EUR/JPY reached a new YTD high of 160.85, closing Tuesday’s session with gains of over 1.32%. The uptrend remains intact, with the potential to test multi-year high of 169.97. Key resistance levels include the April 2008 high at 164.97 and the 2008 highs. On the downside, support levels are at 160.00, followed by the Tenkan-Sen at 159.27 and the 159.00 mark. 32% or 200 pips post the Bank of Japan’s (BoJ) decision to keep its ultra-loose monetary policy.
Conversely, the EUR/JPY first support would be the 160.00 mark. Once cleared, the next support would be the Tenkan-Sen at 159.27, followed by the 159.00 mark. If sellers push prices lower, the next support would be the Senkou Span A at 158.43 before tripping towards 158.00. EUR/JPY Price Action – Daily chart EUR/JPY Technical Levels EUR/JPY Overview Today last price 160.38 Today Daily Change 2.24 Today Daily Change % 1.42 Today daily open 158.14 Trends Daily SMA20 157.94 Daily SMA50 157.
EUR/JPY Price Analysis: Upside capped by 160.00EUR/JPY reverses Friday’s marked pullback and clings to daily gains just above the 158. Read more ⮕
EUR/JPY Price Analysis: Next on the upside comes 170.00EUR/JPY jumps to new YTD peaks well north of the 160.00 hurdle on Tuesday, an area last traded in late August 2008. Read more ⮕
BONE of Shiba Inu Aims for 160% Growth as Price Chart Hints at Familiar PatternShiba Inu’s BONE token is gearing up for potential 160% surge, as historical data and bullish chart patterns signal Read more ⮕
Silver Price Analysis: XAG/USD price retreats below $23.00 as double-top loomsSilver price trips down and aims below the $23.00 mark, which was briefly visited by the grey metal and capped by a strong recovery from the Greenback. Read more ⮕
Flesh-eating ‘killer’ lampreys that lived 160 million years ago unearthed in ChinaSascha is a U.K.-based trainee staff writer at Live Science. She holds a bachelor’s degree in biology from the University of Southampton in England and a master’s degree in science communication from Imperial College London. Her work has appeared in The Guardian and the health website Zoe. Read more ⮕
This 160-million-year-old fish gouged out its victims’ fleshNewly discovered species of ancient lampreys, eel-like swimmers with sharp suction cups for mouths, are helping scientists reconstruct the evolutionary history of these slithery parasites. Read more ⮕