EUR/JPY maintains 132.40 front

FXstreet.com (Chicago) - EUR/JPY continues trading close to immediate supports shortly after the release of Japanese facts and Tokyo’s opening.

Japan just released its bank lending levels at 2% matching prior results. Current account results were 587.3B vs. prior 161.5B and expected 400B. Trade balance results were -874.8B vs. past -885.9B. Markets in Europe are closed.

EUR/JPY Technical Levels

Technically speaking, the pair attempts bullish move after correcting for a couple of hours sustaining performance and printing higher lows and highs. Glued to immediate support, the pair trades at 132.40 and oscillates between the supports aligned at 132.40 (November 5th lows), 131.67 (September 29th lows) followed by 131.14 (October 6th lows) and the resistances set at 132.79 (October 15th lows), 133.31 (November 4th highs) ahead of 133.74 (November 7th highs). According to the FXstreet.com trend index, the pair is

Japan September Trade Balance - BOP Basis improves to ¥-874.8B vs ¥-885.9B

Đọc thêm Previous

ECB members divided on policy tools

Divisions between the German-led arm of the ECB board and the southern European countries are growing after the policy decision taken by its President Mario Draghi, who cut the benchmark lending rate by 25 basis points.
Đọc thêm Next