FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption 
FxWirePro: NZD/USD sustains gains as uptrend remains strong 
FxWirePro: USD/JPY dips below lower range, bearish bias increases 
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FxWirePro: USD/ZAR outlook weaker on renewed downside pressure 
EURJPY Carves Triple Bottom at 180.20 – Bulls Ready to Storm 182-183 as Breakout Momentum Builds 
GBPJPY Eyes 208: Pound Pulls Back, Bulls Guard 206 
FxWirePro- Major European Indices 
Yen Storm Hits EURJPY: Crashes Below 181 – Sell the Bounce Intraday! Target 179.50 with Tight Stop Above 181.45 
EURGBP Buckles Under Sterling Surge – Bears Eye 0.8600 as 0.8800 Ceiling Holds Firm 
FxWirePro: GBP/NZD edges higher but bearish outlook persists 
FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level 
FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed 
FxWirePro- Major European Indices 
EURJPY trades flat with positive bias. It hits an intraday high of 174.87 and is currently trading at approximately 174.549. The intraday outlook remains bullish as long as support at 173.78 holds.
Technical Analysis:
The EUR/JPY pair is trading above the 55 EMA, 200 EMA, and 365-H EMA on the 4-hour chart.
- Near-Term Resistance: Around 175,a breakout here could lead to targets at 176/176.80.
- Immediate Support: At 173.78, if breached, the pair could fall to 173.45/173/172.50-/171.80/170.80/169.70/169/168.70/168.45/168.
Indicator Analysis 4-hour chart): - CCI (50): Bullish
- Average Directional Movement Index: Bullish
Overall, the indicators suggest a Bullish trend
Trading Recommendation:
It is good to buy on dips around 174.28-30 with a stop loss at 173.78 for a TP of 176.
