FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level 
Yen Resurgence Drives GBPJPY to 2.5-Week Low: Sellers Aim for 208.00 
FxWirePro: USD/JPY neutral in the near-term, scope for downward resumption 
Euro Bulls Charge Past 1.1600: Broad Dollar Sell-Off Ignites Powerful EURUSD Rally 
FxWirePro- Major European Indices 
AUDJPY Pullback Intensifies: Resistance at 110.00 Signals Short Opportunity 
FxWirePro: AUD/USD gains some ground but remains sensitive to Middle East tensions 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback 
Ethereum Rises on Geopolitical De-escalation: Pezeshkian’s Peace Signal Ignites Bullish Momentum 
FxWirePro: GBP/USD recovers but bears are not done yet again 
FxWirePro- Major Crypto levels and bias summary 
NZDJPY Technical Outlook: Bearish Bias Deepens as Key Resistances Hold 
EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies 
FxWirePro: EUR/AUD retreats slightly but trend is still bullish 
FxWirePro: GBP/NZD uptrend loses momentum but bullish setup remains 
EURJPY broke 170 after a long consolidation on weak yen. It hits a high of 170.60 and is currently trading at approximately 170.06. Intraday outlook remains bullish as long as support 168.70 holds. Short-term outlook remains bullish as long as support 167.60 holds.
Technical Analysis:
The EUR/JPY pair is trading above 55 EMA, 200, and 365-H EMA on the 4-hour chart.
- Near-Term Resistance: Around 170.60, a breakout here could lead to targets at 171/172/173.
- Immediate Support: At 169.85 if breached, the pair could fall to 169.60/169/168.70/168.45/168/167.60 166.50/ 165.95/165.55/164.50/164.
Indicator Analysis 1-hour chart):
- CCI (50): Bullish
- Average Directional Movement Index: Neutral
Overall, the indicators suggest a mixed trend
Trading Recommendation:
It is good to buy on dips around 169.50 with a stop loss at 168.70 for a TP of 173/175.
