EUR/JPY Price Analysis: Fails to stay above 157.00 as strong resistance emerged

BY admin admin

The EUR/JPY cross pair retraces from daily highs reached earlier at around 157.48 and tumbled below the 157.00 figure as market participants get ready for the central bank bonanza, starting with the US Federal Reserve on Wednesday.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

Silver Price Analysis: XAG/USD edges lower following lower Jobless Claims

In Thursday's session, Silver price (XAG/USD) continued declining and tallied a third consecutive day of losses, falling to $23.75.

Forex

US jobs were much stronger, sending the US dollar higher. What are the technicals saying?

<p>The strong US jobs report has sent the US dollar sharply higher. What are the technicals saying: </p><p>For the EURUSD, the price is that they are testing its swing area down to 1

Forex

Could the FED stop Dollar’s plummet?

<p><strong>The USDIndex </strong><strong>posted a fresh 32-month year low</strong> at 90.93. The index is amid its third consecutive down week, and the Dollar has decline

Copyright © 2024 | WordPress Theme: Xews Lite