OctaFX | OctaFX Forex Broker
Open trading account
Back

EUR/JPY: Attention on the 115.87 September low – Commerzbank

EUR/JPY’s outlook remains negative while capped by the downtrend, which lies at 120.30, in the opinion of Karen Jones from Commerzbank.

Key quotes

“Our attention is currently on the 115.87 September low. A close below 115.87 will introduce scope to the 109.30 June 2016 low.”

“The downtrend guards the 121.50 resistance.”

 

EUR/USD: Typical dead cat bounce over

EUR/USD is holding onto its range in a typical "dead cat bounce" move but that may change. Tuesday's four-hour chart is pointing to the downside, as F
Read more Previous

EUR/CHF: Daily RSI has not confirmed the 1.0538 low – Commerzbank

EUR/CHF recently failed ahead of the 55 day ma, currently at 1.0692, and remains under pressure while capped here, in the opinion of Karen Jones from
Read more Next
Start livechat