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CFDs are complex instruments. 72% 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. 72% 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 tries to recover lost ground while EUR/JPY, USD/JPY trade in multi-decade highs

EUR/USD tries to recover lost ground while EUR/JPY, USD/JPY trade in multi-decade highs amidst increasing BoJ intervention risk.

Dollar Source: Adobe images

​​​EUR/USD range trades

EUR/USD tries to hold above its $1.0671-66 current June lows, below which lies the May low at $1.065.

​​Resistance above Monday's $1.0746 high sits at the 18 June high and the 55-day simple moving average (SMA) at $1.0761-64.

EUR/USD chart Source: TradingView
EUR/USD chart Source: TradingView

​EUR/JPY hits record euro 1999 high

EUR/JPY has risen to levels last seen when the euro was first introduced at ¥171.79. Further up beckons the ¥174.74 August 1992 peak.

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

EUR/JPY chart Source: TradingView
EUR/JPY chart Source: TradingView

​USD/JPY hits 37 1/2 year high

USD/JPY has so far risen to ¥160.87, a level last traded in December 1986. Above it sits the ¥165.00 November 1986 high.

​Minor support sits at the ¥159.93 24 June high.

USD/JPY chart Source: TradingView
USD/JPY chart Source: TradingView

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