The EURJPY pair surges upwards to set new highs for the year 2023.
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- EUR/JPY accelerates its upside and records new 2023 peaks.
The pair currently trades last at 152.786.
The previous day high was 151.78 while the previous day low was 150.92. The daily 38.2% Fib levels comes at 151.45, expected to provide support. Similarly, the daily 61.8% fib level is at 151.25, expected to provide support.
EUR/JPY climbs markedly to new 2023 peaks just above the 153.00 hurdle on Thursday.
The current scenario remains open to extra gains in the short-term horizon. Against that, there are no resistance levels of note until the weekly low recorded in late September 2008 at 156.83, which precedes the key round level at 157.00.
So far, further upside looks favoured while the cross trades above the 200-day SMA, today at 144.39.
Technical Levels: Supports and Resistances
EURJPY currently trading at 152.95 at the time of writing. Pair opened at 151.7 and is trading with a change of 0.82 % .
| Overview | Overview.1 | |
|---|---|---|
| 0 | Today last price | 152.95 |
| 1 | Today Daily Change | 158.00 |
| 2 | Today Daily Change % | 0.82 |
| 3 | Today daily open | 151.70 |
The pair remains strongly bullish on the daily timeframe. It trades above its 20 SMA @ 149.93, 50 SMA 148.49, 100 SMA @ 145.64 and 200 SMA @ 144.39.
| Trends | Trends.1 | |
|---|---|---|
| 0 | Daily SMA20 | 149.93 |
| 1 | Daily SMA50 | 148.49 |
| 2 | Daily SMA100 | 145.64 |
| 3 | Daily SMA200 | 144.39 |
The previous day high was 151.78 while the previous day low was 150.92. The daily 38.2% Fib levels comes at 151.45, expected to provide support. Similarly, the daily 61.8% fib level is at 151.25, expected to provide support.
Note the levels of interest below:
- Pivot support is noted at 151.15, 150.61, 150.29
- Pivot resistance is noted at 152.02, 152.33, 152.88
| Levels | Levels.1 |
|---|---|
| Previous Daily High | 151.78 |
| Previous Daily Low | 150.92 |
| Previous Weekly High | 150.44 |
| Previous Weekly Low | 148.63 |
| Previous Monthly High | 151.62 |
| Previous Monthly Low | 146.14 |
| Daily Fibonacci 38.2% | 151.45 |
| Daily Fibonacci 61.8% | 151.25 |
| Daily Pivot Point S1 | 151.15 |
| Daily Pivot Point S2 | 150.61 |
| Daily Pivot Point S3 | 150.29 |
| Daily Pivot Point R1 | 152.02 |
| Daily Pivot Point R2 | 152.33 |
| Daily Pivot Point R3 | 152.88 |
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