EUR/JPY chart - Trading View
Technical Analysis: Bias Bullish
- EUR/JPY was trading 0.80% higher on the day at 128.73 at around 12:10 GMT
- The pair hit fresh 26-month highs, more upside on cards
- Price action has broken above 61.8% Fib retracement at 128.67
- GMMA indicator show major and minor trend are bullish on the daily and weekly charts
- The pair is on track to breakout of monthly cloud, which if confirmed will propel the pair higher
- MACD and ADX support uptrend and Stochs and RSI show a strong bullish bias
Support levels - 127.95 (5-DMA), 127.27 (21-EMA), 126.48 (55-EMA), 126 (110 month EMA)
Resistance levels - 129, 129.14 (Upper W BB), 129.49 (monthly cloud top), 130.33 (200 month MA)
Summary: EUR/JPY extends bull run for the 4th straight month. Price action has broken above 61.8% Fib. Watchout for break above monthly cloud top for further upside. Scope for test of 200 month MA at 130.33.


FxWirePro: AUD/USD gaining momentum for a move towards 0.6800 level
FxWirePro: EUR/NZD set for bigger drop, but close below key fibo needed
FxWirePro- Major Crypto levels and bias summary
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance
FxWirePro: EUR/CAD slips as firm oil price lift loonie despite soft GDP data
FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes
FxWirePro: EUR/AUD slips following RBA minutes , plunge to test a key fibo grows
USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead
CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target
NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists
FxWirePro: EUR/CAD extends fall, vulnerable to more downside
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR down trend loses steam, remains on bearish path
FxWirePro: EUR/AUD attracts selling interest, vulnerable to more downside 



