FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70 
GBPJPY Eyes 208: Pound Pulls Back, Bulls Guard 206 
AUDJPY Rangebound: Bulls Hold 102, Watch for Breakout Above 102.85 
FxWirePro- Major European Indices 
FxWirePro: AUD/USD consolidates gains ,remains on positive footing 
FxWirePro: GBP/NZD slide lower shifts pressure to the downside 
FxWirePro: EUR/CAD tumbles as strong Canadian jobs data fuels BoC rate-hike bets 
FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: USD/JPY dips below lower range, bearish bias increases 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/AUD downtrend extends ,eyes 23.6%fib support 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure 
EUR/JPY trades weak risk sentiment takes a hit due to on going geopolitical tension in the Middle East. It hit a low of 164.94 yesterday and is currently trading around 165.58. Intraday outlook is bullish as long as the support of 164.50 holds.
Technical Analysis:
The EUR/JPY pair is trading below 55 EMA, above 200 and above 365-H EMA on the 4-hour chart.
- Near-Term Resistance: Around 166 a breakout here could lead to targets at 166.65/167/167.75.
- Immediate Support: At 164.50 if breached, the pair could fall to 163.85/163.50/ 163/162.75/162/161.49/160.50/160/ 159.25/158.85/158.25.
Indicator Analysis 4-hour chart): - CCI (50): Bearish
- Average Directional Movement Index: Neutral
Overall, the indicators suggest a mixed trend
Trading Recommendation:
It is good to buy on dips around 165.48-50 with a stop loss at 164.70 for a TP of 167/168.
