EUR/JPY chart - Trading View
Technical Analysis: Bias Bullish
- EUR/JPY was extending range trade for the second straight session
- Price action remains capped within the daily cloud and break above will provide upside boost
- MACD and ADX support upside in the pair and volatility is rising as evidenced by widening Bollinger bands
- Oscillators are biased higher, price action is above major moving averages, RSI on the daily and weekly charts is above 50 mark
Support levels - 123.62 (nearly converged 5-DMA and 55-EMA), 123.22 (38.2% Fib), 123.09 (110-EMA)
Resistance levels - 125.18 (200W MA), 125.95 (50% Fib), 126.30 (Trendline)
Summary: EUR/JPY trades with a bullish bias. The pair finds stiff resistance at 200W MA at 125.18. Breakout above cloud and 200W MA will propel the pair higher. Failure to break above cloud and retrace below 55-EMA will negate any bullish bias.


FxWirePro: USD/ZAR firms ahead of Fed interest rate decision
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds
FxWirePro : GBP/NZD strongly bearish despite upside attempts
FxWirePro: AUD/USD falls after softer-than-expected Australian Q2 CPI
Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path
JPY Action Bias: EURJPY and CADJPY Emerge as Extremely Bullish Pairs to Watch
FxWirePro: NZD/USD firms as Kiwi gains on strong ANZ business outlook data
FxWirePro- Major Crypto levels and bias summary
Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
JPY Pairs Action Bias: EURJPY Leads as Bullish Standout Amid Mixed Momentum
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup 



