EUR/JPY Price Analysis: It is likely to continue to rise above the 200-day MA

- Article Top Advertisement -
  • EUR/JPY sees its rebound halted after a retest at 142.00.
  • More rises would shift the focus to the 143.00 area.

EUR/JPY gives back some of the strong advance of the past two days and returns to negative territory on Tuesday.

A sustainable break of the 200-day SMA at 140.77 today should shift the outlook to a more constructive one and open the door for a probable visit to the key resistance zone near 143.00 on the near-term horizon. (highs of December 28 and January 11).

- Article Inline Advertisement 1-

To the downside, the 138.00 region still shapes up as a decent containment zone at the moment.

EUR/JPY day chart


Last price today 141.52
Today I change daily 82
today’s daily variation -0.37
today’s daily opening 142.04
daily SMA20 140.48
daily SMA50 142.39
daily SMA100 143.16
daily SMA200 140.8
previous daily high 142.08
previous daily low 140.47
Previous Weekly High 141.69
previous weekly low 137.92
Previous Monthly High 146.73
Previous monthly minimum 138.8
Fibonacci daily 38.2 141.47
Fibonacci 61.8% daily 141.09
Daily Pivot Point S1 140.98
Daily Pivot Point S2 139.92
Daily Pivot Point S3 139.37
Daily Pivot Point R1 142.59
Daily Pivot Point R2 143.14
Daily Pivot Point R3 144.2

- Advertisement -

Source: Fx Street

- Article Bottom Advertisement -


Please enter your comment!
Please enter your name here

Hot Topics

Related Articles