Home EUR/JPY Technical Analysis: The cross risks a move lower while capped by 125.00
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EUR/JPY Technical Analysis: The cross risks a move lower while capped by 125.00

  • 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

 

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