FxWirePro: USD/CAD runs out of steam but maintains bullish outlook 
AUDJPY Pullback Intensifies: Resistance at 110.00 Signals Short Opportunity 
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm 
FxWirePro: GBP/USD recovers but bears are not done yet again 
NZDJPY Technical Outlook: Bearish Bias Deepens as Key Resistances Hold 
FxWirePro: AUD/USD downside pressure builds, key support level in focus 
Bitcoin Recovers Amid Easing Geopolitics: Bulls Target USD 80,000 Support Rebound 
FxWirePro- Major European Indices 
Bitcoin Battles Volatility: Institutional Support Eyes USD 64,000 Floor Amid Geopolitical Tensions 
FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level 
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns 
Euro Bulls Charge Past 1.1600: Broad Dollar Sell-Off Ignites Powerful EURUSD Rally 
FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone 
FxWirePro: USD/CNY gains some ground but bearish outlook persists 
FxWirePro: USD/CNY dips as China’s yuan strengthens on Iran war de escalation hopes 
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.
