12 Oct 2018
EUR/JPY Technical Analysis: Recovery stalled near the 200-day SMA. Initial support is located at the 100-day SMA at 129.41
- Today’s bullish attempt in EUR/JPY run out of steam in the mid-130.00s, coincident with the 10-day SMA and close to the critical 200-day SMA, today at 130.82.
- In the meantime, the bearish note in the cross remains well and sound as long as the resistance line at 132.83 caps.
- The resumption of the downtrend should meet initial support at yesterday’s low at 129.21, seconded by September’s low at 127.86.
EUR/JPY daily chart
EUR/JPY
Overview:
Last Price: 129.77
Daily change: -27 pips
Daily change: -0.208%
Daily Open: 130.04
Trends:
Daily SMA20: 131.28
Daily SMA50: 129.57
Daily SMA100: 129.38
Daily SMA200: 130.9
Levels:
Daily High: 130.24
Daily Low: 129.21
Weekly High: 132.49
Weekly Low: 130.6
Monthly High: 133.15
Monthly Low: 127.87
Daily Fibonacci 38.2%: 129.84
Daily Fibonacci 61.8%: 129.6
Daily Pivot Point S1: 129.42
Daily Pivot Point S2: 128.8
Daily Pivot Point S3: 128.4
Daily Pivot Point R1: 130.44
Daily Pivot Point R2: 130.85
Daily Pivot Point R3: 131.47