Euro heads for the highest close since late December against the yen. Improvement in risk sentiment boosts EUR/JPY to break above 126.00 finally. The EUR/JPY pair rose further during the U Session with the strength to break above the 126.00 barrier. The pair climbed to 126.25, reaching the highest level since December 31. As of writing, was holding near the top, consolidating gains and headed toward a close clearly above 126.00. The mentioned level capped the upside several times during February. The move to the upside took place amid an improvement in risk sentiment on the back of positive expectations about a deal between the US and China. The yen weakened on risk appetite while the euro benefit from higher Bund yields and after Fitch Ratings kept Italy’s grade unchanged. The technical outlook now points to further gains for EUR/JPY while above 126.00. A decline under 124.80/125.00 (uptrend line and horizontal support zone) would remove the positive outlook, leaving the euro vulnerable. More levels EUR/JPY Overview: Today Last Price: 126.3 Today Daily change: 0.88 pips Today Daily change %: 0.70% Today Daily Open: 125.42 Trends: Daily SMA20: 125.09 Daily SMA50: 125.19 Daily SMA100: 127 Daily SMA200: 128.18 Levels: Previous Daily High: 125.79 Previous Daily Low: 125.38 Previous Weekly High: 125.94 Previous Weekly Low: 124.7 Previous Monthly High: 127.07 Previous Monthly Low: 118.84 Daily Fibonacci 38.2%: 125.54 Daily Fibonacci 61.8%: 125.64 Daily Pivot Point S1: 125.27 Daily Pivot Point S2: 125.13 Daily Pivot Point S3: 124.87 Daily Pivot Point R1: 125.68 Daily Pivot Point R2: 125.94 Daily Pivot Point R3: 126.08 FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/GBP to remain in 0.86-0.89 range near-term – Danske Bank FX Street 4 years Euro heads for the highest close since late December against the yen. Improvement in risk sentiment boosts EUR/JPY to break above 126.00 finally. The EUR/JPY pair rose further during the U Session with the strength to break above the 126.00 barrier. The pair climbed to 126.25, reaching the highest level since December 31. As of writing, was holding near the top, consolidating gains and headed toward a close clearly above 126.00. The mentioned level capped the upside several times during February. The move to the upside took place amid an improvement in risk sentiment on the back of… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
