EURJPY is consolidating in a narrow range with a neutral bias. As long as it remains above 182, the trend for now is bullish. It is currently around 183.68 after hitting an intraday high of 183.
Technical Analysis:
The EUR/JPY pair is trading above 55 EMA, above 200, and 365-H EMA on the 1-hour chart.
- Near-Term Resistance: Around 184,a breakout here could lead to targets at 184.35/184.92/186/187/188.69.
- Immediate Support: At 183, if breached, the pair could fall to 182/181.75/180.
Indicator Analysis (1- hour chart):
- CCI (50): Bullish
- Average Directional Movement Index: Neutral
Overall, the indicators suggest a neutral trend
Trading Recommendation:
It is good to buy on dips around 183 with a stop loss at 182 for a TP of 185.


FxWirePro- Major Crypto levels and bias summary
FxWirePro:EUR/USD slips as oil supply and conflict fears persist
Pound Under Pressure: GBPJPY Pauses Five-Day Rally for Tactical Profit Booking
FxWirePro: AUD/USD softens slightly, but remains bid overall
FxWirePro: GBP/USD dips after US CPI data, key support level in focus
Bitcoin Teeters Near USD 70,000 as USD 245 Million Liquidation Wave Rocks Crypto Markets
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR uptrend resumes rise toward key fibo
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro: GBP/AUD under pressure , knocking on door of key support
FxWirePro- Major European Indices
FxWirePro: USD/CNY recovers slightly from early decline but bears are not done yet
FxWirePro: USD/ZAR rebounds strongly, upside pressure builds
FxWirePro: EUR/ NZD stays range-bound but maintains bearish bias
Euro's Ascent: EURJPY Bulls Eye 186.00 as Yen Weakness Persists 



