EUR/JPY is ending the week on its low tick. The level to beat for bears is the 119.80 level. EUR/JPY daily chart EUR/JPY is trading in a downtrend below the 200-day simple moving average (DMA). The market is currently correcting the October bull run as the spot stays limited by the 121.00 handle. EUR/JPY four-hour chart On the four-hour chart, the market is challenging the 119.80 level while below the main SMAs. A daily break below 119.80 can lead to the 119.42 support level, according to Technical Confluences Indicator. EUR/JPY 30-minute chart The market is ending the week near the weekly lows while below the main SMAs. Resistance is seen at the 120.15 and 120.45 levels. Additional key levels 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 Eurozone: Market sentiment toward the economy has improved, but it remains weak – Wells Fargo FX Street 3 years EUR/JPY is ending the week on its low tick. The level to beat for bears is the 119.80 level. EUR/JPY daily chart EUR/JPY is trading in a downtrend below the 200-day simple moving average (DMA). The market is currently correcting the October bull run as the spot stays limited by the 121.00 handle. EUR/JPY four-hour chart On the four-hour chart, the market is challenging the 119.80 level while below the main SMAs. A daily break below 119.80 can lead to the 119.42 support level, according to Technical Confluences Indicator. EUR/JPY 30-minute 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.
