EUR/JPY may rise to 169.19 - 172.26
BY Trading Central
|octubre 22, 2024ST: the upside prevails as long as 158.78 is support
Our pivot point is at 158.78.
Our preference
The upside prevails as long as 158.78 is support.
Alternative scenario
Below 158.78, expect 153.64 and 150.59.
Comment
The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 161.56 and 160.95).
Supports and resistances
178.38 **
175.32 *
172.26 **
169.19
163.01 last
160.80
158.78 **
153.64 *
150.59 **
Number of asterisks represents the strength of support and resistance levels.
© 2024 Trading Central. All Rights Reserved. The information contained herein: (1) is proprietary to Trading Central and/or its content providers; (2) may not be copied or distributed; (3) is not warranted to be accurate, complete or timely; and, (4) does not constitute advice or a recommendation by TIO Markets Ltd, Trading Central or its content providers in respect of the investment in financial instruments. Neither TIO Markets Ltd nor Trading Central nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
Pricing, historical chart data and fundamental company data are provided by Morningstar Research Inc.
Technical Event® is a registered trademark of Trading Central.
Trading Central products and services are protected under U.S. Patent Nos.: 6,801,201; 7,469,226; 7,469,238; 7,835,966; and 7,853,506; and corresponding foreign patents.
Join us on social media
Related Posts
undefined