OctaFX | OctaFX Forex Broker
সাইন-ইন
অ্যাকাউন্ট খুলুন
Back

Forex: EUR/JPY settles around 125.50

As most crosses in the FX market, EUR/JPY entered a sideways phase during the American session amid light volume due to the US holiday.

EUR/JPY rose to a daily high of 125.86 during the European trade amid yen weakness but lacked momentum to extend gains and pulled back to settle in a slim range for the rest of the day. At time of writing, EUR/JPY is trading around 125.40, up 0.3% on the day.

In terms of technical levels, Slobodan Drvenica, analyst at Windsor Brokers Ltd, sees next resistances at 125.88, 126.00 and 126.54, while he places supports at 125.10, 124.38 and 124.00.

Forex: NZD/USD hovering over 0.8450

The kiwi dollar is advancing on Monday, consolidating around the mid 0.84s after falling to the proximities of 0.8420 during the European morning...
আরও পড়ুন Previous

Forex: USD/JPY in the midst of a topping process?

The USD/JPY continues its resilience by floating around the 94.00 area. Some analysts like FXA partner David Solin still suspects the pair is providing indications of building what he calls a 'complex topping formation' above 94.00; he, however, does not rule out that since every market participant is monitoring the potential head and shoulder pattern develop, "it raises the risk that this ideal scenario does not work out" he said. The logic behind is that the more a pattern is followed by a broad-based audience, the riskier it is that it ends up working in one's favour
আরও পড়ুন Next
শুরু করুন লাইভ চ্যাট