
EUR/USD, EUR/JPY: Hawkish Fed Weighs on Euro as Yen Bulls Struggle
Hawkish Fed bets weigh on EUR/USD as ECB caution grows, while EUR/JPY's bullish wedge breakout keeps 181.50 in focus despite broader downside risks.
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Hawkish Fed bets weigh on EUR/USD as ECB caution grows, while EUR/JPY's bullish wedge breakout keeps 181.50 in focus despite broader downside risks.

The Japanese yen starts the week mixed, with EUR/JPY and GBP/JPY showing bullish potential while USD/JPY remains stuck in a rut.

Yen weakness drives USD/JPY and EUR/JPY higher despite intervention risks, with traders eyeing 160 and 180 as US midterm results emerge.

Major forex pairs lack conviction, but FX crosses may offer better opportunities. Matt Simpson examines forex, gold and crude oil markets.

USD/JPY stalls at resistance as EUR/JPY forms a falling wedge. Fed, ECB and BOJ rate expectations could determine the yen's next move.

USD/JPY technical analysis shows an intact long-term uptrend, while EUR/JPY sits at oversold extremes last seen in 2024 on French debt uncertainty.

USD/JPY and EUR/JPY are flashing daily oversold momentum signals not seen since 2024, raising the risk of a near-term reversal ahead of the U.S. CPI report and Federal Reserve policy decision.

EUR/USD flashes reversal signals after a powerful move higher, just as markets wait for Scott Bessent to provide more detail on how he plans to take pressure off the long end of the US curve.

The intervention may have delivered a sharp reversal, but the forces that drove USD/JPY higher haven't gone away. Until they do, betting against the broader trend remains a risky proposition.

EUR/USD pushed a fresh monthly high, but EUR/JPY broke down to a fresh monthly low, highlighting the dominating factor pushing FX markets with the USD/JPY carry trade reversal.

EUR/USD rebounds from 1.15, EUR/JPY stalls below 186 and EUR/AUD eyes fresh gains after a bullish range expansion.

EUR/USD faces downside risk, EUR/JPY tests key resistance near 186, while EUR/AUD shows signs of a bullish reversal from long-term support.

EUR/USD has tracked yields, equities and crude almost perfectly over the past week, yet the price still can’t convincingly break higher. EUR/JPY faces a similar battle with intervention fears looming overhead.
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