
EURJPY retains downside pressure with eyes on 125.53 zone. Support comes in at the 125.50 level where a break if seen will aim at the 125.00 level. A cut through here will turn focus to the 124.50 level and possibly lower towards the 124.00 level. Its daily RSI is bearish and pointing lower suggesting further weakness. On the upside, resistance resides at the 126.50 level. Further out, we envisage a possible move towards the 127.00 level. Further out, resistance resides at the 127.50 level with a turn above here aiming at the 128.00 level. On the whole, EURJPY faces further price weakness in the short term.
Written by Admin
Product categories
Finance news
![]() Baidu’s robotaxis don’t need any human staff in these parts of ChinaChinese tech company Baidu announced Monday it can sell some robotaxi rides without any human ... Read More Fed Governor Bowman sees ‘similarly sized’ rate hikes ahead after three-quarter point movesFederal Reserve Governor Michelle Bowman said Saturday she supports the central bank's recent big rate ... Read More Danger ahead: The U.S. economy has yet to face its biggest recession challengeYou'd be hard-pressed now to find a recession in the rearview mirror. What's down the ... Read More |
Product tags
automated trading best forex ea best forex robot EA for Mt4 Forex advisor ADX indicator forex advisor CCI forex EA free forex expert advisor forex robot 2021 forex robot free download forex scalper robot forex software free EA Keltner channel autotrading forex robot moving average robot mq4 file mq4 trading robot scalping bot forex