EURJPY Update, downside target 130.25

EURJPY, Daily

The short term technical view for the EURJPY supports short positions for a target near the 130.25 area. Stochastic analysis is bearish; price is trading below the downward sloping trend line, moving average analysis is bearish.
Dec 31 EURJPY SRL

Disclaimer: Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of purchase or sale of any financial instrument.

Recommended Content


Recommended Content

Editors’ Picks

EUR/USD keeps range above 1.0800 after German Retail Sales data

EUR/USD keeps range above 1.0800 after German Retail Sales data

EUR/USD struggles to gain traction and continues to move in a tight channel slightly above 1.0800. The data from Germany showed that Retail Sales declined by 1.9% on a monthly basis in February, making it difficult for the Euro to attract buyers.

EUR/USD News

GBP/USD stays depressed below 1.2650 amid market caution

GBP/USD stays depressed below 1.2650 amid market caution

GBP/USD remains defensive below 1.2650 in European trading on Thursday. The hawkish tone from Fed Governor Christopher Waller keeps the US Dollar afloat amid a cautious trading environment ahead of key US data releases and the Good Friday trading lull. 

GBP/USD News

Gold eyes daily close above $2,200 for a sustained uptrend

Gold eyes daily close above $2,200 for a sustained uptrend

Gold price is duplicating the move seen in Wednesday’s Asian trading, as it edges lower below $2,200 early Wednesday. Gold capitalizes on sustained US Dollar strength and a rebounding US Treasury bond yields struggle, as traders take account of the latest hawkish US Fed commentary.

Gold News

XRP ruling by Judge Torres denied in Coinbase lawsuit, yet another blow to Ripple

XRP ruling by Judge Torres denied in Coinbase lawsuit, yet another blow to Ripple

XRP programmatic sales ruling by Judge Torres completely rejected by US Court in Coinbase lawsuit. US Court rejected Coinbase’ motion to dismiss SEC lawsuit, weighing heavily on Ripple’s legal battle.

Read more

The other terminal rate: How far will policy rates be cut?

The other terminal rate: How far will policy rates be cut?

Recent communication by the Federal Reserve and the ECB has made it clear that the first cut in official interest rates is coming. Both central banks are saying the same but the ECB communication is more opaque than that of the Fed.

Read more

Majors

Cryptocurrencies

Signatures