EUR/JPY Technical Analysis: Still depressed near YTD lows in the mid-117.00s

  • EUR/JPY is flirting with the key barrier at 118.00 today amidst a narrow range and renewed selling pressure in the Japanese currency.
  • In the very near term, occasional bull runs are expected to meet strong resistance in the 119.52/70 region, where coincide the 21-day SMA and recent peaks.
  • On the broader view, as long as the 120.99/121.10 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 117.97
Today Daily Change 42
Today Daily Change % 0.09
Today daily open 117.86
Daily SMA20 119.6
Daily SMA50 121
Daily SMA100 122.5
Daily SMA200 124.35
Previous Daily High 119
Previous Daily Low 117.62
Previous Weekly High 119.88
Previous Weekly Low 117.68
Previous Monthly High 123.36
Previous Monthly Low 120.04
Daily Fibonacci 38.2% 118.15
Daily Fibonacci 61.8% 118.47
Daily Pivot Point S1 117.32
Daily Pivot Point S2 116.79
Daily Pivot Point S3 115.95
Daily Pivot Point R1 118.7
Daily Pivot Point R2 119.53
Daily Pivot Point R3 120.07



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