البورصةBourseBolsa股市AktienBorsaFinansФорексFXFinançasGiełdaΧρηματιστήριοBeursBörsPörssi금융
May 25, 2012 02:08PM GMT
     
 
  New York   London   Tokyo 
   
 

EUR/JPY: correction unfolding

By   |  Technical Analysis  |  Oct 17, 2011 05:14PM GMT  |  Add a Comment
 
The euroyen has started falling and it will probably fall further given the bearish resistance at the day's highs, which includes the 50-day MA. There is a cluster of support at the 105.10 level which could provide an initial target, after that, however, there is a possibility the exchange rate could bounce, possibly to as high as resistance at 106.50, in a wave 4 before 5 reaches back down to the 105 lows again.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data .

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
CFDs Quotes
 SPX 500 Futures1320.95-1.55-0.12%  
 NQ 100 Futures2531.30-4.95-0.20%  
 US 3012510.50-19.25-0.15%  
 DAX6316.00+0.11+0.00%  
 UK 1005336.00-14.05-0.26%  
 Japan 2258580.39+17.01+0.20%  
 US Dollar Index82.42-0.02-0.02%  
CFDs Quotes
 Gold1568.65+11.15+0.72%  
 Silver28.423+0.266+0.94%  
 Copper3.455+0.027+0.79%  
 Crude Oil91.03+0.36+0.40%  
 Natural Gas2.643-0.066-2.42%  
 US Cotton No.273.33-0.61-0.82%  
 US Coffee C167.80+2.27+1.37%  
 
 EUR/USD1.2534+0.0002+0.02%  
 GBP/USD1.5684+0.0015+0.10%  
 USD/JPY79.62+0.02+0.03%  
 USD/CHF0.9583-0.0003-0.03%  
 AUD/USD0.9788+0.0025+0.26%  
 USD/CAD1.0272+0.0003+0.02%  
 EUR/CHF1.2012-0.0001-0.00%  
CFDs Quotes
 Euro Bund144.22+0.24+0.17%  
 Euro BTP101.64-0.50-0.49%  
 Euro BOBL126.305+0.105+0.08%  
 UK Gilt119.58+0.12+0.10%  
 US 2 YR T-Note110.21+0.01+0.01%  
 US 10 YR T-Note133.65+0.28+0.21%  
 US 30 YR T-Bond147.64+0.53+0.36%  
 NamePriceChg.Chg. % 
 
 US 5 YR T-Note124.02+0.11+0.09% 
 US 30 YR T-Bond.147.61+0.50+0.34% 
 US 2 YR T-Note110.21+0.01+0.01% 
 US 10 YR T-Note.133.65+0.28+0.21% 
 UK Gilt119.56+0.11+0.09% 
 Short Sterling99.03+0.02+0.02% 
 Japan Govt. Bon.143.03-0.09-0.06% 
Webinar
Candlestick Charting and Pivot Trading 
May 28, 2012 11:00AM GMT
Mark de la Paz The myth about the fortune of Munehisa Homma the father of candlestick charting has been a draw to the approach for many...
 
Binary Options - vs - Forex 
May 28, 2012 04:00PM GMT
Oren Laurent What are the difference and similarities between binary options and FOREX? What are the advantages of each? If ...