search

An incredible cashback rate!
40% of the spread!

Join Now

Will the Euro/Yen, which has rebounded, hold its gains? All eyes are on price movements during European trading hours.

Market Report

  1. homeHOME
  2. Market Report
  3. Will the Euro/Yen, which has rebounded, hold its gains? All eyes are on price movements during European trading hours.

Will the Euro/Yen, which has rebounded, hold its gains? All eyes are on price movements during European trading hours.

18.03.2026

Today's Highlights
  1. U.S. FOMC Policy Rate and Statement Announcement
  2. Press Conference by U.S. Federal Reserve Chair Powell

In the U.S. currency market yesterday, ahead of today’s BOC policy rate announcement, the Canadian dollar fluctuated against the yen. The CAD/JPY pair traded between 115.843 and 116.504. It moved within the range of the -3σ to +2σ Bollinger Bands on the hourly chart.On the 4-hour chart, prices have stopped falling as they find support at the 75-MA, while they are facing resistance at the 10-MA. On the daily chart, the pullback following a touch of the +2σ Bollinger Band has now continued for four business days.

Despite the European ZEW Economic Sentiment Index for March, released yesterday, falling to -8.5 from 39.4 the previous month, the euro rose against the yen. The euro/yen pair rose from 182.819 to 183.545.It broke above the resistance line formed by the 200-period simple moving average (SMA) on the hourly chart. On the 4-hour chart, as on the hourly chart, prices are being pushed higher near the upper resistance zone formed by the 200-period SMA, while on the daily chart, the 75-period moving average (MA) is acting as a support level, and the pair is currently rebounding for the second consecutive trading day.

Today’s schedule includes the Australian Westpac Leading Index at 8:30, Japan’s customs-based trade balance at 8:50, South Africa’s Consumer Price Index at 17:00, and the Eurozone’sConsumer Price Index, at 20:00 the U.S. MBA Mortgage Applications Index, at 21:30 the U.S. Producer Price Index and Canada’s International Securities Turnover, at 22:45 the Bank of Canada’s policy rate decision and statement, at 23:00 U.S. Durable Goods Orders,U.S. New Manufacturing Orders; at 23:30, U.S. Weekly Crude Oil Inventories and BOC Governor Macleam’s press conference; at 27:00, the U.S. FOMC policy rate announcement and statement; and at 27:30, a press conference by Fed Chair Powell.We will be closely monitoring price movements during European trading hours to see if the Euro/Yen, which has rebounded, can maintain its gains.

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 focused primarily 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 Watch for the U.S. Dollar—Now at Its Weakest—to Test New Lows?

Next Article

Will the pound, which has fallen against the U.S. dollar, test new lows? Keep an eye on price movements during European trading hours.
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 paying close attention to this feature.

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 for 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) have passed.

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