Home EUR/JPY Technical Analysis: The cross appears consolidative around 126.00. Dips face support in the 125.60/25 band
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EUR/JPY Technical Analysis: The cross appears consolidative around 126.00. Dips face support in the 125.60/25 band

  • EUR/JPY remains sidelined around the 126.00 handle, trading close to recent yearly peaks, although still unable to gather some serious upside traction.
  • A resumption of the selling bias should meet initial contention in the 125.60/25 band, where coincides the 55-, 10- and 21-day SMAs .
  • On the upside, extra gains will target late-December peaks in the 127.00 region.

EUR/JPY daily chart

EUR/JPY

Overview:
       Today Last Price:  126.1
       Today Daily change:  34  pips
       Today Daily change %:  -0.09%
       Today Daily Open:  126.21
Trends:
       Daily SMA20:  125.25
       Daily SMA50:  125.08
       Daily SMA100:  126.89
       Daily SMA200:  128.12
Levels:
       Previous Daily High:  126.35
       Previous Daily Low:  125.52
       Previous Weekly High:  125.94
       Previous Weekly Low:  124.7
       Previous Monthly High:  127.07
       Previous Monthly Low:  118.84
       Daily Fibonacci 38.2%:  126.04
       Daily Fibonacci 61.8%:  125.84
       Daily Pivot Point S1:  125.71
       Daily Pivot Point S2:  125.2
       Daily Pivot Point S3:  124.88
       Daily Pivot Point R1:  126.53
       Daily Pivot Point R2:  126.85
       Daily Pivot Point R3:  127.36

 

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