XM does not provide services to residents of the United States of America.

XM does not provide services to residents of the United States of America.
E
E

EURJPY

XM Research

XM Research - 2 days agoBullish

Technical Analysis – EURJPY sails in uncharted waters

EURJPY advances above 32-year high Fears of a Japanese intervention increase Oscillators point to overbought conditions EURJPY has been in an uptrend since the beginning of the year, storming to consecutive multi-year highs. Despite a strong pullback following a currency intervention from Japan in late April, the market has been steadily moving higher above levels that the Japanese authorities were willing to protect.
E
XM Research - 2 days ago

Yen volatility remains high as equities appear calmer – Volatility Watch

Euro/dollar volatility jumps after French elections Volatility in commodities eases, apart from oil Stock indices’ volatility falls ahead of key data releases Euro/dollar volatility has eased over the past week as the market is breathing slightly easier following Sunday’s French elections result. On the flip side, volatility in yen crosses remains extremely high as market participants continue to provoke the BoJ by pushing dollar/yen above the level that led to the end-April
G
U
U
E
G
G
E
E
U
G
S
J
XM Research - 1 week agoBullish

Technical Analysis – EURJPY builds base slightly near 40-year high

EURJPY stands well above uptrend line RSI flattens but MACD strengthens its momentum EURJPY has rebounded off the long-term ascending trend line near 167.70, sending the market above the previous peak of 170.80. A successful jump above the 40-year high of 171.56 could help the pair to surge towards the next round numbers such as 172.00 and 173.00. According to the technical oscillators, the RSI is flattening above the neutral threshold of 50, while the MACD is extending its posit
E
XM Research - 1 week ago

Besides commodities, volatility is heightened across the board - Volatility Watch

Yen crosses are very volatile as they approach intervention levels Volatility is extremely low in the commodity sphere US and global equities exhibit volatility jump, Bitcoin follows suit Volatility in yen pairs has been elevated for the past few days as they have been trading within breathing distance from the levels that Japanese authorities were willing to defend in the recent past.
G
U
U
U
E
O
G
G
E
E
U
G
S
J
XM Research - 2 weeks ago

Volatility skyrockets in FX and stock markets - Volatility Watch

Euro and pound pairs are very volatile but for different reasons Volatility is extremely low in the commodity sphere US and global equities exhibit volatility jump, Bitcoin seems quiet Volatility in euro crosses has picked up as the region suffers from political instability following the EU elections and fears of a renewed debt crisis.
G
U
U
U
E
O
G
G
E
E
U
G
S
J
XM Research - 3 weeks ago

Midweek Technical Look – Gold, GBPUSD, EURJPY

Gold trims gains after FOMC rate decision; at risk of bearish trend reversal below 2,290 GBPUSD closes below 1.2800 barrier despite hitting 3-month high EURJPY exhibits favorable attitude; next resistance at 170.78
G
G
E
XM Research - 3 weeks agoNeutral

Technical Analysis – EURJPY trades sideways ahead of key events

EURJPY is hovering below the recent 171.56 high Yen failed to benefit from Monday’s euro weakness Momentum indicators point to weakening bullish pressure EURJPY is trading sideways today as the yen has failed to benefit from the euro’s weakness following Sunday’s European parliamentary election results. The pair is still hovering close to its recent 171.56 high with Japanese officials probably feeling a bit more relaxed compared to the end-April market pressure.  This week
E
XM Research - 3 weeks ago

Volatility surges across the board – Volatility Watch

Forex pairs are very volatile after strong NFP report Volatility in gold and silver ticks up, oil swims in calm waters US equities exhibit volatility jump amid correction fears Volatility in dollar crosses has picked up as the stronger-than-expected NFP report dialed back rate cut expectations, while investors are bracing for the FOMC meeting and the CPI print later this week. Euro pairs are in a similar position after the EU elections sparked a wave of politically instabili
G
U
U
U
E
O
G
G
E
E
U
G
S
J
XM Research - 4 weeks ago

Volatility ticks up in commodity and stock markets – Volatility Watch

Forex pairs in a quiet mood despite upcoming rate decisions Volatility in oil skyrockets, gold swims in calm waters US equities exhibit volatility jump as they ease from record highs Euro/dollar and euro/pound volatilities have been in the middle of their 30-day range, even though markets are bracing for the first interest rate cut by the ECB since 2016 on its Thursday meeting.
G
U
U
E
O
G
G
E
U
G
S
XM Research - 4 weeks agoBullish

Technical Analysis – EURJPY pulls back from 170.80

EURJPY seems neutral in very short-term RSI and MACD indicate bearish correction EURJPY could not find enough buyers to expand its bullish move above the 170.80 immediate resistance but it has still been developing well above the long-term rising trend line, which has been drawn since December 12. The question now is whether the pair will stay resilient above the 169.00 key region.
E
XM Research - 1 month ago

Midweek Technical Look - GBPUSD, EURJPY, Oil

GBPUSD corrects lower but holds within a bullish channel ahead of US core PCE inflation EURJPY slides below 170 as the focus turns to EZ flash CPI inflation WTI oil futures erase some gains as OPEC+ meeting awaited on Sunday
O
G
E
XM Research - 1 month ago

Market Comment – Dollar trades sideways as focus turns to US yields

US stock indices under pressure as yields climb German CPI could dictate next week’s ECB rhetoric Yen underperformance lingers; all eyes on Friday’s Tokyo CPI Dollar rallied on Tuesday, US stock indices were mixed Following a couple of negative sessions, the US dollar showed its strength yesterday as it managed to outperform the euro.
U
U
E
E
G
A
XM Research - 1 month ago

Low volatility across the board besides Bitcoin – Volatility Watch

Forex pairs in a relatively quiet mood Volatility in Bitcoin and silver skyrockets US equities enjoy low volatility despite rally to record highs Euro/dollar volatility has dropped aggressively over the past week as markets are bracing for inflation data both from the US and Eurozone this week. Similarly, volatility in yen crosses remains muted even though the Japanese currency is trading near historical lows against its major peers, while the latest downbeat inflation data out
G
U
U
E
O
G
G
E
E
U
G
S
J
XM Research - 1 month agoBullish

Technical Analysis – EURJPY advances towards 40-year high

EURJPY is in a steady uptrend, threatening multi-year peak But oscillators point to overbought conditions EURJPY has been in a steady advance since the beginning of May following its bounce off the long-term ascending trendline. However, the risk of a pullback has increased as the price is approaching its 40-year high of 171.56 given that momentum indicators are flashing overbought conditions.
E
XM Research - 1 month ago

Commodities' volatility jumps due to geopolitics – Volatility Watch

Euro/dollar volatility eases aggressively Volatility in gold and silver skyrockets US equities enjoy low volatility amidst weekly gains Euro/dollar volatility has dropped aggressively as the market is adjusting to a quieter data calendar that nevertheless includes a plethora of Fed speakers. Similarly, volatility in yen crosses remains moderate as market participants, especially in dollar/yen, appear unwilling to further provoke the BoJ and risk significant losses.
G
U
U
B
E
G
G
E
E
U
G
S
J
XM Research - 1 month agoBullish

Technical Analysis – EURJPY shows appetite for retesting 40-year high

EURJPY holds well above uptrend line RSI stands near 70 level Next target at multi-year peak EURJPY is rallying sharply higher after the strong bounce off the 164.00 support level and the medium-term ascending trend line. The pair is heading towards the previous 40-year high of 171.56 with the technical oscillators confirming the buying interest.
E
XM Research - 2 months ago

Higher euro/dollar volatility ahead of US CPI report – Volatility Watch

Euro/dollar enjoys strong volatility ahead of key data releases Gold and silver see higher volatility amidst muted price rally Volatility drops in US equities as risk appetite returns Euro/dollar volatility has jumped higher as the market is preparing for some key US data prints. On the flip side, volatility in yen crosses remains moderate after the recent Japanese interventions, with market participants trying to avoid further provoking the BoJ at this stage.
G
U
U
B
E
G
G
E
E
U
G
S
J
XM Research - 2 months agoBullish

Technical Analysis – EURJPY’s relentless rise continues

EURJPY in the green for the seventh consecutive trading day Bulls aim for April’s multi-year highs, but they might run out of steam soon   For the past week, EURJPY has been experiencing a non-stop upward movement, currently targeting April’s bar of 169.27, which proved tough to claim despite the flash spike to a 40-year high of 171.56. Having jumped back above January’s upward-sloping channel, the pair might retain buying interest in the coming sessions.
E
XM Research - 2 months agoBullish

Technical Analysis – EURJPY flirts with 167.00 again

EURJPY recoups previous losses Rebounds off ascending trend line Surpasses short-term SMAs Oscillators gain momentum EURJPY is flirting with the 167.00 round number after the bounce off the long-term rising trend line and the 164.00 handle. The pair has been developing within an upward tendency since the beginning of December with no violations of the uptrend line.
E
XM Research - 2 months ago

Besides yen pairs, neutral volatility across the board ahead of Fed and NFP – Volatility Watch

Japan’s intervention spurs volatility in yen pairs, usual action elsewhere in FX market Commodities enjoy lower volatility as geopolitical tensions subside Equities at neutral volatility levels during earnings season, Bitcoin volatility picks up Volatility in yen crosses has exploded on the back of a suspected Japanese intervention. Moreover, apart from dollar/yen, other dollar pairs are trading in the middle of their volatility range ahead of the Fed decision on Wednesday and
G
U
U
U
B
E
O
G
G
E
E
U
G
S

Conditions

Popular Assets

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.