7 Mar 2019
EUR/JPY Technical Analysis: The cross attempts some consolidation near the 10-day SMA near 126.30
- EUR/JPY is looking to consolidate in the lower end of the recent range, always above the 126.00 handle for the time being.
- Despite the ongoing correction lower, the constructive bias is expected to persist as long as the short-term support line at 124.76 holds the downside.
- Immediate target on the upside remains recent tops in the mid-127.00s ahead of the critical 200-day SMA at 128.10.
EUR/JPY daily chart
EUR/JPY
Overview:
Today Last Price: 126.4
Today Daily change: 22 pips
Today Daily change %: -0.01%
Today Daily Open: 126.41
Trends:
Daily SMA20: 125.62
Daily SMA50: 125.11
Daily SMA100: 126.74
Daily SMA200: 128.12
Levels:
Previous Daily High: 126.75
Previous Daily Low: 126.16
Previous Weekly High: 127.52
Previous Weekly Low: 125.38
Previous Monthly High: 126.92
Previous Monthly Low: 124.16
Daily Fibonacci 38.2%: 126.39
Daily Fibonacci 61.8%: 126.53
Daily Pivot Point S1: 126.13
Daily Pivot Point S2: 125.86
Daily Pivot Point S3: 125.55
Daily Pivot Point R1: 126.72
Daily Pivot Point R2: 127.03
Daily Pivot Point R3: 127.3