Home EUR/JPY Technical Analysis: Further consolidation expected to persist around 125.00
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EUR/JPY Technical Analysis: Further consolidation expected to persist around 125.00

  • The cross is prolonging the sideline theme around the key 125.00 barrier so far this week, although a breakout of it still remains elusive.
  • Further north, and on a clear surpass of this neighbourhood, the 127.00 area (or late December peaks) should emerge on the horizon.
  • In the meantime, extra consolidation should remain well in place as long as EUR/JPY remains supported by 123.39 (low January 15).

EUR/JPY daily chart

EUR/JPY

Overview:
       Today Last Price:  125.04
       Today Daily change:  0.02  pips
       Today Daily change %:  0.02%
       Today Daily Open:  125.02
Trends:
       Daily SMA20:  124.37
       Daily SMA50:  126.45
       Daily SMA100:  128.14
       Daily SMA200:  128.73
Levels:
       Previous Daily High:  125.25
       Previous Daily Low:  124.68
       Previous Weekly High:  125.32
       Previous Weekly Low:  123.78
       Previous Monthly High:  129.3
       Previous Monthly Low:  125.36
       Daily Fibonacci 38.2%:  125.03
       Daily Fibonacci 61.8%:  124.9
       Daily Pivot Point S1:  124.72
       Daily Pivot Point S2:  124.41
       Daily Pivot Point S3:  124.15
       Daily Pivot Point R1:  125.28
       Daily Pivot Point R2:  125.55
       Daily Pivot Point R3:  125.85

 

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