Home EUR/JPY Technical Analysis: Decline is flirting with the 100-day SMA around 129.30
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EUR/JPY Technical Analysis: Decline is flirting with the 100-day SMA around 129.30

  • EUR/JPY is prolonging the leg lower on Tuesday and is approaching the key 100-day SMA at 129.36 and the support line off YTD tops, today at 129.12.
  • A breach of this support band could allow for a visit to September’s low at 127.86 ahead of June’s low at 126.64.
  • On the upside, occasional rallies should meet strong resistance at the 200-day SMA at 130.91.

EUR/JPY daily chart

 

 

 

 

 

 

 

 

 

 

EUR/JPY

Overview:
       Last Price:  129.48
       Daily change:  -64  pips
       Daily change:  -0.492%
       Daily Open:  130.12
Trends:
       Daily SMA20:  131.31
       Daily SMA50:  129.6
       Daily SMA100:  129.37
       Daily SMA200:  130.99
Levels:
       Daily High:  131.26
       Daily Low:  129.51
       Weekly High:  132.49
       Weekly Low:  130.6
       Monthly High:  133.15
       Monthly Low:  127.87
       Daily Fibonacci 38.2%:  130.18
       Daily Fibonacci 61.8%:  130.59
       Daily Pivot Point S1:  129.33
       Daily Pivot Point S2:  128.54
       Daily Pivot Point S3:  127.58
       Daily Pivot Point R1:  131.09
       Daily Pivot Point R2:  132.05
       Daily Pivot Point R3:  132.84

 

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