TRENDING:

GBP/USD

XAU/USD

EUR/JPY Price Analysis: Extra gains look likely near term

EUR/JPY advances to new highs around the 147.00 mark.
Next on the upside comes the December 2014 high at 149.78.

Pablo Piovano FXStreet

EUR/JPY accelerates the upside momentum and reaches fresh tops around the 147.00 hurdle, an area last seen back in December 2014.

Considering the current price action, further gains remain favoured. That said, the immediate target now emerges at the December 2014 peak at 149.78 (December 8).

In the short term the upside momentum is expected to persist while above the October lows around 141.00.

In the longer run, while above the key 200-day SMA at 136.60, the constructive outlook for the cross should remain unchanged.

EUR/JPY daily chart

EUR/JPY

Overview
Today last price	146.47
Today Daily Change	118
Today Daily Change %	-0.14
Today daily open	146.68

Trends
Daily SMA20	141.99
Daily SMA50	140.52
Daily SMA100	140.21
Daily SMA200	136.56

Levels
Previous Daily High	146.72
Previous Daily Low	144.37
Previous Weekly High	144.85
Previous Weekly Low	140.9
Previous Monthly High	145.64
Previous Monthly Low	137.38
Daily Fibonacci 38.2%	145.82
Daily Fibonacci 61.8%	145.27
Daily Pivot Point S1	145.13
Daily Pivot Point S2	143.57
Daily Pivot Point S3	142.77
Daily Pivot Point R1	147.48
Daily Pivot Point R2	148.28
Daily Pivot Point R3	149.83

Author

Pablo Piovano

FXStreet

Born and bred in Argentina, Pablo has been carrying on with his passion for FX markets and trading since his first college years.

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

Editor's Picks

EUR/USD extends slide below 1.1700

The EUR/USD pair nears its weekly low at around 1.1660 in the American session on Tuesday, retreating from the 1.1750 price zone tested earlier in the day. Cautiously optimistic markets support the US Dollar in the near term.

GBP/USD retreats from three-month-high, pierces 1.3500

GBP/USD extends its intraday slide and trades in the red just below 1.3500 after setting a new three-month-high near 1.3570. Ahead of this week's key employment data releases from the US, markets recover the good mood.

Gold extends upside to near $4,500 on Venezuela turmoil

Gold price climbs to near $4,500 during the early Asian trading hours on Wednesday. The precious metal rises by more than 1% in the day as geopolitical tensions and expectations of US rate cuts keep demand for gold high. The US ISM Services Purchasing Managers Index report will be published on Wednesday.

Australia CPI likely to test RBA hawkishness

The Australian Bureau of Statistics will publish the Consumer Price Index data for November at 00:30 GMT on Wednesday. This is the second complete monthly CPI report, as the government continues to transition from the quarterly CPI to the monthly gauge as the primary measure of headline inflation.

Implications of US intervention in Venezuela

Events in Venezuela are top of mind for market participants, and while developments are associated with an elevated degree of uncertainty, we are not making any changes to our markets or economic forecasts as a result of the deposition of Nicolás Maduro.

Cardano holds steady as bulls intensify push for breakout

Cardano rises above the 50-day EMA resistance amid a risk-on mood across the crypto market. The MACD upholds positive divergence, increasing the potential for a 20% breakout to $0.505.

EUR/JPY daily chart

EUR/JPY

Legal Text

Markets move fast. We move first.

Editor's Picks

Best Brokers in 2026