Home EUR/JPY Technical Analysis: bullish attempts in the cross remain capped by the 129.00 area
FXStreet News

EUR/JPY Technical Analysis: bullish attempts in the cross remain capped by the 129.00 area

  • EUR/JPY is flirting with the short-term resistance line at 128.90, while a sustainable break above the 129.00 area remains elusive for the time being.
  • In the meantime, the cross is prolonging the multi-session sideline theme near this relevant resistance area.
  • Further up emerges the 55-day SMA at 129.73 ahead of the more relevant 200-day SMA at 129.88.
  • A loss of November’s low in the mid-127.00s should put August’s low in the 124.90 region back on the radar.

EUR/JPY daily chart

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EUR/JPY

Overview:
       Today Last Price:  128.51
       Today Daily change:  -26  pips
       Today Daily change %:  -0.202%
       Today Daily Open:  128.77
Trends:
       Previous Daily SMA20:  128.71
       Previous Daily SMA50:  129.7
       Previous Daily SMA100:  129.48
       Previous Daily SMA200:  129.91
Levels:
       Previous Daily High:  128.94
       Previous Daily Low:  127.93
       Previous Weekly High:  129.12
       Previous Weekly Low:  127.82
       Previous Monthly High:  132.49
       Previous Monthly Low:  126.63
       Previous Daily Fibonacci 38.2%:  128.55
       Previous Daily Fibonacci 61.8%:  128.31
       Previous Daily Pivot Point S1:  128.16
       Previous Daily Pivot Point S2:  127.54
       Previous Daily Pivot Point S3:  127.15
       Previous Daily Pivot Point R1:  129.16
       Previous Daily Pivot Point R2:  129.55
       Previous Daily Pivot Point R3:  130.17

 

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.