EUR/JPY Technical Analysis: Recovery stalled near the 200-day SMA. Initial support is located at the 100-day SMA at 129.41

  • Today’s bullish attempt in EUR/JPY run out of steam in the mid-130.00s, coincident with the 10-day SMA and close to the critical 200-day SMA, today at 130.82.
  • In the meantime, the bearish note in the cross remains well and sound as long as the resistance line at 132.83 caps.
  • The resumption of the downtrend should meet initial support at yesterday’s low at 129.21, seconded by September’s low at 127.86.

EUR/JPY  daily chart












    Last Price: 129.77
    Daily change: -27 pips
    Daily change: -0.208%
    Daily Open: 130.04
    Daily SMA20: 131.28
    Daily SMA50: 129.57
    Daily SMA100: 129.38
    Daily SMA200: 130.9
    Daily High: 130.24
    Daily Low: 129.21
    Weekly High: 132.49
    Weekly Low: 130.6
    Monthly High: 133.15
    Monthly Low: 127.87
    Daily Fibonacci 38.2%: 129.84
    Daily Fibonacci 61.8%: 129.6
    Daily Pivot Point S1: 129.42
    Daily Pivot Point S2: 128.8
    Daily Pivot Point S3: 128.4
    Daily Pivot Point R1: 130.44
    Daily Pivot Point R2: 130.85
    Daily Pivot Point R3: 131.47


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