- Price action around EUR/JPY remains consolidative for the time being, while the critical resistance area in the 125.00 neighbourhood continues to cap the upside.
- The continuation of the ongoing scenario coupled with the inability to surpass 125.00 and above should open the door for a correction lower.
- Immediate target to the downside remains at 123.39 (low January 15).
EUR/JPY daily chart
EUR/JPY
Overview:
Today Last Price: 124.71
Today Daily change: -0.30 pips
Today Daily change %: -0.24%
Today Daily Open: 125.01
Trends:
Daily SMA20: 124.44
Daily SMA50: 126.59
Daily SMA100: 128.23
Daily SMA200: 128.8
Levels:
Previous Daily High: 125.32
Previous Daily Low: 123.78
Previous Weekly High: 125.32
Previous Weekly Low: 123.78
Previous Monthly High: 129.3
Previous Monthly Low: 125.36
Daily Fibonacci 38.2%: 124.73
Daily Fibonacci 61.8%: 124.37
Daily Pivot Point S1: 124.09
Daily Pivot Point S2: 123.16
Daily Pivot Point S3: 122.55
Daily Pivot Point R1: 125.63
Daily Pivot Point R2: 126.25
Daily Pivot Point R3: 127.17