• 789 days Will The ECB Continue To Hike Rates?
  • 789 days Forbes: Aramco Remains Largest Company In The Middle East
  • 791 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,191 days Could Crypto Overtake Traditional Investment?
  • 1,195 days Americans Still Quitting Jobs At Record Pace
  • 1,197 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,200 days Is The Dollar Too Strong?
  • 1,201 days Big Tech Disappoints Investors on Earnings Calls
  • 1,202 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,203 days China Is Quietly Trying To Distance Itself From Russia
  • 1,204 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,208 days Crypto Investors Won Big In 2021
  • 1,208 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,209 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,211 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,211 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,215 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,215 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,215 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,218 days Are NFTs About To Take Over Gaming?
Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

  1. Home
  2. Markets
  3. Other

EUR/JPY: Moving Lower

EUR/JPY has breached its support at 141.50. The break to the downside from the recent horizontal range favours further short-term weakness. However, monitor the test of the support at 140.92. Another support stands at 138.43. Hourly resistances are at 142.41 (intraday high) and 143.17.

The long-term technical structure remains positive as long as the support at 131.15 (08/10/2013 low) holds. However, the deep overbought conditions suggest some caution. A resistance lies at 147.04 (16/09/2008 low).

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment