EUR/JPY Price Analysis: Above 144.00 comes the 2022 high


  • EUR/JPY extends the sharp bounce beyond the 143.00 mark.
  • The breakout of 144.04 should open the door to the YTD high.

EUR/JPY remains well bid and trades in multi-session peaks above the 143.00 yardstick on Tuesday.

The continuation of the rebound from last week’s lows remains well in place for the time being. That said, if the cross breaks above the weekly top at 144.04 (September 20), it could then challenge the 2022 peak at 145.63 (September 12).

In the meantime, while above the key 200-day SMA at 135.97, the constructive outlook for the cross should remain unchanged.

EUR/JPY daily chart

EUR/JPY

Overview
Today last price 143.13
Today Daily Change 119
Today Daily Change % 0.79
Today daily open 142.01
 
Trends
Daily SMA20 142.13
Daily SMA50 139.26
Daily SMA100 139.5
Daily SMA200 135.94
 
Levels
Previous Daily High 142.46
Previous Daily Low 141.37
Previous Weekly High 142.29
Previous Weekly Low 137.38
Previous Monthly High 145.64
Previous Monthly Low 137.38
Daily Fibonacci 38.2% 142.05
Daily Fibonacci 61.8% 141.79
Daily Pivot Point S1 141.43
Daily Pivot Point S2 140.86
Daily Pivot Point S3 140.34
Daily Pivot Point R1 142.53
Daily Pivot Point R2 143.04
Daily Pivot Point R3 143.62

 

 

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