EURJPY Asia briefing — 2026-05-08

BIAS BEARISH. H4 EMA bearish structure dominates despite H1 neutral; D1 neutral doesn't override lower-frame conviction. KEY LEVELS R: 184.5, 187.56 | S: 184.0, 182.09 NEWS 🔴 ECB President Lagarde speech (Fri 07:00 UTC) — EUR volatility risk 🟡 Jibun Bank Services PMI (Fri 00:30 UTC) 🟡 Labor Cash Earnings YoY JPY (Thu 23:30 UTC) SESSION OUTLOOK Asia open may react to overnight JPY labor data. Watch Lagarde speech trigger for EUR strength reversal against weakening yen setup. PRO UNLOCKS [Entry clusters, SL precision, TP cascades, FVG liquidity zones, Fib extensions — unlock with Pro]

Key Levels

R: 184.500 · 187.556

S: 184.000 · 182.086