BUZZ-EUR/JPY off hard as both USD/JPY, EUR/USD down large

By Kitco News / February 28, 2018 / www.kitco.com / Article Link

* EUR/JPY down hard yesterday, EUR sales and JPY buys, tech support broken.* Cross toyed with ascending 200-DMA since Friday, decisive break yesterday.* From 131.50 to 130.05, 200-DMA up at 131.27 today, resistance.* 130.00 pierced early, 130.10 to 129.92, any option KOs at 130.00 history.* Fibo retracements again in sight, 38.2% of 114.86-137.51 at 128.85.* Option expiries today to upside - 131.00 E331 mln, more on 132-handle.<^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^EUR/JPY: EUR/JPY: ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

Recent News

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on flat metal price

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on metal decline

June 23, 2025 / www.canadianminingreport.com

Huge quantifiable rise in geopolitical, economic and trade risks

June 23, 2025 / www.canadianminingreport.com

Platinum clearly ahead of palladium for first time in seven years

June 16, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok