News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
More View more
Real Time News
  • 🇬🇧 Markit/CIPS UK Services PMI Flash (SEP) Actual: 54.6 Expected: 55 Previous: 55.0 https://www.dailyfx.com/economic-calendar#2021-09-23
  • 🇬🇧 Markit/CIPS Manufacturing PMI Flash (SEP) Actual: 56.3 Expected: 59 Previous: 60.3 https://www.dailyfx.com/economic-calendar#2021-09-23
  • 🇬🇧 Markit/CIPS Composite PMI Flash (SEP) Actual: 54.1 Expected: 54.5 Previous: 54.8 https://www.dailyfx.com/economic-calendar#2021-09-23
  • Heads Up:🇬🇧 Markit/CIPS UK Services PMI Flash (SEP) due at 08:30 GMT (15min) Expected: 55 Previous: 55.0 https://www.dailyfx.com/economic-calendar#2021-09-23
  • Heads Up:🇬🇧 Markit/CIPS Manufacturing PMI Flash (SEP) due at 08:30 GMT (15min) Expected: 59 Previous: 60.3 https://www.dailyfx.com/economic-calendar#2021-09-23
  • Heads Up:🇬🇧 Markit/CIPS Composite PMI Flash (SEP) due at 08:30 GMT (15min) Expected: 54.5 Previous: 54.8 https://www.dailyfx.com/economic-calendar#2021-09-23
  • Based on the Committee’s current assessment of the outlook and balance of risks, the policy rate will most likely be raised further in December $nok
  • Norges Bank - The policy rate forecast implies gradual rate rise in coming years - Policy rate path is a little higher than in the June 2021 report https://t.co/QWPFiAICSI
  • 🇵🇭 Interest Rate Decision Actual: 2% Expected: 2% Previous: 2% https://www.dailyfx.com/economic-calendar#2021-09-23
  • 🇳🇴 Norges Bank Interest Rate Decision Actual: 0.25% Expected: 0.25% Previous: 0% https://www.dailyfx.com/economic-calendar#2021-09-23
Forex Analysis: EUR/JPY Classic Technical Report 12.24.2012

Forex Analysis: EUR/JPY Classic Technical Report 12.24.2012

Ilya Spivak, Head Strategist, APAC

Prices are edging lower after putting in a bearish Dark Cloud Cover candlestick pattern. Initial support is at 110.71, the 14.6% Fibonacci retracement. A break below that targets the 23.6% level at 109.62. Near-term term resistance is at 112.49, the December 19 high.

Forex_Analysis_EURJPY_Classic_Technical_Report_12.24.2012_body_Picture_1.png, Forex Analysis: EUR/JPY Classic Technical Report 12.24.2012

8hr Chart - Created Using FXCM Marketscope 2.0

--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com

To contact Ilya, e-mail ispivak@dailyfx.com. Follow Ilya on Twitter at @IlyaSpivak

To be added to Ilya's e-mail distribution list, please CLICK HERE

New to FX? Watch this Video. For live market updates, visit the Real Time News Feed

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES