• 770 days Will The ECB Continue To Hike Rates?
  • 770 days Forbes: Aramco Remains Largest Company In The Middle East
  • 772 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,171 days Could Crypto Overtake Traditional Investment?
  • 1,176 days Americans Still Quitting Jobs At Record Pace
  • 1,178 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,181 days Is The Dollar Too Strong?
  • 1,181 days Big Tech Disappoints Investors on Earnings Calls
  • 1,182 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,184 days China Is Quietly Trying To Distance Itself From Russia
  • 1,184 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,188 days Crypto Investors Won Big In 2021
  • 1,188 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,189 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,192 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,192 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,195 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,196 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,196 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,198 days Are NFTs About To Take Over Gaming?
What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

  1. Home
  2. Markets
  3. Other

EUR/JPY - Challenging The Key Support at 135.73

EUR/JPY has broken to the downside its recent consolidation. Prices are now challenging the key support at 135.73. Hourly resistances for a short-term bounce can be found at 136.65 (09/10/2014 low) and 137.07 (10/10/2014 high). Another support lies at 134.41.

The long-term technical structure remains positive as long as the support at 134.11 (20/11/2013 low) holds. However, the declining slope of the 200-day moving average suggests a weakening long-term trend. A resistance can be found at 141.23 (19/09/2014 high).

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment