Chart - Courtesy Trading View
EUR/JPY was trading 0.22% lower on the day at 128.75 at around 10:40 GMT.
The pair is extending sideways at cloud base support, break below will see more downside.
MACD and ADX support downside in the pair. Oscillators are strongly bearish, Stochs and RSI are sharply lower.
Volatility is high and rising and major moving averages on the daily chart are trending lower.
GMMA indicator shows major trend is turning bearish while minor trend is strongly bearish.
Support levels - 128.00 (Rising trendline), 127.45 (110-week EMA), 126.84 (Lower W BB)
Resistance levels - 128.98 (55-week EMA), 129.07 (5-DMA), 129.79 (converged 21 and 55 EMAs)
Summary: EUR/JPY trades with a bearish bias. Watch out for break below daily cloud for further weakness.


FxWirePro: AUD/USD eases amid uncertainty over the U.S.–Iran standoff
FxWirePro- Major European Indices
FxWirePro: GBP/NZD recovers some ground but bearish outlook persists
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/JPY nears 160 as intervention risk intensifies
FxWirePro: GBP/AUD recovers some ground, geopolitics holds center stage
NZDJPY Catches Its Breath: Bulls Defend 94 Floor With Sights Set on 96–97
GBPJPY Takes a Breather at 215 After Three-Week Rampage; Bulls Reload for 216–217
FxWirePro- Woodies pivot (Major)
NZD/JPY Springs Off 38.2% Fib Support: Triple EMA “Buy the Dip” Setup Eyes 96.15–97
FxWirePro: NZD/USD eases as Middle East tensions weigh on sentiment
FxWirePro: USD/JPY upside capped as intervention risk limit upside
Bitcoin Cracks Below $70K: ETF Bloodbath and Iran Tensions Spark Bearish Breakdown as Bears Eye $67K
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious
Euro-Yen Retreats From 186.20 Peak, but Bulls Reload for a Run at 188 



