EURJPY pair holds above 176.50 despite a weak Euro. Intraday remains bullish as long as support 175.75 holds.
Technical Analysis:
The EUR/JPY pair is trading above 55 EMA, below 200 and 365-H EMA on the 1-hour chart.
- Near-Term Resistance: Around 177, a breakout here could lead to targets at 178/180.
- 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): Bullish
- Average Directional Movement Index: Bullish
Overall, the indicators suggest a bullish trend
Trading Recommendation:
It is good to buy on dips around 176.48-50 with a stop loss at 175.70 for a TP of 178.


Dollar Resurgence Propels USDCHF Above 0.8000: Technicals Signal Continued Bullish Momentum Toward 0.8150
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
Sterling’s Six-Week Streak Snaps: GBPJPY Slumps Toward 210.00 as Bearish Momentum Intensifies
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR loses momentum but outlook is bullish
FxWirePro: USD/JPY stuck in narrow ranges amid intervention risks
FxWirePro: EUR/AUD retreats slightly but trend is still bullish
FxWirePro: GBP/USD slips to four-month low with plenty more downside potential
FxWirePro: GBP/NZD uptrend loses momentum but bullish setup remains
FxWirePro: GBP/USD gains some upside momentum but still bearish
FxWirePro: EUR/AUD eases slightly but trend is still bullish
Bitcoin on Edge: Geopolitical Tensions Weigh on BTC as Bulls Eye the USD 64,000 "Buy the Dip" Zone 



