हम केवल एक ब्रोकर नहीं हैं। हम एक ऑल-इन-वन ट्रेडिंग इकोसिस्टम हैं—आपको विश्लेषण करने, ट्रेड करने और बढ़ने के लिए जो कुछ भी चाहिए, वह एक ही स्थान पर है। क्या आप अपने ट्रेडिंग को ऊँचा उठाने के लिए तैयार हैं?
FXStreet (Mumbai) - The EUR/JPY pair extended losses to trade below 127.00 levels as the benchmark bond yield in Germany fell to record low for the second consecutive session.
Trades below hourly 50-MA
The pair currently trades at 126.80; below the hourly 50-MA located at 127.02 levels. The shared currency is being offered tracking losses in the bond yields across the Eurozone. The German 10-year yield fell to a record low of 0.087% on Thursday; down 2.2 basis points for the day.
Meanwhile, the Japanese Yen remained well supported due to fresh signs of weakness in the US Treasury yields. Given the absence of a major economic data releases out of the Eurozone today, the pair is likely to track the bond yield differential.
EUR/JPY Technical Levels
The immediate support is seen at 126.69, under which losses could be extended to 126.25-126.30. On the flip side, a break above 127.02 (hourly 50-MA), could lead to 127.84 levels.