18.03.202509:01 Forex Analysis & Reviews: Technical Analysis of Intraday Price Movement of EUR/JPY Cross Currency Pairs, Tuesday March 18, 2025

Tieto informácie poskytujeme retailovým a profesionálnym klientom ako súčasť marketingovej komunikácie. Neobsahujú investičné poradenstvo, investičné odporúčania, ponuku ani výzvu na vykonanie transakcie alebo použitie stratégie na finančných nástrojoch a ani by sa tak nemalo s nimi zaobchádzať. Minulá výkonnosť nie je zárukou ani predikciou budúceho výkonu. Spoločnosť Instant Trading EU Ltd. neručí a nepreberá žiadnu zodpovednosť za správnosť a úplnosť poskytovaných informácií ani za stratu, ktorá by vyplynula z akejkoľvek investície založenej na analýze, predpovedi alebo iných informáciách poskytnutých zamestnancom spoločnosti alebo iným spôsobom. Celé vylúčenie zodpovednosti nájdete tu.

If we look at the 4-hour chart, the EUR/JPY cross currency pair appears to be moving harmoniously in the Bullish Pitchfork channel, which indicates that the bias of EUR/JPY is still in a Bullish condition. This is also confirmed by its price movement which is moving above the SMA (50) and also the appearance of Convergence between the EUR/JPY price movement and the Stochastic Oscillator indicator so that based on these facts, EUR/JPY in the near future has the potential to continue its strengthening to the level of 163.64 as its main target and if the momentum of strengthening and volatility support it, EUR/JPY will head to the level of 164.30, but if on its way to the targets, there is suddenly a significant correction, especially if it breaks through and closes below the level of 161.12, then all the strengthening setups that have been described previously will be canceled by themselves and become invalid.

(Disclaimer)

Back to the list

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.