EURJPY showed a minor sell-off after hitting a multi-month high. Intraday trend is bullish as long as support 183 holds. The pair posted an intraday high of 183.46 and is now hovering at roughly 183.54.
Technical Analysis:
The EUR/JPY pair is trading above 55 EMA, 200, and below 365-H EMA on the 4-hour chart.
- Near-Term Resistance: Around 185,a breakout here could lead to targets at 186/187/188.69.
- Immediate Support: At 183.40, if breached, the pair could fall to 183/182.70/182.
Indicator Analysis (4-hour chart): - CCI (50): Neutral
- Average Directional Movement Index: Neutral
Overall, the indicators suggest a neutral trend
Trading Recommendation:
It is good to buy on dips around 183.38-40 with a stop loss at 183 for a TP of 186/187.


FxWirePro: AUD/USD AUD/USD softens as middle east problems compound
FxWirePro- Major European Indices
FxWirePro: EUR/AUD steadies around 1.6750, retains bid tone
FxWirePro- Woodies Pivot(Major)
FxWirePro:NZD/USD lingers near strong support as risk aversion dominates early trade
FxWirePro: EUR/NZD loses momentum but bullish setup remains
Bitcoin’s High-Stakes Volatility: BTCUSD Navigates Geopolitical Storms
Euro Retreat: EURUSD Slips Toward 1.14 as Dollar Strength Resurges
FxWirePro: EUR/AUD eases slightly but trend is still bullish
FxWirePro: GBP/USD slips to four-month low with plenty more downside potential
Ethereum Reclaims $2,000 Handle: ETHUSD Stabilizes as Bulls Eye a Recovery
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/USD slips as Iran conflict fuels inflation fears
FxWirePro: USD/CAD sustains gains as uptrend remains strong 



