EUR/JPY chart - Trading View
EUR/JPY was trading 0.06% higher on the day at 115.70 at around 15:15 GMT. The single currency buoyed after German advanced April CPI surprised to the upside.
German flash inflation figures tracked by the CPI showed consumer prices are seen rising at a monthly 0.3% and 0.8% on a year to April.
The broader HICP is expected at 0.4% inter-month and 0.8% over the last twelve months.
The pair has slipped below crucial 116 handle, scope for further weakness on charts.
Technical analysis points to further weakness in the pair. Momentum strongly bearish and volatility is rising on the weekly charts.
Next bear target lies at 115.26 (78.6% Fib) ahead of 112.43 (88.6% Fib). Bearish invalidation only above daily cloud.


Stock Futures Dip as Investors Await Key Payrolls Data
FxWirePro: GBP/AUD dips ahead of pivotal RBA call
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
China's Refining Industry Faces Major Shakeup Amid Challenges
EURJPY Breaks Above 184 – Euro Bulls Charge Toward 187
FxWirePro: GBP/NZD outlook weaker on renewed downside pressure
FxWirePro: NZD/USD slips as New Zealand’s unemployment rises in Q4
AUDJPY Smashes 30-Month Peak — Buy the Dip, 112 in Sight
FxWirePro: EUR/AUD bearish as RBA hike boosts Australian dollar
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays
FxWirePro-Major European Indices
FxWirePro: EUR/AUD downside pressure builds, key support level in focus
FxWirePro: NZD/USD consolidating around 0.6030 , bias is bullish
FxWirePro: AUD/USD jumps after RBA rate hike
Iran Unrest Sparks Oil Rally — Bounce Off EMA, Buy Dips to $66.40 Glory 



