- EUR/JPY maintains erratic performance above 143.00 on Monday.
- Next to the upside are cycle highs beyond 145.00.
EUR/JPY is still not moving in a clear direction with some firmness above 143.00 at the start of the week.
The price action around the cross remains inconclusive at the moment and it would not be surprising to see this stance extended in the coming sessions. That said, a break above the upper bound of the range will expose the 2022 highs around 145.60, while the 139.00 area – where the 55 and 100 SMAs meet – should offer initial containment.
In the meantime, if it remains above the 200 SMA at 135.30, the outlook for the cross should remain constructive.
EUR/JPY day chart
|Last Price Today||143.42|
|Today’s Daily Change||0.21|
|Today’s Daily Change %||0.15|
|Today’s Daily Opening||143.21|
|20 Daily SMA||140.49|
|50 Daily SMA||138.9|
|100 Daily SMA||138.98|
|200 Daily SMA||135.27|
|Previous Daily High||143.58|
|Previous Daily Minimum||142.51|
|Previous Maximum Weekly||145.64|
|Previous Weekly Minimum||142.3|
|Monthly Prior Maximum||139.73|
|Previous Monthly Minimum||133.4|
|Daily Fibonacci 38.2%||142.92|
|Daily Fibonacci 61.8%||143.17|
|Daily Pivot Point S1||142.62|
|Daily Pivot Point S2||142.04|
|Daily Pivot Point S3||141.56|
|Daily Pivot Point R1||143.69|
|Daily Pivot Point R2||144.16|
|Daily Pivot Point R3||144.75|
Source: Fx Street