EUR/JPY Technical Analysis: The cross appears consolidative around the 125.00 handle

11 Jan 2019

  • The cross continues to navigate within a sideline theme below the key 125.00 the figure, which became a critical resistance in the near term.
  • In case of occasional bullish attempts, interim hurdle aligns at 126.08, where sits the 21-day SMA, ahead of the more relevant 127.00 neighbourhood, or December peaks.
  • On the broader picture, further pullbacks remain well on the cards as long as the short-term resistance line, today at 127.85, caps.

EUR/JPY daily chart















    Today Last Price: 124.81
    Today Daily change: 8.0 pips
    Today Daily change %: 0.0641%
    Today Daily Open: 124.73
    Previous Daily SMA20: 125.87
    Previous Daily SMA50: 127.58
    Previous Daily SMA100: 128.77
    Previous Daily SMA200: 129.23
    Previous Daily High: 125.08
    Previous Daily Low: 124.35
    Previous Weekly High: 127.07
    Previous Weekly Low: 118.84
    Previous Monthly High: 129.3
    Previous Monthly Low: 125.36
    Previous Daily Fibonacci 38.2%: 124.63
    Previous Daily Fibonacci 61.8%: 124.8
    Previous Daily Pivot Point S1: 124.36
    Previous Daily Pivot Point S2: 123.99
    Previous Daily Pivot Point S3: 123.63
    Previous Daily Pivot Point R1: 125.09
    Previous Daily Pivot Point R2: 125.45
    Previous Daily Pivot Point R3: 125.82


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