EUR/JPY Price Analysis: Positive outlook remains in place


  • EUR/JPY starts the week in a volatile fashion and revisits 145.00.
  • The next up barrier of note comes at the December 2022 high.

EUR/JPY regains some composure and advances to the 145.00 region at the beginning of the week.

A daily close above the 2023 top at 145.67 (March 31) should motivate the cross to shift its focus to the December 2022 top around 146.70 (December 15) in the short-term horizon.

In the meantime, extra gains remain on the table while the cross trades above the 200-day SMA, today at 141.82.

EUR/JPY daily chart

EUR/JPY

Overview
Today last price 144.54
Today Daily Change 132
Today Daily Change % 0.33
Today daily open 144.07
 
Trends
Daily SMA20 142.91
Daily SMA50 142.65
Daily SMA100 142.55
Daily SMA200 141.85
 
Levels
Previous Daily High 145.67
Previous Daily Low 143.89
Previous Weekly High 145.67
Previous Weekly Low 140.57
Previous Monthly High 145.67
Previous Monthly Low 138.83
Daily Fibonacci 38.2% 144.57
Daily Fibonacci 61.8% 144.99
Daily Pivot Point S1 143.42
Daily Pivot Point S2 142.76
Daily Pivot Point S3 141.63
Daily Pivot Point R1 145.2
Daily Pivot Point R2 146.33
Daily Pivot Point R3 146.98

 

 

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