Published: 2025-10-31T14:28:20.000Z
Chart EUR/JPY Update: Leaning lower
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Little change, as prices extend cautious trade within the broad 177.00 - 178.90 range
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 182.00 | historic congestion | S1 | 177.00 | break level | |||
| R3 | 181.00 | historic congestion | S2 | 176.00 | * | break level | ||
| R2 | 180.00 | ** | historic congestion | S3 | 175.00 | * | congestion | |
| R1 | 178.90 | ** | Sep 1990 high | S4 | 174.00 | ** | congestion |
Asterisk denotes strength of level
14:15 GMT - Little change, as prices extend cautious trade within the broad 177.00 - 178.90 range. Intraday studies are turning down and daily stochastics are coming under pressure, highlighting potential for a test of support at the 177.00 break level. But the positive daily Tension Indicator and rising weekly charts should limit any break in renewed buying interest above 176.00. Following cautious/corrective trade, fresh gains are looked for. However, a close above 178.90 is needed to turn sentiment and positive and extend long-term gains towards historic congestion around 180.00.