EUR/JPY chart - Trading View
EUR/JPY was trading 0.15% higher on the day at 129.54 at around 07:45 GMT, bias lower.
The common currency was holding marginal gains as traders await the German ZEW Economic Sentiment Index.
ZEW is set to release the German Economic Sentiment Index and the Current Situation Index at 0900 GMT, later in the EU session.
Analysts expect the headline Economic Sentiment Index to fall further to 56.7 in August as against a 63.3 reading in the previous month.
Meanwhile, the Current Situation Sub-Index is expected to print at 30.0 versus 21.9 seen in the previous month.
EUR/JPY trades with a bearish bias. Recovery remains capped at 200H MA and 21-EMA resistance.
Price action is below cloud, Stochs and RSI show bearish momentum. MACD is below zero and ADX supports weakness.
On the downside, the pair finds major support at 200-DMA at 128.82. Breach below will open downside.


FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
Yen Capitulation Sends GBPJPY to 17-Year Peak – 212.60 Next?
FxWirePro: USD/JPY retreats as Japan signals possible FX intervention
FxWirePro: AUD/USD edges higher ahead of RBA meeting minutes
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD loses momentum but bullish setup remains
FxWirePro: USD/CNY downside pressure builds, key support level In focus
EUR/JPY Surges on Yen Weakness: Bullish Momentum Eyes 186-187 Targets
FxWirePro: USD/ZAR extends losses ,eyes 16.400 level
FxWirePro: GBP/NZD bulls loosen their grip a bit, dips to be bought
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary 



