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Trading news
23 Jan 2020

EUR/JPY Price Analysis: Extra pullbacks could test the 200-day SMA

  • The leg lower in EUR/JPY could reach 120.84.
  • Extra losses are expected below the 200-day SMA.

EUR/JPY has resumed the downside on Thursday and aims for a potential visit to the 55-day SMA just above 121.00 the figure.

In case sellers regain control, there are no supports of significance until the key 200-day SMA, today at 120.84.

Below this area, the negative outlook should be reinstated in the cross.

EUR/JPY daily chart

 

Jan 23, 2020

USD/INR Price Analysis: Bulls eyeing a move beyond 100-DMA hurdle, around 71.30

The USD/INR cross regained some positive traction on Thursday, with bulls making a fresh attempt to build on the momentum beyond the 71.30 region – 10
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Jan 23, 2020

Norges Bank Review: As expected, unchanged rates and little news – Danske Bank

Analysts at Danske Bank offered a quick review of Thursday’s Norges Bank policy decision to leave the key rate unchanged at 1.50%, broadly in line wit
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