FxWirePro: GBP/USD cedes early gains ,outlook bearish 
FxWirePro: EUR/ AUD gains slightly but remains on bearish path 
FxWirePro- Major Pair Currency Score (AUDUSD Bullish) 
FxWirePro: GBP/NZD uptrend loses steam, remains on bearish path 
FxWirePro: USD/JPY dips as Yen firms on BOJ rate-hike bets 
NZDJPY Faces Downward Pressure as 95.40 Resistance Holds Firm 
FxWirePro:EUR/NZD gains some ground but outlook is bearish 
JPY Major Currency Scores: USDJPY and GBPJPY Lead Bullish Trend 
NZDJPY Faces Selling Pressure: Will 95.20 Resistance Hold? 
FxWirePro: GBP/NZD downtrend loses steam but outlook still bearish 
AUDJPY Pares Gains: Bullish Trend Intact Above 114 Despite Profit-Taking 
AUD/JPY: Bullish Momentum Continues in JPY Major Pairs 
FxWirePro: USD/CAD downside pressure builds, key support level in focus 
Major Pair Currency Scores: USDCHF Leads as Bullish Contender and major levels to watch 
FxWirePro: GBP/AUD dips below 1.9000 level , vulnerable to more downside 
FxWirePro: AUD/USD holds steady ahead of key Australian and U.S. data 
Add as a preferred source on Google
EURJPY pared most of its gains on a weak Euro. It hits an intraday low of 172.48 and is currently trading at approximately 172.61. Intraday outlook remains bearish as long as the resistance at 173.25 holds. Short-term outlook remains bullish as long as support 167.60 holds.
Technical Analysis:
The EUR/JPY pair is trading below 55 EMA, above 200 and 365-H EMA on the 1-hour chart.
Near-Term Resistance: Around 172.85, a breakout here could lead to targets at 173.25/174.
Immediate Support: At 172.30 if breached, the pair could fall to 171.90/171.35/170.80/170/169.60/169/168.70/168.45/168.
Indicator Analysis 15-min 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 172.78-80 with a stop loss at 173.25 for a TP of 170/169.
Z
