• EUR/JPY advances for the fourth session in a row on Friday.
  • Immediately to the upside emerges the monthly high near 137.00.

EUR/JPY extends the recovery for yet another session ahead of key US data releases.

Considering the ongoing price action, further upside in the cross appears likely for the time being. That said, the breakout of the monthly peak at 136.92 (August 4) should open the door to a potential visit to the 100- and 55-day SMAs at 137.88 and 139.50, respectively.

While above the 200-day SMA at 133.75, the outlook for the cross is expected to remain constructive.

EUR/JPY

Overview
Today last price 136.26
Today Daily Change 75
Today Daily Change % 0.07
Today daily open 136.16
 
Trends
Daily SMA20 138.28
Daily SMA50 139.87
Daily SMA100 137.87
Daily SMA200 133.77
 
Levels
Previous Daily High 136.92
Previous Daily Low 135.64
Previous Weekly High 140.08
Previous Weekly Low 135.55
Previous Monthly High 142.43
Previous Monthly Low 135.55
Daily Fibonacci 38.2% 136.43
Daily Fibonacci 61.8% 136.13
Daily Pivot Point S1 135.56
Daily Pivot Point S2 134.96
Daily Pivot Point S3 134.28
Daily Pivot Point R1 136.84
Daily Pivot Point R2 137.52
Daily Pivot Point R3 138.12

 

 

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