EURJPY is trading in a tight range today because of the holiday. If it stays above 183, the short-term trend looks upward. It dropped to around 183.41 earlier and is currently around 183.557.
Technical Analysis:
The EUR/JPY pair is trading above 55 EMA, 200, and below 365-H EMA on the 4-hour chart.
- Near-Term Resistance: Around 185, a breakout here could lead to targets at 186/187/188.69.
- Immediate Support: At 183.25, if breached, the pair could fall to 183/182.70/182.
Indicator Analysis (4-hour chart):
- CCI (50): Neutral
- Average Directional Movement Index: Neutral
Overall, the indicators suggest a neutral trend
Trading Recommendation:
It is good to buy on dips around 183.38-40 with a stop loss at 183 for a TP of 186/187.


FxWirePro: USD/ZAR extends drop, faces 23.6%fib support
FxWirePro: USD/JPY recovers slightly but bears are not done yet
FxWirePro: EUR/AUD downside pressure builds, key support level in focus
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD hovers near key support, looking vulnerable
FxWirePro: USD/JPY holds narrow range,focus on near-term support
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD retreats but trend is still bullish
FxWirePro:EUR/AUD attracts buying interest, 50% fibonacci eyed
FxWirePro- Woodies Pivot(Major)
FxWirePro: NZD/USD bears regain grip as greenback firms
GBP/JPY Range-Bound Bull: Buy Dips at 210 Targeting 212 Breakout with SL Below 209
AUD/JPY Range-Bound Resilience: Buy the Dips as Bulls Hold Key Support at 104.35
FxWirePro :GBP/AUD trends higher, but faces potential pitfalls
Bitcoin's Brutal 2025: Down 6.7% YTD, Hovering at $88K – Buy the Deep Dip at $67K Targeting $125K?
FxWirePro: EUR/NZD uptrend gains momentum but hurdles ahead
AUDJPY Holds Steady on New Year's Eve Lull: Bullish Bias Intact Above 103.80 – Buy Dips Targeting 107 



