EUR/JPY Daily Technical Analysis
EURJPY: Bullish, Resumes Its Broader Uptrend
The cross has resumed its medium term uptrend paving the way for more upside offensive towards the 132.00 level and then the 133.00 level. A cut through here will target the 133.50 level and then the 134.00 level. Its daily RSI is bullish and pointing higher supporting this view. Alternatively, the cross will have to return below the 125.
By Mohammed Isah | May 10 | FX Tech Strategy
EU Morning Report - Traders take profits on yen
The euro (EUR) reversed its negative trend against the US dollar (USD) edging higher in yesterday’s trading session.
By NikolasX | Apr 10 | Easy Forex
EU Morning Report - Investors moving to euro; dropping yen.
The euro (EUR) is moving higher against the US dollar, having touched 1.3067 before correcting somewhat to 1.
By NikolasX | Apr 09 | Easy Forex
EU Morning Report - Lisbon court rejects austerity
The euro (EUR) is weakening against most of its major counterparts early in the European session, as investors worldwide are trying to digest Friday’s ruling by the Portuguese constitutional court.
By NikolasX | Apr 08 | Easy Forex
EURJPY: Corrective Threats Yet To Over
Following a halt in its correction and its subsequent recovery, we still continue to see further upside risk. However, it will have to break and hold above the 125.21 level to create scope for a run at the 127.70 level. A break will pave the way for a run at the 128.00 level followed by the 128.50 level and then the 129.00 level.
By Mohammed Isah | Mar 06 | FX Tech Strategy
EU Morning Report - EURJPY breaks 2.5 year high - NFP sets the stage
The euro (EUR) continued its climb against the US dollar (USD) moving above 1.36. Looking ahead, this afternoon will see the release of US Non-Farm Payrolls (NFP), expected to come out at 161 thousand, it is a key indicator of economic growth.
By NikolasX | Feb 01 | Easy Forex
EU Morning Report - EURJPY breaks 2.5 year high - NFP sets the stage
The euro (EUR) continued its climb against the US dollar (USD) moving above 1.36. Looking ahead, this afternoon will see the release of US Non-Farm Payrolls (NFP), expected to come out at 161 thousand, it is a key indicator of economic growth.
By NikolasX | Feb 01 | Easy Forex
EU Morning Report - UK referendum talk shakes markets
The euro (EUR) has been trading around 0.84 versus the sterling (GBP), in early trading, as markets are expecting today’s speech by British prime minister David Cameron.
By NikolasX | Jan 23 | Easy Forex
EU Morning Report - UK referendum talk shakes markets
The euro (EUR) has been trading around 0.84 versus the sterling (GBP), in early trading, as markets are expecting today’s speech by British prime minister David Cameron.
By NikolasX | Jan 23 | Easy Forex
EURJPY: Pressure Builds On The 115.95 Level.
EURJPY- The cross should eventually recapture the 115.98/116.00 levels and then trigger its broader medium term uptrend having continued a second day of upside offensive today. Above there is required to resume that uptrend towards the 117.00 level and then the 117.72 level. Support comes in initially at the 113.64 level with a breach targeting the 113.17 level followed by the 112.48 level.
By Mohammed Isah | Jan 11 | FX Tech Strategy
EU Morning Report - JPY at significant levels, fiscal cliff averted?
The euro (EUR) is rising against most of its major counterparts, as investors’ risk appetite remains high following apparent gestures, from both sides, to compromise and strike a deal to avert the fiscal cliff scenario.
By NikolasX | Dec 18 | Easy Forex
EU Morning Report - JPY at significant levels, fiscal cliff averted?
The euro (EUR) is rising against most of its major counterparts, as investors’ risk appetite remains high following apparent gestures, from both sides, to compromise and strike a deal to avert the fiscal cliff scenario.
By NikolasX | Dec 18 | Easy Forex



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