2.31%C 7.40 5.37%QQQQ 27.81 2.83%
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Forex Search
| Global Interest Rates | |||
 Australia |
4.25% | ||
 Canada |
2.25% | ||
 EMU |
2.5% | ||
 Japan |
0.3% | ||
 Swiss |
1% | ||
 England |
2% | ||
 US |
1% | ||
Data by fxstreet.com
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Technicals
Technical analysis for crosses(EUR/JPY)-5/16/2008
16 May, 2008 @ 03:44 am EST
The Euro declined against the Yen yesterday and continued to move towards the downside today as well, on intraday basis the pair might further drop according to the momentum indicators as they indicates the pair might need to gather more momentum in order to gain back again, the level at 161.06 offers good demand and might lead the pair to reverse its downside wave but the pair would have to breach the 161.81 to confirm any further upside waves.
| |||||
| Support | 161.47 | 161.06 | 160.73 | 160.41 | 159.98 |
| Resistance | 161.81 | 162.17 | 162.56 | 162.94 | 163.29 |
Recommendation | ... | ||||
Comments
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