26 Feb 2019
EUR/JPY Technical Analysis: The cross appears bid above the 55-day SMA at 125.48
- EUR/JPY clinched fresh 2019 highs beyond 126.00 the figure at the beginning of the week, although the up move lacked of follow through for the time being.
- The cross surpassed the key short-term resistance line, today at 125.66, and is now looking to consolidate this breakout.
- Following these new yearly highs, the cross is now targeting the 127.00 neighbourhood, late December peaks.
EUR/JPY daily chart
EUR/JPY
Overview:
Today Last Price: 125.8
Today Daily change: 49 pips
Today Daily change %: -0.27%
Today Daily Open: 126.14
Trends:
Daily SMA20: 125.15
Daily SMA50: 125.16
Daily SMA100: 126.96
Daily SMA200: 128.16
Levels:
Previous Daily High: 126.31
Previous Daily Low: 125.38
Previous Weekly High: 125.94
Previous Weekly Low: 124.7
Previous Monthly High: 127.07
Previous Monthly Low: 118.84
Daily Fibonacci 38.2%: 125.95
Daily Fibonacci 61.8%: 125.73
Daily Pivot Point S1: 125.58
Daily Pivot Point S2: 125.01
Daily Pivot Point S3: 124.64
Daily Pivot Point R1: 126.51
Daily Pivot Point R2: 126.88
Daily Pivot Point R3: 127.45