After two consecutive daily advances, EUR/JPY is now struggling to add to recent gains amidst some renewed selling pressure hitting the European currency. The resumption of the downtrend could well see October’s low in the 1.2660 region retested ahead of August’s low at 124.91. On the upside, a clear break above the 10-day SMA at 128.42 should open the door for a visit to the 129.00 neighbourhood (where sits the base of the daily cloud) and above, where emerge the 21-, 100- and 55-day SMA. EUR/JPY daily chart EUR/JPY Overview: Last Price: 128.26 Daily change: -8.0 pips Daily change: -0.0623% Daily Open: 128.34 Trends: Daily SMA20: 129.37 Daily SMA50: 129.97 Daily SMA100: 129.46 Daily SMA200: 130.49 Levels: Daily High: 128.46 Daily Low: 127.74 Weekly High: 130.22 Weekly Low: 126.63 Monthly High: 133.15 Monthly Low: 127.87 Daily Fibonacci 38.2%: 128.18 Daily Fibonacci 61.8%: 128.01 Daily Pivot Point S1: 127.9 Daily Pivot Point S2: 127.46 Daily Pivot Point S3: 127.18 Daily Pivot Point R1: 128.62 Daily Pivot Point R2: 128.9 Daily Pivot Point R3: 129.34 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 EUR/USD keeps the neutral/bearish outlook near term – Scotiabank FX Street 4 years After two consecutive daily advances, EUR/JPY is now struggling to add to recent gains amidst some renewed selling pressure hitting the European currency. The resumption of the downtrend could well see October's low in the 1.2660 region retested ahead of August's low at 124.91. On the upside, a clear break above the 10-day SMA at 128.42 should open the door for a visit to the 129.00 neighbourhood (where sits the base of the daily cloud) and above, where emerge the 21-, 100- and 55-day SMA. EUR/JPY daily chart EUR/JPY… 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.
