AUDJPY Pares Gains: Bullish Trend Intact Above 114 Despite Profit-Taking 
FxWirePro: AUD/USD holds steady ahead of key Australian and U.S. data 
FxWirePro: GBP/AUD stuck in range but maintains bearish bias 
FxWirePro- Major Pair Currency Score (AUDUSD Bullish) 
FxWirePro: USD/CNY hovers near 3 -1/2 year low , outlook bearish 
FxWirePro- Woodies Pivot (Major) 
FxWirePro: GBP/NZD downtrend loses steam but outlook still bearish 
Gold Tumbles Below $4400 Amidst Hawkish Fed Signals: Sell Rallies for Targets Near $4200 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/CNY dips as dollar weakens on US-Iran escalation 
NZDJPY Faces Selling Pressure: Will 95.20 Resistance Hold? 
FxWirePro: EUR/ AUD gains slightly but remains on bearish path 
FxWirePro: GBP/USD cedes early gains ,outlook bearish 
FxWirePro: USD/JPY hovers near 160, outlook bullish 
FxWirePro:EUR/NZD gains some ground but outlook is bearish 
FxWirePro: USD/JPY dips as Yen firms on BOJ rate-hike bets 
AUD/JPY: Bullish Momentum Continues in JPY Major Pairs 
Add as a preferred source on Google
EURJPY lost its shine in today’s European session after a minor pullback due to the strong yen. It hits an intraday high of 172.74 and is currently trading at approximately 172.94. Intraday outlook remains bearish as long as the resistance at 173.25 holds. Short-term outlook remains bullish as long as support at 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 172.50, a breakout here could lead to targets at 172.96/173.25/174.
- Immediate Support: At 171.80 if breached, the pair could fall to 171.35/170.80/170/169.60/169/168.70/168.45/168/167.60 166.50/ 165.95/165.55/164.50/164.
Indicator Analysis 1-hour chart):
- CCI (50): Neutral
- Average Directional Movement Index: Neutral
Overall, the indicators suggest a mixed trend
Trading Recommendation:
It is good to sell on rallies around 172.18-20 with a stop loss at 173.25 for a TP of 170.
Z
