EUR/JPY Price Analysis: Further Gains Target The 2023 High
- EUR/JPY adds to Thursday’s gains and approaches 159.00.
- Extra gains look likely in the short-term horizon.
EUR/JPY advances further and prints new multi-week tops near the 159.00 barrier at the end of the week.
Considering the ongoing price action, the cross could now challenge the 2023 peak at 159.76 (August 30) in the near term, just ahead of the round level of 160.00.
So far, the longer term positive outlook for the cross appears favoured while above the 200-day SMA, today at 150.69.
EUR/JPY daily chart
(Click on image to enlarge)
EUR/JPY
OVERVIEW | |
---|---|
Today last price | 158.72 |
Today Daily Change | 162 |
Today Daily Change % | 0.13 |
Today daily open | 158.51 |
TRENDS | |
---|---|
Daily SMA20 | 157.56 |
Daily SMA50 | 157.93 |
Daily SMA100 | 156.54 |
Daily SMA200 | 150.63 |
LEVELS | |
---|---|
Previous Daily High | 158.93 |
Previous Daily Low | 157.68 |
Previous Weekly High | 158.61 |
Previous Weekly Low | 156.51 |
Previous Monthly High | 158.66 |
Previous Monthly Low | 156.58 |
Daily Fibonacci 38.2% | 158.45 |
Daily Fibonacci 61.8% | 158.16 |
Daily Pivot Point S1 | 157.82 |
Daily Pivot Point S2 | 157.13 |
Daily Pivot Point S3 | 156.57 |
Daily Pivot Point R1 | 159.07 |
Daily Pivot Point R2 | 159.63 |
Daily Pivot Point R3 | 160.32 |
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