#EURJPY @ 143.296 adds to Monday’s retracement and revisits 143.00. (Pivot Orderbook analysis)
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- EUR/JPY adds to Monday’s retracement and revisits 143.00.
- Further decline could see the mid-142.00s revisited near term.
The pair currently trades last at 143.296.
The previous day high was 145.01 while the previous day low was 143.05. The daily 38.2% Fib levels comes at 143.8, expected to provide resistance. Similarly, the daily 61.8% fib level is at 144.26, expected to provide resistance.
EUR/JPY extends the pessimism seen at the beginning of the week and puts the 143.00 area to the test on Tuesday.
In case the selling pressure gathers extra steam, then the cross could attempt a move to the November low at 142.54 (November 11) ahead of the temporary 100-day SMA, today at 141.62.
In the longer run, while above the key 200-day SMA at 138.89, the positive outlook is expected to remain unchanged.
Technical Levels: Supports and Resistances
EURJPY currently trading at 143.36 at the time of writing. Pair opened at 143.61 and is trading with a change of -0.17 % .
| Overview | Overview.1 | |
|---|---|---|
| 0 | Today last price | 143.36 |
| 1 | Today Daily Change | 100.00 |
| 2 | Today Daily Change % | -0.17 |
| 3 | Today daily open | 143.61 |
The pair is trading below its 20 Daily moving average @ 145.11, below its 50 Daily moving average @ 144.2 , above its 100 Daily moving average @ 141.61 and above its 200 Daily moving average @ 138.87
| Trends | Trends.1 | |
|---|---|---|
| 0 | Daily SMA20 | 145.11 |
| 1 | Daily SMA50 | 144.20 |
| 2 | Daily SMA100 | 141.61 |
| 3 | Daily SMA200 | 138.87 |
The previous day high was 145.01 while the previous day low was 143.05. The daily 38.2% Fib levels comes at 143.8, expected to provide resistance. Similarly, the daily 61.8% fib level is at 144.26, expected to provide resistance.
Note the levels of interest below:
- Pivot support is noted at 142.77, 141.93, 140.81
- Pivot resistance is noted at 144.73, 145.85, 146.69
| Levels | Levels.1 |
|---|---|
| Previous Daily High | 145.01 |
| Previous Daily Low | 143.05 |
| Previous Weekly High | 146.14 |
| Previous Weekly Low | 143.65 |
| Previous Monthly High | 148.40 |
| Previous Monthly Low | 140.90 |
| Daily Fibonacci 38.2% | 143.80 |
| Daily Fibonacci 61.8% | 144.26 |
| Daily Pivot Point S1 | 142.77 |
| Daily Pivot Point S2 | 141.93 |
| Daily Pivot Point S3 | 140.81 |
| Daily Pivot Point R1 | 144.73 |
| Daily Pivot Point R2 | 145.85 |
| Daily Pivot Point R3 | 146.69 |
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