EUR/JPY Price Analysis: Beyond 150.00 comes the 2023 peak


  • The weekly rally in EUR/JPY remains unabated so far.
  • Further north of 150.00 emerges the YTD high at 151.61.

EUR/JPY maintains the bullish bias for yet another session and approaches the 150.00 barrier at the end of the week.

If the cross clears the key round level at 150.00, it could then embark on a probable move to the 2023 top at 151.61 (May 2).

So far, further upside looks favoured while the cross trades above the 200-day SMA, today at 143.29.

EUR/JPY daily chart

EUR/JPY

Overview
Today last price 149.56
Today Daily Change 89
Today Daily Change % 0.11
Today daily open 149.4
 
Trends
Daily SMA20 148.39
Daily SMA50 145.73
Daily SMA100 143.8
Daily SMA200 143.27
 
Levels
Previous Daily High 149.45
Previous Daily Low 148.78
Previous Weekly High 149.27
Previous Weekly Low 146.14
Previous Monthly High 150.44
Previous Monthly Low 142.55
Daily Fibonacci 38.2% 149.19
Daily Fibonacci 61.8% 149.03
Daily Pivot Point S1 148.96
Daily Pivot Point S2 148.53
Daily Pivot Point S3 148.29
Daily Pivot Point R1 149.64
Daily Pivot Point R2 149.88
Daily Pivot Point R3 150.32

 

 

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