EUR/JPY chart - Trading View
Spot Analysis:
EUR/JPY was trading 0.28% higher on the way at 132.36 at around 09:10 GMT.
Previous Week's High/ Low: 133.48/ 131.91
Previous Session's High/ Low: 132.60/ 131.86
Fundamental Overview:
Improving risk-appetite weighs on the yen, pushing the pair higher.
Focus now on key data events for the week ahead, including the European Central Bank meeting this Thursday.
Upcoming data for the week:
– German GfK Consumer Confidence (Wednesday)
– German labour market report, EMU final Consumer Confidence, ECB meeting, German flash CPI (Thursday)
– Advanced German Q3 GDP, flash EMU CPI (Friday)
Technical Analysis:
- EUR/JPY has paused three straight sessions of downside
- Price action has edged above 5-DMA and is hovering around 200H MA
- Major and minor trend are bullish as evidenced by GMMA indicator
- Momentum is bullish and volatility is high
Major Support and Resistance Levels:
Support - 130.13 (200-month MA), Resistance - 132.66 (76.4% Fib)
Summary: EUR/JPY is attempting retrace above 200H MA. Major trend on the daily charts is bullish. Decisive break above 200H MA to see further gains.


Major Pair Action Bias: Bullish Pairs to Watch Out For
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FxWirePro :USD/JPY eases slightly, remains on bullish path
FxWirePro: USD/ZAR retreats but trend is still bullish
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
FxWirePro: GBP/NZD gains some ground but bias is still bearish
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
FxWirePro: NZD/USD edges lower, remains on back foot
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish
FxWirePro: AUD/USD gains on Iran-US truce hopes, risk rally
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level
JPY Action Bias: USDJPY Emerges as the Clear Bullish Pair to Watch Amid Mixed Crosses
FxWirePro- Major Pair levels and bias summary
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias 



