EUR/JPY Price Analysis: Bullish Outlook Remains Unchanged
- EUR/JPY prints advance to new highs near the 147.00 hurdle.
- Further gains could now see the 2022 top revisited in the near term.
EUR/JPY maintains the needle-like recovery well in place and reaches fresh highs in the proximity of the 147.00 barrier on Thursday.
In light of the ongoing price action, further gains seem well on the cards for the time being. That said, the next target of note for the cross comes at the 2022 peak at 148.40 (October 21).
So far, further upside looks favored while the cross trades above the 200-day SMA, today at 141.98.
EUR/JPY daily chart
(Click on image to enlarge)
EUR/JPY
OVERVIEW | |
---|---|
Today last price | 146.83 |
Today Daily Change | 76 |
Today Daily Change % | 0.34 |
Today daily open | 146.33 |
TRENDS | |
---|---|
Daily SMA20 | 143.24 |
Daily SMA50 | 143.14 |
Daily SMA100 | 142.52 |
Daily SMA200 | 141.97 |
LEVELS | |
---|---|
Previous Daily High | 146.67 |
Previous Daily Low | 145.79 |
Previous Weekly High | 145.44 |
Previous Weekly Low | 142.55 |
Previous Monthly High | 145.67 |
Previous Monthly Low | 138.83 |
Daily Fibonacci 38.2% | 146.33 |
Daily Fibonacci 61.8% | 146.12 |
Daily Pivot Point S1 | 145.85 |
Daily Pivot Point S2 | 145.38 |
Daily Pivot Point S3 | 144.97 |
Daily Pivot Point R1 | 146.73 |
Daily Pivot Point R2 | 147.14 |
Daily Pivot Point R3 | 147.61 |
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