{"id":73624,"date":"2022-10-06T23:10:30","date_gmt":"2022-10-06T19:10:30","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=73624"},"modified":"2022-10-06T23:14:31","modified_gmt":"2022-10-06T19:14:31","slug":"eur-jpy-extends-its-losses-drops-towards-142-20s","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/eur-jpy-extends-its-losses-drops-towards-142-20s\/10\/06\/market-updates\/forex-markets\/","title":{"rendered":"EUR\/JPY Extends its losses, drops towards 142.20s"},"content":{"rendered":"\n<p>The EUR\/JPY pair fell on Thursday, for the second straight day due to market sentiment that is turning sour, as portrayed by Wall Street\u2019s performance as the stocks market is expected  to finish the US session with losses.<br><br>The US Fed policymakers remain committed to crushing inflation. At the time of writing, the EUR\/JPY is trading at 142.24, down by 0.51%.<br><br>The EUR\/JPY daily chart portrays the pair\u2019s faced solid support at the 20-day EMA around 142.08. Even though Thursday\u2019s daily low was 141.95, sellers could not hold the fort, so the EUR\/JPY reclaimed 142.00. It should be noted that the Relative Strength Index (RSI) just crossed below the 7-day RSI\u2019s SMA, indicating that sell orders could be beginning to pile in the pair.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The EUR\/JPY pair fell on Thursday, for the second straight day due to market sentiment that is turning sour, as portrayed by Wall Street\u2019s performance as the stocks market is expected to finish the US session with losses.The US Fed policymakers remain committed to crushing inflation. At the time of writing, the EUR\/JPY is trading &hellip;<\/p>\n","protected":false},"author":13,"featured_media":73320,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37],"tags":[8188,6885],"class_list":["post-73624","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","tag-eur-jpy","tag-fed"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/73624","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=73624"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/73624\/revisions"}],"predecessor-version":[{"id":73628,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/73624\/revisions\/73628"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/73320"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=73624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=73624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=73624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}