EURJPY bears stay in control

EURJPY in the fourth week of losses. Short-term bias skewed to the downside. Next stop could be near 158.00.

XM Group | 649 days ago

EURJPY is set to post its fourth consecutive negative week, having retraced more than half of its September-October uptrend to reach the 159.00 level on Wednesday.

The 61.8% Fibonacci retracement level of 159.55 came to offer some support, but it seems the bears are not ready to give up control. The RSI and the Stochastic show no signs of a positive reversal despite hanging near their oversold levels, and the MACD has just started a new negative cycle below its red signal and zero lines, all suggesting downside risks could stay alive. Moreover, it’s worthy to note that the 20-day simple moving average (SMA) couldn’t cross above the 200-day SMA.

If the selling continues, traders could look for support within the 157.60-158.00 region, where the 78.6% Fibonacci mark and the ascending trendlines from 2022 are positioned. A violation there could send the price spiraling toward September’s low of 155.13, with a deeper dive to 154.20 on the cards. Additional declines from there could possibly pause near 153.00.

On the flip side, if the bulls manage to push the pair above 161.00, resistance could emerge near the 20- and 50-day SMAs currently within the 163.00-163.30 zone. The resistance trendline from July’s top could be a more important barrier at 164.00, whilst the 200-day SMA could give the green light for a rally to October’s high of 166.67.

In summary, bearish pressure is likely to persist, especially if EURJPY drops below 157.60-158.00.

XM Group

4.3

414 ulasan

Type: Market Maker

Regulation: FSA (Seychelles), FSC (British Virgin Islands), CySEC (Cyprus), FSC (Belize), DFSA (UAE), FSCA (South Africa), FSC (Mauritius), CMA (Kenya)

Tags: Analisis EURJPY

Attention on JPY Crosses: Intervention Risk Back in Focus

The Japanese yen has given back much of its late-July and August gains as intervention risk returns to the foreground. This analysis covers USD/JPY, EUR/JPY, and GBP/JPY key levels, carry-trade exposure risks, and what the upcoming BOJ meeting could mean for yen positioning.

Born2trade | 6 days ago

EUR/JPY, GBP/JPY, USD/JPY – “Golden” Recovery After Intervention. What’s Next?

The Japanese yen weakened again after intervention-driven moves, while EUR/JPY, GBP/JPY and USD/JPY resumed their upward momentum. We examine the fundamental backdrop, renewed short-JPY positioning and the key technical resistance zones that may determine whether yen weakness continues or intervention risk and profit-taking trigger another correction.

Born2trade | 21 days ago

Major Currencies Gain as Shifting Rate Expectations Support FX Markets | 14th August, 2026

Major currencies gained as softer US inflation reduced expectations for further Fed tightening, keeping the Dollar below 100.00. The Euro, Swiss Franc, Canadian Dollar and Pound benefited from Dollar weakness, though geopolitical risks limited stronger gains. Attention now turns to US Retail Sales, consumer sentiment and Fed commentary for the next FX catalyst.

Moneta Markets | 25 days ago

Improving Risk Sentiment Lifts Currencies as Iran Peace Hopes Ease Market Fears | 3rd August, 2026

Risk appetite improved as renewed US-Iran peace talks and stronger Chinese manufacturing data weakened the US Dollar and boosted risk-sensitive assets. Silver, the Euro, and Australian Dollar advanced, while the Canadian Dollar lagged due to lower oil prices. Investors now focus on US-Iran negotiations, Chinese data, and central bank guidance for the next market moves.

Moneta Markets | 36 days ago

Japanese Yen Finds Support on Intervention Fears as Precious Metals Remain Under Pressure | 25th June, 2026

Markets traded cautiously as intervention concerns boosted the Japanese Yen ahead of the US PCE inflation report. The US Dollar eased slightly, while gold and silver remained under pressure from elevated Treasury yields and lingering Fed uncertainty. Investors are now focused on US inflation data, Bank of Japan developments, and Federal Reserve policy for the next market catalyst.

Moneta Markets | 75 days ago

BoJ Rate Hike Strengthens Yen While Weak China Data Pressures Australasian Currencies | 16th June, 2026

Asian markets were driven by the Bank of Japan’s 25-basis-point rate hike to 1.00%, its highest rate since 1995, boosting the Japanese Yen. Meanwhile, weak Chinese retail sales data pressured the Australian and New Zealand Dollars, raising concerns about regional growth. Investors are now focused on BoJ guidance, Chinese data, and Federal Reserve policy signals.

Moneta Markets | 84 days ago

US Inflation in Focus as Euro Strengthens and Aussie Holds Near Two-Month Lows | 10th June, 2026

Global markets remained cautious ahead of the US CPI report, which could reinforce expectations of prolonged Federal Reserve hawkishness. The US Dollar stayed supported, while AUD/USD faced pressure, EUR pairs traded cautiously, and the Swiss Franc weakened as investors balanced inflation risks with ongoing Middle East tensions.

Moneta Markets | 90 days ago

Markets Turn Cautious Ahead of US NFP as Yen Gains on Intervention Threats | 5th June, 2026

Global markets are trading cautiously ahead of the US Nonfarm Payrolls report. The US Dollar is consolidating near 99.40, while the Japanese Yen gains support from intervention threats. Higher oil prices are helping the Canadian Dollar stabilize, and traders remain focused on Fed expectations, central bank signals, and key economic data for the next market catalyst.

Moneta Markets | 95 days ago

Review Score

Platform

Pricing

Layanan pelanggan

Features

EURUSD	1.16339	GBPUSD	1.35505
USDJPY	153.442	USDCAD	1.37721