Home EUR/JPY Technical Analysis: The cross keeps flirting with the key 100-day SMA in the mid-126.00s
FXStreet News

EUR/JPY Technical Analysis: The cross keeps flirting with the key 100-day SMA in the mid-126.00s

  • EUR/JPY keeps the neutral/bullish stance well and sound so far this week, although still below the 127.00 handle.
  • A breakout of the consolidative range could allow for a test of YTD tops in the 127.50 region ahead of the critical 200-day SMA, at 127.98.
  • In the meantime, while above the short-term support line at 124.45, the constructive stance on the cross should remain unchanged.

EUR/JPY daily chart

EUR/JPY

Overview:
       Today Last Price:  126.64
       Today Daily change:  36  pips
       Today Daily change %:  0.13%
       Today Daily Open:  126.47
Trends:
       Daily SMA20:  126.01
       Daily SMA50:  125.27
       Daily SMA100:  126.49
       Daily SMA200:  127.98
Levels:
       Previous Daily High:  126.62
       Previous Daily Low:  126.08
       Previous Weekly High:  126.58
       Previous Weekly Low:  124.48
       Previous Monthly High:  126.92
       Previous Monthly Low:  124.16
       Daily Fibonacci 38.2%:  126.41
       Daily Fibonacci 61.8%:  126.29
       Daily Pivot Point S1:  126.16
       Daily Pivot Point S2:  125.85
       Daily Pivot Point S3:  125.62
       Daily Pivot Point R1:  126.7
       Daily Pivot Point R2:  126.93
       Daily Pivot Point R3:  127.24

 

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.