Thursday, October 15, 2026

Technicals

Add as a preferred source on Google

FxWirePro: EUR/JPY breaks above major resistance zone 114.73-80, good to go long on dips

EUR/JPY has shown a clear breakout above 50-DMA. The pair has also broken above major resistance zone at 114.73-80. Momentum studies are bullish, Stochs and RSI are biased higher. Major support levels - 114.73 (double to…

By FxWirePro Team
1 min read
FxWirePro: EUR/JPY breaks above major resistance zone 114.73-80, good to go long on dips
Image from the original EconoTimes article

Read the original article

  • EUR/JPY has shown a clear breakout above 50-DMA.
     
  • The pair has also broken above major resistance zone at 114.73-80.
     
  • Momentum studies are bullish, Stochs and RSI are biased higher.
     
  • Major support levels - 114.73 (double top), 114.32 (50-DMA), 114.
     
  • Major resistance levels - 115, 115.50 (June 16 low), 116.03 (cloud base).
    ​

Recommendation: Good to go long on dips around 114.80, SL: 114.30, TP: 115.50/ 115.75
 

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