Back
20 Feb 2014
EUR/JPY offered, awaiting European PMI’s
FXStreet (Guatemala) - EUR/JPY is trading at the mid point of the recent sessions play today, 140.27 currently.
EUR/JPY is slightly offered through a series of modestly benign Japanese data, Imports came in positive at 25.05% vs 21.8% while the deficit deteriorated further. EUR/JPY can now await ricochet’s that may come from the Chinese HSBC/Markit flash manufacturing PMI for February as being the only highlight in Asia ahead of European markets PMI results in Manufacturing and Services.
EUR/JPY Levels
The 20 DMA is 139.42, the 50 DMA is 141.22 and the 200 DMA is 134.34. RSI (14) reads 52.19. Supports are ascending from 138.96, 139.46, 140.01 and 140.26. Spot is 140.28 while resistances are 141.03, 141.26, 141.77 and 142.07.
EUR/JPY is slightly offered through a series of modestly benign Japanese data, Imports came in positive at 25.05% vs 21.8% while the deficit deteriorated further. EUR/JPY can now await ricochet’s that may come from the Chinese HSBC/Markit flash manufacturing PMI for February as being the only highlight in Asia ahead of European markets PMI results in Manufacturing and Services.
EUR/JPY Levels
The 20 DMA is 139.42, the 50 DMA is 141.22 and the 200 DMA is 134.34. RSI (14) reads 52.19. Supports are ascending from 138.96, 139.46, 140.01 and 140.26. Spot is 140.28 while resistances are 141.03, 141.26, 141.77 and 142.07.