trading below the 20- and 40-simple. Furthermore, the EUR/JPY pair is trading above the 20- and 40-simple moving averages. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. The price found significant obstacle near the 200-SMA, dropping beneath the ascending channel to challenge the. EUR/JPY is trading slightly lower in the 4-hour chart on Wednesday after finding resistance at the 125.00 psychological level, which is currently near the upper Bollinger Band.

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Technically, the bearish sentiment could grow further in the. The price is also above its shorter-term moving averages (20- and 50-day Mas) and is set to cross above the. These pages, and all content m Inc and other copyright holders. Risk Warning : Forex forex natomy thalamus trading and margin contracts (CFD) may involve a high degree of risk and may not be suitable for all investors. Japans macroeconomic data released during the Fridays trading session was good for the most part, but that did not prevent the Japanese yen from falling due to mild risk appetite on the Forex market. GBP/JPY paused Tuesdays sell-off near the 20-day moving average (MA) on Wednesday and bounced back into the 146 area. The cautious sentiment, though, has not fully faded as the RSI has yet to show clear positive direction above 50, while.

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