- EUR/JPY is flirting with the 125.00 neighbourhood so far today on the back of a renewed upside impetus led by the positive performance of the European currency.
- The cross needs to surpass this critical resistance zone on a convincing fashion to habilitate extra gains to, initially, the 127.00 area, or late December 2018 peaks.
- On a resumption of the downside pressure, interim contention emerges at 124.40, 21-day SMA, ahead of 123.39 (low January 15).
EUR/JPY daily chart
EUR/JPY
Overview:
Today Last Price: 125.08
Today Daily change: 0.08 pips
Today Daily change %: 0.06%
Today Daily Open: 125
Trends:
Daily SMA20: 124.41
Daily SMA50: 126.51
Daily SMA100: 128.19
Daily SMA200: 128.77
Levels:
Previous Daily High: 125.05
Previous Daily Low: 124.59
Previous Weekly High: 125.32
Previous Weekly Low: 123.78
Previous Monthly High: 129.3
Previous Monthly Low: 125.36
Daily Fibonacci 38.2%: 124.87
Daily Fibonacci 61.8%: 124.77
Daily Pivot Point S1: 124.71
Daily Pivot Point S2: 124.42
Daily Pivot Point S3: 124.25
Daily Pivot Point R1: 125.17
Daily Pivot Point R2: 125.34
Daily Pivot Point R3: 125.63
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