- EUR/JPY has left behind the critical resistance area in the 125.00 neighbourhood, although the upside momentum appears to have run out of steam in the vicinity of 126.00 the figure.
- The next upside target emerges at the multi-month resistance line at 126.67 ahead of last-December tops in the boundaries of the 127.00 mark.
- The inability of a push higher in the very near term could spark some consolidation around the 125.00 area. Initial support lines up at the 10-day SMA at 124.99 followed by the 21-day SMA at 124.70.
EUR/JPY daily chart
EUR/JPY
Overview:
Today Last Price: 125.53
Today Daily change: -0.18 pips
Today Daily change %: -0.14%
Today Daily Open: 125.71
Trends:
Daily SMA20: 124.67
Daily SMA50: 126.18
Daily SMA100: 127.94
Daily SMA200: 128.58
Levels:
Previous Daily High: 125.96
Previous Daily Low: 125.33
Previous Weekly High: 125.74
Previous Weekly Low: 124.36
Previous Monthly High: 127.07
Previous Monthly Low: 118.84
Daily Fibonacci 38.2%: 125.72
Daily Fibonacci 61.8%: 125.57
Daily Pivot Point S1: 125.37
Daily Pivot Point S2: 125.04
Daily Pivot Point S3: 124.75
Daily Pivot Point R1: 126
Daily Pivot Point R2: 126.29
Daily Pivot Point R3: 126.62
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