© 1982-2022 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial
EUROZONE ISSUANCE

EGB Supply For W/C June 20, 2022 (2/2)

EUROZONE ISSUANCE

EGB Supply For W/C June 20, 2022 (1/2)

USDJPY TECHS

Trend Outlook Remains Bullish

EUROZONE T-BILL ISSUANCE

W/C 20 June, 2022

EURGBP TECHS

Bullish Outlook

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
Trending Top 5
Topics

The 144.25 Bull Trigger Remains Exposed

EURJPY TECHS
Foreign Exchange Technical Analysismarkets-real-timeBulletMarketsForeign Exchange
  • RES 4: 146.74 High Dec 30, 2014
  • RES 3: 145.00/58 Round number resistance / High Dec 31 2014
  • RES 2: 144.58 0.764 proj of Mar 7 - 28 - Apr 5 swing
  • RES 1: 144.25 High Jun 8 and the bull trigger
  • PRICE: 143.29 @ 06:56 BST Jun 23
  • SUP 1: 140.62 20-day EMA
  • SUP 2: 138.29/37.85 50-day EMA and key support / Low Jun 16
  • SUP 3: 136.25 Low May 30
  • SUP 4: 134.99 Low May 25

EURJPY maintains a bullish outlook following this week’s gains and the extension of the bull run from 137.85, Jun 16 low. This has exposed the bull trigger at 144.25, Jun 8 high. Clearance of this hurdle would confirm a resumption of the primary uptrend and open the 145.00 handle. Moving average studies remain in bull mode, clearly highlighting current bullish sentiment. Initial firm support is seen at 140.62, the 20-day EMA.

145 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.
  • RES 4: 146.74 High Dec 30, 2014
  • RES 3: 145.00/58 Round number resistance / High Dec 31 2014
  • RES 2: 144.58 0.764 proj of Mar 7 - 28 - Apr 5 swing
  • RES 1: 144.25 High Jun 8 and the bull trigger
  • PRICE: 143.29 @ 06:56 BST Jun 23
  • SUP 1: 140.62 20-day EMA
  • SUP 2: 138.29/37.85 50-day EMA and key support / Low Jun 16
  • SUP 3: 136.25 Low May 30
  • SUP 4: 134.99 Low May 25

EURJPY maintains a bullish outlook following this week’s gains and the extension of the bull run from 137.85, Jun 16 low. This has exposed the bull trigger at 144.25, Jun 8 high. Clearance of this hurdle would confirm a resumption of the primary uptrend and open the 145.00 handle. Moving average studies remain in bull mode, clearly highlighting current bullish sentiment. Initial firm support is seen at 140.62, the 20-day EMA.