FxWirePro- Major Pair levels and bias summary 
EURJPY Recovers Over 150 Pips Post-BOJ Hike, Bullish Trend Strengthens 
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 
EUR/USD Dips Below 1.1500 Amidst Divergent Central Bank Policies and USD Strength 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/CAD loses upside momentum but outlook is bullish 
FxWirePro: USD/ZAR edges higher as rand weakens ahead of South Africa inflation data 
FxWirePro: GBP/NZD bulls gear up for next leg higher, eyes 2.3500level 
FxWirePro: NZD/USD edges lower, remains on back foot 
FxWirePro: GBP/NZD uptrend loses steam, remains on bullish path 
Major Currency Scores: USD/CAD Signals Extremely Bullish Momentum at +90 
BoE Pause Pulls Back Sterling: GBP/JPY Dips to 207.92 Despite Hawkish Undercurrents 
JPY Major Currency Score 
Add as a preferred source on Google
The EUR/JPY breaks significant trendline support at 162.50 after a long consolidation on the strong yen. It hit a low of 162.20 and is currently trading around 162.24. The bearish intraday outlook is maintained as long as the resistance support 163.50 holds.
Technical Analysis:
The EUR/JPY pair is trading below the 55 EMA and 34 EMA as well as the 200 EMA in the hourly chart.
- Near-Term Resistance: Around 162.80– a breakout here could lead to targets at 163.20/163.55/163.85/164.70.
- Immediate Support: At 162 – if breached, the pair could fall to 161/159.80/159/158.60/158.
Indicator Analysis (4-hour chart): - CCI (50): Bearish
- Average Directional Movement Index: Bearish
Overall, the indicators suggest a bearish trend.
Trading Recommendation:
Consider sell on rallies 162.50, with a stop loss at 163 for a TP of 160.
