EUR/JPY Technical Analysis: Still sidelined. A breakout of 129.00 remains elusive so far
- EUR/JPY is prolonging the consolidative theme below the 129.00 handle so far on Wednesday, retreating for the second session in a row.
- In order to regain upside pressure, the cross needs to leave behind the key short-term resistance line, today at 128.73 followed by the 129.00 area, coincident with the base of the daily cloud and the top of the multi-session range.
- Further up emerges the 55-day SMA at 129.72 and the more relevant 200-day SMA at 129.86.
EUR/JPY daily chart
EUR/JPY
Overview:
Today Last Price: 128.37
Today Daily change: -16 pips
Today Daily change %: -0.124%
Today Daily Open: 128.53
Trends:
Previous Daily SMA20: 128.72
Previous Daily SMA50: 129.65
Previous Daily SMA100: 129.47
Previous Daily SMA200: 129.9
Levels:
Previous Daily High: 128.85
Previous Daily Low: 128.34
Previous Weekly High: 129.12
Previous Weekly Low: 127.82
Previous Monthly High: 132.49
Previous Monthly Low: 126.63
Previous Daily Fibonacci 38.2%: 128.54
Previous Daily Fibonacci 61.8%: 128.66
Previous Daily Pivot Point S1: 128.3
Previous Daily Pivot Point S2: 128.07
Previous Daily Pivot Point S3: 127.79
Previous Daily Pivot Point R1: 128.81
Previous Daily Pivot Point R2: 129.08
Previous Daily Pivot Point R3: 129.31