EURJPY adds to the weekly leg lower and breaks below 143.00. (Pivot Orderbook analysis)
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- EURJPY adds to the weekly leg lower and breaks below 143.00.
- Next on the downside now comes the October lows near 140.90.
The pair currently trades last at 143.64.
The previous day high was 146.74 while the previous day low was 143.89. The daily 38.2% Fib levels comes at 144.98, expected to provide resistance. Similarly, the daily 61.8% fib level is at 145.66, expected to provide resistance.
EURJPY accelerates its decline and breaches the key support at 143.00 the figure so far on Friday.
The cross seems to have embarked on a corrective phase and the continuation of this stance could now extend to the October low near 140.90, an area coincident with the 3-month support line (off the August low).
In the longer run, while above the key 200-day SMA at 138.08, the constructive outlook is expected to remain unchanged.
Technical Levels: Supports and Resistances
EURUSD currently trading at 143.64 at the time of writing. Pair opened at 144.01 and is trading with a change of -0.26 % .
| Overview | Overview.1 | |
|---|---|---|
| 0 | Today last price | 143.64 |
| 1 | Today Daily Change | 248.00 |
| 2 | Today Daily Change % | -0.26 |
| 3 | Today daily open | 144.01 |
The pair is trading below its 20 Daily moving average @ 146.29, below its 50 Daily moving average @ 143.75 , above its 100 Daily moving average @ 141.14 and above its 200 Daily moving average @ 138.06
| Trends | Trends.1 | |
|---|---|---|
| 0 | Daily SMA20 | 146.29 |
| 1 | Daily SMA50 | 143.75 |
| 2 | Daily SMA100 | 141.14 |
| 3 | Daily SMA200 | 138.06 |
The previous day high was 146.74 while the previous day low was 143.89. The daily 38.2% Fib levels comes at 144.98, expected to provide resistance. Similarly, the daily 61.8% fib level is at 145.66, expected to provide resistance.
Note the levels of interest below:
- Pivot support is noted at 143.02, 142.03, 140.17
- Pivot resistance is noted at 145.87, 147.73, 148.72
| Levels | Levels.1 |
|---|---|
| Previous Daily High | 146.74 |
| Previous Daily Low | 143.89 |
| Previous Weekly High | 147.76 |
| Previous Weekly Low | 144.04 |
| Previous Monthly High | 148.40 |
| Previous Monthly Low | 140.90 |
| Daily Fibonacci 38.2% | 144.98 |
| Daily Fibonacci 61.8% | 145.66 |
| Daily Pivot Point S1 | 143.02 |
| Daily Pivot Point S2 | 142.03 |
| Daily Pivot Point S3 | 140.17 |
| Daily Pivot Point R1 | 145.87 |
| Daily Pivot Point R2 | 147.73 |
| Daily Pivot Point R3 | 148.72 |
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