FxWirePro: GBP/AUD falls after BoE rate hold 
FxWirePro: GBP/USD gains some traction after UK retail sales beat expectation 
NZDJPY: Bearish Trend Favors Sellers on Rallies Near 90.18-20 Resistance 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/NZD uptrend loses steam, remains on bullish path 
FxWirePro: USD/ZAR slips as rand benefits from steady commodity prices 
EUR/USD Dips Below 1.1500 Amidst Divergent Central Bank Policies and USD Strength 
FxWirePro: AUD/USD firms after RBA governor Bullock comments 
USD/CHF Blasts Past 0.8250: Technicals Signal Next Stop at 0.8340 
JPY Major Currency Score 
FxWirePro: USD/JPY rises as yen weakens following BOJ's 25bp rate hike 
FxWirePro- Major Pair levels and bias summary 
AUDJPY Soars Past 112 on BOJ Rate Hike, Technicals Signal Bullish Momentum 
FxWirePro: GBP/USD falls after BoE holds rates and warns of further hikes 
FxWirePro- Woodies Pivot (Major) 
NZDJPY Surges Past 90 Amidst BOJ Rate Hike Uncertainty 
Major Currency Scores: USD/CAD Signals Extremely Bullish Momentum at +90 
Add as a preferred source on Google
EURJPY gained above 171.50 after a minor profit booking. It hits an intraday high of 171.78 and is currently trading at approximately 171.628. Intraday outlook remains bullish as long as support at 170 holds. Short-term outlook remains bullish as long as support 167.60 holds.
Technical Analysis:
The EUR/JPY pair is trading above 55 EMA, 200, and 365-H EMA on the 1-hour chart.
- Near-Term Resistance: Around 172.25, a breakout here could lead to targets at 172.58/172.96.
- Immediate Support: At 171, if breached, the pair could fall to 170/169.60/169/168.70/168.45/168/167.60 166.50/ 165.95/165.55/164.50/164.
Indicator Analysis 1-hour chart):
- CCI (50): Bearish
- Average Directional Movement Index: Neutral
Overall, the indicators suggest a mixed trend
Trading Recommendation:
It is good to buy on dips around 170 with a stop loss at 168.70 for a TP of 173/175.
