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14 Oct 2019

EUR/JPY Technical Analysis: Upside looks capped by the 100-day SMA around 119.80

  • EUR/JPY met some importamt resistance in the 119.80 region on Friday, coincident with the 10-day SMA and fresh multi-week highs.
  • A break above this key level should open the door for a test of September’s peak just beyond 120.00 the figure.
  • The continuation of the bullish momentum could impulse the cross to the next target at July’s high at 123.35.

EUR/JPY daily chart

 

Oct 14, 2019

European Monetary Union Industrial Production w.d.a. (YoY) registered at -2.8%, below expectations (-2.5%) in August

European Monetary Union Industrial Production w.d.a. (YoY) registered at -2.8%, below expectations (-2.5%) in August
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Oct 14, 2019

US Dollar Index Technical Analysis: Decent contention emerged at the 55-day SMA near 98.30

Dollar Index Spot Overview Today last price 98.42 Today Daily Change 19 Today Daily Change % 0.09 Today daily open 98.33 Trends Daily SMA20 98.81 Dai
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