Thursday, October 15, 2026

Technicals

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EUR/JPY rising, Yen slide main driver

EUR/JPY builds off last week's 38.2% correction, resets overbought RSIs Yen slide main driver today as weak JP Trade volumes favor BOJ QQEs Jun 12's 138 low completed 38.2% of late May-Jun uptrend Crucial hurdles are Jun…

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

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  • EUR/JPY builds off last week's 38.2% correction, resets overbought RSIs

  • Yen slide main driver today as weak JP Trade volumes favor BOJ QQEs

  • Jun 12's 138 low completed 38.2% of late May-Jun uptrend 

  • Crucial hurdles are Jun peaks at 141.03/06; bigger buy stops beyond

  • Unwinding of short EUR hedges tied to Bunds & DAX losses still helping

  • Offers into Tues's 140.005 high; stops above from recent short spec recs

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By FxWirePro Team