EUR/JPY PRICE ANALYSIS: FURTHER LOSSES ON THE CARDS BELOW THE 100-DAY SMA. EUR/JPY fades Wednesday’s small advance and drops to new multi-day lows below the 144.00 level on Thursday. While further side-lined trading seems likely for the time being, the cross could face bouts of selling pressure and confront the provisional 100-day SMA at 143.09. The loss of the latter could spark a deeper move to the weekly low at 142.14 (February 24). In the meantime, while above the 200-day SMA, today at 141.75, the outlook for the cross is expected to remain positive.