EUR/JPY Price Analysis: Interim Support Comes Near 156.00
- EUR/JPY adds to Tuesday’s losses and revisits 157.00.
- A deeper decline could meet transitory support near 156.00.
EUR/JPY accelerates its downside momentum and drops to multi-day lows in the 157.00 neighborhood on Wednesday.
In case the corrective retracement gathers further impulse, the cross could extend the move to the provisional 55-day SMA around 156.00, which should hold the initial test. South from here emerges the 100-day SMA near 152.50 prior to the July low of 151.40 (July 28).
So far, the longer-term positive outlook for the cross appears favoured while above the 200-day SMA, today at 147.51.
EUR/JPY daily chart
(Click on image to enlarge)
EUR/JPY
OVERVIEW | |
---|---|
Today last price | 157.27 |
Today Daily Change | 37 |
Today Daily Change % | -0.60 |
Today daily open | 158.22 |
TRENDS | |
---|---|
Daily SMA20 | 157.37 |
Daily SMA50 | 156.55 |
Daily SMA100 | 152.43 |
Daily SMA200 | 147.49 |
LEVELS | |
---|---|
Previous Daily High | 159.49 |
Previous Daily Low | 158.09 |
Previous Weekly High | 159.34 |
Previous Weekly Low | 157.66 |
Previous Monthly High | 158.05 |
Previous Monthly Low | 151.41 |
Daily Fibonacci 38.2% | 158.62 |
Daily Fibonacci 61.8% | 158.96 |
Daily Pivot Point S1 | 157.71 |
Daily Pivot Point S2 | 157.2 |
Daily Pivot Point S3 | 156.31 |
Daily Pivot Point R1 | 159.11 |
Daily Pivot Point R2 | 160 |
Daily Pivot Point R3 | 160.52 |
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