others
Bears keep resistance-turned-support surrounding mid-157.00s on table – Crypto News
- EUR/JPY remains on back foot at weekly low, lacks momentum of late.
- Clear break of 50-SMA, U-turn from ascending trend line and bearish MACD signals lure sellers.
- Retreat in yields, firmer Japan inflation add strength to the pullback moves.
- Seven-week-old previous resistance line prods cross-currency sellers ahead of 200-SMA support.
EUR/JPY holds lower ground at the intraday bottom of around 158.20 heading into Friday’s European session. In doing so, the cross-currency pair takes clues from the recent pullback in the Treasury bond yields, as well as upbeat prints of Japan’s inflation data, amid a sluggish trading day.
However, the pair’s clear U-turn from a three-week-old rising trend line and the bearish MACD signals, as well as a downside break of the 50-SMA, gain major attention to keep the sellers hopeful.
It’s worth noting that the previous resistance line from late June restricts the immediate downside of the EUR/JPY pair to around 157.60.
Following that, the 200-SMA level surrounding 156.55 will act as the final defense of the EUR/JPY buyers.
In a case where the quote remains bearish past 156.55, multiple supports around 155.50 and 153.40 may prod the sellers before directing them to the previous monthly low of around 151.40.
On the contrary, a clear upside break of the 50-SMA level of 158.45 becomes necessary for the EUR/JPY buyer’s return.
Even so, an ascending trend line from July 21, close to 159.55, quickly followed by the 160.00 round figure, will challenge the EUR/JPY bulls afterward.
EUR/JPY: Four-hour chart
Trend: Further downside expected
-
Blockchain20 hours agoOn-Chain Tokenization for Payments Professionals – Crypto News
-
Cryptocurrency6 days ago
Pi Community Highlights Pi Coin’s Slow Growth As ‘Strategic’ – Crypto News
-
others1 week agoThere is more work to do on inflation – Crypto News
-
Cryptocurrency1 week agoProfessor Coin: What’s Driving Cryptocurrency Adoption Around the World – Crypto News
-
Blockchain1 week agoCZ claps back against ‘baseless’ US plea deal allegations – Crypto News
-
Technology1 week agoApple ramps up India production amid China uncertainty, assembles $22 billion worth iPhones in a year – Crypto News
-
Business5 days ago
Cardano (ADA) and Dogecoin (DOGE) Eye For Bullish Recovery – Crypto News
-
Business5 days agoWorldpay and FIS Deals Echo 2019’s Payments Megamergers – Crypto News
-
![Shiba Inu [SHIB] price prediction - A 70% rally next after 900%+ burn rate hike?](https://dripp.zone/news/wp-content/uploads/2025/04/Shiba-Inu-SHIB-price-prediction-A-70-rally-next-400x240.png)
![Shiba Inu [SHIB] price prediction - A 70% rally next after 900%+ burn rate hike?](https://dripp.zone/news/wp-content/uploads/2025/04/Shiba-Inu-SHIB-price-prediction-A-70-rally-next-80x80.png)
Cryptocurrency1 week agoShiba Inu [SHIB] price prediction – A 70% rally next after 900%+ burn rate hike? – Crypto News
-
others1 week agoGold consolidates near all-time peak as bulls pause for breather – Crypto News
-
Cryptocurrency7 days agoWhite House Mulls Bitcoin Reserve Backed by Gold and Tariffs – Crypto News
-
Cryptocurrency5 days agoOKX Returns to US Market Following $505M DOJ Deal – Crypto News
-
Blockchain5 days agoSolana Turns Bullish On 8H Chart – Break Above $147 Could Confirm New Trend – Crypto News
-
Blockchain1 week agoXRP Price To Hit $45? Here’s What Happens If It Mimics 2017 And 2021 Rallies – Crypto News
-
others1 week agoRipple Community Remains Disappointed With Hinman Report, What’s Next? – Crypto News
-
Metaverse1 week agoForget DeepSeek. Large language models are getting cheaper still – Crypto News
-
others1 week agoCrypto Strategist Sees Solana-Based Memecoin Surging Higher, Says One AI Altcoin Flashing Strong Chart – Crypto News
-
Cryptocurrency1 week agoPepe is on the verge breakout to $0.0000078 as gold cross nears. – Crypto News
-
Blockchain5 days agoBitcoin online chatter flips bullish as price chops at $85K: Santiment – Crypto News
-
Cryptocurrency5 days agoJudge Pauses 18-State Lawsuit Against SEC, Saying It Could ‘Potentially Be Resolved’ – Crypto News
-
Business5 days ago
Coinbase Reveals Efforts To Make Its Solana Infrastructure Faster, Here’s All – Crypto News
-
Technology4 days ago
Expert Predicts Pi Network Price Volatility After Shady Activity On Banxa – Crypto News
-
Technology1 week agoHow to transcribe and translate YouTube videos for free using Gemini 2.5 Pro? Check our step-by-step guide – Crypto News
-
Cryptocurrency1 week agoFusaka fork takes shape as Pectra enters final stretch – Crypto News
-
others1 week agoBinance Issues Important Update On 10 Crypto, Here’s All – Crypto News
-
Cryptocurrency1 week agoBitcoin – Here’s what’s next after sellers near exhaustion levels – Crypto News
-
others1 week agoOn-Chain Indicator Suggests Ethereum (ETH) Could Be Undervalued, According to Crypto Analyst – Crypto News
-
others1 week agoMexican Peso ends week strong as USD plunges on China tariff retaliation – Crypto News
-
Blockchain1 week agoOn-Chain Clues Suggest Bitcoin Bounce Might Be a False Signal—Here’s What to Know – Crypto News
-
others1 week agoChina’s Copper imports drop – ING – Crypto News
-
Cryptocurrency6 days agoA decade in, Liberland needs the Bitcoin standard more than ever – Crypto News
-
Technology5 days agoIndia, Australia explore bilateral data-sharing treaty to tackle cybercrime – Crypto News
-
Technology5 days agoMoto Book 60 laptop, Pad 60 Pro launched in India: Price, features, battery and more – Crypto News
-
Technology5 days ago
Coinbase Reveals Efforts To Make Its Solana Infrastructure Faster, Here’s All – Crypto News
-
others5 days ago
Coinbase Reveals Efforts To Make Its Solana Infrastructure Faster, Here’s All – Crypto News
-
others4 days ago
How High Should Dogecoin Price Rise to Turn $10K to $100K? – Crypto News
-
Technology1 week agoPrice drop on 43 inch TVs: Grab the best deals on Samsung, Sony, Xiaomi and more, up to 57% off – Crypto News
-
Technology1 week ago3 Altcoins to Buy as US Senate Banking Chair Gives August Deadline For Major Crypto Bills – Crypto News
-
Blockchain1 week agoBoosting Ethereum: Bankless Cofounder Lays Out New Vision For Price Surge – Crypto News
-
![Bearish sequence in Nifty favors downside [Video]](https://dripp.zone/news/wp-content/uploads/2025/02/Bearish-sequence-in-Nifty-favors-downside-Video-Crypto-News-400x240.png)
![Bearish sequence in Nifty favors downside [Video]](https://dripp.zone/news/wp-content/uploads/2025/02/Bearish-sequence-in-Nifty-favors-downside-Video-Crypto-News-80x80.png)
others1 week agoDow Jones recovers ground to post one of its best weeks in years – Crypto News
-
Cryptocurrency1 week agoScottish School Will Accept Bitcoin Payments, May Launch BTC Reserve – Crypto News
-
Blockchain1 week ago‘Bitcoin Standard’ author to develop Austrian economics curriculum for UK school – Crypto News
-
Business1 week agoMichael Saylor Hints At Another MicroStrategy Bitcoin Purchase, BTC Price To Rally? – Crypto News
-
others1 week agoMantra Team Responds As The OM Token Price Crashes Over 80% In 24 Hours – Crypto News
-
others1 week agoUSD/CAD falls toward 1.3850 due to potential US recession, persistent inflation – Crypto News
-
Blockchain1 week agoCrypto markets ‘relatively orderly’ despite Trump tariff chaos: NYDIG – Crypto News
-
others6 days agoPresident Trump Planning Launch of New Monopoly-Inspired Crypto Game: Report – Crypto News
-
Blockchain6 days agoStablecoins’ dominance due to limitations of US banking — Jerald David – Crypto News
-
Cryptocurrency5 days agoSOL remains bullish amid broader market stagnation – Crypto News
-
Technology5 days agoSpotify down: Music streaming giant leaves thousands of users affected globally – Crypto News