Thursday, October 15, 2026

Technicals

Add as a preferred source on Google

FxWirePro: Selling pressure driving EUR/JPY back towards cloud base

EUR/JPY staged a remarkable recovery from the cloud base by 135.55 as "Risk on" sentiment drove the cross higher The pair peaked at 137.78, but was unable to sustain gains, where selling pressure brought it down to 136.4…

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

Read the original article

  • EUR/JPY staged a remarkable recovery from the cloud base by 135.55 as "Risk on" sentiment drove the cross higher

  • The pair peaked at 137.78, but was unable to sustain gains, where selling pressure brought it down to 136.48

  • Funding currencies like JPY, CHF and EUR are being offered across the board after the Greek deal triggered a rally in the risk assets across the board

  • EUR/JPY is currently trading at 136.65, 200-DMA by 136.48 offers immediate support, under which the cross could target the low of 136.15

  • On the flip side, resistance is seen at 137.28 (Jul 10 high) and 137.80 (Jul 13 high) 

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