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27 03, 2025

USD/JPY Analysis Today 27/03: New Ascending Channel (Chart)

By |2025-03-27T18:06:34+02:00March 27, 2025|Forex News, News|0 Comments

Key Points of USDJPY Analysis:

  • USD/JPY is supported upward by the 150 level.
  • The Bank of Japan is prepared to raise interest rates.
  • US tariffs affect market performance.

For three consecutive trading sessions, bulls have succeeded in stabilizing the USD/JPY pair around and above the psychological resistance of 150.00, which has often been noted as a potential starting point for a new upward channel for the pair. The USD/JPY pair’s upward rebound gains reached the 150.92 resistance level, the pair’s highest level in nearly three weeks, before stabilizing around 150.50 at the start of trading on Thursday.

Japanese Yen Affected by Bank of Japan Signals

According to forex market trading, the Japanese yen declined, giving up its gains as investors braced for the implementation of reciprocal US tariffs, which could impact key Japanese exports. A rebound in riskier assets, including stocks and commodities, also dampened demand for the Japanese yen as a safe haven. In Japan, Bank of Japan Governor Kazuo Ueda told parliament that he would continue raising interest rates if economic forecasts materialize. Ueda emphasized that economic growth has exceeded expectations, as a positive cycle of rising incomes has led to increased consumer spending.

In last week’s decision, the Bank of Japan kept its key interest rate steady at 0.5%, with officials maintaining a cautious stance while assessing global economic risks, particularly the potential repercussions of higher US tariffs.

Trading Tips:

The stabilization of USD/JPY above the 150 level stimulates an upward shift.

Japanese government bond yields reach their highest level in more than 16 years.

According to trading via reliable trading companies, the 10-year Japanese government bond yield rose to approximately 1.59%, marking its highest level in 16 and a half years, after Bank of Japan Governor Kazuo Ueda told parliament that he would continue to raise interest rates if economic forecasts materialize. Ueda stressed that economic growth had exceeded expectations, with a positive cycle of rising income leading to increased consumer spending. Additionally, the Bank of Japan governor revealed earlier this week that the Bank of Japan is gradually reducing its holdings of long-term Japanese government bonds, while emphasizing the impossibility of immediate sales.

US Dollar Ignores Weak Consumer Confidence

According to Forex market trading, the US dollar’s performance was affected by the announcement of weak consumer confidence, the primary driver of the US consumption-based economy. Without it, production will inevitably decline. According to economists, US households expected President Trump to unleash tax cuts and deregulations, but instead, there is austerity and the potential for significant trade tariffs. This raises concerns about household finances and job opportunities, with fears that this will translate into weak spending.

According to licensed trading platforms, the US dollar reached its highest level since 2022 on January 13, amid continued outperformance by the US economy and its associated assets, particularly the stock market. However, US exceptionalism has dissipated under US President Donald Trump’s erratic approach to tariffs and spending cuts. Policy uncertainty has led to a decline in US stock markets, negatively impacting consumer and business confidence, which inevitably weighs on the dollar. There’s more to come, as Trump is set to announce his largest tariff announcement yet on April 2.

USD/JPY Technical Analysis and Expectations Today:

According to daily chart performance, the stabilization of the USD/JPY pair around and above the psychological resistance of 150.00 will stimulate bulls’ control and support the formation of an ascending channel. The upward shift will be confirmed by movement towards the resistance levels of 151.20 and 152.00, respectively. Currently, the technical indicators MACD and RSI have turned upward. Conversely, on the same timeframe, the support level of 148.70 remains a threat to the current upward shift. Finally, we still prefer buying the USD/JPY pair from every downward level.

Want to trade our USD/JPY forex analysis and predictions? Here’s a list of forex brokers in Japan to check out.

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27 03, 2025

I tried 6 popular sleep aids — this is the one I now use every night

By |2025-03-27T18:01:35+02:00March 27, 2025|Dietary Supplements News, News|0 Comments


My bed is literally my favorite place to be (besides the gym). But as much as I love to sleep, it’s been a struggle for over two decades. From racing thoughts that make it tough to drift off to multiple night awakenings, sleep just isn’t my strong suit. My room is pitch black and cool, I use an eye mask, ear plugs, white noise and all of the other lifestyle hacks recommended to me by sleep experts over the years. But even then, good sleep doesn’t always come easily. I’ve tried everything from over-the-counter remedies like melatonin and Unisom to prescription medications from my physician. They work, but aren’t meant to be used long-term and usually come with annoying side effects (like next-day grogginess) I’d rather live without.

As a health writer, I test and review supplements regularly, and with my history of sleep challenges, I’ve tested a range of products that promise a better night’s rest. When I tried Nightcap gummies by Juna, I was optimistic but skeptical that they’d make a noticeable difference. But after taking them for a full 30 days, I’m now sold: These are the sleep aid my body has been waiting for.

A note on supplements

The products included on this list are dietary supplements. Statements about these products have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure or prevent any disease. Dietary supplements are not appropriate for everyone and may interact with other supplements or medications, so talk to your health care provider before adding a dietary supplement to your routine.

The oversaturated sleep market can be daunting to sift through, but Juna’s Nightcap gummies are the real deal. In total, I tested six natural sleep aids (you can see the others I tried below), and while they all had benefits, this is the one I keep using.

Juna’s Nightcap gummies are designed to promote relaxation and quality sleep without a groggy aftermath. They contain a proprietary blend of six key ingredients, although the exact amounts of each aren’t disclosed on the label, so it’s not clear which may be offering the greatest benefit. Here’s what the science says generally about the ingredients as they relate to sleep:

  • Passionflower extract. According to animal studies and a small, placebo-controlled human trial, passionflower has shown promise as a supplement to enhance sleep. But more conclusive evidence is needed to determine if it’s beneficial for sleep promotion.

  • Tart cherry extract: “Tart cherries are a natural source of melatonin, the hormone that regulates sleep,” says board-certified sleep medicine physician Dr. Raj Dasgupta. While preliminary research is promising, only two small-scale, industry-funded studies have been performed. More data is needed to establish the benefits of tart cherry extract for insomnia.

  • Wild jujube (GABA): This product contains 200 mcg of gamma-aminobutyric acid (GABA) in the form of wild jujube. GABA is a neurotransmitter in the brain that is believed to reduce stress and anxiety and improve sleep. Dasgupta says that although wild jujube may have sedative effects, strong clinical evidence on its effectiveness is lacking, and more studies are needed.

  • Magnesium “Magnesium is one of my top recommendations for sleep support, as it plays a key role in regulating neurotransmitters — like GABA — that promote relaxation,” says registered dietitian Jessica Corwin. She says magnesium can help reduce cortisol (the stress hormone), ease muscle tension and improve sleep. According to research, it may help improve sleep quality and duration.

  • L-tryptophan: L-tryptophan is an essential amino acid, meaning we need to consume it through our diet because our bodies can’t produce it, says registered dietitian Shelley Balls. “L-tryptophan plays an important role in the production of serotonin, a neurotransmitter that promotes relaxation and sleep,” she says. In a meta-analysis published in the journal Nutrition Reviews, tryptophan supplementation at ≥1 gram showed improved sleep quality.

  • Phytomelatonin (from St. John’s Wort): Melatonin is a hormone naturally produced by the body that regulates the sleep-wake cycle. The sleep-enhancing effects of melatonin are well documented for jet lag and certain sleep disorders — usually in doses of 1 to 6 milligrams, but it’s not recommended to be used long term. The Juna Nightcap gummies contain 0.3 mg, the amount naturally produced by the body each day. This amount may be all that’s needed to improve sleep efficiency in individuals with jet lag and those with low melatonin levels.

My experience

I tested each of the products for a full 30 days. While I had positive results with a number of the options, the Juna Nightcap gummies are the ones I’m continuing to use. Not only did I experience better sleep from the very first night I tried the supplement, but over the course of the month I fell asleep faster and had fewer middle-of-the-night wakings with this product. I also experienced zero morning grogginess, and on the nights when I did rouse from sleep, I was able to fall back asleep quickly — a feat that can sometimes take me hours when I’m not using a sleep aid.

I also found these gummies easy to take — the dose is only a single gummy, and it’s pleasantly flavored. I took it about 30 minutes to an hour before I wanted to fall asleep and I found myself feeling relaxed and drowsy by the time I was ready to hit the hay.

While I don’t love that the individual doses for each of the six ingredients aren’t clearly listed on the packaging, I’ve found that my body does seem to respond better to mixed-ingredient options like this supplement, rather than those that only feature a single ingredient. However, as Dasgupta points out, this makes it harder to know exactly what you’re dealing with and may be more of a “red flag” for individuals taking medications or managing illnesses that may preclude the use of certain ingredients.

Precautions and risks

It’s important to note that the FDA does not approve dietary supplements for safety and effectiveness before they’re marketed to the public. That’s why it’s crucial to consult your health care provider before adding a sleep supplement to your wellness routine.

Dasgupta emphasizes that certain groups should exercise extra caution, including women who are pregnant or breastfeeding, individuals taking medications and those with certain medical conditions like kidney or liver disease. “St. John’s Wort can interact with many medications, including antidepressants, blood thinners and birth control; magnesium can cause digestive issues like diarrhea and L-Tryptophan may interact with medications that affect serotonin, like antidepressants, potentially leading to serotonin syndrome,” he says.

The bottom line

“The Juna Nightcap Sleep Gummies contain a mix of ingredients that could support relaxation and sleep,” says Dasgupta. However, he adds that the overall effectiveness depends on the dosages of each ingredient, which aren’t clearly disclosed. What’s more, some ingredients, like passionflower and tart cherry, have less scientific backing for sleep, so results may vary.

While I found the gummies highly effective, they may not be a fit for everyone. Working on your sleep hygiene before resorting to a sleep aid is also essential “It”s always best to start with lifestyle strategies — like establishing a regular sleep routine, reducing evening blue light exposure and managing stress — before relying solely on supplements,” recommends Corwin. And as always, it’s a good idea to check in with your healthcare provider, especially if you’re taking other medications.

Other products I tested:

  • Natural Dreams by Univera is a great option if you’re looking for a melatonin-free supplement. It’s designed to increase the time you spend in deep sleep, the stage of sleep that helps you feel more rested when you wake up. I slept well and woke up feeling refreshed. The only small con was that my mouth felt dry — a potential side effect of the valerian root it contains.

  • Rest by Hey Freya is another melatonin-free option that helped me sleep without next-day grogginess. One of its key ingredients is L-theanine, which promotes rest by reducing anxiety. I definitely felt a calm state of mind before drifting off into slumberland. I also like that the blend, which also contains valerian root and magnesium, is vegan and non-GMO.

  • MoonBrew Night Time Superfoods is a melatonin-free drink mix that really helps me unwind at the end of the day. I tried the hot chocolate flavor; it tastes just like the real thing minus the sugar. The main ingredients are magnesium, L-theanine, jujube and chamomile. Overall, I liked the calming effects and slept better than usual.

  • Thorne Melatonin-3 is a no-frills supplement containing 3 milligrams of melatonin. It’s a solid choice (which happens to top our list of best melatonin supplements) if you’re looking for a straight melatonin option, but I personally find a blend of ingredients to be more effective. It’s also NSF Certified for Sport, which helps guarantee safety and quality.

  • JUNG+ Advanced Sleep Repair is designed to improve sleep over a year, but I tested it for a month and still noticed improvements. Mainly, I didn’t wake up as often and felt less groggy in the mornings. It contains solid, research-backed ingredients like magnesium and L-theanine and is melatonin-free. While I’d love to keep using it, it’s hard to justify the high price point ($69) when there are other effective options available for less.

Meet the experts

  • Raj Dasgupta, MD, an ABIM Quadruple board-certified physician specializing in internal medicine, pulmonology, critical care and sleep medicine and chief medical adviser for Sleepopolis

Our health content is for informational purposes only and is not intended as professional medical advice. Consult a medical professional on questions about your health.





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27 03, 2025

ADA Eyes 3x Surge in 2025 as Solaxy Smashes $28 Million in Presales

By |2025-03-27T18:00:29+02:00March 27, 2025|Crypto News, News|0 Comments

Cardano ($ADA) has been quietly building in the background while flashier tokens grab headlines, but that could change in a big way in 2025. With its major upgrades finally in place—like the Vasil hard fork and improvements to its smart contract platform—Cardano is no longer just “potential.” It’s ready to compete. 

Developers are returning, projects are launching, and the ecosystem feels like it’s waking up. If the broader market keeps climbing, a return to ADA’s all-time high isn’t far-fetched—which would mean nearly a 3x from where it is today.

At the same time, a new player is making waves: Solaxy ($SOLX). It’s a meme coin, sure—but with real ambitions. The project just passed $28 million in presale funding, and its buzz is undeniable. Still, while Solaxy is all about speed and hype, 

Cardano offers something different: proven resilience, a loyal community, and the kind of fundamentals that big investors care about. So while the meme coin crowd chases fast flips, ADA could quietly deliver serious gains in the next leg of the bull market.

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27 03, 2025

US crude oil price forecast update

By |2025-03-27T16:06:55+02:00March 27, 2025|Forex News, News|0 Comments


 Natural gas price formed weak sideways trading yesterday near $3.880 in an attempt to shake off negative signals from the Stochastic, while holding repeatedly above the support of $3.750.

 

It’s likely an indication of the strength of the upward trend towards $4.060, thus sending the price even higher to $4.180.

 

Expected trading range today is between $3.750 and $4.060.

 

Today’s price forecast: Bullish as the support holds 

 





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27 03, 2025

EUR/USD price forecast update – 27-03-2025

By |2025-03-27T16:05:44+02:00March 27, 2025|Forex News, News|0 Comments

Copper price closed higher once again above $5.000, paving the way for more gains, especially as the Stochastic exited overbought saturation levels and held near 80, providing more positive signals and pushing the price towards $5.3200 then $5.4100.

 

A breach of the $5.000 barrier however would send the price towards lesser targets, including $4.9100 and $4.8100.

 

Expected trading range today is between $5.100 and $5.4100.

 

Today’s price forecast: Bullish 

 



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27 03, 2025

8 Refreshing Detox Drinks For Oily Skin In Summers

By |2025-03-27T16:01:03+02:00March 27, 2025|Dietary Supplements News, News|0 Comments




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27 03, 2025

Ripple CEO Issues ‘Massive’ Trillion Dollar Prediction Amid Bitcoin, XRP And Crypto Price Swings

By |2025-03-27T15:59:47+02:00March 27, 2025|Crypto News, News|0 Comments

Bitcoin and crypto prices, including Ripple’s XRP, have made huge gains following Donald Trump’s return to the White House as traders bet on massive earthquake.

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The bitcoin price has added almost 40% over the last six months, left in the dust by a 300% gain for Ripple’s XRP even as a mystery threat has been found to be targeting crypto traders.

Now, as traders are told to “buckle up,” Ripple chief executive Brad Garlinghouse has said the company is poised to “unlock the U.S. market,” predicting the “opportunity” will be “massive.”

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Forbes‘Critical’ Bitcoin And Crypto Chrome Warning Issued Over Mystery ‘Stealth’ Threat

“The market opportunity here is massive,” Garlinghouse told Fox Business after the U.S. Securities and Exchange Commission (SEC) ended its four-year legal battle against the company and leaving Ripple free to pursue its goal of unseating Swift, the global messaging network that enables banks to send money around the world.

“You’ve got trillions of dollars that is flowing cross-border globally and is still dominated by Swift,” Garlinghouse said. “The challenge is that the SEC has been fighting this. However, the Trump Effect is now profound, as evidenced by the adoption of these technologies.”

Ripple’s legal battle against the SEC, begun in late 2020, saw the company accused of raising $1.3 billion through an unregistered securities offering. In 2023, Ripple won a partial victory after a federal judge ruled that XRP wasn’t a security when sold to retail investors, but was when sold to institutions. The agency appealed that decision but is now backing down.

“It took longer than we would have liked… more than $150 million of legal bills, but we’re thrilled with the ultimate outcome,” Garlinghouse said. “It allows us to really unlock the U.S. market.”

Meanwhile, XRP has been named by Trump as one of the cryptocurrencies that will make up a U.S.-focused crypto stockpile.

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Forbes‘Buckle Up’—Bitcoin Price Suddenly Braced For A ‘Cambrian Explosion’

“A U.S. crypto reserve will elevate this critical industry after years of corrupt attacks by the Biden administration, which is why my executive order on digital assets directed the presidential working group to move forward on a crypto strategic reserve that includes XRP, SOL, and ADA,” Trump posted to his Truth Social account in early March.

Trump later signed an executive order calling for the creation of a crypto stockpile alongside a bitcoin strategic reserve.

Traders are also betting the SEC will wave through a long-awaited XRP exchange-traded fund (ETF) following the creation of fully-fledeged bitcoin and ethereum ETFs last year.

“XRP is seeing a bullish push, particularly with the SEC dropping its lawsuit against Ripple Labs,” Nick Forster, founder of the decentralized onchain options platform Derive.xyz, said in emailed comments. “Additionally, the SEC’s pending review of five XRP ETFs could lead to $8 billion in inflows throughout the year.”

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27 03, 2025

Trump’s Move on IRS Ruling Shakes DeFi – Will BTC Break $90,000 Resistance Today?

By |2025-03-27T14:22:46+02:00March 27, 2025|News, NFT News|0 Comments


In a major win for the crypto industry, President Donald Trump is set to sign legislation repealing the controversial IRS ruling. That classified decentralized finance platforms as “brokers.” The ruling, originally part of Biden’s infrastructure bill, imposed strict reporting requirements on DeFi entities, sparking backlash from industry leaders. The repeal, passed by the Senate with bipartisan backing, is expected to reduce regulatory pressure on DeFi platforms. Analysts are closely watching BTC price trends, reasoning that reduced regulatory burdens could positively impact market performance. However, the long-term effects on the crypto landscape remain uncertain.

IRS Ruling Repeal: A Game-Changer for DeFi and Bitcoin

The IRS ruling introduced in 2021 under Biden’s administration expanded the definition of “broker” to include decentralized exchanges. Critics claimed that the broad classification made compliance impossible for decentralized entities. The House and Senate have now voted to repeal the rule, and President Trump has confirmed his intent to sign it into law.

The repeal signals a shift in U.S. regulatory policies toward a more crypto-friendly stance. Trump’s crypto policy advisor, David Sacks, stated that the administration aims to support blockchain innovation and reduce regulatory barriers. Market analysts believe this could boost Bitcoin price predictions, as decreased regulatory uncertainty often leads to increased investor confidence.

However, the crypto market’s reaction remains mixed. While some traders see this as a bullish sign, others caution that broader economic factors will ultimately determine BTC’s action. As the repeal moves forward, all eyes are on Bitcoin and the DeFi sector to gauge the long-term impact of this legislative change.

Bitcoin Bulls Eye $88,274.41 Breakout

Bitcoin’s market trends on March 20th displayed significant volatility, with price movements influenced by key technical signals. The day began with an upward trend, but a death cross at 2:00 UTC hinted at a possible downturn. As the price dipped into oversold conditions at 3:10 UTC and 3:35 UTC, it found temporary support at $87,029.58. A golden cross at 4:00 UTC signaled a reversal, leading Bitcoin to test resistance at $88,274.41. However, overbought conditions at 6:55 UTC and 7:45 UTC stalled further gains. By 8:05 UTC, another death cross indicated price fluctuations, followed by a sharper decline after a death cross at 11:20 UTC. 

Chart 1, analyzed by ShwetaCW, published on TradingView, March 27, 2025

Bitcoin dropped below previous support levels, establishing a new trading range with support at $85,865.41 after an oversold condition at 19:10 UTC. A golden cross at 19:35 UTC fueled a brief rally, but a death cross at 21:00 UTC signaled another dip. A golden cross at 23:40 UTC signaled an uptrend, continuing into March 27th until a death cross at 2:55 UTC suggested a reversal. According to the Bitcoin price prediction, if the decline persists, Bitcoin may break $85,860.41 support, while a rebound could push it toward the $88,274.41 resistance level.

BTC’s Next Move: Support Retest or Breakout Ahead?

The repeal of the IRS ruling brings relief to DeFi platforms, fostering a more favorable regulatory environment. BTC price remains volatile, with key support at $85,860.41 and resistance at $88,274.41. If selling pressure increases, it may break below support, signaling further decline. However, if buyers regain momentum, the price could rally past resistance, confirming an upward trend. Market sentiment remains cautious as traders react to regulatory shifts. Bitcoin price prediction suggests that the coming days will be crucial in determining the next move. While DeFi platforms closely monitor the impact of the IRS ruling on market trends.



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27 03, 2025

XAG/USD jumps to near $34 as Trump’s tariffs stoke global uncertainty

By |2025-03-27T14:05:45+02:00March 27, 2025|Forex News, News|0 Comments


  • Silver price gains as auto tariffs by US President Trump have improved its safe-haven demand.
  • Trump’s auto tariffs will also be unfavorable for the US economy.
  • Investors await the US PCE inflation data, which will be released on Friday.

Silver price (XAG/USD) advances to near $34.00 during European trading hours on Thursday. The white metal strengthens as fresh 25% tariffs on cars entering the United States (US) have stoked fears of global economic uncertainty.

US President Donald Trump said on Wednesday that auto tariffs “will be 25%”, which will come into effect April 2 and will be collected from April 3. Trump added that these tariffs would be permanent.

The impact of Trump’s auto tariffs will be significant on Mexico, Canada, Japan, South Korea, and Germany, which were the top 5 auto exporters to the United States in 2022, according to the Commerce Department.

The Silver price tends to perform better in heightening global economic uncertainty.

US President Trump’s auto tariffs have also weighed on the US Dollar (USD) as its consequences will also be borne by the domestic economy. The automakers of the US would be forced to set up manufacturing facilities in the domestic region. Given high labor cost in the US economy, prices of cars will shoot up, which will diminish the purchasing power of households. The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, retraces from its three-week high of 104.68 posted on Wednesday.

Going forward, investors will focus on the US Personal Consumption Expenditure Price Index (PCE) data for February, which will be released on Friday. Economists expect the US core PCE inflation, which is the Federal Reserve’s (Fed) preferred inflation gauge, to have grown at a faster pace of 2.7% year-on-year, compared to the 2.6% increase seen in January.

Silver technical analysis

Silver price advances toward the flat border of the Ascending Triangle chart pattern formation on the daily timeframe near the October 22 high of $34.87. The upward-sloping border of the above-mentioned chart pattern is placed from the August 8 low of $26.45. Technically, the Ascending Triangle pattern indicates indecisiveness among market participants.

The 20-day Exponential Moving Average (EMA) near $33.20 continues to provide support to the Silver price.

The 14-day Relative Strength Index (RSI) rebounds above 60.00, suggesting a resurgence in bullish momentum.

Looking down, the March 6 high of $32.77 will act as key support for the Silver price. While, the October 22 high of $34.87 will be the major barrier.

Silver daily chart

Silver FAQs

Silver is a precious metal highly traded among investors. It has been historically used as a store of value and a medium of exchange. Although less popular than Gold, traders may turn to Silver to diversify their investment portfolio, for its intrinsic value or as a potential hedge during high-inflation periods. Investors can buy physical Silver, in coins or in bars, or trade it through vehicles such as Exchange Traded Funds, which track its price on international markets.

Silver prices can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can make Silver price escalate due to its safe-haven status, although to a lesser extent than Gold’s. As a yieldless asset, Silver tends to rise with lower interest rates. Its moves also depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAG/USD). A strong Dollar tends to keep the price of Silver at bay, whereas a weaker Dollar is likely to propel prices up. Other factors such as investment demand, mining supply – Silver is much more abundant than Gold – and recycling rates can also affect prices.

Silver is widely used in industry, particularly in sectors such as electronics or solar energy, as it has one of the highest electric conductivity of all metals – more than Copper and Gold. A surge in demand can increase prices, while a decline tends to lower them. Dynamics in the US, Chinese and Indian economies can also contribute to price swings: for the US and particularly China, their big industrial sectors use Silver in various processes; in India, consumers’ demand for the precious metal for jewellery also plays a key role in setting prices.

Silver prices tend to follow Gold’s moves. When Gold prices rise, Silver typically follows suit, as their status as safe-haven assets is similar. The Gold/Silver ratio, which shows the number of ounces of Silver needed to equal the value of one ounce of Gold, may help to determine the relative valuation between both metals. Some investors may consider a high ratio as an indicator that Silver is undervalued, or Gold is overvalued. On the contrary, a low ratio might suggest that Gold is undervalued relative to Silver.


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27 03, 2025

Tests nine-day EMA support near channel’s lower boundary at 161.50

By |2025-03-27T14:04:30+02:00March 27, 2025|Forex News, News|0 Comments

  • The EUR/JPY cross may face initial resistance around the psychological level of 165.00.
  • The 14-day Relative Strength Index (RSI) remains above 50, strengthening the bullish outlook.
  • Immediate support is seen at the nine-day EMA of 161.79, followed by the ascending channel’s lower boundary at 161.50.

EUR/JPY dips slightly after gaining in the previous session, hovering around 161.90 during Thursday’s Asian trading hours. Technical analysis of the daily chart indicates the currency cross is moving within an ascending channel, supporting a bullish outlook.

Additionally, the 14-day Relative Strength Index (RSI) remains above 50, reinforcing the bullish bias. The cross also stays above the nine-day Exponential Moving Average (EMA), signaling strong short-term momentum and the potential for further gains.

On the upside, the EUR/JPY cross could encounter initial resistance near the “pullback resistance” around the psychological level of 165.00. Beyond this, the next key hurdle lies at 166.69—an eight-month high last reached in October 2024—aligning with the upper boundary of the ascending channel.

The EUR/JPY cross may find initial support at the nine-day EMA of 161.79, followed by the ascending channel’s lower boundary at 161.50. A break below this critical support zone could weaken short-term momentum, potentially driving the cross toward the 50-day EMA at 160.49.

Further decline below the 50-day EMA could erode medium-term momentum, intensifying bearish pressure and dragging the cross toward its monthly low of 155.59, recorded on March 4, followed by 154.41, its lowest level since December 2023.

EUR/JPY: Daily Chart

Euro PRICE Today

The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the weakest against the Japanese Yen.

  USD EUR GBP JPY CAD AUD NZD CHF
USD   -0.25% -0.18% -0.27% 0.00% -0.15% -0.11% -0.13%
EUR 0.25%   0.04% -0.06% 0.23% 0.06% 0.12% 0.09%
GBP 0.18% -0.04%   -0.10% 0.19% 0.02% 0.06% 0.05%
JPY 0.27% 0.06% 0.10%   0.27% 0.10% 0.14% 0.15%
CAD -0.01% -0.23% -0.19% -0.27%   -0.15% -0.11% -0.13%
AUD 0.15% -0.06% -0.02% -0.10% 0.15%   0.05% 0.04%
NZD 0.11% -0.12% -0.06% -0.14% 0.11% -0.05%   -0.01%
CHF 0.13% -0.09% -0.05% -0.15% 0.13% -0.04% 0.01%  

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent EUR (base)/USD (quote).

 

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