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28 May 2015

EUR/JPY trades back at highs after bouncing off 135.25

FXStreet (Cocoa) - The Euro is recovering earlier losses against the Japanese Yen as the pair found a buying interest at 135.25 that sent it back to highs of the day around 135.80.

Currently, EUR/JPY is trading at 135.72, up 0.66% on the day, having posted a daily high at 135.89 and low at 134.75. The hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slightly bullish.

EUR/JPY levels

If the pair extends its bounce, it will find resistances at 135.90, 136.00 and 136.30.

May 28, 2015

EUR/USD: Lagarde says Grexit is possible - FXStreet

Valeria Bednarik, chief analyst at FXStreet noted that EUR/USD traded marginally higher this Thursday.

EUR/USD consolidates above 1.0900

The euro managed to reverse intraday losses versus the greenback and turned positive during the American session as the US currency weakened across the board.