• 805 days Will The ECB Continue To Hike Rates?
  • 805 days Forbes: Aramco Remains Largest Company In The Middle East
  • 807 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,207 days Could Crypto Overtake Traditional Investment?
  • 1,212 days Americans Still Quitting Jobs At Record Pace
  • 1,214 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,217 days Is The Dollar Too Strong?
  • 1,217 days Big Tech Disappoints Investors on Earnings Calls
  • 1,218 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,220 days China Is Quietly Trying To Distance Itself From Russia
  • 1,220 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,224 days Crypto Investors Won Big In 2021
  • 1,224 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,225 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,227 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,228 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,231 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,232 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,232 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,234 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…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

  1. Home
  2. Markets
  3. Other

EUR/JPY - Monitoring Support At 122.56

USD/JPY is trading lower. The road seems wide open towards strong support located at 108.13 (17/04/2017 low). Hourly resistance is given at 112.13 (24/05/2017 high). Other key supports lie at a distance 106.04 (11/11/2016 low).

We favor a long-term bearish bias. Support is now given at 96.57 (10/08/2013 low). A gradual rise towards the major resistance at 135.15 (01/02/2002 high) seems absolutely unlikely. Expected to decline further support at 93.79 (13/06/2013 low).

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment