EUR/JPY Technical Analysis: Daily gains lost momentum near 119.00

  • EUR/JPY attempted a move higher during early trade, although the attempt lacked of follow through and faltered around the 119.00 mark.
  • In the very near term, occasional bull runs are expected to meet strong resistance in the 119.70 region, where coincide recent peaks and the 21-day SMA.
  • On the broader view, as long as the 121.05/20 band caps the upside, the negative outlook is set persist. In this area converge the 55-day SMA and the 4-month resistance line.

EUR/JPY daily chart


Today last price 118.02
Today Daily Change 121
Today Daily Change % 0.04
Today daily open 117.97
Daily SMA20 119.76
Daily SMA50 121.08
Daily SMA100 122.56
Daily SMA200 124.41
Previous Daily High 119.3
Previous Daily Low 117.78
Previous Weekly High 119.88
Previous Weekly Low 117.68
Previous Monthly High 123.36
Previous Monthly Low 120.04
Daily Fibonacci 38.2% 118.36
Daily Fibonacci 61.8% 118.71
Daily Pivot Point S1 117.4
Daily Pivot Point S2 116.83
Daily Pivot Point S3 115.88
Daily Pivot Point R1 118.92
Daily Pivot Point R2 119.87
Daily Pivot Point R3 120.44



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