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EUR/JPY Technical Analysis: Further upside limited around 125.00, near the 10-day SMA.

  • The cross is now attempting to consolidate in the upper end of the recent range although a break above the critical 125.00 the figure still remains elusive for bulls.
  • This area of resistance also coincides with August 2018 lows and is reinforced at the same time by May’s low at 124.61.
  • In the meantime, the negative view is expected to prevail while below the 4-month resistance line, today at 127.92.

EUR/JPY daily chart

 

 

 

 

 

 

 

 

 

 

 

 

EUR/JPY

Overview:
    Today Last Price: 124.82
    Today Daily change: 39 pips
    Today Daily change %: 0.313%
    Today Daily Open: 124.43
Trends:
    Previous Daily SMA20: 126.28
    Previous Daily SMA50: 127.72
    Previous Daily SMA100: 128.84
    Previous Daily SMA200: 129.29
Levels:
    Previous Daily High: 124.87
    Previous Daily Low: 124.12
    Previous Weekly High: 127.07
    Previous Weekly Low: 118.84
    Previous Monthly High: 129.3
    Previous Monthly Low: 125.36
    Previous Daily Fibonacci 38.2%: 124.4
    Previous Daily Fibonacci 61.8%: 124.58
    Previous Daily Pivot Point S1: 124.07
    Previous Daily Pivot Point S2: 123.72
    Previous Daily Pivot Point S3: 123.32
    Previous Daily Pivot Point R1: 124.83
    Previous Daily Pivot Point R2: 125.23
    Previous Daily Pivot Point R3: 125.58

 

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