Home EUR/JPY Technical Analysis: No change. Further consolidation below 125.00 is expected to persist
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EUR/JPY Technical Analysis: No change. Further consolidation below 125.00 is expected to persist

  • The multi-session consolidative theme in EUR/JPY is poised to continue for the time being, always below the strong up barrier at 125.00 the figure.
  • This important area of resistance is also supported by 124.91 (August 2018 low) and recent unsuccessful bullish attempts.
  • As long as this area caps the upside, a pullback to, initially, 123.39 (low January 15) should remain on the cards.

EUR/JPY daily chart

EUR/JPY

Overview:
       Today Last Price:  124.7
       Today Daily change:  -0.04  pips
       Today Daily change %:  -0.03%
       Today Daily Open:  124.74
Trends:
       Daily SMA20:  124.65
       Daily SMA50:  126.76
       Daily SMA100:  128.31
       Daily SMA200:  128.89
Levels:
       Previous Daily High:  124.95
       Previous Daily Low:  124.19
       Previous Weekly High:  124.98
       Previous Weekly Low:  123.39
       Previous Monthly High:  129.3
       Previous Monthly Low:  125.36
       Daily Fibonacci 38.2%:  124.66
       Daily Fibonacci 61.8%:  124.48
       Daily Pivot Point S1:  124.31
       Daily Pivot Point S2:  123.87
       Daily Pivot Point S3:  123.55
       Daily Pivot Point R1:  125.07
       Daily Pivot Point R2:  125.39
       Daily Pivot Point R3:  125.83

 

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