EUR/JPY Price Forecast: Extends win streak to four days, eyes on 166.00

avatar
· Lượt xem 14
  • EUR/JPY trades at 165.16, up 0.06% early Tuesday, extending 4-day rally.
  • RSI favors buyers, but lack of momentum points to wait-and-see mode.
  • Break above 165.30 could expose Nov. 6 high at 166.09, then 167.00.
  • Drop below 165.00 opens path to support at 164.03 and 163.60.

EUR/JPY prolongs its rally to four straight days as Tuesday’s Asian session begins. At the time of writing, the cross-pair exchange hands at 165.16, up 0.06%, and is up 0.09% in the week so far.

EUR/JPY Price Forecast: Technical outlook

The EUR/JPY is neutral to upward biased, but so far, it has remained trapped within the 164.50-165.30 range for the last three days, indicating a lack of conviction among buyers and sellers regarding the cross-pair. Momentum-wise, the Relative Strength Index (RSI) suggests that buyers are in control but are taking a respite, awaiting a fresh catalyst.

If EUR/JPY clears the year-to-date high, this would pave the way for a test of the November 6 high at 166.09. Once surpassed, the next stop would be 167.00. On the other hand, if EUR/JPY tumbles beneath the 165.00 mark, look for a test of the Tenkan-sen at 164.03, followed by the Senkou Span A at 163.60.

EUR/JPY Price Chart – Daily

EUR/JPY Price Forecast: Extends win streak to four days, eyes on 166.00

Euro PRICE Today

The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the strongest against the Canadian Dollar.

USD EUR GBP JPY CAD AUD NZD CHF
USD -0.01% -0.02% 0.01% -0.02% -0.01% -0.05% -0.03%
EUR 0.00% -0.00% 0.00% 0.02% 0.00% -0.03% 0.00%
GBP 0.02% 0.00% -0.06% 0.02% 0.02% -0.03% 0.01%
JPY -0.01% 0.00% 0.06% -0.01% -0.06% -0.14% -0.12%
CAD 0.02% -0.02% -0.02% 0.00% -0.01% -0.05% -0.01%
AUD 0.01% -0.01% -0.02% 0.06% 0.00% -0.03% -0.01%
NZD 0.05% 0.03% 0.03% 0.14% 0.05% 0.03% 0.04%
CHF 0.03% -0.00% -0.01% 0.12% 0.00% 0.00% -0.04%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent EUR (base)/USD (quote).

Share: Feed news

Tuyên bố miễn trừ trách nhiệm: Nội dung trên chỉ đại diện cho quan điểm của tác giả hoặc khách mời. Nó không đại diện cho quan điểm hoặc lập trường của FOLLOWME và không có nghĩa là FOLLOWME đồng ý với tuyên bố hoặc mô tả của họ, cũng không cấu thành bất kỳ lời khuyên đầu tư nào. Đối với tất cả các hành động do khách truy cập thực hiện dựa trên thông tin do cộng đồng FOLLOWME cung cấp, cộng đồng không chịu bất kỳ hình thức trách nhiệm nào trừ khi có cam kết rõ ràng bằng văn bản.

Website Cộng đồng Giao Dịch FOLLOWME: www.followme.asia

Ủng hộ nếu bạn thích
avatar
Trả lời 0

Tải thất bại ()

  • tradingContest