#EURJPY @ 141.450 gives away part of the recent strong rebound to the 143.00 area. (Pivot Orderbook analysis)
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- EUR/JPY gives away part of the recent strong rebound to the 143.00 area.
- Losses could gather traction on a breach of the 200-day SMA.
The pair currently trades last at 141.450.
The previous day high was 142.88 while the previous day low was 141.59. The daily 38.2% Fib levels comes at 142.39, expected to provide resistance. Similarly, the daily 61.8% fib level is at 142.08, expected to provide resistance.
EUR/JPY leaves behind two consecutive sessions with gains and comes under pressure after another failed attempt to break above the 143.00 region.
In the meantime, the 143.00 area remains a tough barrier for bulls. This key resistance zone appears reinforced by the 100-day SMA, today at 142.91
If the cross breaches the 200-day SMA at 140.99, the outlook is expected to shift to bearish.
Technical Levels: Supports and Resistances
EURJPY currently trading at 141.48 at the time of writing. Pair opened at 142.3 and is trading with a change of -0.58 % .
| Overview | Overview.1 | |
|---|---|---|
| 0 | Today last price | 141.48 |
| 1 | Today Daily Change | 117.00 |
| 2 | Today Daily Change % | -0.58 |
| 3 | Today daily open | 142.30 |
The pair is trading above its 20 Daily moving average @ 140.83, below its 50 Daily moving average @ 141.73 , below its 100 Daily moving average @ 142.97 and above its 200 Daily moving average @ 141.01
| Trends | Trends.1 | |
|---|---|---|
| 0 | Daily SMA20 | 140.83 |
| 1 | Daily SMA50 | 141.73 |
| 2 | Daily SMA100 | 142.97 |
| 3 | Daily SMA200 | 141.01 |
The previous day high was 142.88 while the previous day low was 141.59. The daily 38.2% Fib levels comes at 142.39, expected to provide resistance. Similarly, the daily 61.8% fib level is at 142.08, expected to provide resistance.
Note the levels of interest below:
- Pivot support is noted at 141.63, 140.97, 140.35
- Pivot resistance is noted at 142.92, 143.54, 144.2
| Levels | Levels.1 |
|---|---|
| Previous Daily High | 142.88 |
| Previous Daily Low | 141.59 |
| Previous Weekly High | 142.34 |
| Previous Weekly Low | 139.93 |
| Previous Monthly High | 142.86 |
| Previous Monthly Low | 137.39 |
| Daily Fibonacci 38.2% | 142.39 |
| Daily Fibonacci 61.8% | 142.08 |
| Daily Pivot Point S1 | 141.63 |
| Daily Pivot Point S2 | 140.97 |
| Daily Pivot Point S3 | 140.35 |
| Daily Pivot Point R1 | 142.92 |
| Daily Pivot Point R2 | 143.54 |
| Daily Pivot Point R3 | 144.20 |
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