EURJPY is currently tackling the 50-day simple moving average (SMA) and the downtrend line drawn from January 16, after buyers resurfaced last week pivoting the price at the lower Bollinger band around 116.89. The pick-up in positive momentum is also reflected in the short-term oscillators. The MACD, in the negative zone, has moved above its […]

EURJPY is currently tackling the 50-day simple moving average (SMA) and the downtrend line drawn from January 16, after buyers resurfaced last week pivoting the price at the lower Bollinger band around 116.89. The pick-up in positive momentum is also reflected in the short-term oscillators. The MACD, in the negative zone, has moved above its […]