This week, EUR/JPY is trading sideways near the 120.00 handle The level to beat for sellers is the 119.80 level. EUR/JPY daily chart EUR/JPY is trading in a bear trend below its 200-day simple moving average (DMA). The market is currently in correction mode after the October bull run as the spot stays limited below the 121.00 handle. EUR/JPY four-hour chart On the four-hour chart, the market is trading below the 120.46/64 resistance and the 100/200 SMAs. A 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 ranging this week with the price currently hovering near the 121.15 support level and below the main SMAs. 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 LTC/USD Technical Analysis: 50.00 has broken to the downside FX Street 3 years This week, EUR/JPY is trading sideways near the 120.00 handle The level to beat for sellers is the 119.80 level. EUR/JPY daily chart EUR/JPY is trading in a bear trend below its 200-day simple moving average (DMA). The market is currently in correction mode after the October bull run as the spot stays limited below the 121.00 handle. EUR/JPY four-hour chart On the four-hour chart, the market is trading below the 120.46/64 resistance and the 100/200 SMAs. A break below 119.80 can lead to the 119.42 support level, according to Technical Confluences Indicator. … 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.
