Major Pair Action Bias: Extremely Bullish Surge Powers GBPUSD & NZDUSD as Bullish Momentum Ignites 
FxWirePro: AUD/USD edges lower, but bullish outlook persists 
FxWirePro: GBP/NZD downtrend loses steam, remains on bearish path 
FxWirePro:EUR/NZD dips below lower range, bearish bias increases 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/JPY holds steady near 162 as traders await fresh catalysts 
AUDJPY Bullish Momentum Ignites: Buy Dips Toward 115 Target 
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption 
NZDJPY Bullish Setup: Buy Dips at 94.50 as Uptrend Holds Above All Key EMAs 
FxWirePro:EUR/NZD stuck In narrow ranges, focus on near term support 
AUDJPY Bullish Surge: Strong Australian Dollar Fuels Fresh Upside as Pair Holds Above 113.50 and All EMAs Align 
FxWirePro: USD/JPY uptrend loses steam, remains on bullish path 
Gold Loses Steam After Strong U.S. Retail Sales 
FxWirePro: GBP/NZD gains some upside momentum but still bearish 
FxWirePro: AUD/ USD eases as risk sentiment remains fragile 
EURJPY has been consolidating in a narrow range between 173.02 and 170.96 for the past five days. It hits an intraday high of 172.62 and is currently trading at approximately 172.39. Intraday outlook remains bullish as long as support 169.75 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 173, a breakout here could lead to targets at 173.89/174/175.
- Immediate Support: At 171.80 if breached, the pair could fall to 171.15/170.80/169.70/169/168.70/168.45/168.
Indicator Analysis 4-hour chart): - CCI (50): Bullish
- Average Directional Movement Index: Neutral
Overall, the indicators suggest a bearish trend
Trading Recommendation:
It is good to buy on dips around 172 with a stop loss at 171 for a TP of 169.70/168.
