Thursday, October 15, 2026

Technicals

Add as a preferred source on Google

FxWirePro: EUR/JPY extends range trade for 2nd consecutive day, finds strong support at 113.75

EUR/JPY is extending range trade for a 2nd consecutive day, with day's high at 114.81 and low at 114.06. The pair fell to 113.88, the lowest since July 12 after BoJ disappointed by holding interest rates, JGB purchases a…

By FxWire Pro
1 min read
FxWirePro: EUR/JPY extends range trade for 2nd consecutive day, finds strong support at 113.75
Image from the original EconoTimes article

Read the original article

  • EUR/JPY is extending range trade for a 2nd consecutive day, with day's high at 114.81 and low at 114.06.
     
  • The pair fell to 113.88, the lowest since July 12 after BoJ disappointed by holding interest rates, JGB purchases and monetary base unchanged.
     
  • Downside finds major trendline support at 113.75, further weakness only on break below.
     
  • Intraday bias is neutral. Stochs on daily charts are at oversold so some reversal likely.
     
  • Break below 113.75 could drag the pair to 113 and violation there could see test of 112.40.
     
  • On the flipside, break above 5-DMA resistance at 115.17 could see gains upto 116.25 (trendline) and then 117.25 (50-DMA).
     

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