FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption 
FxWirePro: USD/CAD falls to one-month low, scope for further downside 
FxWirePro: USD/ZAR firms slightly, but downward resumption looks likely 
FxWirePro: USD/JPY holds steady near 162 as traders await fresh catalysts 
ETH Stands Alone Bullish; BTC, SOL, XRP, BNB Neutral 
JPY Action Bias: CADJPY Turns Extremely Bullish While Other Pairs Hold Positive Ground 
FxWirePro- Woodies pivot (Major) 
FxWirePro: AUD/ USD eases as risk sentiment remains fragile 
FxWirePro: GBP/NZD downtrend extends, remains on bearish path 
FxWirePro: EUR/AUD recovers slightly from early decline but bears are not done yet 
CAD/JPY Surges on Broad-Based Canadian Dollar Buying 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/ZAR advances as South African rand weakens amid renewed Middle East tensions 
FxWirePro- Major Crypto levels and bias summary 
Gold Loses Steam After Strong U.S. Retail Sales 
AUDJPY Bullish Surge: Strong Australian Dollar Fuels Fresh Upside as Pair Holds Above 113.50 and All EMAs Align 
The EUR/JPY declined slightly after a jump of nearly 400 pips. It hits an high of 162.19 yesterday and is currently trading around 161.03. The intraday outlook is bearish as long as the resistance 162.20 holds.
Technical Analysis:
The EUR/JPY pair is trading below the 34,55 EMA and 200-4H EMA in the 4-hour chart.
- Near-Term Resistance: Around 161.25 a breakout here could lead to targets at 161.50/162.20/ 162.60/163/163.36/164.20/165/166.65/167.
- Immediate Support: At 160.80– if breached, the pair could fall to 160/ 159.70/159.25/158.85.
Indicator Analysis 4-hour chart): - CCI (50): Neutral
- Average Directional Movement Index: Neutral
Overall, the indicators suggest a mixed trend
Trading Recommendation:
It is good to sell on rallies around 162 with a stop loss at 163.20 for a TP of 158.50.
