• EUR/JPY reverses Monday’s sharp pullback and regains 131.00.
  • Next on the upside comes the YTD highs near 131.60.

EUR/JPY manages to regain the smile and reverses the deep pullback seen at the beginning of the year.

Further consolidation in the cross appears likely in light of the ongoing price action, always around the key 200-day SMA in the mid-130.00s. The breakout of this scheme should lift EUR/JPY to the 131.50/60 band, while the 130.00 neighbourhood is expected to hold the downside for now.

While below the 200-day SMA, today at 130.52, the near-term outlook for EUR/JPY should remain negative.

EUR/JPY daily chart


Today last price 130.81
Today Daily Change 61
Today Daily Change % 0.21
Today daily open 130.54
Daily SMA20 129.79
Daily SMA50 129.57
Daily SMA100 129.96
Daily SMA200 130.57
Previous Daily High 131.37
Previous Daily Low 130.16
Previous Weekly High 131.6
Previous Weekly Low 130.02
Previous Monthly High 131.04
Previous Monthly Low 127.38
Daily Fibonacci 38.2% 130.62
Daily Fibonacci 61.8% 130.91
Daily Pivot Point S1 130.01
Daily Pivot Point S2 129.48
Daily Pivot Point S3 128.8
Daily Pivot Point R1 131.22
Daily Pivot Point R2 131.9
Daily Pivot Point R3 132.43



Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Feed news Join Telegram

Recommended content

Recommended content

Editors’ Picks

AUD/USD dribbles around key support below 0.6900, China PMI, US PCE inflation eyed

AUD/USD dribbles around key support below 0.6900, China PMI, US PCE inflation eyed

AUD/USD holds onto the previous day’s bounce off important support while taking rounds to 0.6870 during Thursday’s inactive early Asian session. In addition to defending the corrective pullback, the Aussie pair also portrays the market’s anxiety ahead of important data from a major customer China.


EUR/USD: Oversold RSI probes bears around 1.0450

EUR/USD: Oversold RSI probes bears around 1.0450

EUR/USD dribbles around a two-week low as oversold RSI conditions challenge further downside during Thursday’s inactive Asian session. That said, the major currency pair takes rounds to 1.0450-40 at the latest.


Gold stays on the way to $1,807 support ahead of US PCE inflation

Gold stays on the way to $1,807 support ahead of US PCE inflation

Gold Price struggles to defend the previous day’s bounce off short-term key support during Thursday’s Asian session. In doing so, the yellow metal remains indecisive around $1,818. The yellow metal dropped to the lowest levels in two weeks the previous day.

Gold News

Polygon's MATIC price signals hard times to come, here's why

Polygon's MATIC price signals hard times to come, here's why
Polygon’s MATIC price signals bears have re-entered the market. If the profit-taking continues, a cataclysmic fall could occur to breach the $0.31 low
Read more

FXStreet Premium users exceed expectations

FXStreet Premium users exceed expectations

Tap into our 20 years Forex trading experience and get ahead of the markets. Maximize our actionable content, be part of our community, and chat with our experts. Join FXStreet Premium today!