euro declined heavily below the 125.80 and 125.00 support levels ...

EUR/USD and USD/JPY Facing Significant Resistances

EUR/USD recovered recently above 1.1200, but it is facing a crucial resistance near 1.1320. USD/JPY is also approaching a major barrier, which could produce a bearish reaction. Important Takeaways for EUR/USD and USD/JPY The Euro recovered nicely after trading towards the 1.1180 support area. ...

EUR/USD Turned Bullish, USD/JPY Could Decline Further

EUR/USD gained bullish momentum recently and broke the 1.1360 resistance. USD/JPY is currently under pressure and upsides are likely to be capped near 110.70. Important Takeaways for EUR/USD and USD/JPY The Euro started a decent recovery from the 1.1285 swing low and traded above 1.1320. There ...

EUR/JPY and GBP/JPY: Yen Buyers Back In Control

The Euro and British Pound declined heavily against the Japanese Yen. Both EUR/JPY and GBP/JPY are under pressure and they could continue to weaken in the near term. Important Takeaways for EUR/JPY and GBP/JPY The Euro topped near the 125.50 level and declined heavily against the Japanese Yen. ...

EUR/USD and USD/JPY Primed for More Gains

EUR/USD started a decent recovery and moved above the 1.1320 resistance area. USD/JPY is gaining bullish momentum and it might break the 110.80 resistance. Important Takeaways for EUR/USD and USD/JPY The Euro found support near the 1.1260 level and later recovered above 1.1300. There was a ...

EUR/USD Gains Traction, USD/JPY Facing Strong Resistance

EUR/USD started a nice upward move and traded above the 1.1400 resistance. USD/JPY is currently facing a strong resistance near the 109.40 level Important Takeaways for EUR/USD and USD/JPY The Euro recovered nicely and moved above the 1.1360 and 1.1400 resistance levels. There is a key ...

EUR/USD Makes U-Turn, USD/JPY Could Continue Higher

EUR/USD topped near the 1.1575 level and later corrected lower sharply. USD/JPY is currently consolidating and it could soon make the next move above 108.75. Important Takeaways for EUR/USD and USD/JPY The Euro declined recently and broke the 1.1460 and 1.1420 support levels. There is a major ...

EUR/USD Remains Bullish While USD/JPY Accelerates Decline

EUR/USD traded higher recently and broke the 1.1425 resistance zone. USD/JPY remained in a downtrend and it may continue to decline towards the 109.00 level. Important Takeaways for EUR/USD and USD/JPY The Euro climbed higher recently and broke the 1.1425 resistance area. There is a key bullish ...

EUR/USD Eyeing Upside Break While USD/JPY Downside

EUR/USD recovered recently and traded above the 1.1350 resistance to move into a positive zone. USD/JPY declined heavily and it seems like it could break the 112.25 support. Important Takeaways for EUR/USD and USD/JPY The Euro corrected higher recently and traded above the 1.1300 and 1.1350 ...

EUR/USD and USD/JPY Primed For More Losses

EUR/USD failed to recover above 1.1420 and declined recently. USD/JPY is currently correcting higher, but it could face resistance near the 113.20 level. Important Takeaways for EUR/USD and USD/JPY The Euro is currently under pressure below the 1.1350 support level. There was a break below a ...