Technical analysis of EUR/JPY 01/31/2024

The EUR/JPY currency pair at (1D) is in an upward trend.

During the downward correction, the price found support in the area of 154.00 (38.2% Fibo), (MA200) and is currently consolidating around 159.00 (MA100).

The technical picture suggests continued growth of the pair with the nearest target in the area of last year’s high of 164.00.

The closest support is the area at 158.00 (23.6% Fibo).

Created by Joshua Hayn

Rating: 5.0/5 (1 vote cast)

5.0 out of 5 based on 1 rating

Written by admin

Leave a Reply Cancel reply

Accent Markets Group Inc as part of Butenix Capital Ltd holding is аuthorized and regulated by the Vanuatu Financial Services Commission (VFSC). Company registration number - 17926.

All rights to the accentforex.com domain belong to Butenix Capital Ltd.(reg. number 072342, Suite 1, Second Floor, Sound & Vision House, Francis Rachel Str., Victoria, Mahe, Seychelles)

AccentForex does not offer Contracts for Difference to residents of some jurisdictions, such as the United States of America, the United Kingdom, citizens of the Russian Federation and Belarus, FATF blacklisted countries.

Registered address of Accent Market Group Inc. is 1276, Govant Building, Kumul Highway, Port Vila, Republic of Vanuatu; Company registration number - 17926.

Attention!

Investing into PAMM account or PAMM account portfolios is a unique set of the managing traders that is individual choice of the investor according to investor’s aims and liabilities.
Profit extracted from the PAMM account in previous periods is not an assurance condition for future profit obtaining.
AccentForex providing PAMM account service for investors/PAMM partners/managing traders does not take part in clients funds management investing in PAMM accounts.

Risk Warning

Disclaimer:
The information on this website is not directed at residents of any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
© 2025 Reliable FOREX broker