- The cross is looking to add to Monday’s gains above the key 125.00 the figure following a softer tone in the Japanese safe haven.
- EUR/JPY is expected to stay under downside pressure as long as YTD peaks in the 126.00 neighbourhood caps the upside. Initial hurdle, thus, is located at the 55-day SMA at 125.71.
- The resumption of the selling bias should see the area of monthly lows around 124.20 revisited.
EUR/JPY daily chart
EUR/JPY
Overview:
Today Last Price: 125.07
Today Daily change: 48 pips
Today Daily change %: -0.05%
Today Daily Open: 125.13
Trends:
Daily SMA20: 124.88
Daily SMA50: 125.44
Daily SMA100: 127.22
Daily SMA200: 128.28
Levels:
Previous Daily High: 125.28
Previous Daily Low: 124.7
Previous Weekly High: 125.54
Previous Weekly Low: 124.19
Previous Monthly High: 127.07
Previous Monthly Low: 118.84
Daily Fibonacci 38.2%: 125.06
Daily Fibonacci 61.8%: 124.92
Daily Pivot Point S1: 124.79
Daily Pivot Point S2: 124.45
Daily Pivot Point S3: 124.2
Daily Pivot Point R1: 125.37
Daily Pivot Point R2: 125.62
Daily Pivot Point R3: 125.96
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