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Technical Analysis – EURJPY retreats below 50-day SMA

EURJPY has been in a prolonged uptrend since early March, generating consecutive multi-year peaks. However, the pair has been losing ground in the short term after its rally paused at the eight-year high of 148.

Technical Analysis – EURJPY meets the 20-day SMA but needs some boost for more increases

EURJPY is meeting the 20-day simple moving average (SMA) after several days of hovering within the short-term SMAs.

Technical Analysis – EURJPY’s bullish trend cracks

EURJPY halted its latest steep decline near the 50-day simple moving average (SMA), returning to the green zone on Monday.

Technical Analysis – EURJPY trades sideways after hitting 8-year high

EURJPY has been in a prolonged uptrend since early March, generating consecutive multi-year peaks. However, the pair has been consolidating in the last few daily sessions as its rally paused at the eight-year high of 148.

Technical Analysis – EURJPY pauses near 8-year high; neutral bias in near term

EURJPY is moving sideways after the jump to the eight-year high of 148.40, failing to endorse the bullish outlook in the long-term.

Technical Analysis – EURJPY trapped below 147.00; bias cautiously bullish

EURJPY quickly recovered Friday’s sharp pullback, but it could not close above the tough 147.00 ceiling, which has been restraining bullish movements for almost a week now.

Technical Analysis – EURJPY advances to fresh 7½-year highs

EURJPY has been in a prolonged uptrend since early March, generating consecutive multi-year highs. Moreover, even though the pair exhibited a substantial downside correction in late-September, the short-term picture has improved drastically again, with the price edging higher to a fresh 7½-year high of 146.

Technical Analysis – EURJPY is capped by 20-day SMA in the short-term

EURJPY is easing for the fifth consecutive red day and is being capped by the 20-day simple moving average (SMA).

Technical Analysis – EURJPY strengthens bullish bias above 20-SMA

EURJPY notches a fifth day of gains, having retraced more than half of the latest bearish wave to climb to a two-week high of 142.

Technical Analysis – EURJPY battles with 50-day SMA as decline halts

EURJPY has been experiencing a sharp drop after its latest advance came to a halt at the eight-year high of 145.

Daily Market Comment – Dollar at fresh highs ahead of Fed as Russia jitters sink euro

Russia-Ukraine tensions flare up, knocking the euro and boosting safe havens Stocks subdued but losses contained as investors await Fed decision Yields fall back slightly and gold climbs on Russia worries Tense mood amid Fed and geopolitical risks    The US dollar extended its gains on Wednesday, while stocks stayed largely in the red as investors weighed the risks from the Fed’s upcoming policy decision as well as the possible impact from Russia’s latest warmongering, which is adding to the uncertainty.

Technical Analysis – EURJPY aims for higher highs; June’s resistance in focus

EURJPY stepped on the short-term ascending trendline, as it halted last week’s pullback from the new eight-year high of 145.

Technical Analysis – EURJPY eases after the rally towards 7½-year high

EURJPY skyrocketed to a fresh seven-and-a-half-year high of 145.65 on Monday’s sessions with the technical oscillator suggesting an overbought market.

Technical Analysis – EURJPY edges higher as positive momentum intensifies

EURJPY has been gaining ground in the short term after it managed to find its feet at the 133.40 region in early August.

Daily Market Comment – Eurozone inflation closer to double digits, dollar reclaims its crown

Record Eurozone inflation corroborates a 75bps hike Fed’s Mester gives the dollar its crown back Equities slide on the back of stronger dollar, yields rise Euro holds steady as inflation hits new record The US dollar reclaimed its throne on Wednesday, outperforming all the other major currencies.

Technical Analysis – EURJPY looks to exit bearish channel

EURJPY had an impressive start to the week, but despite its bold bullish correction up to a one-month high of 138.

Technical Analysis – EURJPY still consolidating below the downtrend line

EURJPY is diving back below the near-term falling trend line and the 38.2% Fibonacci retracement level of the down leg from 124.

Technical Analysis – EURJPY steps on familiar support zone; 20-SMA in target

EURJPY stood firm again around the 135.00 support region on Tuesday, which triggered the preceding bullish wave, increasing hopes that the latest bearish correction has found a bottom.

Technical Analysis – EURJPY bullish correction still at risk

EURJPY has been in the green every single day since the plunge to an almost three-month low of 133.39 and the creation of a bullish hammer candlestick last week, rising gradually up to 137.

Technical Analysis – EURJPY retreats sharply, eyeing 200-day SMA

EURJPY has been experiencing a decline in the last few daily sessions after its latest advance paused at the 142.


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