Chart - Courtesy Trading View
Technical Analysis: Bias Bearish
- EUR/JPY was trading 1.13% lower on the day at 139.75 at around 13:40 GMT
- Recovery attempts in the pair have been capped at 5-DMA which is trending lower
- MACD is on verge of bearish crossover on signal line, Chikou span is biased lower
- Momentum is bearish. RSI confirms bearish rollover from overbought levels
- Price action has slipped below 200H MA and GMMA indicator shows major and minor trend are bearish
Support levels - 139.05 (21-EMA), 138.30 (20-DMA)
Resistance levels - 141.08 (200H MA), 141.86 (5-DMA)
Summary: EUR/JPY trades with a bearish bias. Scope for test of 20-DMA at 138.30.


FxWirePro: USD/CNY dips as yuan firms on improving risk appetite
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25%
FxWirePro- Woodies pivot (Major)
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97
FxWirePro :USD/JPY eases slightly, remains on bullish path
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118
FxWirePro:USD/JPY hovers near a four-decade low
FxWirePro: GBP/NZD gains some ground but outlook is bearish
BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral 



