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5 Mar 2019
EUR/JPY Technical Analysis: The cross still targets the 128.00 handle and above
- The cross has come under further selling pressure today and recedes below the 127.00 milestone after hitting fresh 2019 tops around 127.50 on Monday.
- EUR/JPY remains on track to visit the key 200-day SMA at 128.10 as long at the 126.00 area holds the downside (early February peaks).
- In the broader scenario and provided the short-term support line at 124.64 underpins, the positive outlook in the cross should stay unchanged.
EUR/JPY daily chart
EUR/JPY
Overview:
Today Last Price: 126.73
Today Daily change: 27 pips
Today Daily change %: 0.03%
Today Daily Open: 126.69
Trends:
Daily SMA20: 125.5
Daily SMA50: 125.1
Daily SMA100: 126.8
Daily SMA200: 128.11
Levels:
Previous Daily High: 127.4
Previous Daily Low: 126.44
Previous Weekly High: 127.52
Previous Weekly Low: 125.38
Previous Monthly High: 126.92
Previous Monthly Low: 124.16
Daily Fibonacci 38.2%: 126.8
Daily Fibonacci 61.8%: 127.03
Daily Pivot Point S1: 126.29
Daily Pivot Point S2: 125.89
Daily Pivot Point S3: 125.33
Daily Pivot Point R1: 127.24
Daily Pivot Point R2: 127.8
Daily Pivot Point R3: 128.2