Friday, October 16, 2026

Technicals

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FxWirePro- Currency Strength Index (4- Hour chart)- Currency pairs to watch (EURUSD and EURJPY) for the day)

Pair Value Recommendation EURUSD 359.25 Strong Buy EURJPY 359.74 Strong Buy EURJPY Major resistance- 148 Near-term support- 147 Trend reversal level- 148.65 EURUSD Major resistance- 1.1070 Near-term support- 1.1000 Trend…

By FxWirePro Team
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EconoTimes — Reading the Times. Understanding the Future.

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Pair Value Recommendation
EURUSD 359.25 Strong Buy
EURJPY 359.74 Strong Buy

EURJPY

Major resistance- 148

Near-term support- 147

Trend reversal level-  148.65

EURUSD

Major resistance- 1.1070

Near-term support- 1.1000

Trend reversal level-  1.0930

Above (-150): Sell 

Above (-300): Strong Sell 

Above 150: Buy

Above 300: Strong Buy

 

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By FxWirePro Team