- EUR/JPY is prolonging the sideline theme, although a breakout of the formidable resistance in the 129.00 neighbourhood remains elusive for the time being.
- In this area converge recent failed bullish attempts and the base of the daily cloud.
- There is no change in the broader picture, however. The cross is seen testing October’s lows in the 126.60 region as long as it trades below the resistance line, today at 129.31.
EUR/JPY daily chart
EUR/JPY
Overview:
Last Price: 128.58
Daily change: 44 pips
Daily change: 0.343%
Daily Open: 128.14
Trends:
Daily SMA20: 128.55
Daily SMA50: 129.84
Daily SMA100: 129.52
Daily SMA200: 130
Levels:
Daily High: 129.06
Daily Low: 127.98
Weekly High: 129.24
Weekly Low: 127.5
Monthly High: 132.49
Monthly Low: 126.63
Daily Fibonacci 38.2%: 128.4
Daily Fibonacci 61.8%: 128.65
Daily Pivot Point S1: 127.73
Daily Pivot Point S2: 127.31
Daily Pivot Point S3: 126.64
Daily Pivot Point R1: 128.81
Daily Pivot Point R2: 129.48
Daily Pivot Point R3: 129.89
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