Home EUR/JPY Technical Analysis: The cross appears bid above the 55-day SMA at 125.48
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EUR/JPY Technical Analysis: The cross appears bid above the 55-day SMA at 125.48

  • EUR/JPY clinched fresh 2019 highs beyond 126.00 the figure at the beginning of the week, although the up move lacked of follow through for the time being.
  • The cross surpassed the key short-term resistance line, today at 125.66, and is now looking to consolidate this breakout.
  • Following these new yearly highs, the cross is now targeting the 127.00 neighbourhood, late December peaks.

EUR/JPY daily chart

EUR/JPY

Overview:
       Today Last Price:  125.8
       Today Daily change:  49  pips
       Today Daily change %:  -0.27%
       Today Daily Open:  126.14
Trends:
       Daily SMA20:  125.15
       Daily SMA50:  125.16
       Daily SMA100:  126.96
       Daily SMA200:  128.16
Levels:
       Previous Daily High:  126.31
       Previous Daily Low:  125.38
       Previous Weekly High:  125.94
       Previous Weekly Low:  124.7
       Previous Monthly High:  127.07
       Previous Monthly Low:  118.84
       Daily Fibonacci 38.2%:  125.95
       Daily Fibonacci 61.8%:  125.73
       Daily Pivot Point S1:  125.58
       Daily Pivot Point S2:  125.01
       Daily Pivot Point S3:  124.64
       Daily Pivot Point R1:  126.51
       Daily Pivot Point R2:  126.88
       Daily Pivot Point R3:  127.45

 

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