- Analytics
- News and Tools
- Market News
- EUR/JPY to see strength back to and then above the 144.26 current cycle high – Credit Suisse
EUR/JPY to see strength back to and then above the 144.26 current cycle high – Credit Suisse
EUR/JPY has held support from its 55-day moving average at 137.58. Analysts at Credit Suisse look for strength back to the 144.15/26 highs and then above.
Support at 140.68/58 to hold for a retest of resistance at 144.15
“Resistance is seen at the 78.6% retracement of the recent sell-off at 142.81/89, above which should clear the way for a retest of the 144.15/26 high and Fibonacci projection resistance. An eventual break above here in due course should then see resistance next at 144.96/145.00 and eventually the 149.78 high of 2015.”
“Support is seen at 141.45 initially, then 141.02. A break can see a pullback to the 13-day exponential average and price pivot at 140.68/58, but with this now ideally proving a solid floor.”
© 2000-2026. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
