1. Home
  2. EUR/JPY Price Analysis: Looks set for further downside

Tag: EUR/JPY Price Analysis: Looks set for further downside

Market News
EUR/JPY Price Analysis: Corrective downside could extend to 130.00

EUR/JPY Price Analysis: Corrective downside could extend to 130.00

EUR/JPY struggles for direction amidst a broader leg lower. Next on the downside comes within the 130.00 neighbourhood. EUR/JPY looks for direction amidst a negative start of the new month, meeting initial support around 131.00 for the nonce .…

Market News
EUR/JPY Price Analysis: Looks set for further downside, rising wedge in focus

EUR/JPY Price Analysis: Looks set for further downside, rising wedge in focus

EUR/JPY sellers attack intraday low, teases confirmation of bearish chart pattern. Downbeat MACD, failures to cross immediate resistance line favor bears. 200-HMA lures bears, wedge’s upper line adds to the north-side hurdle. EUR/JPY stays depressed…