#EURJPY @ 142.463 accelerates the decline below the 142.00 mark. (Pivot Orderbook analysis)
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- EUR/JPY accelerates the decline below the 142.00 mark.
- Further losses could revisit the October low in the sub-141.00 area.
The pair currently trades last at 142.463.
The previous day high was 144.85 while the previous day low was 143.17. The daily 38.2% Fib levels comes at 144.21, expected to provide resistance. Similarly, the daily 61.8% fib level is at 143.81, expected to provide resistance.
EUR/JPY looks well offered and drops to new 2-month lows in the 141.00 region on Thursday.
The sharp pullback below the 4-month support line opens the door to a deeper retracement in the short term, with the immediate target at the October low at 140.89 (October 10).
Below the latter emerges the key 200-day SMA, today at 139.02. The outlook for the cross is expected to remain positive while above this region.
Technical Levels: Supports and Resistances
EURJPY currently trading at 142.36 at the time of writing. Pair opened at 143.71 and is trading with a change of -0.94 % .
| Overview | Overview.1 | |
|---|---|---|
| 0 | Today last price | 142.36 |
| 1 | Today Daily Change | 185.00 |
| 2 | Today Daily Change % | -0.94 |
| 3 | Today daily open | 143.71 |
The pair is trading below its 20 Daily moving average @ 144.87, below its 50 Daily moving average @ 144.24 , above its 100 Daily moving average @ 141.72 and above its 200 Daily moving average @ 139.0
| Trends | Trends.1 | |
|---|---|---|
| 0 | Daily SMA20 | 144.87 |
| 1 | Daily SMA50 | 144.24 |
| 2 | Daily SMA100 | 141.72 |
| 3 | Daily SMA200 | 139.00 |
The previous day high was 144.85 while the previous day low was 143.17. The daily 38.2% Fib levels comes at 144.21, expected to provide resistance. Similarly, the daily 61.8% fib level is at 143.81, expected to provide resistance.
Note the levels of interest below:
- Pivot support is noted at 142.97, 142.23, 141.29
- Pivot resistance is noted at 144.65, 145.59, 146.33
| Levels | Levels.1 |
|---|---|
| Previous Daily High | 144.85 |
| Previous Daily Low | 143.17 |
| Previous Weekly High | 146.14 |
| Previous Weekly Low | 143.65 |
| Previous Monthly High | 147.12 |
| Previous Monthly Low | 142.56 |
| Daily Fibonacci 38.2% | 144.21 |
| Daily Fibonacci 61.8% | 143.81 |
| Daily Pivot Point S1 | 142.97 |
| Daily Pivot Point S2 | 142.23 |
| Daily Pivot Point S3 | 141.29 |
| Daily Pivot Point R1 | 144.65 |
| Daily Pivot Point R2 | 145.59 |
| Daily Pivot Point R3 | 146.33 |
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