EUR/JPY showed a minor sell-off as yen gains due to tariff uncertainty. It hits an high of 164.60 and is currently trading around 163.41. Intraday outlook is bullish as long as the support 163 holds.
Technical Analysis:
The EUR/JPY pair is trading above 34, below 55 EMA and above 200-4H EMA on the 4- hour chart.
- Near-Term Resistance: Around 164 a breakout here could lead to targets at 164.60/ 165/166.65/167.
- Immediate Support: At 163.40 if breached, the pair could fall to 163/162/ 161.49/160.50/160/ 159.25/158.85/158.25.
Indicator Analysis 4-hour chart):
- CCI (50): Bullish
- Average Directional Movement Index: Neutral
Overall, the indicators suggest a mixed trend
Trading Recommendation:
It is good to buy on dips around 163 with a stop loss at 162 for a TP of 165/166.65.


FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
GBPJPY Bullish Surge: Strong Pound Ignites Fresh Upside on Fed-BOE Policy Divergence as All EMAs Align
FxWirePro: GBP/USD under pressure despite UK's modest economic growth
JPY Action Bias: CADJPY Turns Extremely Bullish While Other Pairs Hold Positive Ground
FxWirePro: USD/CAD falls to one-month low, scope for further downside
Gold Loses Steam After Strong U.S. Retail Sales
NZDJPY Bullish Setup: Buy Dips at 94.50 as Uptrend Holds Above All Key EMAs
FxWirePro: USD/JPY holds steady near 162 as traders await fresh catalysts
FxWirePro: USD/ZAR firms slightly, but downward resumption looks likely
CAD/JPY Surges on Broad-Based Canadian Dollar Buying
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
GBPJPY Pulls Back on Profit Booking but Bullish Setup Holds: Buy Dips Toward 223
FxWirePro: AUD/ USD eases as risk sentiment remains fragile
FxWirePro: EUR/AUD recovers slightly from early decline but bears are not done yet
FxWirePro- Woodies pivot (Major) 



