EUR/JPY Technical Analysis: The cross appears consolidative around the 125.00 handle
- The cross continues to navigate within a sideline theme below the key 125.00 the figure, which became a critical resistance in the near term.
- In case of occasional bullish attempts, interim hurdle aligns at 126.08, where sits the 21-day SMA, ahead of the more relevant 127.00 neighbourhood, or December peaks.
- On the broader picture, further pullbacks remain well on the cards as long as the short-term resistance line, today at 127.85, caps.
EUR/JPY daily chart
EUR/JPY
Overview:
Today Last Price: 124.81
Today Daily change: 8.0 pips
Today Daily change %: 0.0641%
Today Daily Open: 124.73
Trends:
Previous Daily SMA20: 125.87
Previous Daily SMA50: 127.58
Previous Daily SMA100: 128.77
Previous Daily SMA200: 129.23
Levels:
Previous Daily High: 125.08
Previous Daily Low: 124.35
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%: 124.63
Previous Daily Fibonacci 61.8%: 124.8
Previous Daily Pivot Point S1: 124.36
Previous Daily Pivot Point S2: 123.99
Previous Daily Pivot Point S3: 123.63
Previous Daily Pivot Point R1: 125.09
Previous Daily Pivot Point R2: 125.45
Previous Daily Pivot Point R3: 125.82