#EURJPY @ 145.007 surpasses the 145.00 yardstick to new tops on Monday. (Pivot Orderbook analysis)
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- EUR/JPY surpasses the 145.00 yardstick to new tops on Monday.
- Next on the upside appears the 2022 top at 145.65 (September 12).
The pair currently trades last at 145.007.
The previous day high was 144.85 while the previous day low was 143.48. The daily 38.2% Fib levels comes at 144.32, expected to provide support. Similarly, the daily 61.8% fib level is at 144.0, expected to provide support.
EUR/JPY clinches new multi-week highs past the 145.00 level at the beginning of the week.
So far, the recovery appears underpinned by the 141.00 region, which stands as quite a decent support for the time being. The continuation of the uptrend could see the 2022 top at 145.63 (September 12) revisited in the near term.
In the meantime, while above the key 200-day SMA at 136.52, the constructive outlook for the cross should remain unchanged.
Technical Levels: Supports and Resistances
EURJPY currently trading at 145.09 at the time of writing. Pair opened at 144.58 and is trading with a change of 0.35 % .
| Overview | Overview.1 | |
|---|---|---|
| 0 | Today last price | 145.09 |
| 1 | Today Daily Change | 93.00 |
| 2 | Today Daily Change % | 0.35 |
| 3 | Today daily open | 144.58 |
The pair remains strongly bullish on the daily timeframe. It trades above its 20 SMA @ 141.83, 50 SMA 140.34, 100 SMA @ 140.11 and 200 SMA @ 136.48.
| Trends | Trends.1 | |
|---|---|---|
| 0 | Daily SMA20 | 141.83 |
| 1 | Daily SMA50 | 140.34 |
| 2 | Daily SMA100 | 140.11 |
| 3 | Daily SMA200 | 136.48 |
The previous day high was 144.85 while the previous day low was 143.48. The daily 38.2% Fib levels comes at 144.32, expected to provide support. Similarly, the daily 61.8% fib level is at 144.0, expected to provide support.
Note the levels of interest below:
- Pivot support is noted at 143.76, 142.93, 142.39
- Pivot resistance is noted at 145.13, 145.67, 146.5
| Levels | Levels.1 |
|---|---|
| Previous Daily High | 144.85 |
| Previous Daily Low | 143.48 |
| Previous Weekly High | 144.85 |
| Previous Weekly Low | 140.90 |
| Previous Monthly High | 145.64 |
| Previous Monthly Low | 137.38 |
| Daily Fibonacci 38.2% | 144.32 |
| Daily Fibonacci 61.8% | 144.00 |
| Daily Pivot Point S1 | 143.76 |
| Daily Pivot Point S2 | 142.93 |
| Daily Pivot Point S3 | 142.39 |
| Daily Pivot Point R1 | 145.13 |
| Daily Pivot Point R2 | 145.67 |
| Daily Pivot Point R3 | 146.50 |
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