Euro Bulls Charge Past 1.1600: Broad Dollar Sell-Off Ignites Powerful EURUSD Rally 
FxWirePro- Woodies Pivot(Major) 
AUDJPY Pullback Intensifies: Resistance at 110.00 Signals Short Opportunity 
FxWirePro- Major Pair levels and bias summary 
Bitcoin Recovers Amid Easing Geopolitics: Bulls Target USD 80,000 Support Rebound 
FxWirePro: AUD/USD gains some ground but remains sensitive to Middle East tensions 
FxWirePro- Major European Indices 
FxWirePro: EUR/AUD retreats slightly but trend is still bullish 
FxWirePro: GBP/USD gains some upside momentum but still bearish 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
Sterling’s Six-Week Streak Snaps: GBPJPY Slumps Toward 210.00 as Bearish Momentum Intensifies 
NZDJPY Technical Outlook: Bearish Bias Deepens as Key Resistances Hold 
FxWirePro: NZD/USD cautiously bid as traders sense end to Iran war 
FxWirePro: USD/ZAR loses momentum but outlook is bullish 
FxWirePro: EUR/ NZD loses momentum but outlook is bullish 
EURJPY lost its shine on board-based Yen buying. It hits an intraday low of 173.70 and is currently trading at approximately 173.75. Intraday outlook remains bearish as long as the resistance at 175 holds.
Technical Analysis:
The EUR/JPY pair is trading below 55 EMA, 200, and 365-H EMA on the 1-hour chart.
- Near-Term Resistance: Around 175, a breakout here could lead to targets at 176/176.80.
- Immediate Support: At 173.70, 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 (1-hour chart): - CCI (50): Bearish
- Average Directional Movement Index: Bearish
Overall, the indicators suggest a Bearish trend
Trading Recommendation:
It is good to sell on rallies around 174.38-40 with a stop loss at 175 for a TP of 172.50.
