Home EUR/JPY Technical Analysis: Still sidelined. A breakout of 129.00 remains elusive so far
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EUR/JPY Technical Analysis: Still sidelined. A breakout of 129.00 remains elusive so far

  • EUR/JPY is prolonging the consolidative theme below the 129.00 handle so far on Wednesday, retreating for the second session in a row.
  • In order to regain upside pressure, the cross needs to leave behind the key short-term resistance line, today at 128.73 followed by the 129.00 area, coincident with the base of the daily cloud and the top of the multi-session range.
  • Further up emerges the 55-day SMA at 129.72 and the more relevant 200-day SMA at 129.86.

EUR/JPY daily chart

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EUR/JPY

Overview:
       Today Last Price:  128.37
       Today Daily change:  -16  pips
       Today Daily change %:  -0.124%
       Today Daily Open:  128.53
Trends:
       Previous Daily SMA20:  128.72
       Previous Daily SMA50:  129.65
       Previous Daily SMA100:  129.47
       Previous Daily SMA200:  129.9
Levels:
       Previous Daily High:  128.85
       Previous Daily Low:  128.34
       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%:  128.54
       Previous Daily Fibonacci 61.8%:  128.66
       Previous Daily Pivot Point S1:  128.3
       Previous Daily Pivot Point S2:  128.07
       Previous Daily Pivot Point S3:  127.79
       Previous Daily Pivot Point R1:  128.81
       Previous Daily Pivot Point R2:  129.08
       Previous Daily Pivot Point R3:  129.31

 

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