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EUR/JPY Price Analysis: The intermediate hurdle is now at 146.13

  • EUR/JPY pulls back three straight daily reversals on Friday.
  • The next level up is the weekly high above 146.13.

EUR/JPY bounces off weekly lows and regains some composure above the 145.00 barrier by the end of the week.

Considering the ongoing bounce, the cross is now facing intermediate resistance at the weekly high of 146.13 (23 Nov). A break above the latter exposes a potential move towards the November highs beyond the 147.00 level.

Longer-term, as long as it is above the key 200-day SMA at 138.76, the positive outlook is expected to hold.

EUR/JPY day chart


Last price today 145.03
Today I change daily 104
Today’s daily change in % 0.55
today’s daily opening 144.24
daily SMA20 145.39
daily SMA50 144.17
daily SMA100 141.49
daily SMA200 138.73
previous daily high 145.27
previous daily low 143.65
Previous Weekly High 145.55
previous weekly low 143.35
Previous Monthly High 148.4
Previous monthly minimum 140.9
Daily Fibonacci of 38.2% 144.27
Daily Fibonacci of 61.8% 144.65
Daily Pivot Point S1 143.51
Daily Pivot Point S2 142.77
Daily Pivot Point S3 141.89
Daily Pivot Point R1 145.12
Daily Pivot Point R2 146.01
Daily Pivot Point R3 146.74

Source: Fx Street

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