FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major European Indices 
FxWirePro: NZD/USD slides further as outlook continues to deteriorate 
Euro Bulls Retreat: EURUSD Faces Resistance at 1.1500 as Technical Indicators Signal Further Downside 
FxWirePro: EUR/USD slips as Iran conflict fuels inflation fears 
Sterling’s Six-Week Streak Snaps: GBPJPY Slumps Toward 210.00 as Bearish Momentum Intensifies 
FxWirePro: GBP/USD gains some upside momentum but still bearish 
FxWirePro: EUR/NZD loses momentum but bullish setup remains 
FxWirePro: EUR/ NZD loses momentum but outlook is bullish 
FxWirePro: EUR/AUD eases slightly but trend is still bullish 
FxWirePro: EUR/AUD retreats slightly but trend is still bullish 
FxWirePro- Woodies Pivot(Major) 
EURJPY showed a minor pullback after forming a minor bottom at 175.70. Intraday remains bearish as long as the resistance at 177.25 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 176.85,a breakout here could lead to targets at 177.30/178/178.80/179/180/183.
- Immediate Support: At 175.70, if breached, the pair could fall to 175.20/174.60/174/173.
Indicator Analysis (4-hour chart):
- CCI (50): Bearish
- Average Directional Movement Index: Neutral
Overall, the indicators suggest a mixed trend
Trading Recommendation:
It is good to sell on rallies around 176.88-90 with stop loss at 177.50 for a TP of 175.
