- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- EUR/JPY Price Analysis: Retreats from 23.6% Fibonacci retracement level
EUR/JPY Price Analysis: Retreats from 23.6% Fibonacci retracement level
- EUR/JPY declines for the second consecutive session on Thursday.
- BOJ and ECB rate decisions will set the course of trade for the pair.
- Momentum oscillator signals caution before placing any aggressive bids.
EUR/JPY edges lower on Thursday in the early Asian session. The pair opened higher but fizzled out quickly to test the intraday low of 131.92. At the time of writing, EUR/JPY is trading at 131.99, down 0.08% for the day.
EUR/JPY daily chart
-637709781227163437.png)
On the daily chart, the EUR/JPY cross-currency pair peaked at a four-month high near 133.50 on October 20, before testing the low of 131.58 in the previous session. The pair breaks below the 23.6% Fibonacci retracement level, which extends from the low of 127.92 at 132.21.
If the price sustains below the intraday low it could re-test the low of 131.58 made a day earlier. The Moving Average Convergence (MACD) indicator holds above the overbought zone. Any downtick in the MACD would prompt EUR/JPY bears to meet the October 14 low of 131.26. Upon successful testing of the mentioned level, the spot might extend the losses toward the 50% Fibonacci retracement level at 130.75.
Alternatively, if the price reverses direction it could move back to the 132.50 horizontal resistance level. Next, the market participants would keep their eyes on the psychological 133.00 mark, followed by the four-month high of 133.48.
EUR/JPY additional levels
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
