– EURJPY reversed from key support level 158.40
– Likely to rise to resistance level 162.00
EURJPY currency pair recently reversed up from the key support level 158.40 (former resistance from last month, acting as the support after it was broken).
The support level 158.40 was strengthened by the 38.2% Fibonacci correction of the previous sharp upward impulse from December.
Given the strong daily uptrend and widespread euro optimism, EURJPY can be expected to rise further to the next resistance level 162.00.
Dow Jones: ⬇️ Sell - Dow Jones reversed from resistance level 49000.00 - Likely to fall…
Comcast: ⬆️ Buy - Comcast broke resistance area - Likely to rise to resistance level 31.00…
Platinum: ⬆️ Buy - Platinum broke resistance level 1800.00 - Likely to rise to resistance…
Silver: ⬆️ Buy - Silver broke resistance zone - Likely to rise to resistance level…
The Fed is in no hurry to cut rates, and Hassett is unlikely to accelerate…
Crypto market faces renewed downward pressure; Bitcoin may drop further, with diverging forecasts for 2026…
This website uses cookies