- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- EUR/JPY Price Analysis: Euro bulls eye an upside consolidation break, 140.00 looks likely
EUR/JPY Price Analysis: Euro bulls eye an upside consolidation break, 140.00 looks likely
- EUR/JPY consolidates in the range of 136.50-138.00 from the last two trading weeks.
- Momentum oscillator, RSI seeks a trigger for a decisive move.
- The 200-EMA is modestly advancing higher but lacks conviction.
The EUR/JPY pair has surrendered half of its gains recorded in the first two hours of the early Asian session. Earlier, the cross has struggled to sustain above the round level figure of 138.00 but firmer price action at the upper boundary of the consolidation is underpinning euro bulls.
On an hourly scale, the consolidation phase is ongoing after a strong upside move from April 27 low at 134.78. The consolidation zone is marked from April 28 high at 138.00 to April 29 low at 136.50. The asset prices are overlapping to 20-period Exponential Moving Average (EMA) at 137.66, which signals a consolidation ahead. However, the 200-EMA at 137.20 is scaling modestly higher.
Meanwhile, the Relative Strength Index (RSI) is oscillating in a range of 40.00-60.00 for a longer period, which seeks a trigger for a decisive move.
Should the asset overstep the previous week’s high at 138.16, euro bulls will gain momentum and will drive the asset towards the April 21 low at 138.81. A breach of the latter will send the asset towards the psychological level resistance of 140.00
On the flip side, yen bulls could dictate the asset if it tumbles below April 29 low at 136.50. This will drag the asset towards April 28 low at 135.44, followed by April 27 low at 134.78.
EUR/JPY hourly chart
-637876489507697860.png)
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
