- EUR/JPY has resumed its march north after Friday’s lack of direction and is now flirting with the 100-day SMA in the mid-126.00s.
- The continuation of the upside momentum should see the 127.50, or fresh YTD highs, revisited in the near term.
- In the meantime, while above the short-term support line at 124.39, the constructive stance on the cross should remain unchanged.
EUR/JPY daily chart
EUR/JPY
Overview:
Today Last Price: 126.54
Today Daily change: 39 pips
Today Daily change %: 0.23%
Today Daily Open: 126.25
Trends:
Daily SMA20: 125.9
Daily SMA50: 125.2
Daily SMA100: 126.53
Daily SMA200: 128.01
Levels:
Previous Daily High: 126.58
Previous Daily Low: 126.12
Previous Weekly High: 126.58
Previous Weekly Low: 124.48
Previous Monthly High: 126.92
Previous Monthly Low: 124.16
Daily Fibonacci 38.2%: 126.29
Daily Fibonacci 61.8%: 126.4
Daily Pivot Point S1: 126.05
Daily Pivot Point S2: 125.85
Daily Pivot Point S3: 125.58
Daily Pivot Point R1: 126.52
Daily Pivot Point R2: 126.78
Daily Pivot Point R3: 126.98