- EUR/JPY is seeing some recovery following the softer tone around the Japanese safe haven today, managing to advance to the mid-124.00s.
- As long as the cross remains below the 4-month resistance line, today at 126.38, the prospect stays negative with the next target at late January lows in the 123.80/75 band ahead of 123.39.
- In order to somewhat recover the upside momentum, the cross needs to regain recent peaks in the 126.00 neighbourhood.
EUR/JPY daily chart
EUR/JPY
Overview:
Today Last Price: 124.5
Today Daily change: 38 pips
Today Daily change %: 0.14%
Today Daily Open: 124.33
Trends:
Daily SMA20: 124.72
Daily SMA50: 125.86
Daily SMA100: 127.67
Daily SMA200: 128.45
Levels:
Previous Daily High: 124.71
Previous Daily Low: 124.16
Previous Weekly High: 125.96
Previous Weekly Low: 124.16
Previous Monthly High: 127.07
Previous Monthly Low: 118.84
Daily Fibonacci 38.2%: 124.37
Daily Fibonacci 61.8%: 124.5
Daily Pivot Point S1: 124.09
Daily Pivot Point S2: 123.86
Daily Pivot Point S3: 123.55
Daily Pivot Point R1: 124.64
Daily Pivot Point R2: 124.95
Daily Pivot Point R3: 125.18
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