EUR/JPY's accelerated decline and break of 183.17 minor support should confirm rejection by 184.75 resistance. Intraday bias is back on the downside for 181.85 support.
EUR/JPY Price Forecast: Falls to near 183.50 near 50-day EMA
EUR/JPY falls to near 184.00 as BoJ Ueda's comments lift Japanese Yen
EUR/JPY Price Forecast: Remains above 184.00 as buying pressure rises
EUR/JPY remains subdued near 184.00 due to rising BoJ rate hike bets
EUR/JPY Price Forecast: Holds gains above confluence around 184.00
EUR/JPY is coiling just beneath recent highs after more than a month of compression, with the technical structure and market reaction function pointing to upside risk. Traders continue to latch onto even small pieces of positive news related to the Iran conflict while fading negative developments, leaving directional risks skewed towards a bullish breakout.
EUR/JPY holds as Eurozone PMI weakens and Japanese inflation softens
EUR/JPY Price Forecast: Softens below 184.00 on Middle East tensions but holds above key 100-day EMA
EUR/JPY holds as Yen firms on BoJ outlook and intervention risks
EUR/JPY rebounds from lows as Trump signals easing tensions in the Middle East
EUR/JPY declines to near 184.00 on Middle East conflict escalation