Friday, October 16, 2026

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EUR/JPY 100-DMA props again, Bunds support for EUR waning

EUR/JPY 100-DMA support (134.15) props again 2nd day by the day's low (134.14) Massive surge in Bund yields that underpinned EUR til Wed is waning Overbought bearish divergence on dailies needs sub 134.10 close to confir…

By Jay L. Zagorsky
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • EUR/JPY 100-DMA support (134.15) props again 2nd day by the day's low (134.14)

  • Massive surge in Bund yields that underpinned EUR til Wed is waning

  • Overbought bearish divergence on dailies needs sub 134.10 close to confirm turn

  • Big resistance at 136.65-70

  • DAX rising for 2nd day, provides new short EUR hedging impetus if persists

  • Japan policy chief overnight arguing against QQE3 & more yen weakness for now

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By FxWirePro Team