OctaFX | OctaFX Forex Broker
Open trading account

Forex: EUR/JPY fails to hold above 130.00

FXstreet.com (Córdoba) - The euro weakened across the board during the American session and surrendered gains obtained during the European trade versus the yen. EUR/JPY was rejected from a high of 130.35 and dropped over 100 pips before finding support and settling in a range where it has spent the last hours.

At time of writing, EUR/JPY is quoting around 129.50, 0.2% below its opening price. As for technical levels, next supports for the cross are seen at 129.22 (daily low), 129.00 (psychological level) and 128.70 (200-hour SMA). On the upside, resistances could be found at 130.35/40 (highs May 6/7) and 130.73 (high Apr 22).

Forex: EUR/USD muted around 1.3080/85

The shared currency is entering the last part of the NA session meandering around 1.3080/85 on Tuesday, retracing previous gains after upbeat German data lifted the cross above 1.3130...
Read more Previous

US: Consumer Credit rises by $7.97B in March

Read more Next
Start livechat