EUR/JPY has managed to surpass September’s tops beyond 120.00 the figure and advance to fresh peaks in the vicinity of 120.30, losing some ground afterwards. The cross is now deriving some weakness from the soft note around the European currency, while the 100-day SMA in the 119.80 region is offering some contention for the time being. Looking at the broader picture, the continuation of the upside momentum should motivate the cross to test the critical 200-day SMA, today at 122.30. 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 US Dollar Index Technical Analysis: DXY remains under pressure. Risks a break below 98.00 FX Street 4 years EUR/JPY has managed to surpass September's tops beyond 120.00 the figure and advance to fresh peaks in the vicinity of 120.30, losing some ground afterwards. The cross is now deriving some weakness from the soft note around the European currency, while the 100-day SMA in the 119.80 region is offering some contention for the time being. Looking at the broader picture, the continuation of the upside momentum should motivate the cross to test the critical 200-day SMA, today at 122.30. 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.
