EUR/JPY Price Analysis: Next On The Upside Comes 156.80
- EUR/JPY accelerates its upside and records new 2023 peaks.
- The next up-barrier is expected not before the 156.80 region.
EUR/JPY climbs markedly to new 2023 peaks just above the 153.00 hurdle on Thursday.
The current scenario remains open to extra gains in the short-term horizon. Against that, there are no resistance levels of note until the weekly low recorded in late September 2008 at 156.83, which precedes the key round level at 157.00.
So far, further upside looks favoured while the cross trades above the 200-day SMA, today at 144.39.
EUR/JPY daily chart
(Click on image to enlarge)
EUR/JPY
| OVERVIEW | |
|---|---|
| Today last price | 152.95 |
| Today Daily Change | 158 |
| Today Daily Change % | 0.82 |
| Today daily open | 151.7 |
| TRENDS | |
|---|---|
| Daily SMA20 | 149.93 |
| Daily SMA50 | 148.49 |
| Daily SMA100 | 145.64 |
| Daily SMA200 | 144.39 |
| LEVELS | |
|---|---|
| Previous Daily High | 151.78 |
| Previous Daily Low | 150.92 |
| Previous Weekly High | 150.44 |
| Previous Weekly Low | 148.63 |
| Previous Monthly High | 151.62 |
| Previous Monthly Low | 146.14 |
| Daily Fibonacci 38.2% | 151.45 |
| Daily Fibonacci 61.8% | 151.25 |
| Daily Pivot Point S1 | 151.15 |
| Daily Pivot Point S2 | 150.61 |
| Daily Pivot Point S3 | 150.29 |
| Daily Pivot Point R1 | 152.02 |
| Daily Pivot Point R2 | 152.33 |
| Daily Pivot Point R3 | 152.88 |
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Disclosure: Information on this article contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes ...
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