12 Jul 2014
EUR/JPY finishing on a bearish note
FXStreet (Guatemala) - EUR/JPY is trading at 137.81, down -0.02% on the day, having posted a daily high at 138.08 and low at 137.68.
EUR/JPY spot is in neutral territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bearish into the close. We now await the BoJ next week and a speech from Draghi on Monday. Looking to a daily chart, we see that RSI is neutral at 37.53 with some room to the downside to go if traders be so inclined.
EUR/JPY Levels
With spot trading at 137.85, we can see next resistance ahead at 137.91 (Weekly Low), 137.91 (Daily Open), 138.04 (Daily Classic PP), 138.08 (Daily High) and 138.13 (Weekly Classic S1). Support below can be found at 137.84 (Hourly 20 EMA), 137.83 (Monthly Low), 137.68 (Daily Low), 137.52 (Weekly Classic S2) and 137.50 (Yesterday's Low).
EUR/JPY spot is in neutral territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bearish into the close. We now await the BoJ next week and a speech from Draghi on Monday. Looking to a daily chart, we see that RSI is neutral at 37.53 with some room to the downside to go if traders be so inclined.
EUR/JPY Levels
With spot trading at 137.85, we can see next resistance ahead at 137.91 (Weekly Low), 137.91 (Daily Open), 138.04 (Daily Classic PP), 138.08 (Daily High) and 138.13 (Weekly Classic S1). Support below can be found at 137.84 (Hourly 20 EMA), 137.83 (Monthly Low), 137.68 (Daily Low), 137.52 (Weekly Classic S2) and 137.50 (Yesterday's Low).