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11 Apr 2019

EUR/JPY Technical Analysis: Upside still capped by the 125.60 region

  • EUR/JPY is extending the consolidative stance in the upper end of the weekly range, with gains so far capped by peaks in the 125.60 region.
  • A breakout of this pattern should put back on the radar the 100-day SMA at 125.89 ahead of the key short-term resistance line, today at 126.07. The cross needs to leave behind this area of resistance to alleviate the downside pressure.
  • Further north, the next hurdle emerges at the 2019 highs in the 127.50 region.

EUR/JPY daily chart

 

 

Apr 11, 2019

GBP/JPY Technical Analysis: Bulls eyeing a sustained break through descending trend-channel hurdle

• The cross built on this week's recovery move from support marked by the lower end of over one-week-old descending trend-channel and traded with a p
Devamını oku Previous
Apr 11, 2019

Sweden Consumer Price Index (YoY) came in at 1.9%, above forecasts (1.8%) in March

Sweden Consumer Price Index (YoY) came in at 1.9%, above forecasts (1.8%) in March
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