JPY Action Bias: CADJPY Turns Extremely Bullish While Other Pairs Hold Positive Ground 
FxWirePro: USD/ZAR advances as South African rand weakens amid renewed Middle East tensions 
FxWirePro: GBP/NZD gains some upside momentum but still bearish 
FxWirePro: USD/JPY uptrend loses steam, remains on bullish path 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro:EUR/NZD stuck In narrow ranges, focus on near term support 
FxWirePro: NZD/USD trades in narrow range ,outlook bullish 
ETH Stands Alone Bullish; BTC, SOL, XRP, BNB Neutral 
NZDJPY Bullish Setup: Buy Dips at 94.50 as Uptrend Holds Above All Key EMAs 
FxWirePro: AUD/USD edges lower, but bullish outlook persists 
JPY Action Bias: Extremely Bullish Surge Ignites Across NZD, GBP & AUD 
FxWirePro: AUD/ USD eases as risk sentiment remains fragile 
FxWirePro: GBP/NZD downtrend loses steam, remains on bearish path 
Gold Loses Steam After Strong U.S. Retail Sales 
EURJPY pared most of its gains on the strong yen. It hits an intraday low of 170.96 and is currently trading at approximately 171.06..Intraday outlook remains bearish as long as the resistance at 172 holds.
Technical Analysis:
The EUR/JPY pair is trading below 55 EMA, 200, and 365-H EMA on the 1-hour chart.
- Near-Term Resistance: Around 171.50, a breakout here could lead to targets at 171.80/173/174/175.
- Immediate Support: At 170.80 if breached, the pair could fall to 170.50/169.70/169/168.70/168.45/168.
Indicator Analysis 4-hour chart):
- CCI (50): Bearish
- Average Directional Movement Index: Bearish
Overall, the indicators suggest a bearish trend
Trading Recommendation:
It is good to sell on rallies around 171.58-60 with a stop loss at 172.25 for a TP of 169.70/168.
