Our free forex signals service trade today is a sell order on the EUR/JPY. The cross pair is standing just below the daily highs. The EUR/JPY cross dropped as the Japanese Yen futures attempted to rebound at the time of writing. However, in the short term, the pair maintains a sideways trend. That’s why we have to wait for a fresh trading opportunity. Technically, the price rebounded, but the swing up seems over. The cross is trading under 128.20, just above 128.50 today’s low. –Are you interested in learning more about managed forex accounts? Check our detailed guide- Fundamentally, the Japanese Yen received a helping hand from the Japanese Consumer Confidence, reported at 35.3 points above 35.0 estimates. Euro-zone Unemployment Claims 6.8% Surprisingly or not, the Euro depreciates even if the Eurozone Unemployment Rate dropped unexpectedly lower from 7.0% to 6.8% below 6.9% forecasts, while the PPI rose by 5.2% versus 2.5% expected. Unfortunately for the Euro, the Final Services PMI was reported at 55.5 below 55.8 estimates, while the German Final Services PMI came in at 55.8 versus 56.6 forecasts. Get FREE Forex Signals Now! 3 Free Forex Every Week – Full Technical Analysis From the technical point of view, the EUR/JPY pair signaled that the upwards movement ended after dropping below the uptrend line and after failing to stabilize above 128.40 weekly S1. Free forex signals – Sell EUR/JPY at 128.06 Free forex signals entry price and take profit Instrument: EUR/JPY Order Type: SELL STOP Entry price: 128.06 Stop Loss: 128.72 TP1: 127.15 My Risk: 1% Risk / Reward Ratio: 1:1.4 Looking to trade forex now? Invest at eToro! Trade Forex Now! 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Olimpiu Tuns Olimpiu Tuns Olimpiu Tuns graduated with a Master in Business Administration and is a seasoned Market Analyst / Trader / Trainer with 10 years of experience in the financial markets having expertise in Forex, Commodities, Index, Cryptocurrencies, and Stocks. He worked as a Market Analyst for three major brokerage companies, as a prop trader, and as a contributor/content creator for news portals and educational platforms. View All Post By Olimpiu Tuns Forex Trading Signals share Read Next GBP/USD Forecast: Tests 1.3350 as Ukrainian Nuclear Woes Ease Saqib Iqbal 2 months Our free forex signals service trade today is a sell order on the EUR/JPY. The cross pair is standing just below the daily highs. The EUR/JPY cross dropped as the Japanese Yen futures attempted to rebound at the time of writing. However, in the short term, the pair maintains a sideways trend. That’s why we have to wait for a fresh trading opportunity. Technically, the price rebounded, but the swing up seems over. The cross is trading under 128.20, just above 128.50 today’s low. -Are you interested in learning more about managed forex accounts? Check our detailed guide- Fundamentally, the… Top 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.