EUR/JPY chart - Trading View
EUR/JPY was trading 0.20% higher on the day at 129.63 at around 09:40 GMT, extends gains for the 2nd straight session.
A pick-up in cases of the Delta variant of the coronavirus has lent further demand for the safe haven yen and could cap upside in the pair.
On the data front, Italian Industrial Sales contracted at a monthly 1.0% in June and expanded 40.20% vs. the same month of 2020.
Focus now on the ECB event on Thursday. Analysts expect the central bank to keep the accommodative stance with a dovish tilt.
Pullback in the pair has bounced off from just above 200-DMA support. Oversold oscillators could cause some upside.
The pair has edged above 5-DMA and is eyeing 200H MA resistance at 130.02. Decisive break above could see carry forward in the upside momentum.


NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases
FxWirePro: NZD/USD edges lower, remains on back foot
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level
FxWirePro: USD/ZAR retreats but trend is still bullish
FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD gains some ground but bias is still bearish
Crypto Action Bias: ETHUSD Stands Out as the Bullish Pair to Watch
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro: GBP/USD edges higher as traders await BoE guidance and UK fiscal clarity
FxWirePro: USD/ CNY remains soft ahead of Fed decision
FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings 



