EURJPY pared most of its gains as the yen gained momentum. Intraday trend is bearish as long as the resistance at 183.15 holds. The pair posted an intraday low of 181.83 and is now hovering at roughly 182.11.
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 182.50, a breakout here could lead to targets at 183/185.
- Immediate Support: At 181.80, if breached, the pair could fall to 181.30/180.87/180/179.70/ 179.20/178.90/178.40/178.
Indicator Analysis (4-hour chart):
- CCI (50): Bullish
- Average Directional Movement Index: Neutral
Overall, the indicators suggest a bullish trend
Trading Recommendation:
It is good to sell on rallies around 182.58-60 with a stop loss at 183.15 for a TP of 180.


Euro's Ascent: EURJPY Bulls Eye 186.00 as Yen Weakness Persists
FxWirePro: GBP/USD dips after US CPI data, key support level in focus
AUDJPY Bullish Momentum Pauses: Profit Booking Offers Fresh Entry Window Near 112.50
Aussie Ascent: AUDJPY Bulls Target 115.00 Following Broad-Based AUD Buying
FxWirePro: GBP/AUD under pressure , knocking on door of key support
FxWirePro: EUR/ NZD stays range-bound but maintains bearish bias
Bitcoin’s Tug-of-War: Institutional Inflows Battle Technical Resistance at USD 72,500
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CAD recovers slightly but bearish outlook persists
Sterling Surge: GBPJPY Eyes 214.00 as Yen Weakness Fuels Five-Day Rally
Pound Under Pressure: GBPJPY Pauses Five-Day Rally for Tactical Profit Booking
FxWirePro: USD/ZAR uptrend resumes rise toward key fibo
FxWirePro- Major Crypto levels and bias summary
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro: GBP/NZD topside capped, sellers still hold the advantage
FxWirePro: USD/ZAR rebounds strongly, upside pressure builds 



