This is simply a technical analysis on the pair. The US 10y T-Note seems to be moving up to the top of the range signalling Yen strngth. As a bear on the Euro I will be looking for selling opportunities with the monthly pivot as my target USD/JPY Forex Technical Analysis –Even Steeper Plunge Possible Under 104.002 If the downside momentum continues then 104.002 will become the primary downside target. This is the last support The correlation seems to have held well this past decade, as EUR/JPY and both indexes rose steadily together, until 2008, when we were hit with the Grear Financial Crisis (GFC). In late 2007, EUR/JPY had hit its peak, and so did the stock indexes. Sep 21, 2020 · EUR/JPY bearish movement reached the 123.30 support level. The pair supported near the level and attempted to bounce from it. We will wait for a further reaction from the 123.30 support level this
USD/JPY Forex Technical Analysis – 104.807 Potential Trigger Point for Acceleration to Downside The direction of the USD/JPY the rest of the session on Wednesday is likely to be determined by EUR/JPY - This is the forex quote for the Euro vs. Japanese Yen exchange rate. EUR (the 'base currency') is quoted in terms of JPY (the 'counter currency'). The Yen is a historically low-yielding
Forex Analysis by Dmitriy Gurkovskiy covering: GBP/USD, EUR/JPY. Read Dmitriy Gurkovskiy's latest article on Investing.com Aug 12, 2020 · EUR/JPY Daily Price CHART (April 29 – August 12, 2020) Zoomed in. By the end of July, EUR/JPY rallied to the current 124.10 -125.80 trading zone reflecting that bulls had the upper hand. However
Nov 03, 2020
Nov 12, 2020 · Technical analysis of the pair: On the daily chart, and despite the recent USD/JPY gains, the pair still needs momentum to break the descending trend line shown on the chart, and this will happen if the currency pair moves towards resistance levels at 106.10 and 107.20, then 108.00, respectively. Nov 12, 2020 · USD/JPY analysis: Remains below 105.50 - November 12, 2020 EUR/USD Forecast: Winter wave weighs on the euro, but Moderna Powell may power it up - November 12, 2020 EUR/USD: Edges Higher Despite Nov 05, 2020 · EUR/JPY has not done much since the election, however EUR/USD has moved higher with the weak USD. A reversal there could cause EUR/JPY to quickly move lower in line with USD/JPY. Earlier, the pair posted a false breakout through resistance near 123.10 and has been moving lower since. Forex Analysis by Dmitriy Gurkovskiy covering: GBP/USD, EUR/JPY. Read Dmitriy Gurkovskiy's latest article on Investing.com Aug 12, 2020 · EUR/JPY Daily Price CHART (April 29 – August 12, 2020) Zoomed in. By the end of July, EUR/JPY rallied to the current 124.10 -125.80 trading zone reflecting that bulls had the upper hand. However