#EURJPY @ 149.188 adds to Friday’s gains beyond 149.00. (Pivot Orderbook analysis)
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- EUR/JPY adds to Friday’s gains beyond 149.00.
- Extra upside should meet the next target at 150.00.
The pair currently trades last at 149.188.
The previous day high was 148.71 while the previous day low was 147.69. The daily 38.2% Fib levels comes at 148.32, expected to provide support. Similarly, the daily 61.8% fib level is at 148.08, expected to provide support.
EUR/JPY extends Friday’s recovery and reclaims the area above 149.00 the figure at the beginning of the week.
The bullish outlook appears now reinvigorated and could propel the cross to revisit the key 150.00 mark in the short-term horizon. Further up, the cross could challenge the 2023 peak at 151.61 (May 2).
So far, further upside looks favoured while the cross trades above the 200-day SMA, today at 142.78.
Technical Levels: Supports and Resistances
EURJPY currently trading at 149.18 at the time of writing. Pair opened at 148.56 and is trading with a change of 0.42 % .
| Overview | Overview.1 | |
|---|---|---|
| 0 | Today last price | 149.18 |
| 1 | Today Daily Change | 78.00 |
| 2 | Today Daily Change % | 0.42 |
| 3 | Today daily open | 148.56 |
The pair remains strongly bullish on the daily timeframe. It trades above its 20 SMA @ 147.7, 50 SMA 145.1, 100 SMA @ 143.22 and 200 SMA @ 142.75.
| Trends | Trends.1 | |
|---|---|---|
| 0 | Daily SMA20 | 147.70 |
| 1 | Daily SMA50 | 145.10 |
| 2 | Daily SMA100 | 143.22 |
| 3 | Daily SMA200 | 142.75 |
The previous day high was 148.71 while the previous day low was 147.69. The daily 38.2% Fib levels comes at 148.32, expected to provide support. Similarly, the daily 61.8% fib level is at 148.08, expected to provide support.
Note the levels of interest below:
- Pivot support is noted at 147.93, 147.3, 146.91
- Pivot resistance is noted at 148.95, 149.34, 149.97
| Levels | Levels.1 |
|---|---|
| Previous Daily High | 148.71 |
| Previous Daily Low | 147.69 |
| Previous Weekly High | 151.62 |
| Previous Weekly Low | 147.13 |
| Previous Monthly High | 150.44 |
| Previous Monthly Low | 142.55 |
| Daily Fibonacci 38.2% | 148.32 |
| Daily Fibonacci 61.8% | 148.08 |
| Daily Pivot Point S1 | 147.93 |
| Daily Pivot Point S2 | 147.30 |
| Daily Pivot Point S3 | 146.91 |
| Daily Pivot Point R1 | 148.95 |
| Daily Pivot Point R2 | 149.34 |
| Daily Pivot Point R3 | 149.97 |
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