EURJPY supported around the 55- 4H EMA and had a little retreat. As long as support 179.50 holds, intraday remains bullish.
Technical Analysis:
The EUR/JPY pair is trading above 55 EMA, 200, and 365-H EMA on the 1-hour chart.
- Near-Term Resistance: Around 181.20, a breakout here could lead to targets at 182/182.62/183/185.
- Immediate Support: At 179.50, if breached, the pair could fall to 179.20/178.90/178.40/178/177.25/176/175.20.
Indicator Analysis (4-hour chart): - CCI (50): Bullish
- Average Directional Movement Index: Neutral
Overall, the indicators suggest a mixed trend
Trading Recommendation:
It is good to buy on dips around 180.28-30 with a stop loss at 179.50 for a TP of 183.


FxWirePro: GBP/USD drifts lower , could be on verge of bigger drop
FxWirePro: USD/JPY edges up, looks to extend gains
FxWirePro: EUR/AUD consolidating around 1.6650, room for further gains
NZD/JPY Technical Outlook: Bearish Momentum Gains as Resistance Holds
FxWirePro: GBP/AUD edges lower, downside risk remains
FxWirePro: GBP/NZD runs out of steam but maintains bullish outlook
FxWirePro: AUD/USD downside pressure builds, key support level in focus
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/JPY uptrend loses steam, remains on bullish path
Sterling’s Steady Ascent: GBPJPY Tests the 213.31 Resistance Amid a Two-Week Consolidation
FxWirePro: EUR/ NZD stuck in range but maintains bullish bias
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
FxWirePro: EUR/AUD neutral in the near-term, scope for downward resumption
FxWirePro: GBP/NZD continues to recovers , upside pressure builds
NZDJPY in Consolidation: Navigating the 92.00 Range as Bearish Clouds Gather 



