Friday, October 16, 2026

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EUR/JPY losing Bunds' support; techs heavy; yen doubts

EUR is losing recent support as Bund yields retreating & DAX rebounding Greek deal headlines conflicted as usual with IMF doubtful, EG hopeful Key supports 138.02-11 below Wed's 138.44 low Rough double-top above 141 & be…

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

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  • EUR is losing recent support as Bund yields retreating & DAX rebounding 

  • Greek deal headlines conflicted as usual with IMF doubtful, EG hopeful

  • Key supports 138.02-11 below Wed's 138.44 low

  • Rough double-top above 141 & bearish RSI divergence being worked off

  • Yen's rebound Wed on Kuroda waning, but short yen specs are nervous

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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