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EURJPY


Analysis

Volatility returns to normal levels after US election calmness – Volatility Watch

Euro/dollar volatility edged higherVolatility remains low in the commodities spaceStock indices experience average volatility despite selloffEuro/dollar volatility has edged higher, as the dollar continued to gain from Trump’s recent win, pushing the euro/dollar pair to a one-year low. Interestingly, last week's change in Fed Chair Powell’s stance regarding the timing of the next rate cuts did not materially benefit the dollar.
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Technical Analysis – EURJPY correction halts at key support area

EURJPY is hovering around the 100-day SMAEURJPY bears have probably regained the upper handMomentum indicators are mostly mixed at this stageEURJPY is edging lower today, testing the support set by the 100-day simple moving average (SMA) and the 163.37-163.49 area. The rally from the mid-September low stopped at the March 7, 2022 upward trendline, with the 200-day SMA also proving strong resistance.
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Technical Analysis – EURJPY takes a bearish turn

EURJPY moves sideways, but technical signals point to more downsideSupport could come near 162.25; bulls need a break above 165.70EURJPY continued to trade quietly within the 163.00 range for the second consecutive day, but despite the lack of momentum in the price, the technical signals suggest that further downside could be on the horizon.The pair broke below a key short-term support trendline last week and slipped beneath both its 20-day and 200-day simple moving averages (SMAs), signaling t
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Markets return to a low-volatility environment after the US election – Volatility Watch

Euro/dollar volatility has eased aggressivelyVolatility has dropped to monthly low in both gold and silverStock indices experience a significant decline in volatilityEuro/dollar volatility has eased significantly, as market participants have reacted favourably to both the outcome of the US presidential election and the absence of the post-election shenanigans seen in 2020. The dollar has strengthened over the past week with the euro suffering the most.
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Volatility remains high as US voters elect a new president – Volatility Watch

Euro/dollar volatility climbs to a new monthly highVolatility remains very elevated in both gold and silverStock indices experience a jump in volatilityEuro/dollar volatility has climbed to a new 30-day high, as market participants are preparing for the US presidential election and Thursday’s Fed meeting. This heightened volatility is being observed across the FX space, including in the yen pairs.
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Technical Analysis – EURJPY builds base above 200-day SMA

EURJPY attempts to rebound from 50.0% FibonacciFaces rejection at 3-month high but remains positiveMomentum oscillators remain cautiously titled to the upsideEURJPY is still standing above the 200-day simple moving average (SMA) and the 50.0% Fibonacci retracement level of the downward wave from 175.37 to 154.40 at 164.80. The market added more than 7% after the pullback from the 155.15 support level, creating a bullish tendency in the short term.Technically, the MACD is moving above its trigge
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Midweek Technical Look – EURJPY, US 500, Gold

EURJPY tumbles from 3-month high ahead of BoJ policy meetingUS 500 posts notable losses near 5,800Gold slips from all-time high but remains above ascending channel
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Volatility jumps as markets prepare for action-packed period – Volatility Watch

Euro/dollar volatility climbs to a new monthly highVolatility remains very elevated in both gold and silverStock indices continue to experience average volatility Euro/dollar volatility continues to increase, achieving a new 30-day high, as the markets are preparing for Friday’s jobs report, and next week’s US presidential election and the Fed meeting.
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Technical Analysis – EURJPY slightly bullish ahead of key obstacles

EURJPY still consolidating but immediate bias is bullishMajor resistance area lies ahead EURJPY has been trading within a narrow sideways range since early October, but the immediate bias has turned positive over the last couple of sessions. The stochastic oscillator is trending upwards, while the RSI is slightly above its 50 neutral level.The price reached a two-month intra-day peak of 163.65 earlier on Tuesday before pulling back, reflecting a very weak upside momentum.
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Volatility remains elevated in FX space and commodities – Volatility Watch

Euro/dollar volatility reaches new 30-day highVolatility in both gold and silver jumpsStock indices continue to experience average volatilityEuro/dollar volatility has climbed to the highest level of the past month, as the ECB delivered its much-expected rate cut and the discussion about the November Fed meeting is underway. But more importantly, the market is preparing for the November 5 US presidential election.
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Midweek Technical Look – EURJPY, USDCAD, Gold

EURJPY in a wait-and-see mode ahead of ECB's rate decisionUSDCAD looks overbought after fast rally to two-month highGold starts a new bullish wave. Will it hit a new record high?
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Volatility eases slightly as the risk on sentiment lingers – Volatility Watch

Euro/dollar volatility is very close to the last 30 days’ highVolatility in commodities remains elevatedStock indices experience above average volatility Euro/dollar volatility remains very high, close to the highest level of the past month, as the US dollar continues to rally following a series of strong US data and some hawkish Fedspeak. Interestingly, the volatility of yen crosses has crashed across the board, with the yen surrendering another good part of its recent sizeable gains on th
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Technical Analysis – EURJPY posts strong fight with 163.45-164.00 barrier

EURJPY looks neutral in short-term view200-day SMA seems to be another real struggle for bullsMACD and stochastics weaken their momentumEURJPPY has been stuck within a tight range of 162.30 and 163.45, remaining in a broader sideways channel of 155.15-164.00. The pair has been consolidating over the last seven days and needs a further boost for a s
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Technical Analysis – EURJPY moves within consolidation area

EURJPY struggles to drop beneath 38.2% FibonacciMACD and RSI have weak momentumEURJPY has been developing within a trading range of 155.15-164.00 over the last couple of months, with strong resistance coming from the 200-day simple moving average (SMA) around 164.40.Technically, the RSI is pointing slightly above the neutral threshold of 50; howeve
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Volatility skyrockets across the board after an eventful week – Volatility Watch

Euro/dollar volatility surges to the highest level of the monthVolatility in commodities reaches new monthly highStock indices experience very high volatilityEuro/dollar volatility has reached the highest level of the past 30 days, as the FX market was rocked by the strong US labour market report, denting the possibility of another 50bps Fed rate cut in November.
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Volatility jumps as market prepares for an action-packed week – Volatility Watch

Euro/dollar volatility surges as dollar remains on the back footVolatility in commodities reaches new monthly high, led by oilStock indices experience strong volatility amidst a tentative rallyEuro/dollar volatility has jumped over the past week, as the FX market is whipsawed by the possibility of another strong Fed rate cut. Similarly, volatility of most yen crosses has risen aggressively, with the yen surrendering part of its recent sizeable gains on the back of weaker data and a general el
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EURJPY trades within 159.30-161.20 range200-day SMA looks strong resistanceMACD and RSI point upEURJPY is hovering within the 23.6% Fibonacci retracement level of the down leg 175.37-145.40 and the 161.20 resistance over the last couple of days. Noteworthy that the market overcame the short-term descending trend line, adding some optimism of more bullish moves.According to momentum oscillators, the RSI is sloping marginally up near the neutral threshold of 50, while the MACD is extending its mov
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Volatility drops across the board after the Fed meeting – Volatility Watch

Euro/dollar volatility remains low as dollar underperforms Volatility in commodities stays elevated, led by gold Stock indices experience decent volatility despite the rally Euro/dollar volatility has eased a bit over the past week, as the market digested the strong Fed rate cut. Similarly, volatility of most yen crosses has dropped aggressively lower, as the yen surrendered part of its recent sizeable gains, despite the fact that the BoJ maintained the chances of another rate
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Volatility eases a bit ahead of the key Fed meeting – Volatility Watch

Euro/dollar volatility remains low as dollar weakness lingers Volatility in commodities stays elevated led by silver Stock indices and bitcoin experience lower volatility Euro/dollar volatility remains low as the market is preparing for the key Fed meeting on Wednesday that could deliver a previously unexpected 50bps rate cut. Amidst these conditions, yen pairs are experiencing the highest volatility of the past month as the yen continues to outperform its main counterparties on
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Technical Analysis – EURJPY seems to have found a floor

EURJPY rebounds off 155.15 Immediate resistance at downtrend line RSI and MACD look negative EURJPY held losses for the second week in a row, dropping towards the 155.15 support, which stands slightly above the more-than-seven-month low. Technically, the price could lose some ground in the short term as the RSI is changing direction to the downside and towards its 30 mark, while the MACD is still standing beneath its trigger and zero lines.
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