USD/JPY Momentum Fading, EUR/JPY Rising Wedge in Focus

Japanese Yen, USD/JPY, EUR/JPY – Technical Update: Will the Japanese Yen hold its ground at resistance? USD/JPY is struggling as momentum is fading EUR/JPY eyeing imminent Rising Wedge breakout Recommended by Daniel Dubrovsky Get Your Free JPY Forecast The US Dollar continues struggling to make further upside progress against the Japanese Yen. Resistance has been

Retreats from 15-year high below 160.00 ahead of Eurozone inflation

Share: EUR/JPY takes offers to refresh intraday high while reversing from multi-year high. Nine-week-old ascending resistance line restricts immediate upside amid sluggish MACD. Convergence of 10-DMA, monthly support line joins upbeat RSI to keep buyers hopeful. Upbeat Eurozone CPI, HICP data for August can bolster hawkish bias about ECB and restore upside. EUR/JPY

EUR/USD Struggles Continue, EUR/JPY Eyes a Fresh Multi-Year High

EUR/USD and EUR/JPY Forecast – Prices, Charts, and Analysis Heavyweight US and Euro Area data are on tap this week. The US dollar remains undecided after chair Powell’s Jackson Hole speech. The Federal Reserve and the European Central Bank both reiterated their stance of keeping rates higher for as long as it takes at the

Advances and faces strong resistance at Tenkan-Sen, clings to 158.00

Share: EUR/JPY consolidates within the 157.00/158.50 range, with an upward bias influenced by ECB President Christine Lagarde’s hawkish tone on inflation. Technical indicators suggest a new trading range could form if the pair falls below 157.00, with key levels at August 3 low of 155.53 and August 23 low of 156.87. A breach

USD/JPY Upside Back in Play, EUR/JPY Vulnerable

Japanese Yen (USD/JPY, EUR/JPY) Analysis Indicator of broader price pressures reach record highs IG client sentiment hints at bullish extension EUR/JPY breakdown scenario may receive a boost from dovish leaning ECB The analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education library

Will Flash PMIs Spark Action in EUR/USD, EUR/JPY?

EUR/USD and EUR/JPY Forecast – Prices, Charts, and Analysis Volatility remains low across a range of markets ahead of Jerome Powell’s speech. The Japanese Yen remains weak across a range of currencies. Recommended by Nick Cawley How to Trade EUR/USD Volatility across a range of major fx currencies pairs remains extremely low leaving traders waiting

EUR/JPY set to post a weekly decline after Japanese inflation data

Share: EUR/JPY dropped near 158.00, still trading in cycle highs. After two consecutive weeks of gains, the cross will close a weekly decline of 0.30%. The Japanese National CPI from July came in higher than expected. On Friday, the JPY traded strongly against most of its rivals, making the EUR/JPY cross retreat to

Finance Minister Suzuki Sticks to Script as EUR/JPY, USD/JPY Advance

USD/JPY, EUR/JPY FORECAST: Japanese GDP Posts Upside Surprise but the Yen Continues to Slide. Finance Minister Suzuki Offers Nothing New When Quizzed on Potential FX Intervention, but Top FX Diplomat Kanda Says He is Monitoring the Situation Closely. IG Client Sentiment Shows Retail Traders Extremely Bearish on Both USD/JPY and EUR/JPY. To Learn More About