Thursday, October 15, 2026

Technicals

Add as a preferred source on Google

FxWirePro: EUR/JPY attempting gains above 126 handle, awaits German Ifo data

EUR/JPY is attempting to break above strong trendline resistance at 126.20. The pair has broken above 38.2% Fib of 132.28 to 122.05 fall at 125.96 and has reclaimed the 126 handle. Markets focus on Euro area flash manufa…

By FxWire Pro
1 min read
EconoTimes — Reading the Times. Understanding the Future.

Read the original article

  • EUR/JPY is attempting to break above strong trendline resistance at 126.20.
     
  • The pair has broken above 38.2% Fib of 132.28 to 122.05 fall at 125.96 and has reclaimed the 126 handle.
     
  • Markets focus on Euro area flash manufacturing PMIs and German Ifo sentiment due ahead for further direction in the pair.
     
  • Resistances on the upside are seen at 126.45 (Mar 16th high), 126.62 (Mar 17th high) and 126.70 (Mar 15th highs).
     
  • On the flipside, supports are located at 125.26 (Mar 18th lows), 125.21 (Mar 21st lows) and 124.77 (trendline).
     

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