EUR/JPY Price Analysis: No Changes To The Upside Target
- EUR/JPY adds to Thursday’s gains and approaches 158.00.
- Next on the upside for bulls emerges the 160.00 yardstick.
EUR/JPY picks up extra pace and flirts with the key hurdle at 158.00 the figure at the end of the week.
If the move higher gathers extra impulse, the cross should challenge recent 2023 peaks near 159.50 (August 22) ahead of the key round level at 160.00. The surpass of the latter should not see any resistance level of note until the 2008 high at 169.96 (July 23)
So far, the longer term positive outlook for the cross appears favoured while above the 200-day SMA, today at 147.64.
EUR/JPY daily chart
EUR/JPY
OVERVIEW | |
---|---|
Today last price | 157.74 |
Today Daily Change | 60 |
Today Daily Change % | 0.04 |
Today daily open | 157.67 |
TRENDS | |
---|---|
Daily SMA20 | 157.69 |
Daily SMA50 | 156.74 |
Daily SMA100 | 152.71 |
Daily SMA200 | 147.61 |
LEVELS | |
---|---|
Previous Daily High | 158.05 |
Previous Daily Low | 157.11 |
Previous Weekly High | 159.34 |
Previous Weekly Low | 157.66 |
Previous Monthly High | 158.05 |
Previous Monthly Low | 151.41 |
Daily Fibonacci 38.2% | 157.69 |
Daily Fibonacci 61.8% | 157.47 |
Daily Pivot Point S1 | 157.17 |
Daily Pivot Point S2 | 156.67 |
Daily Pivot Point S3 | 156.23 |
Daily Pivot Point R1 | 158.11 |
Daily Pivot Point R2 | 158.54 |
Daily Pivot Point R3 | 159.04 |
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