EUR/JPY Technical Analysis: Further consolidation expected to persist around 125.00

  • The cross is prolonging the sideline theme around the key 125.00 barrier so far this week, although a breakout of it still remains elusive.
  • Further north, and on a clear surpass of this neighbourhood, the 127.00 area (or late December peaks) should emerge on the horizon.
  • In the meantime, extra consolidation should remain well in place as long as EUR/JPY remains supported by 123.39 (low January 15).

EUR/JPY daily chart

EUR/JPY

Overview:
    Today Last Price: 125.04
    Today Daily change: 0.02 pips
    Today Daily change %: 0.02%
    Today Daily Open: 125.02
Trends:
    Daily SMA20: 124.37
    Daily SMA50: 126.45
    Daily SMA100: 128.14
    Daily SMA200: 128.73
Levels:
    Previous Daily High: 125.25
    Previous Daily Low: 124.68
    Previous Weekly High: 125.32
    Previous Weekly Low: 123.78
    Previous Monthly High: 129.3
    Previous Monthly Low: 125.36
    Daily Fibonacci 38.2%: 125.03
    Daily Fibonacci 61.8%: 124.9
    Daily Pivot Point S1: 124.72
    Daily Pivot Point S2: 124.41
    Daily Pivot Point S3: 124.15
    Daily Pivot Point R1: 125.28
    Daily Pivot Point R2: 125.55
    Daily Pivot Point R3: 125.85

 

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