EUR/JPY looking for some lift ahead of German PPI, EU ZEW data

EUR/JPY relatively flat on thin Monday markets. German PPI, EU Sentiment on the docket today. EUR/JPY is trading upwards to kick off the Tokyo trading session, testing testerday's high of 132.37 as of writing. The pair experienced a sedate Monday, with Chinese institutions closed for th ...

EUR/JPY flirting with tops near 132.30

Cross found support around 131.80. JPY remains offered so far. Thin trade conditions due to holiday in US. The selling bias around the Japanese safe haven currency has resumed at the beginning of the week and is now helping EUR/JPY to clinch daily highs in the 132.30 area on Monday. EUR/JP ...

EUR/JPY lifting on quiet markets, but bearish pressure still heavy

EUR/JPY up on thin Chinese holiday markets. Pair still trading near the bottom in bearish action. EUR/JPY is lifting in Tokyo trading, testing the waters around the 132.00 handle in quiet markets, with Chinese banks off for the first half of the week to celebrate Chinese New Year. The Ye ...

EUR/JPY keeps the red near 132.50

Cross remains in 3-month lows. EUR-weakness helping on the downside. Lower USD/JPY weighing on the down move. The now selling pressure around the European currency is collaborating with the drop in EUR/JPY to fresh multi-month lows in the 132.50 region. EUR/JPY in 3-month lows The cross i ...

EUR/JPY down in Tokyo, BoJ Kuroda endorsed for second term

EUR/JPY down, Yen climbing on Kuroda renomination. Testing lower bound of recent consolidation. EUR/JPY is down in Tokyo trading, and is testing 132.60 as of writing.  The Yen is resuming its climb up the charts following the news that Bank of Japan Governor Haruhiko Kuroda has bee ...

EUR/JPY pushing back up in Tokyo trading

  EUR/JPY is choppy in Asia, but volatility is picking up at the Tokyo market open, currently trading near 132.80. The pair had a restrained Thursday, ending the day down about 50 pips from where it started; EUR/JPY has been stepping lower in bursts followed by retracements as the Bank o ...

EUR/JPY rises back to ¥133.00 as the market mood improves

The EUR/JPY has recovered from the lows and is trading around ¥133.00, near the highs of the day. An advance in US stocks has eased the demand for the Japanese yen. The EUR/JPY has risen from the lows of ¥132.51 to top the ¥133.00 level in the American afternoon ...

EUR/JPY trading back up but still lower on the day following risk aversion

EUR/JPY coming back after risk aversion cooled markets. EU GDP data at 10:00 GMT EUR/JPY is trading back up but still lower on the day, currently testing near 132.65 ahead of European markets. The Euro slid against the Yen in early Tokyo trading as a brisk round of risk aversion sent the Yen u ...

EUR/JPY: bulls can’t get above the descending 50-hr SMA

EUR/JPY: stabilising below the 50-hr SMA EUR/JPY: global stock prices are key. EUR/JPY is stabilising below the 50-hr SMA at 133.19. Currently, EUR/JPY is trading at 132.98, down -0.40% on the day, having posted a daily high at 133.82 and low at 132.52. Funda and political news wrap, th ...

EUR/JPY – Is bearish MA cross capping the upside?

EUR/JPY upside being capped due to 5-day MA and 100-day MA bearish crossover.  Cross is not impressed by 400 point rally in Dow.  EUR/JPY is mildly bid in Asia but is having a tough time holding on to gains above the 133.59 (100-day moving average).  The daily chart shows ...

EUR/JPY continues to stumble lower, now searching for 133.00

EUR/JPY sliding again as markets retreat. Yen gaining across the board on positive US data. EUR/JPY couldn't stand up to the pressure and fell again against the Yen yesterday, currently trading near 133.10 in the overnight session and continuing to sink.  Equities are down and the Ye ...

EUR/JPY finds the floor after declining, halts near 134.20

EUR/JPY finding some support in Asia, bidding up following yesterday's decline. German trade data at 07:00 GMT could give the Euro something to trade about. EUR/JPY is finding a small bump in Asia trading, up to 134.20 on light volume.  The pair is currently rebounding afte ...

EUR/JPY stays in red around 135.00

Cross comes up after testing 134.60. JPY remains bid amidst high volatility. EUR extends the downside. After bottoming out in the 134.60 region, EUR/JPY is now attempting to regain the 135.00 handle and above. EUR/JPY rebounds from 134.00 The cross is fading part of Tuesday’s advance ...

EUR/JPY correction running out of steam around 200 4hr SMA?

EUR/JPY holding key support area in the main of 134.02. EUR/JPY bulls looking for vol to stablise and a better performance on Wall Street.  EUR/JPY is consolidating the bid in the yen that has picked dup safe-haven demand in recent sessions. Currently, EUR/JPY is trading at 135.21, dow ...