CM Trade

Download APP to receive bonus


EUR/JPY intraday: under pressure below 158.64


Our pivot point is at 158.64.

Our preference: under pressure below 158.64.

Alternative scenario: the upside breakout of 158.64, would call for 159.10 and 159.38.

Comment: the RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 158.29 and 158.26).

Supports and resistances:

159.38 **

159.10 *

158.64 **


158.24 last


157.40 **

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

Free Access
Daily Trading Strategy
Download Now

CM Trade Mobile Application

Economics Calendar