EUR/JPY Live News

This page provides live coverage and news analysis on the EUR/JPY currency pair

Advertiser Disclaimer
Top8forexbrokers would like to remind you that the data contained in this website is not necessarily real-time nor accurate.Prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Top8forexbrokers does not bear any responsibility for any trading losses you might incur as a result of using this data.
Top8forexbrokers or anyone involved with Top8forexbrokers will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Jun. 25, 2024

Weak sentiment sees Euro-Yen posting 0.14% loss

Live - Updated 43 minutes ago.

Euro-Yen drops from 171.29 to 171.06, losing 23 pips (0.14%) today.

EUR/JPY made an initial break below its 3 day Simple Moving Average at 170.73, a possible indication of a forthcoming negative trend. Euro-Yen's upper Bollinger Band® is at 171.17 which indicates a further downward move may follow. On the other hand, note that Euro-Yen could begin to recover as it approaches significant support, now 48 pips away from 170.58. Dipping below could be an indication that further losses are ahead.

In general, examining the technical analysis landscape, although indicators are mixed further drawbacks may be next for Euro-Yen.

In the meantime, negative performances are seen in other pairs, after ending yesterday's session at 1.0736, EUR/USD lost 20 pips and is trading around 1.0716.

Though Euro-Yen has been dropping, other pairs have been performing better: USD/CHF moves up 0.22% to trade around 0.8945. Having closed the previous session at 1.3524, USD/SGD is up 0.14% today to currently trade at around 1.3542.

Trading mostly sideways for a month. Euro-Yen has gained 0.28% over the last 2 days.

follow us:

Week to date

Directionless Euro-Yen remains idle around 171.06 .

A good end to the trading week, EUR/JPY is up to 171.06, after closing yesterday at zero. Overall, a 0% move or 17,105 pips this week. (Start trading Euro-Yen at FXTM today).