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31 Oct 2013
EUR/JPY down 1.2% on days trading
FXstreet.com (Barcelona) - Having posted an early Tokyo high at 135.39, EUR/JPY has tumbled today over 1.2%, to post a low at 1.33.66, where spot is currently trading.
EUR/JPY technical strength
Looking to the FXstreet.com propriatary Indicators, the OB/OS Index and the Trend Index, we can see that the pair is looking oversold and slightly bearish respectively. Hourly RSI is at 17 and the ADX is at 43. The 200-period SMA is right now at 134.5697 and flat. The exponential average closing price for the last 20 days is 133.8873 and is trending sideways.
How volatile has the EUR/JPY been?
2-Standard Deviation Volatility Bandwidth is 184 pips and expanding in the hourly chart, while the ATR(14) prints 14 pips. The average movement for this session has been of 11 pips per hour in the last 4 weeks.
What are todays key levels?
The central pivot point is located at 135.1893. Pivot supports for this pair are to be found at 134.9037 (S1), 134.4808 (S2) and 134.1952 (S3). Conversely, daily pivot resistances for this pair are to be found at 135.6122 (R1), 135.8978 (R2) and 136.3207 (R3). Special attention should be paid to the price range 134.22-134.56 where several technical levels are confluent today.
Key Events
EUR/USD extends losses on strong Chicago PMI
Session Recap: USD holds gains, EUR weighed by data
EU October Consumer Price Index (YoY) up 0.7%; Core CPI rises 0.8%
EMU: Unemployment Rate unchanged at 12.2% in September, against forecasts
EUR/JPY technical strength
Looking to the FXstreet.com propriatary Indicators, the OB/OS Index and the Trend Index, we can see that the pair is looking oversold and slightly bearish respectively. Hourly RSI is at 17 and the ADX is at 43. The 200-period SMA is right now at 134.5697 and flat. The exponential average closing price for the last 20 days is 133.8873 and is trending sideways.
How volatile has the EUR/JPY been?
2-Standard Deviation Volatility Bandwidth is 184 pips and expanding in the hourly chart, while the ATR(14) prints 14 pips. The average movement for this session has been of 11 pips per hour in the last 4 weeks.
What are todays key levels?
The central pivot point is located at 135.1893. Pivot supports for this pair are to be found at 134.9037 (S1), 134.4808 (S2) and 134.1952 (S3). Conversely, daily pivot resistances for this pair are to be found at 135.6122 (R1), 135.8978 (R2) and 136.3207 (R3). Special attention should be paid to the price range 134.22-134.56 where several technical levels are confluent today.
Key Events
EUR/USD extends losses on strong Chicago PMI
Session Recap: USD holds gains, EUR weighed by data
EU October Consumer Price Index (YoY) up 0.7%; Core CPI rises 0.8%
EMU: Unemployment Rate unchanged at 12.2% in September, against forecasts