Published: 2025-12-10T14:36:05.000Z
Chart EUR/JPY Update: Balanced beneath fresh year highs - studies improving
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Little change, as unwinding overbought intraday studies prompt fresh consolidation beneath the fresh year high around 182.65
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 187.35 | ** | 50% ret of 1979-2000 fall | S1 | 182.00 | * | break level | |
| R3 | 185.00 | * | figure | S2 | 181.00 | ** | congestion | |
| R2 | 183.00 | * | figure | S3 | 180.00 | ** | historic congestion | |
| R1 | 182.65~ | 9 Dec YTD high | S4 | 179.00 | * | break level |
Asterisk denotes strength of level
14:25 GMT - Little change, as unwinding overbought intraday studies prompt fresh consolidation beneath the fresh year high around 182.65. Daily stochastics are rising and the daily Tension Indicator is improving, suggesting room for further gains in the coming sessions. A close above resistance at 183.00 will further improve sentiment and extend long-term gains towards 185.00. Meanwhile, support is raised to the 182.00 break level. A close back beneath here would turn sentiment neutral and prompt consolidation around congestion at 181.00.