EUR/JPY trades flat ahead of German CPI data. It hits an intraday high of 162.48 and is currently trading around 162.38. Intraday outlook is bullish as long as the support 160.95 holds.
Technical Analysis:
The EUR/JPY pair is trading below 34, below 55 EMA and above 200-4H EMA on the 4- hour chart.
- Near-Term Resistance: Around 163.20 a breakout here could lead to targets at 163.75/164.20/165/166.65/167.
- Immediate Support: At 161.70 if breached, the pair could fall to 161.49/160.50/160/ 159.25/158.85/158.25.
Indicator Analysis 4-hour chart): - CCI (50): Neutral
- Average Directional Movement Index: Neutral
Overall, the indicators suggest Mixed trend
Trading Recommendation:
It is good to sell on rallies around 163.20 with stop loss at 164.20 for a TP of 160.


FxWirePro: USD/JPY edges higher but bulls lack punch
FxWirePro: GBP/USD recovers some ground but bears are not done yet
FxWirePro: GBP/NZD extends decline , vulnerable to more downside
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD downward momentum remains in place
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup
FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: USD/CNY bears maintain upper hand 



