Back

EUR/JPY Technical Analysis: The outlook on the cross remains bearish below 126.52

  • The cross is down for yet another session at the end of the week, prolonging the rejection from recent tops in the boundaries of 126.00 the figure.
  • While below the 4-month resistance line, today at 126.52, the view on EUR/JPY is expected to remain negative with the next target at late January lows in the 123.80/75 band.
  • Extra losses are seen re-visiting the mid-January lows at 123.39.

EUR/JPY daily chart

EUR/JPY

Overview:
    Today Last Price: 124.39
    Today Daily change: 26 pips
    Today Daily change %: -0.18%
    Today Daily Open: 124.61
Trends:
    Daily SMA20: 124.73
    Daily SMA50: 125.95
    Daily SMA100: 127.74
    Daily SMA200: 128.48
Levels:
    Previous Daily High: 125.07
    Previous Daily Low: 124.34
    Previous Weekly High: 125.74
    Previous Weekly Low: 124.36
    Previous Monthly High: 127.07
    Previous Monthly Low: 118.84
    Daily Fibonacci 38.2%: 124.62
    Daily Fibonacci 61.8%: 124.79
    Daily Pivot Point S1: 124.28
    Daily Pivot Point S2: 123.94
    Daily Pivot Point S3: 123.54
    Daily Pivot Point R1: 125.01
    Daily Pivot Point R2: 125.41
    Daily Pivot Point R3: 125.74

 

Gold reverses early dip, remains supported by renewed US-China trade tensions

   •  The continuation of the recent USD rally to near two-week tops exerts some pressure.    •  Uncertainties over a possible US-China trade deal/do
अधिक पढ़ें Previous

Italy Industrial Output w.d.a (YoY) below forecasts (-3%) in January: Actual (-5.5%)

Italy Industrial Output w.d.a (YoY) below forecasts (-3%) in January: Actual (-5.5%)
अधिक पढ़ें Next