EUR/JPY Price Analysis: Immediately on the upside comes 144.00

- Advertisement -
  • EUR/JPY regains some buying interest after Wednesday’s pullback.
  • The rallies are expected to target the 144.00 area in the near term.

EUR/JPY partially reverses recent pullback and looks slightly bid above 143.00 on Thursday.

The continuation of the bounce from last week’s lows is holding up well despite Wednesday’s moves. Conversely, if the cross extends the break of the weekly high at 144.04 (Sep 20), it could go to test the 2022 high at 145.63 (Sep 12).

- Advertisement -

Meanwhile, if it remains above the key 200 SMA at 136.10, the constructive outlook for the cross should remain unchanged.

EUR/JPY day chart

EUR/JPY

Panorama
Last Price Today 142.94
Today’s Daily Change -0.07
Today’s Daily Change % -0.05
Today’s Daily Opening 143.01
Trends
20 Daily SMA 142.21
50 Daily SMA 139.45
100 Daily SMA 139.66
200 Daily SMA 136.07
levels
Previous Daily High 144.09
Previous Daily Minimum 142.44
Previous Maximum Weekly 142.29
Previous Weekly Minimum 137.38
Monthly Prior Maximum 145.64
Previous Monthly Minimum 137.38
Daily Fibonacci 38.2% 143.07
Daily Fibonacci 61.8% 143.46
Daily Pivot Point S1 142.27
Daily Pivot Point S2 141.53
Daily Pivot Point S3 140.62
Daily Pivot Point R1 143.92
Daily Pivot Point R2 144.83
Daily Pivot Point R3 145.57

- Advertisement -

Source: Fx Street

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Hot Topics

Related Articles