FxWirePro: GBP/AUD edges higher but maintains bearish bias 
Major Currency Scores: USD/CAD Signals Extremely Bullish Momentum at +90 
FxWirePro: USD/CAD neutral in the near term, scope for further upside 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/NZD uptrend loses steam, remains on bullish path 
BoE Pause Pulls Back Sterling: GBP/JPY Dips to 207.92 Despite Hawkish Undercurrents 
FxWirePro: NZD/USD edges lower, remains on back foot 
USD/CHF Blasts Past 0.8250: Technicals Signal Next Stop at 0.8340 
FxWirePro: EUR/AUD downside pressure builds, key support level in focus 
FxWirePro: USD/ZAR slips as rand benefits from steady commodity prices 
AUDJPY Soars Past 112 on BOJ Rate Hike, Technicals Signal Bullish Momentum 
FxWirePro: GBP/AUD falls after BoE rate hold 
NZDJPY Surges Past 90 Amidst BOJ Rate Hike Uncertainty 
FxWirePro: USD/CAD loses upside momentum but outlook is bullish 
EURJPY Recovers Over 150 Pips Post-BOJ Hike, Bullish Trend Strengthens 
FxWirePro- Woodies Pivot (Major) 
Add as a preferred source on Google
EUR/JPY lost its shine as the yen gained momentum. It hit a high of 165.12 and is currently trading around 163.28. Intraday outlook is bearish as long as the resistance 165 holds.
Technical Analysis:
The EUR/JPY pair is trading below 34, 55 EMA and above 200-H EMA on the hourly chart.
- Near-Term Resistance: Around 163.70 a breakout here could lead to targets at 164.20/165/166/166.65/167.
- Immediate Support: At 163 if breached, the pair could fall to 162.38/ 161.49/160.50/160/ 159.25/158.85/158.25.
Indicator Analysis 4-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 164 with a stop loss at 165.20 for a TP of 160.10
