EUR/JPY chart - Trading View
Technical Analysis: Bias Bearish
- EUR/JPY pared early gains and slipped lower on the day
- The pair failed to capitalize on the bullish gap open, failed to extend gains above 5-DMA
- Stochs and RSI are on verge of bearish rollover from overbought levels
- Price action has slipped below 200H MA, GMMA indicator shows bearish shift on intraday charts
- The pair seems to find stiff resistance at 200-month MA at 130.31, decisive break above required for upside continuation.
Support levels - 129.12 (21-EMA), 129.02 (5W MA), 127.86 (55-EMA)
Resistance levels - 129.86 (200H MA), 130.31 (200 month MA), 130.60 (Upper BB)
Summary: EUR/JPY capped at 200-month MA, break below 200H MA raises scope for further weakness. Market sentiment stays mixed as vaccine, unlock optimism battles reflation, geopolitical fears. The pair eyes 21-EMA support at 129.12, break below to see more weakness.


AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106
FxWirePro: EUR/AUD attracts selling interest, vulnerable to more downside
FxWirePro: USD/CNY hits 15-month low , scope for further downside
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas
USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar
NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance
FxWirePro: USD/ZAR down trend loses steam, remains on bearish path
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 



