Skip to content

We want to clarify that IG International does not have an official Line account at this time. We have not established any official presence on Line messaging platform. Therefore, any accounts claiming to represent IG International on Line are unauthorized and should be considered as fake.
CFDs are complex instruments. 70% of retail client accounts lose money when trading CFDs, with this investment provider. You can lose your money rapidly due to leverage. Please ensure you understand how this product works and whether you can afford to take the high risk of losing money.
CFDs are complex instruments. 70% of retail client accounts lose money when trading CFDs, with this investment provider. You can lose your money rapidly due to leverage. Please ensure you understand how this product works and whether you can afford to take the high risk of losing money.

​​EUR/USD steadies while EUR/JPY and USD/JPY near April highs

​​​EUR/USD steadies while EUR/JPY and USD/JPY near April highs around which the BoJ intervened.

Yen Source: Getty Images

​​​EUR/USD stays above support

EUR/USD tries to recover from Friday's low at $1.0671, below which lie the mid-June low at $1.0668 and the May low at $1.065.

​Resistance comes in at $1.0761-65 which is made up of last Tuesday's high and the 55-day simple moving average (SMA).

EUR/USD chart Source: TradingView.com
EUR/USD chart Source: TradingView.com

​EUR/JPY hits 7-week high

EUR/JPY is on track for its sixth straight day of gains and tries to overcome the 3 June high at ¥170.89 in order to reach its April peak at ¥171.58.

​Minor support can be found in the ¥170.29-to-¥170.14 region.

EUR/JPY chart Source: TradingView.com
EUR/JPY chart Source: TradingView.com

​USD/JPY hits a fresh 7-week high

USD/JPY advances further and so far made a seven-week high at ¥159.93, above which beckons the April peak at ¥160.21.

​Minor support can be seen at the ¥158.25 mid-June high.

USD/JPY chart Source: TradingView.com
USD/JPY chart Source: TradingView.com

This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients.

Start trading forex today

Trade the largest and most volatile financial market in the world.

  • Spreads start at just 0.6 points on EUR/USD
  • Analyse market movements with our essential selection of charts
  • Speculate from a range of platforms, including on mobile

Live prices on most popular markets

  • Forex
  • Shares
  • Indices

You might be interested in…

Find out what charges your trades could incur with our transparent fee structure.

Discover why so many clients choose us, and what makes us a world-leading provider of CFDs.

Stay on top of upcoming market-moving events with our customisable economic calendar.