25 Jan 2019
EUR/JPY Technical Analysis: Outlook stays bearish below 125.00
- The consolidative theme in EUR/JPY remains well and sound for yet another session, always below the critical resistance are around the 125.00 handle.
- This strong area of resistance is also reinforced by 124.91 (August 2018 low) and recent unsuccessful bullish attempts.
- Extra consolidation is thus expected for the time being, while a potential visit to lows in the 123.40 region is not ruled out.
EUR/JPY daily chart
EUR/JPY
Overview:
Today Last Price: 124.23
Today Daily change: 0.29 pips
Today Daily change %: 0.23%
Today Daily Open: 123.94
Trends:
Daily SMA20: 124.5
Daily SMA50: 126.67
Daily SMA100: 128.26
Daily SMA200: 128.84
Levels:
Previous Daily High: 124.91
Previous Daily Low: 123.78
Previous Weekly High: 124.98
Previous Weekly Low: 123.39
Previous Monthly High: 129.3
Previous Monthly Low: 125.36
Daily Fibonacci 38.2%: 124.21
Daily Fibonacci 61.8%: 124.48
Daily Pivot Point S1: 123.52
Daily Pivot Point S2: 123.09
Daily Pivot Point S3: 122.39
Daily Pivot Point R1: 124.64
Daily Pivot Point R2: 125.34
Daily Pivot Point R3: 125.77