EURJPY Price Action and Technical Analysis Overview
Upon comparing Positioning for Euro to JPY on the most recent COT report, we can see large speculators' Euro positioning continues to move.
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Upon comparing Positioning for Euro to JPY on the most recent COT report, we can see large speculators' Euro positioning continues to move.
EUR/JPY bears seems to be lurking round the corner as ECB monetary policy decision loom with key short-term resistance at 158.95
Safe-havens rally as Israel-Hamas war rattles markets Italy 10-year premium over Germany rises towards a 9-month high EUR/JPY appears poised to exit 155-1
EUR/JPY may have caught on late, but it is moving higher with Bund yields in parabolic fashion.
This popular currency pair could be in for a sell-off amid ongoing risk-off trade and given the prospect for intervention from BoJ to deal with the rapidly weakening yen