Chart - Courtesy Trading View
Technical Analysis:
- EUR/JPY was trading 0.78% lower on the day at 141.37 at around 13:10 GMT
- The pair has slumped below daily cloud and 110-EMA, scope for further downside
- GMMA indicator shows major trend is neutral, while minor trend is bearish
- Momentum is bearish, volatility is high and rising, Chikou span is biased lower
- MACD and ADX support downside in the pair, bearish RSI divergence adds to the downside bias
Major Support Levels:
S1: 140 (Psychological mark)
S2: 139.23 (38.2% Fib)
Major Resistance Levels:
R1: 142.04 (110-EMA)
R2: 142.94 (5-DMA)
Summary: EUR/JPY trades with a bearish bias. Watch out for close below daily cloud for further downside. Next major support lies at 38.2% Fib at 139.23 ahead of 200-DMA at 139.08. Bearish invalidation only above daily cloud.


FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance
FxWirePro: NZD/USD downside pressure builds, key support level in focus
UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias
FxWirePro: USD/JPY dips as yen strengthens ahead of BOJ policy meeting
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance
FxWirePro: GBP/NZD remains bullish as rally continues
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption
EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments 



