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EUR/JPY Daily Price CHART (Jan 12 – Mar 17, 2020) Zoomed in. Looking at the daily chart, we noticed that on Friday EUR/JPY failed to overtake the 50-day average providing a bearish signal.
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GBP JPY (British Pound / Japanese Yen Spot) The British Pound (GBP) vs. the Japanese Yen (JPY) is a highly volatile pair. JPY is often used as a funding currency of a trade because it’s historically a low yielding currency. Since UK is one of the larger economies in Europe, the GBPJPY pair can be considered as a proxy for worldwide economic
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2020/03/30 · GBP/JPY (British Pound - Japanese Yen) is the forex ticker that tells traders how many Japanese Yen are needed to buy a British Pound. The Pound is …
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While the RSI downtrend #1 is not broken, bearish wave in price would continue. A peak is formed in daily chart at 137.78 on 07/01/2019, so more losses to support(s) 135.65, 135.15 and minimum to Major Support (135.00) is expected. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 38.
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