FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption 
FxWirePro- Major Crypto levels and bias summary 
CAD/JPY Rockets on Blowout Canadian Jobs Surprise – Bulls Target 113-115 as BoC Cut Odds Collapse 
FxWirePro: USD/CAD downside pressure builds, key support level in focus 
FxWirePro: USD/JPY dips below lower range, bearish bias increases 
GBPJPY Eyes 208: Pound Pulls Back, Bulls Guard 206 
FxWirePro: GBP/NZD edges higher but bearish outlook persists 
NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70 
FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: NZD/USD sustains gains as uptrend remains strong 
FxWirePro- Major European Indices 
EURJPY hits a 16-year high as yen loses momentum due to political crisis in Japan. It hits an intraday high of 177.65 and is currently trading at approximately 177.59. Intraday outlook remains bullish as long as support 176 holds.
Technical Analysis:
The EUR/JPY pair is trading above 55 EMA, 200, and 365-H EMA on the 4-hour chart.
- Near-Term Resistance: Around 178,a breakout here could lead to targets at 179.54/180.
- Immediate Support: At 176.90, if breached, the pair could fall to 176/175/173.78/173/171.80/170.80/169.70.
Indicator Analysis (4-hour chart): - CCI (50): Bullish
- Average Directional Movement Index: Bullish
Overall, the indicators suggest a Bullish trend
Trading Recommendation:
It is good to buy on dips around 176.78-80 with a stop loss at 176 for a TP of 180. 176.25/178.
