EUR/JPY extends gains on Ukraine peace hopes, nears YTD highs at 186.88
EUR/JPY Price Forecast: Eyes upper ascending channel boundary near 186.50
EUR/JPY Price Forecast: Rebounds above 185.00 toward upper ascending channel boundary
EUR/JPY advances above 185.00 as fiscal expansion pressures Japanese Yen
EUR/JPY Price Forecast: Trades near 185.00 after pulling back from upper channel boundary
EUR/JPY trades near 185.00 after losing recent gains
Donald Trump has signalled the US and Iran may be nearing a lasting deal to end the Iran war, posting on Truth Social moments ago that he has agreed to a two-week ceasefire, conditional on Iran reopening the Strait of Hormuz. He also said the US has received a “workable” 10-point proposal from Tehran, adding that almost all key points of contention have already been agreed, with the two-week window intended to finalise the agreement.
EUR/JPY appreciates on Yen weakness, nearing March highs at 184.75
EUR/JPY Price Forecast: Holds steady but maintains bullish bias above 100-day EMA support
EUR/JPY Price Forecast: Eyes triangle top near 185.00 as bullish bias holds
EUR/JPY remains below 184.00 as traders price in BoJ rate hike odds
Intraday forex analysis today, GBPUSD, USDCHF, and EURJPY