EUR/JPY Hits Its Most Oversold Since 2024 on French Debt
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.
EUR JPY
Stay in step with market opportunities and get insights, actionable trade ideas and dedicated support.
USD/JPY, EUR/JPY Forecast: Oversold Momentum Tests 2024 Lows
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 warning ahead of Bessent plan
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.
USD/JPY intervention changes little as yen headwinds remain
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.
Euro Technical Forecast: EUR/USD Fresh Highs, EUR/JPY Fresh Lows
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.
Euro Technical Analysis: EUR/USD, EUR/JPY, EUR/AUD
EUR/USD rebounds from 1.15, EUR/JPY stalls below 186 and EUR/AUD eyes fresh gains after a bullish range expansion.
Euro Technical Analysis: EUR/USD, EUR/JPY, EUR/AUD
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 stalls despite tailwinds as intervention fears cap EUR/JPY upside
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.
EUR/JPY Forecast: Bulls Circle as BOJ Decision Looms
With EUR/JPY threatening a bullish breakout and BOJ decision fast approaching, traders face a mix of technical opportunity and major event risk.
Euro Weekly Forecast into ECB: EUR/USD, EUR/JPY
Next week brings the European Central Bank rate decision and the big question is whether the bank will be hiking rates in the coming months.
USD/JPY Angles Towards 160.00 as EUR/JPY, GBP/JPY Grasp Supports
Even with the US Dollar getting hit in early-Q2 trade USD/JPY held up remarkably well, retaining support around the 158.00 handle through a few different tests. Meanwhile strong breakouts took hold in EUR/JPY and GBP/JPY and Yen bears don’t look finished yet.
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/JPY, EUR/JPY, GBP/JPY
The US Dollar has dropped to re-test the support that was resistance for the ascending triangle formation in February, fueled by massive rallies in EUR/USD and GBP/USD. Despite this USD weakness USD/JPY has held quite well, highlighting massive bullish moves in both EUR/JPY and GBP/JPY.
Japanese Yen Technical Analysis: USD/JPY, EUR/JPY ATH, GBP/JPY 215
USD/JPY has continued to flirt with the 160.00 handle but with DXY drawing back, both the Euro and British Pound have been able to take advantage of relative weakness in the Japanese Yen.
This report is intended for general circulation only. It should not be construed as a recommendation, or an offer (or solicitation of an offer) to buy or sell any financial products. The information provided does not take into account your specific investment objectives, financial situation or particular needs. Before you act on any recommendation that may be contained in this report, independent advice ought to be sought from a financial adviser regarding the suitability of the investment product, taking into account your specific investment objectives, financial situation or particular needs.
StoneX Financial Pte. Ltd., may distribute reports produced by its respective foreign entities or affiliates within the StoneX group of companies or third parties pursuant to an arrangement under Regulation 32C of the Financial Advisers Regulations. Where the report is distributed to a person in Singapore who is not an accredited investor, expert investor or an institutional investor (as defined in the Securities Futures Act), StoneX Financial Pte. Ltd. accepts legal responsibility to such persons for the contents of the report only to the extent required by law. Singapore recipients should contact StoneX Financial Pte. Ltd. at 6826 9988 for matters arising from, or in connection with the report.
In the case of all other recipients of this report, to the extent permitted by applicable laws and regulations neither StoneX Financial Pte. Ltd. nor its associated companies will be responsible or liable for any loss or damage incurred arising out of, or in connection with, any use of the information contained in this report and all such liability is hereby expressly disclaimed. No representation or warranty is made, express or implied, that the content of this report is complete or accurate.
StoneX Financial Pte. Ltd. is not under any obligation to update this report.
Trading CFDs carries a high level of risk that may not be suitable for some investors. Consider your investment objectives, level of experience, financial resources, risk appetite and other relevant circumstances carefully. The possibility exists that you could lose some or all of your investments, including your initial deposits. If in doubt, please seek independent expert advice. Visit www.forex.com/en-sg/terms-and-policies for the complete Risk Disclosure Statement.