Friday, October 16, 2026

Technicals

Add as a preferred source on Google

EUR/JPY bias for 128.52 fibo level

Underlying scope for 128.52; once it takes 129.00 128.52 - 38.2% retrace of the 94.12 to 149.49 - 2012 to 2014 gains Long black candlestick line on Tues weighs heavily on the market Tenkan & kijun lines are aligned negat…

By Meredith J C Warren
1 min read
EUR/JPY bias for 128.52 fibo level
Image from the original EconoTimes article

Read the original article

  • Underlying scope for 128.52; once it takes 129.00

  • 128.52 - 38.2% retrace of the 94.12 to 149.49 - 2012 to 2014 gains

  • Long black candlestick line on Tues weighs heavily on the market

  • Tenkan & kijun lines are aligned negatively, adding to the bearish structure

 

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560

By FxWirePro Team