- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- EUR/JPY Price Analysis: Plunges below 138.00 after buyers failure at around the 50-day EMA
EUR/JPY Price Analysis: Plunges below 138.00 after buyers failure at around the 50-day EMA
- The EUR/JPY remains heavy, extending its losses, also weighed by a falling EUR/USD, which is approaching parity.
- Sentiment is still negative; with Asian equities set to open lower, safe-haven flows will remain bid.
- EUR/JPY sellers stepped in around the 139.00 area and sent the pair sliding as they targeted a move towards the 100-day EMA around 136.00.
The EUR/JPY slumps below the 50-day EMA after last Friday’s buyers attempts to drag the pair above the 139.00 figure, though sellers regained control on Monday, courtesy of downbeat market sentiment sparked by the resurgence of covid-19 in China, as the US inflation data looms.
During Monday’s trading session, the EUR/JPY began trading around 138.50s, surging towards the daily high just above 139.15, tripping down afterward towards the daily low of the day at 137.88. At 137.90, the EUR/JPY stabilized as Tuesday’s Asian session began, almost flat.
EUR/JPY Daily chart
The EUR/JPY is upward biased, despite slipping through the 50-day EMA around 139.05. Nevertheless, oscillators residing in sellers’ territory, and pushing downwards, opens the door for a 100-day EMA test at 136.16. Regardless, the cross-currency might consolidate due to solid support around 137.20-60 and could form a bearish rectangle before aiming lower.
If that scenario plays out and the EUR/JPY breaks below, the first support would be 137.00. The break below would expose the 100-day EMA at 136.16. If that level is cleared, the next support would be the 200-day EMA at around 133.16.
EUR/JPY Key Technical 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
