search

An incredible cashback rate!
40% of the spread!

Join Now

Should We Wait and See How Far the Euro-Pound, Which Has Been Rebounding Rapidly, Will Rise?

Market Report

  1. homeHOME
  2. Market Report
  3. Should We Wait and See How Far the Euro-Pound, Which Has Been Rebounding Rapidly, Will Rise?

Should We Wait and See How Far the Euro-Pound, Which Has Been Rebounding Rapidly, Will Rise?

23.07.2025

Today's Highlights
  1. European Consumer Confidence Index
  2. U.S. Weekly Crude Oil Inventories

In the U.S. currency market the previous day, the Canadian dollar weakened against the yen. The CAD/JPY pair fell from 108.063 to 107.185.The price fell from the +3σ to the -3σ levels on the hourly Bollinger Bands. On the 4-hour chart, the pair rebounded after encountering resistance at the 20-period moving average (MA), and on the daily chart, it briefly broke below the 10-period MA support line. However, since the pair hit a new high yesterday during Asian trading hours today, traders should pay close attention to price movements during U.S. trading hours.

Among European currencies, the euro rose against the pound. The euro/pound pair rose from 0.8661 to 0.8693. It moved from below the 20-period moving average (MA) on the hourly chart to above it.On the 4-hour chart, prices are rising while finding support at the 20-period moving average (MA), and on the daily chart, an uptrend along the 10-period MA has been continuing since early last month. It remains to be seen whether prices will reach the year-to-date high set in April; we should keep a close eye on the euro’s upside potential.

Today’s economic indicators include the Australian Westpac Leading Index at 9:30, remarks by Bank of Japan Deputy Governor Uchida at 10:30, Japanese machine tool orders at 15:00, the South African Consumer Price Index at 17:00, the U.S. MBA Mortgage Applications Index at 20:00,at 11:00 p.m., the Eurozone Consumer Confidence Index and U.S. Existing Home Sales; at 11:30 p.m., U.S. Weekly Crude Oil Inventories; and at 2:00 a.m., a U.S. 20-year Treasury bond auction. We intend to cautiously monitor the upside potential of the EUR/GBP pair, which has been showing a remarkable recovery.

桜井 慶介

Author: Keisuke Sakurai

He has over 10 years of experience in FX trading. In the financial sector, he has been involved in investment management with a particular focus on foreign exchange markets and has experience as an asset management advisor. Drawing on his extensive experience, he specializes in technical and fundamental analysis.

Previous Article

Should We Wait and See How Far the Euro Will Rise After Gaining Ground Against the Japanese Yen?

Next Article

Will the euro regain strength following the ECB announcement? Keep an eye on price movements around the time of the data release.
alert
Notification Settings
close

If you're using iOS

iOSをご利用の場合

If you're using iOS, tap the "Add/Save" icon at the bottom of Safari and select "Add to Home Screen." Once you've added it to your Home Screen, you can turn on "Receive Push Notifications" as shown above.

Click here for detailed instructions

If you're using an Android device or a PC

Android、PCをご利用の場合

If you're using an Android device or a PC, you can simply turn on "Receive push notifications" as shown above without installing the app. (If your browser asks for permission, please select "Allow.")

You can find instructions on how to add this to your smartphone's home screen below.

Click here for detailed instructions
USDJPY
XAUUSD
BTCUSD
USDJPY
XAUUSD
BTCUSD
Close
Click here for explanations of each notification
arrow Return to Notification Settings
close
Details of Each Notification
line Receive key metrics and announcements

You will receive notifications about key metrics and limited-time promotions. If you turn this feature off, you may not be able to participate in limited-time promotions.

line Received a round number notification

A feature that sends notifications when a price reaches a round number. Receiving these notifications helps traders capitalize on trading opportunities and manage risk, which is why many traders are taking notice.

polygon USDJPY

Notifications are sent for every 100 pips (1 JPY) (e.g., 1 USD = 147 JPY, 1 USD = 148 JPY, etc.). Notifications for the same exchange rate are reset after 3 days (72 hours) have passed.

polygon XAUUSD

Notifications are sent every 500 pips (50 USD) (e.g., $3,000, $3,050, etc.). Notifications for the same rate are reset after 3 days (72 hours) have passed.

polygon BTCUSD

Notifications are sent every 5,000 USD (e.g., 110,000 USD, 115,000 USD, etc.). Notifications for the same exchange rate are reset after 3 days (72 hours).

line Received notification of a sudden price fluctuation (sharp rise or fall in the exchange rate)

Receive real-time notifications of price fluctuations for USD/JPY, gold, and Bitcoin. Never miss a trading opportunity, even when you're on the go, and place orders that instantly respond to market conditions.

polygon USDJPY

You will receive a notification when there is a fluctuation of 30 pips (0.3 JPY) or more within 10 minutes (sharp rise or sharp drop). After that, notifications for sudden fluctuations under the same conditions will be suspended for 1 hour.

polygon XAUUSD

You will receive a notification when the price fluctuates by more than 20 USD within an hour (sharp rise or sharp drop). After that, notifications for sudden price fluctuations under the same conditions will be paused for 4 hours.

polygon BTCUSD

You will receive a notification when the price fluctuates by more than 2,000 USD within one hour (sharp rise or sharp drop). After that, notifications for sudden price fluctuations under the same conditions will be suspended for 4 hours.

Return to Notification Settings