EUR/JPY chart - Trading View
Technical Analysis: Bias Bullish
GMMA Indicator
- Major trend is turning bullish, while minor trend is strongly bullish
- GMMA keeps scope for further gains
Ichimoku Analysis
- Price action has shown a break above daily cloud
- Bullish Tenkan Sen crossover on Kijun Sen supports upside bias
- Chikou Span has turned south which suggests minor pullback
- Pullbacks are likely to hold support at Tenkan Sen, violation below will negate upside bias
Oscillators
- Oscillators are bullishly aligned
- RSI is above 60 and Stochastics show bullish momentum
Bollinger Bands
- Bollinger bands are widening on the daily charts
- Rising volatility with bullish momentum could carry the pair higher
Major Support Levels: 118.41 (converged 5-DMA and 110-EMA), 117.62 (55-EMA), 117.42 (21-EMA)
Major Resistance Levels: 119.25 (converged 200-DMA and channel top), 119.63 (61.8% Fib), 120.22 (55W EMA)
Summary: The pair has paused upside at major resistance at 200-DMA and channel top. Technical bias remains bullish. Breakout at 200-DMA will propel the pair higher. Strong support is seen at 118.41 (converged 5-DMA and 110-EMA). Major weakness only below 55-EMA.


FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds
FxWirePro : GBP/NZD strongly bearish despite upside attempts
FxWirePro: USD/ CNY hits one-month low,scope for futher downside
FxWirePro: USD/CAD slips after Fed holds rates steady
Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/JPY edges higher as focus shifts to BOJ decision
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD drifts lower after BOE rate decision
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/ZAR firms ahead of Fed interest rate decision
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict 



