EUR/JPY chart - Trading View
EUR/JPY was trading 0.18% lower on the day at 123.20 at around 09:50 GMT, outlook remains bearish.
The pair is extending weakness for the 5th straight session as price action consolidates below daily cloud.
MACD shows bearish crossover on signal line, ADX support downside bias. Stochs and RSI are sharply lower.
Analysis of GMMA indicator shows minor trend is strongly bearish, while major trend is turning bearish.
The pair finds minor support at 110-EMA at 123.02, break below will accentuate weakness. Next major bear target lies at 200-DMA at 121.06.
Support levels - 123.02 (110-EMA), 122.23 (38.2% Fib), 121.06 (200-DMA)
Resistance levels - 123.70 (5-DMA), 124 (21-EMA), 125.00 (Upper BB)


FxWirePro: USD/ZAR bears maintain upper hand
GBPJPY Claims 215: Sterling Bulls Forge Ahead with Locked-In Momentum
FxWirePro: EUR/AUD holds narrow range, focus on near-term support
Aussie-Yen Pulls Back to 114 — But Bulls See a Dip-Buying Run to 117
FxWirePro- Major Pair levels and bias summary
EURJPY Dips on NFP Firepower But Stays Bullish Above 184—Load Up Near 185 for a Run to 188
FxWirePro: GBP/AUD bulls gain momentum on hot U.S. Jobs data
FxWirePro- Major Crypto levels and bias summary
AUDJPY Reclaims 114: Bears Growl in the Short Term, But Bulls Hold the Line
FxWirePro: GBP/USD neutral in the near-term, scope for downward resumption
FxWirePro: USD/JPY on nervous hold around 160.00
FxWirePro: EUR/ NZD bulls gain momentum,eyes level 2.0000
FxWirePro: AUD/USD softens as risk appetite abates
FxWirePro: EUR/AUD jumps as payrolls surprise fuels upside
FxWirePro: GBP/USD falls to two-week low on strong US jobs data
GBP/JPY Bulls Reload at 214: Triple EMA Support Eyes 216–217 Breakout 



