EUR/JPY chart - Trading View
EUR/JPY extending weakness for the 3rd straight session, trades 0.18% lower on the day at 121.50 at 05:20 GMT.
Risk-off triggered by US threat to impose additional tariffs on EU’s imported goods, sent German bond yields to fresh record lows, weighing on the euro.
The pair has failed at 55-EMA resistance and has retraced below 21-EMA support.
Major trend is bearish. Stochastics RSI is showing rollover from overbought levels.
Break below 21-EMA has opened up downside, dip till lower Bollinger band at 121.15 ahead of trendline at 120.20 likely.
Focus on German Markit Services PMI (June), scheduled for release at 07:55 GMT for further impetus.
PMI is expected to show the pace of expansion of the activity remained unchanged at 55.6 in June.
Strong resistance is seen at 122.16 (nearly converged 5-DMA and 21-EMA). Bearish invalidation only above daily cloud.
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.


AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
FxWirePro: GBP/AUD drifts lower after BOE rate decision
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD rises as soft US data pressures dollar
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro- Major Pair levels and bias summary
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
FxWirePro- Woodies pivot (Major)
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target 



