EUR/JPY chart - Trading View
EUR/JPY was trading 0.23% lower on the day at 115.49 at around 09:06 GMT, after closing 0.37% lower in the previous session.
The pair is extending weakness for the 3rd straight session after upside was rejected at 21-EMA.
Technical studies for the pair support more weakness. Stochs and RSI are biased lower and MACD is in the negative zone.
Analysis of the GMMA indicator shows major trend has been strongly bearish, while minor trend has turned bearish after rejection at 21-EMA.
The pair is on track to test major trendline support at 114.40. Further weakness will see dip till 88.6% Fib at 112.43.
On the flipside, 21-EMA is strong resistance at 116.28, any upside only on decisive break above.


FxWirePro: GBP/USD rises as soft US data pressures dollar
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/AUD drifts lower after BOE rate decision
FxWirePro: USD/JPY edges higher as focus shifts to BOJ decision
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds
FxWirePro: AUD/USD dips below lower range, bearish bias increases
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level
FxWirePro : GBP/NZD strongly bearish despite upside attempts
FxWirePro: NZD/USD firms as Kiwi gains on strong ANZ business outlook data
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict
FxWirePro: USD/CAD slips after Fed holds rates steady
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary 



