The EUR/JPY’s bulls stepped in on Thursday and advanced to multi-month highs around 158.90. The daily chart suggests that the technical bias is neutra
EUR/JPY rose to a daily high of 158.92 and then settled at 158.60. Indicators suggest that the buyers have the upperhand in the short term, but momentum is weak. l to bullish as the bulls still have more work and the momentum doesn't seem to be enough to trigger the next upwards leg. The neutrality is also givenby the pair side-ways trading since September.
On the four-hour chart, both indicators support the idea that the upward momentum is somewhat weak, as they turned flat on positive territory. Support levels: 157.50 , 157.00, 156.50. Resistance levels:159.00, 159.50, 160.00. EUR/JPY Daily Chart EUR/JPY Overview Today last price 158.64 Today Daily Change 0.62 Today Daily Change % 0.39 Today daily open 158.02 Trends Daily SMA20 157.51 Daily SMA50 157.94 Daily SMA100 156.45 Daily SMA200 150.54 Levels Previous Daily High 158.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EUR/JPY sees gains, Euro sticking close to the ceiling near 158.60The EUR/JPY started Wednesday with a dip into 157.10 before broad-market risk appetite turn higher, sending the Euro (EUR) back into near-term highs a
Read more »
EUR/JPY Price Analysis: No changes to the consolidation theme so farEUR/JPY reverses two consecutive daily gains and faces some downside pressure near 158.00 on Wednesday. Considering the ongoing performance, further c
Read more »
EUR/JPY consolidates gains, defends the 20-day SMAThe EUR/JPY’s buyers seem to be taking profits on Wednesday, and the cross initially declined to a low of 157.70 and then closed at 157.86, holding ab
Read more »
Housing starts rebound in September despite spike in mortgage ratesHousing starts rose in September after a steep drop the previous month, but new home construction remains at low levels, which could keep prices elevated.
Read more »
Despite Game Pass, ‘Starfield’ Was The Best-Selling Game Of SeptemberI’ve been writing about video games, television and movies for Forbes for over 10 years, and you may have seen my reviews on Rotten Tomatoes and Metacritic. I cover all manner of console and PC games, but if it’s about looting or shooting, I’m definitely there. If I’m watching something, it’s usually science fiction, horror or superheroic.
Read more »