The cross is attempting a rebound following the increasing selling bias around the Japanese Yen, managing to retake the 128.00 neaighbourhood so far. Immediate target to the downside now emerges at Friday’s low at 126.63. A persistent breakdown of this area should pave the way for a visit to August’s low near 124.90 ahead of 2018 lows in the 124.60 region. Adding to the selling mood, the cross keeps navigating below the daily cloud. On the upside, the initial hurdle emerges at 128.73, where is located the 10-day SMA. EUR/JPY daily chart EUR/JPY Overview: Last Price: 128.04 Daily change: 44 pips Daily change: 0.345% Daily Open: 127.6 Trends: Daily SMA20: 129.72 Daily SMA50: 129.92 Daily SMA100: 129.49 Daily SMA200: 130.56 Levels: Daily High: 127.92 Daily Low: 126.63 Weekly High: 130.22 Weekly Low: 126.63 Monthly High: 133.15 Monthly Low: 127.87 Daily Fibonacci 38.2%: 127.13 Daily Fibonacci 61.8%: 127.43 Daily Pivot Point S1: 126.85 Daily Pivot Point S2: 126.09 Daily Pivot Point S3: 125.55 Daily Pivot Point R1: 128.14 Daily Pivot Point R2: 128.68 Daily Pivot Point R3: 129.43 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 DXY Technical Analysis: Remains bid and targets 97.00 and above FX Street 4 years The cross is attempting a rebound following the increasing selling bias around the Japanese Yen, managing to retake the 128.00 neaighbourhood so far. Immediate target to the downside now emerges at Friday's low at 126.63. A persistent breakdown of this area should pave the way for a visit to August's low near 124.90 ahead of 2018 lows in the 124.60 region. Adding to the selling mood, the cross keeps navigating below the daily cloud. On the upside, the initial hurdle emerges at 128.73, where is located the 10-day SMA. EUR/JPY daily chart EUR/JPY Overview: Last Price: 128.04 Daily change: 44… 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.
