Today
+0.02%
5 Days
+0.46%
1 Month
-0.05%
6 Months
-4.06%
Year to Date
-3.80%
1 Year
-0.01%
Opening Price
177.048Previous Closing Price
177.045
The downside prevails as long as 177.46 is resistance, with 176.62 and 176.41 as targets
above 177.46, look for 177.81 and 178.01.
The downside prevails as long as 177.46 is resistance, with 176.62 and 176.41 as targets
EUR/JPY depreciates after three days of gains, trading around 177.90 during European hours on Thursday. The technical analysis of the daily chart suggests that the currency cross is remaining within a descending channel pattern, indicating a prevailing bearish bias.
The EUR/JPY cross trades in negative territory around 177.90 during the early European session on Thursday. The Japanese Yen (JPY) strengthens against the Euro (EUR) after minutes of the Bank of Japan's (BoJ) September meeting reinforced expectations for further interest rate hikes.
EUR/JPY depreciates after two days of gains, trading around 177.40 during Asian hours on Wednesday. The technical analysis of the daily chart suggests that the currency cross is remaining within a descending channel pattern, indicating a prevailing bearish bias.
EUR/JPY inches lower after posting modest gains in the previous day, trading around 176.70 during Asian hours on Tuesday. The technical analysis of the daily chart suggests that the currency cross is remaining within a descending channel pattern, indicating a prevailing bearish bias.
EUR/JPY gains ground after recovering recent losses from the previous trading day, hovering around 176.40 during Asian hours on Monday. Based on the technical analysis of the daily chart's descending channel pattern, the currency cross maintains a clear bearish bias.
The Euro (EUR) extends gains for the third consecutive day against the Japanese Yen (JPY) on Friday, as investors ponder the cautious tone of the Bank of Japan’s (BoJ) monetary policy statement.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.