• EUR/JPY Price Analysis: The 2022 peak is just around the corner

Noticias del mercado

17 octubre 2022

EUR/JPY Price Analysis: The 2022 peak is just around the corner

  • EUR/JPY surpasses the 145.00 yardstick to new tops on Monday.
  • Next on the upside appears the 2022 top at 145.65 (September 12).

EUR/JPY clinches new multi-week highs past the 145.00 level at the beginning of the week.

So far, the recovery appears underpinned by the 141.00 region, which stands as quite a decent support for the time being. The continuation of the uptrend could see the 2022 top at 145.63 (September 12) revisited in the near term.

In the meantime, while above the key 200-day SMA at 136.52, the constructive outlook for the cross should remain unchanged.

EUR/JPY daily chart

 

Enfoque del mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Abrir cuenta demo y página personal
Entiendo y acepto la Política de Privacidad y estoy de acuerdo con que mi nombre y datos de contacto sean procesados por TeleTrade y utilizados para contactarme en lo referente a: