EUR/JPY Technical Analysis: Euro weakening en route to 126.10 level

Flavio Tosti Independent Analyst

EUR/JPY daily chart

EUR/JPY is in a consolidation above the 50 and 100 simple moving averages (SMAs).

EUR/JPY 4-hour chart

EUR/JPY is trading above its main SMAs suggesting a bullish bias in the medium-term.

EUR/JPY 30-minute chart

The market is trading below its 50 and 100 SMAs suggesting a consolidation in the short-term.
Key supports are at 126.10 and 125.75 level.
On the way up, initial resistance is seen at 126.50 and 126.80 level.

Additional key levels

EUR/JPY

Overview
Today last price	126.4
Today Daily Change	-0.23
Today Daily Change %	-0.18
Today daily open	126.63

Trends
Daily SMA20	125.25
Daily SMA50	125.46
Daily SMA100	125.82
Daily SMA200	127.65

Levels
Previous Daily High	126.8
Previous Daily Low	126.48
Previous Weekly High	126.78
Previous Weekly Low	124.78
Previous Monthly High	127.52
Previous Monthly Low	123.64
Daily Fibonacci 38.2%	126.68
Daily Fibonacci 61.8%	126.61
Daily Pivot Point S1	126.48
Daily Pivot Point S2	126.32
Daily Pivot Point S3	126.16
Daily Pivot Point R1	126.79
Daily Pivot Point R2	126.95
Daily Pivot Point R3	127.11

Author

Flavio Tosti

Independent Analyst

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