EUR/JPY Technical Analysis: Further upside in the cross appears limited around 125.00
- There is no change in the neutral stance on EUR/JPY, as it is expected to extend the current multi-session sideline theme for the time being, always capped by the critical 125.00 neighbourhood.
- A convincing break above this important area of resistance should put the 127.00 region (late December peaks) back to the radar.
- In the meantime, the current consolidative stance is seen unchanged as long as the 123.39 level contains the downside (low January 15).
EUR/JPY daily chart
EUR/JPY
Overview:
Today Last Price: 125.01
Today Daily change: -0.08 pips
Today Daily change %: -0.06%
Today Daily Open: 125.09
Trends:
Daily SMA20: 124.43
Daily SMA50: 126.38
Daily SMA100: 128.1
Daily SMA200: 128.69
Levels:
Previous Daily High: 125.47
Previous Daily Low: 124.88
Previous Weekly High: 125.32
Previous Weekly Low: 123.78
Previous Monthly High: 129.3
Previous Monthly Low: 125.36
Daily Fibonacci 38.2%: 125.24
Daily Fibonacci 61.8%: 125.1
Daily Pivot Point S1: 124.82
Daily Pivot Point S2: 124.55
Daily Pivot Point S3: 124.22
Daily Pivot Point R1: 125.41
Daily Pivot Point R2: 125.74
Daily Pivot Point R3: 126.01