Home EUR/JPY Technical Analysis: Up move in the cross met resistance around 129.40, 100-day SMA
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EUR/JPY Technical Analysis: Up move in the cross met resistance around 129.40, 100-day SMA

  • After two consecutive daily advances, EUR/JPY faced an important hurdle in the vicinity of 129.50 on Friday, where aligns the 100-day SMA.
  • The continuation of the correction lower should meet interim support in the 10-day SMA at 128.25 ahead of October’s low at 126.61 (October 26).
  • On the other hand, occasional bullish attempts should meet the next hurdle near 129.50, coincident with last week’s peak and the 100-day SMA.

EUR/JPY daily chart

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EUR/JPY

Overview:
       Last Price:  128.77
       Daily change:  -14  pips
       Daily change:  -0.109%
       Daily Open:  128.91
Trends:
       Daily SMA20:  128.95
       Daily SMA50:  129.95
       Daily SMA100:  129.45
       Daily SMA200:  130.38
Levels:
       Daily High:  129.34
       Daily Low:  128.37
       Weekly High:  129.34
       Weekly Low:  127.24
       Monthly High:  132.49
       Monthly Low:  126.63
       Daily Fibonacci 38.2%:  128.97
       Daily Fibonacci 61.8%:  128.74
       Daily Pivot Point S1:  128.4
       Daily Pivot Point S2:  127.9
       Daily Pivot Point S3:  127.43
       Daily Pivot Point R1:  129.38
       Daily Pivot Point R2:  129.85
       Daily Pivot Point R3:  130.35

 

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