EURJPY lost 12% from multi-year high Short-term bias skewed to the upside, but caution needed EURJPY remains under pressure, and risk is still on the downside as prices continue to drift lower after the failure attempt to climb beyond the 200-day simple moving average (SMA) at 164.00. In the bigger picture, EURJPY has lost around 12% from the multi-year high of 157.37 to the seven-month low of 154.40. Prices rebounded off the 160.35 support level, but based on technical oscillators,

Besides EUR/USD, FX volatility subsides as markets digest rate path repricing Volatility in precious metals is still high, but oil enters calmer waters Stock indices and Bitcoin volatility at their bottom of their 30-day range Recession concerns from a weaker-than-expected July NFP report have been fading, though they led to notable adjustments in expectations about major central banks' interest rate paths. This week, investors are focused on Jerome Powell's Jackson H

EURJPY recovers from its 2024 low posted on August 6 But the rebound stumbles before testing 200-day SMA Oscillators are skewed to the downside   EURJPY experienced a vast selloff in July, dropping from a 32-year peak of 175.41 to as low as 154.34 on August 6, which is also the pair’s 2024 bottom. Since then, the pair has been in a recovery mode, but its rebound seems to have paused for now ahead of the 200-day simple moving average (SMA).

EURJPY is extending its rebound from 8-month lows But is there enough momentum to stretch the gains further? EURJPY is rising for a third straight session, extending the rebound from the August 5 low of 154.38 towards the 38.2% Fibonacci retracement of the July-August slide. The 38.2% Fibonacci of 162.41 has seen some congestion in the past so overcoming it might not be so easy.

FX volatility smoothens a little bit as markets digest rate path repricing Volatility in commodities still high amid resurgence of geopolitical tensions Stock indices and Bitcoin still volatile while traders unwind bearish bets  Recession concerns from a weaker-than-expected NFP report two weeks ago have been fading, though they led to notable adjustments in expectations about major central banks' interest rate paths.

EURJPY is hovering around the 159.64 level It is trading around 9% lower from its recent high Momentum indicators are mixed, all eyes on stochastics EURJPY is trading lower today, close to the 159.64 level and considerably above the August 5 low of 154.38. The market is clearly trying to find its footing following the recent rout that was triggered by the bigger-than-expected rate hike by the BoJ and fears about an imminent US recession.

Euro/dollar volatility skyrockets as recession fears resurface Volatility in commodities jumps as geopolitics takes centre stage Stock indices experience much stronger volatility, decoupling from Bitcoin Volatility in the main FX pairs, including euro/dollar, jumped to the highest level of the past month as fears of recession, on the back of last Friday’s weak US labour market report, resulted in the market pricing in an aggressive easing path for most central banks during 2024.

Yen crosses are very volatile after BoJ hike aids yen's recovery Volatility in commodity sphere jumps amid geopolitical flare ups Global stock indices in turbulent waters but for different reasons   Volatility in yen crosses has increased considerably as the latest interest rate hike by the BoJ has added more fuel to the yen’s recovery from multi-year lows against major peers.

EURJPY remains resilient above pivotal territory Some recovery likely, but short-term risk not bullish yet Eurozone Q2 GDP growth +0.3% q/q vs +0.2% q/q expected   EURJPY is making another attempt to pierce through the 168.00 level and the support-turned-resistance trendline from February at 168.17. Although previous efforts were fruitless, the pair keeps defending itself above long-term trendlines for the fourth day, and with oversold conditions detected by the technical ind

• Yen crosses are volatile as they retreat from multi-year highs • Volatility in oil and gold surges, Bitcoin follows suit • US equities exhibit higher volatility amid correction fears The euro and dollar pairs maintain low volatility ahead of the US PCE release on Friday and a quiet week on the European data front. On the flipside, volatility in yen crosses has increased considerably as the pairs have been extending their latest pullbacks from multi-year highs.

EURJPY jumped to its highest since January 1992 on July 11 But is trending lower since then due to Japanese intervention Oscillators deteriorate significantly, suggesting bearish bias EURJPY has been in an uptrend since the beginning of the year, storming to a fresh 32-year peak of 175.41. Nevertheless, the pair experienced a pullback following a currency intervention from Japan, with the retreat extending towards the 50-day simple moving average (SMA) and ascending trendline in

EURJPY jumped to its highest since January 1992 last week But corrected lower after suspected Japanese intervention Oscillators weaken but remain above neutral zones EURJPY has been in a steep uptrend since the beginning of the year, storming to consecutive multi-year highs. In the near term, the pair experienced a strong pullback following a suspected currency intervention from Japan last week but already seems on track to erase that latest downward spike.

Euro/dollar volatility remains low despite weekend’s events Volatility in commodities jumps, apart from oil Stock indices experience stronger volatility, decoupling from Bitcoin Euro/dollar volatility remains very low despite last week’s weaker CPI report and the weekend’s gun attack on the Republican Presidential candidate. On the flip side, volatility in yen crosses has increased considerably as the BoJ is rumoured to have intervened last week in dollar/yen, ahead of the

EURJPY struggles to jump above its recent high Momentum oscillators look overstretched EURJPY skyrocketed to a fresh multi-year high of 174.60 in the previous week but is currently hovering slightly below this level, with the technical oscillators suggesting an overstretched market. The RSI is trying to cross the 70 level to the downside, while the MACD is weakening its positive momentum above its trigger and zero lines.

Euro/dollar volatility drops aggressively Volatility in commodities increases a tad, apart from oil S&P 500 and Nikkei 225 indices’ volatility jumps Euro/dollar volatility has eased further over the past week as the market is feeling more relaxed after Le Pen’s far-right party failed spectacularly to win the highest number of seats in the second round of the French parliamentary election.

EURJPY advances above 32-year high Fears of a Japanese intervention increase Oscillators point to overbought conditions EURJPY has been in an uptrend since the beginning of the year, storming to consecutive multi-year highs. Despite a strong pullback following a currency intervention from Japan in late April, the market has been steadily moving higher above levels that the Japanese authorities were willing to protect.

Euro/dollar volatility jumps after French elections Volatility in commodities eases, apart from oil Stock indices’ volatility falls ahead of key data releases Euro/dollar volatility has eased over the past week as the market is breathing slightly easier following Sunday’s French elections result. On the flip side, volatility in yen crosses remains extremely high as market participants continue to provoke the BoJ by pushing dollar/yen above the level that led to the end-April

EURJPY stands well above uptrend line RSI flattens but MACD strengthens its momentum EURJPY has rebounded off the long-term ascending trend line near 167.70, sending the market above the previous peak of 170.80. A successful jump above the 40-year high of 171.56 could help the pair to surge towards the next round numbers such as 172.00 and 173.00. According to the technical oscillators, the RSI is flattening above the neutral threshold of 50, while the MACD is extending its posit

Yen crosses are very volatile as they approach intervention levels Volatility is extremely low in the commodity sphere US and global equities exhibit volatility jump, Bitcoin follows suit Volatility in yen pairs has been elevated for the past few days as they have been trading within breathing distance from the levels that Japanese authorities were willing to defend in the recent past.

Euro and pound pairs are very volatile but for different reasons Volatility is extremely low in the commodity sphere US and global equities exhibit volatility jump, Bitcoin seems quiet Volatility in euro crosses has picked up as the region suffers from political instability following the EU elections and fears of a renewed debt crisis.