The EUR/JPY pair is steadily maintaining its upward trajectory, with a decisive rise to 167.64 in Thursday's session. Buyers consolidate near cycle highs while bears are nowhere to be seen.
On the daily chart, the Relative Strength Index (RSI) is noted in the positive territory. A consistent upward trend has unfolded over recent sessions, with the current RSI value at 59.8, showcasing continuous bullish momentum. Concurrently, the Moving Average Convergence Divergence (MACD) shows red bars decreasing in length, which suggests the decelerating negative momentum.
Ensuing examination of the hourly chart demonstrates a parallel bullish outlook. The hourly RSI values persistently float around the positive territory, with the recent reading at 64 seeming to consolidating after hitting overbought conditions. Additionally, the hourly MACD represents flat green bars, indicating steady positive momentum.
Upon observing the Simple Moving Average (SMA), the EUR/JPY pair remains in a visibly secure territory. Both short- and long-term SMAs convey a sustained upward trajectory, indicating pronounced bullish momentum. Specifically, the pair secures its position above the 20, 100, and 200-day SMA, conveying a consistent bullish outlook.
Overview | |
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Today last price | 167.65 |
Today Daily Change | 0.47 |
Today Daily Change % | 0.28 |
Today daily open | 167.18 |
Trends | |
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Daily SMA20 | 165.67 |
Daily SMA50 | 164.17 |
Daily SMA100 | 161.99 |
Daily SMA200 | 160.37 |
Levels | |
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Previous Daily High | 167.35 |
Previous Daily Low | 166.25 |
Previous Weekly High | 171.6 |
Previous Weekly Low | 164.02 |
Previous Monthly High | 171.6 |
Previous Monthly Low | 162.28 |
Daily Fibonacci 38.2% | 166.93 |
Daily Fibonacci 61.8% | 166.67 |
Daily Pivot Point S1 | 166.5 |
Daily Pivot Point S2 | 165.82 |
Daily Pivot Point S3 | 165.4 |
Daily Pivot Point R1 | 167.61 |
Daily Pivot Point R2 | 168.03 |
Daily Pivot Point R3 | 168.71 |
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