|

EUR/JPY Price Analysis: Recovery now targets 146.00 and above

  • EUR/JPY looks firm and advances to multi-day highs past 144.00.
  • Further upside now looks at the weekly high past 146.00.

EUR/JPY rapidly leaves behind Tuesday’s pullback and advances north of the 144.00 hurdle to clinch fresh multi-session peaks on Wednesday.

Further upside now appears on the cards and the cross could now challenge the weekly high at 146.13 (November 23) in the relatively short term.

The outlook for EUR/JPY is expected to remain positive while above the 200-day SMA, today at 139.31.

EUR/JPY daily chart

EUR/JPY

Overview
Today last price144.41
Today Daily Change138
Today Daily Change %0.71
Today daily open143.39
 
Trends
Daily SMA20144.22
Daily SMA50144.52
Daily SMA100141.83
Daily SMA200139.27
 
Levels
Previous Daily High144
Previous Daily Low143.1
Previous Weekly High145.01
Previous Weekly Low140.76
Previous Monthly High147.12
Previous Monthly Low142.56
Daily Fibonacci 38.2%143.44
Daily Fibonacci 61.8%143.65
Daily Pivot Point S1142.99
Daily Pivot Point S2142.59
Daily Pivot Point S3142.09
Daily Pivot Point R1143.89
Daily Pivot Point R2144.4
Daily Pivot Point R3144.8

Author

Pablo Piovano

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

More from Pablo Piovano
Share:

Editor's Picks

EUR/USD climbs to daily highs near 1.1820

EUR/USD now picks up pace and advances to the area of daily peaks north of the 1.1800 barrier at the end of the week. The pair’s decent move higher comes against the backdrop of a generalised lack of direction in the FX galaxy and the mild offered stance in the US Dollar.

GBP/USD trims losses, retests 1.3460

After briefly challenging its key 200-day SMA near 1.3440, GBP/USD now manages to regain some balance and revisit the 1.3460 zone on Friday. Cable’s pullback comes as the selling pressure on the Greenback gathers traction, reigniting some recovery in the risk-linked space.

Gold flirts with four-week highs past $5,200

Gold extends its rebound, climbing for a third consecutive session and pushing back above the $5,200 mark per troy ounce on Friday. The move higher continues to draw support from lingering geopolitical tensions and the ongoing uncertainty surrounding US trade policy, both of which are keeping safe-haven demand firmly in play.

Bitcoin, Ethereum and Ripple consolidate with short-term cautious bullish bias

Bitcoin, Ethereum and Ripple are consolidating near key technical areas on Friday, showing mild signs of stabilization after recent volatility. BTC holds above $67,000 despite mild losses so far this week, while ETH hovers around $2,000 after a rejection near its upper consolidation boundary. 

Breaking: US and Israel attack Iran, risk aversion to sweep global markets

Early Saturday, United States (US) President Donald Trump announced that the US had begun “major combat operations” in Iran, following Israel’s pre-emptive missile attacks against Tehran.

Starknet unveils strkBTC, shielded Bitcoin transactions on Ethereum Layer 2

Starknet, the Ethereum Layer 2 network developed by StarkWare, today announced strkBTC, a wrapped Bitcoin asset that introduces optional shielding while preserving full DeFi composability.