EURJPY trades flat after hitting muti-year high. Intraday trend is bullish as long as support 183 holds. The pair posted an intraday high of 184.416 and is now hovering at roughly 184.09.
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 185,a breakout here could lead to targets at 186/187/188.69.
- Immediate Support: At 184, if breached, the pair could fall to 183.60/183/182.70/182.
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 buy on dips around 184 with a stop loss at 183 for a TP of 186/187.


FxWirePro :USD/JPY bulls loosen their grip a bit, dips to be bought
FxWirePro- Major Crypto levels and bias summary
NZDJPY Extremely Bullish Above 94: Broad NZD Buying Fuels Fresh Upside – Buy Dips at 93.70 Targeting 95
JPY Action Bias: Extremely Bullish Surge Ignites Across NZD, GBP & AUD
Gold Loses Steam After Strong U.S. Retail Sales
FxWirePro: NZD/USD steadies around 0.5830,retains bid tone
GBPJPY Bullish Surge: Strong Pound Ignites Fresh Upside on Fed-BOE Policy Divergence as All EMAs Align
FxWirePro: USD/CAD falls after BoC rate hold and weak U.S. producer inflation
FxWirePro: USD/JPY uptrend loses steam, remains on bullish path
FxWirePro- Major Pair levels and bias summary
AUDJPY Bullish Surge: Strong Australian Dollar Fuels Fresh Upside as Pair Holds Above 113.50 and All EMAs Align
AUDJPY Extremely Bullish Above 113: Strong AUD Fuels Fresh Rally – Buy Dips at 113 Targeting 115
FxWirePro: AUD/USD edges lower, but bullish outlook persists
GBPJPY Bullish on Consolidation: Holds Above 216 After 218 Top – Buy Dips at 217 Targeting 220 



