The EURJPY pair is currently trading at 157.85, showing a 0.19% increase from its previous value of 157.944. It is currently positioned above the Ichimoku Cloud, suggesting a neutral to bullish sentiment.
…
This is a premium post.
[s2If !current_user_can(access_s2member_level4)]Please register for FREE REGISTER to read full post below containing analysis. In case of any error or you think you are not able to read the full post below, please email us at support#nehcap.com [lwa][/s2If] [s2If current_user_can(access_s2member_level1)]
- EUR/JPY trades at 157.85, up 0.19%, as it hovers above the Ichimoku Cloud, indicating a neutral to bullish outlook.
The pair currently trades last at 157.944.
The previous day high was 158.23 while the previous day low was 156.58. The daily 38.2% Fib levels comes at 157.21, expected to provide support. Similarly, the daily 61.8% fib level is at 157.6, expected to provide support.
The Euro (EUR) advances against the Japanese Yen (JPY) for the second straight day after forming a hammer, which suggests the cross-currency pair could be headed for higher prices. As the North American session winds down, the EUR/JPY is trading at 157.85, gaining 0.19% at the time of writing.
After peaking at around 158.15, the EUR/JPY remains neutral to a downward bias despite trading above the Ichimoku Cloud (Kumo). As the pair continued to print successive series of lower highs and lows, today’s upward correction is being capped by the Kijun-Sen at 158.05, seen as the first resistance for buyers if they would like to retest yearly highs. A breach of the latter would expose 159.00, followed by the year-to-date (YTD) high at 159.76.
Conversely, the EUR/JPY first support would be the September 11 daily low of 156.58, which, once cleared, the pair would dive towards the Senkou Span B at 155.58. In the scenario of sliding below that level, the top of the Kumo will emerge as the next support at 154.70.
Technical Levels: Supports and Resistances
EURJPY currently trading at 157.86 at the time of writing. Pair opened at 157.46 and is trading with a change of 0.25 % .
| Overview | Overview.1 | |
|---|---|---|
| 0 | Today last price | 157.86 |
| 1 | Today Daily Change | 0.40 |
| 2 | Today Daily Change % | 0.25 |
| 3 | Today daily open | 157.46 |
The pair is trading below its 20 Daily moving average @ 158.29, above its 50 Daily moving average @ 157.14 , above its 100 Daily moving average @ 154.11 and above its 200 Daily moving average @ 148.47
| Trends | Trends.1 | |
|---|---|---|
| 0 | Daily SMA20 | 158.29 |
| 1 | Daily SMA50 | 157.14 |
| 2 | Daily SMA100 | 154.11 |
| 3 | Daily SMA200 | 148.47 |
The previous day high was 158.23 while the previous day low was 156.58. The daily 38.2% Fib levels comes at 157.21, expected to provide support. Similarly, the daily 61.8% fib level is at 157.6, expected to provide support.
Note the levels of interest below:
- Pivot support is noted at 156.62, 155.78, 154.98
- Pivot resistance is noted at 158.26, 159.07, 159.91
| Levels | Levels.1 |
|---|---|
| Previous Daily High | 158.23 |
| Previous Daily Low | 156.58 |
| Previous Weekly High | 158.52 |
| Previous Weekly Low | 157.00 |
| Previous Monthly High | 159.76 |
| Previous Monthly Low | 155.53 |
| Daily Fibonacci 38.2% | 157.21 |
| Daily Fibonacci 61.8% | 157.60 |
| Daily Pivot Point S1 | 156.62 |
| Daily Pivot Point S2 | 155.78 |
| Daily Pivot Point S3 | 154.98 |
| Daily Pivot Point R1 | 158.26 |
| Daily Pivot Point R2 | 159.07 |
| Daily Pivot Point R3 | 159.91 |
[/s2If]
Download Nehcap EAWe have two EAs that are operational on our LIVE accounts.
- EA-FIX: Check out the details here. Download EA-FIX . EA-FIX is a non-grid HFT scalper.
- EA-GROWTH: High quality low dd EA using trend grids. Download EA_GROWTHJoin Our Telegram Group
