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EUR/JPY fails to create significant run; neutral in the near-term. EUR/JPY has been trading within a consolidation area over the last month, with upper boundary the 129.28 resistance level, and lower boundary the 127.60 support level, having mid-level the 23.6% Fibonacci retracement level of the down-leg from 133.10 to 126.60, around 128.15. From the
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EUR/JPY remains in sideways channel; fails to create a clear tendency. EUR/JPY has been developing within a sideways channel over the last month, with upper boundary the 129.28 resistance barrier, and lower boundary the 127.60 support level. Currently, the price bounced off the 23.6% Fibonacci retracement level of the down-leg from 133.10 to
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EUR/JPY posts losses in a narrow range in the short-term. EUR/JPY has been trading within a consolidation area over the last couple of weeks, with upper boundary the 129.00 resistance barrier, and the 127.80 support level. Technically, in the 4-hour chart, the RSI indicator is moving slightly lower below the threshold of
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EUR/JPY runs higher in narrow range; next obstacle near the 129.00 level. EUR/JPY is pushing aggressively higher, paring Tuesday’s losses above the 20- and 40- simple moving averages in the 4-hour chart. Moreover, the price has been trading within the 23.6% Fibonacci retracement level and the 38.2% Fibonacci mark of the down-leg from
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EUR/JPY maintains a weak bias in the near-term; the broader trend is neutral. EUR/JPY has been trading within the 23.6% Fibonacci retracement level and the 38.2% Fibonacci mark of the down-leg from 133.10 to 126.60, between 128.15 and 129.10 over the last 4-hour sessions. The MACD oscillator is moving higher in
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EUR/JPY on the up after rebound on 126.60. EUR/JPY has jumped considerably following the rebound on the two-month low of 126.60, hitting a new two-week high of 129.88 earlier today. The technical indicators are confirming the recent upside movement. The RSI is ready to jump into the overbought zone, while the
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EUR/JPY turns slightly positive in the short-term but stuck below the downtrend line. EUR/JPY has moved considerably higher following the rebound on the two-month low of 126.60 in the previous week. This week the pair has been higher, and the technical indicators are confirming the recent upside movement. The stochastic oscillator
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EUR/JPY extends losses in the short-term; indicators confirm bearish structure. EUR/JPY is on course for a strong session after the rebound on the 128.30 support, in the 4-hour chart. This week, the pair has been on the backfoot and the technical indicators suggest that the market could ease a little bit in the short-term. The
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EUR/JPY hovers in a trading range in the very short-term. EUR/JPY has been trading within a consolidation area in the very near term with upper boundary the 130.50 resistance level and the lower boundary the 129.20 support hurdle since October 8. The price headed lower in the previous session and is
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EUR/JPY near-term momentum turns north but remains below downtrend line. EUR/JPY has struggled near the 38.2% Fibonacci retracement level of the up-leg from 124.90 to 133.10, around the 130.00 level and over the last couple of hours edged higher, touching the 20-simple moving average (SMA) in the 4-hour chart. The positive
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