OctaFX | OctaFX Forex Broker
Buka akaun dagangan

EUR/JPY Technical Analysis: Remains sidelined around the 10-day SMA near 118.30

  • EUR/JPY is prolonging the erratic price action so far this week and it is now fading yesterday’s pullback in tandem with increasing selling pressure around the Japanese safe haven.
  • The resumption of the selling bias carries the potential to drag the cross to another visit to 2019 lows in the mid-117.00s (August 12) ahead of the 2017 low at 114.85. This view is expected to remain well on the cards while below the immediate resistance line at 119.92.
  • On the way up, interim hurdle emerges at the 21-day SMA at 119.13 ahead of last week’s tops in the 119.60 region.

EUR/JPY daily chart


Germany’s Roettgen: There's no room for amending the withdrawal agreement

The German Conservative Party lawmaker and ally of Chancellor Angela Merkel, Norbert Roettgen, was on the wires earlier today, via Reuters, clarifying
Baca lagi Previous

US Dollar Index Technical Analysis: Rally faltered near 98.50 ahead of key events

Dollar Index Spot Overview Today last price 98.22 Today Daily Change 35 Today Daily Change % 0.06 Today daily open 98.16 Trends Daily SMA20 97.94 Dai
Baca lagi Next
Start livechat