EURJPY hits a fresh monthly high on board-based yen weakness. Intraday remains bullish as long as support 176.60 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 178.20, a breakout here could lead to targets at 178.80/180/183.
- Immediate Support: At 177, if breached, the pair could fall to 176.60/175.70/175.20/174.60/174/173.
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 177 with stop loss at 175.70 for a TP of 180.


Bitcoin Eyes $90K as $3B ETF Inflow Streak Overpowers Hawkish Fed
EURUSD Trades Flat Amidst NFP Revision and Jackson Hole Ahead; Technicals Suggest Buying Opportunity
Major Pair Currency Score: AUDUSD Extremely Bullish, NZDUSD Bullish
FxWirePro: USD/CNY dips as dollar weakens on US-Iran escalation
FxWirePro: GBP/AUD dips below 1.9000 level , vulnerable to more downside
FxWirePro: GBP/USD slips lower as dollar firms after Warsh comments
FxWirePro: EUR/NZD neutral in the near term, scope for downward resumption
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: USD/JPY dips as Yen firms on BOJ rate-hike bets
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair Currency Score (AUDUSD Bullish)
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies Pivot (Major)
AUD/JPY Faces Downside Pressure Amidst Australian Dollar Weakness
FxWirePro: GBP/NZD uptrend loses steam, remains on bearish path
NZDJPY Faces Downward Pressure as 95.40 Resistance Holds Firm
FxWirePro: USD/CNY hovers around 3-1/2 years low, Outlook bearish 



