Trial now
HUNGARY

NBH To End QE Shortly To Strengthen Tightening Cycle

BONDS

European roll afternoon update

DATA REACT

US Nov ADP Doesn't Change Nonfarms Narrative

PIPELINE

T-Mobile, Sysco on Tap

MNI EXCLUSIVE

Dallas Fed Research Director On Omicron Impact

Sign up now for free access to this content.

Please enter your details below and select your areas of interest.

  • RES 4: 132.56 High Nov 4
  • RES 3: 131.59 High Nov 5
  • RES 2: 130.55 50-day EMA
  • RES 1: 129.99/130.12 High Nov 19 / High Nov 16
  • PRICE: 129.32 @ 15:59 GMT Nov 25
  • SUP 1: 127.98/93 Low Nov 19 / Low Sep 22 and a key support
  • SUP 2: 127.28 1.00 proj of the Jun 1 - Sep 22 - Oct 20 price swing
  • SUP 3: 127.04 Low Feb 15
  • SUP 4: 126.65 Low Feb 10

EURJPY is consolidating and remains above last week's 127.98 low. The short-term outlook is bearish. Recent weakness has resulted in a probe of 128.33, Oct 6 low. A clear break would leave 127.93 exposed, Sep 22 low and a key support. A break would confirm an important technical breach and open 127.28, a Fibonacci projection level. 129.99, the Nov 19 high marks initial resistance. A break is needed to ease bearish pressure.