Friday, October 16, 2026

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EUR/JPY 129.29 low is at the daily Tenkan

Source: Thomson Reuters Daily Tenkan today's springboard for EUR/JPY, 129.29 low is at the daily Tenkan Pair's daily range is wholly above daily Tenkan for the 1st time since Feb 13 Resistance at 38.2% of 136.70-126.915 …

By Jay L. Zagorsky
1 min read
EUR/JPY 129.29 low is at the daily Tenkan
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Source: Thomson Reuters


  • Daily Tenkan today's springboard for EUR/JPY, 129.29 low is at the daily Tenkan

  • Pair's daily range is wholly above daily Tenkan for the 1st time since Feb 13

  • Resistance at 38.2% of 136.70-126.915 at 130.65, pair yet to be closed above

  • Daily Kijun at 131.57 is by Mar 18 spike high at 131.67

  • Further crucial resistances are at  50% Fibo & weekly Tenkan by 131.80

  • Oversold weekly buys have room, dailies closer to overbought but no topping signs yet

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