• 1,010 days Will The ECB Continue To Hike Rates?
  • 1,011 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,012 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,412 days Could Crypto Overtake Traditional Investment?
  • 1,417 days Americans Still Quitting Jobs At Record Pace
  • 1,419 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,422 days Is The Dollar Too Strong?
  • 1,422 days Big Tech Disappoints Investors on Earnings Calls
  • 1,423 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,425 days China Is Quietly Trying To Distance Itself From Russia
  • 1,425 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,429 days Crypto Investors Won Big In 2021
  • 1,429 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,430 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,432 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,433 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,436 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,437 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,437 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,439 days Are NFTs About To Take Over Gaming?
Trade In Counterfeit Goods Hits Half A Trillion Dollars

Trade In Counterfeit Goods Hits Half A Trillion Dollars

The counterfeit market has breached…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

  1. Home
  2. Markets
  3. Other

EUR/JPY - End of Hopes of a Return to 97.50 Due to The Push Under 96.17

EUR/JPY broke the previous low at 95.60, approaching support at 94.00.

We remain focused on the longer-term structure which is dominated by a multi-month falling channel with support near 94.00. Ultimately we seek a break under this support, ahead of a potential recovery higher.

Back over 98.33 (28 June low) will neutralise our current bearish stance, in favour of a recovery higher.

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment