Upside in EUR/JPY lost momentum above 121.00. Further up aligns the 21-day SMA at 121.27. Levels just above the 121.00 mark, home of the 55-day SMA, continue to limit occasional bullish attempts in EUR/JPY. Above this area comes in the 21-day SMA at 121.25. If the buying pressure gathers steam, then there are no relevant resistance levels until 2020 highs in the 122.85/90 band. (January 16th). Looking at the broader view, while above the 200-day SMA, today at 120.59, the cross should keep the positive stance in the short-term horizon. EUR/JPY daily chart 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 Australia: Weak December not worrying – TDS FX Street 2 years Upside in EUR/JPY lost momentum above 121.00. Further up aligns the 21-day SMA at 121.27. Levels just above the 121.00 mark, home of the 55-day SMA, continue to limit occasional bullish attempts in EUR/JPY. Above this area comes in the 21-day SMA at 121.25. If the buying pressure gathers steam, then there are no relevant resistance levels until 2020 highs in the 122.85/90 band. (January 16th). Looking at the broader view, while above the 200-day SMA, today at 120.59, the cross should keep the positive stance in the short-term horizon. EUR/JPY daily chart 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.
