提供最佳价差和条件
关于平台
交易新闻
Back
1 Apr 2015
EUR/JPY drops below 129
FXStreet (Mumbai) - The shared currency pared gains, thereby pushing the EUR/JPY below 129.00 levels ahead of the German and the Eurozone PMI reports.
Rejected by 5-DMA
The pair was rejected by 5-DMA located at 129.44 as the markets sold EUR on Greek concerns. The weaker-than-expected Spanish PMI reports failed to have a significant impact on the EUR pairs. Moreover, the index stayed above 50.00, indicating expansion.
Investors now await the German and Eurozone final PMI reports for March. A weaker-than-expected data could weigh on the EUR/JPY pair.
EUR/JPY Technical Levels
The immediate resistance is seen at 129.01, above which gains could be extended to 129.44 (5-DMA). On the flip side, support is seen at 128.59, under which losses could be extended to 128.35.
Rejected by 5-DMA
The pair was rejected by 5-DMA located at 129.44 as the markets sold EUR on Greek concerns. The weaker-than-expected Spanish PMI reports failed to have a significant impact on the EUR pairs. Moreover, the index stayed above 50.00, indicating expansion.
Investors now await the German and Eurozone final PMI reports for March. A weaker-than-expected data could weigh on the EUR/JPY pair.
EUR/JPY Technical Levels
The immediate resistance is seen at 129.01, above which gains could be extended to 129.44 (5-DMA). On the flip side, support is seen at 128.59, under which losses could be extended to 128.35.