EURJPY pared some of its gains on weak Euro. As long as resistance 182 holds, intraday remains bearish.
Technical Analysis:
The EUR/JPY pair is trading below 55 EMA, 200 and 365-H EMA on the 15-min chart.
- Near-Term Resistance: Around 181 ,a breakout here could lead to targets at 181.55/182/182.62/183/185.
- Immediate Support: At 180.50, if breached, the pair could fall to 180/179.70/ 179.20/178.90/178.40/178/177.25/176/175.20.
Indicator Analysis (15-min chart):
- CCI (50): Bearish
- Average Directional Movement Index: Neutral
Overall, the indicators suggest mixed trend
Trading Recommendation:
It is good to sell on rallies around 181 with stop loss at 182 for a TP of 179.20.


Sterling’s Six-Week Streak Snaps: GBPJPY Slumps Toward 210.00 as Bearish Momentum Intensifies
FxWirePro: USD/ZAR loses momentum but outlook is bullish
FxWirePro: GBP/USD gains some upside momentum but still bearish
FxWirePro: GBP/USD slips to four-month low with plenty more downside potential
Euro Bulls Retreat: EURUSD Faces Resistance at 1.1500 as Technical Indicators Signal Further Downside
FxWirePro: USD/JPY stuck in narrow ranges amid intervention risks
Ethereum Reclaims $2,000 Handle: ETHUSD Stabilizes as Bulls Eye a Recovery
Ethereum in Consolidation: ETH Trapped in Narrow Range as Bulls Await the USD 2,000 "Buy the Dip" Opportunity
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Pair levels and bias summary
Aussie Losing Its Luster: AUDJPY Breaks Below 110.00 as Bearish Momentum Intensifies 



