Following a significant surge of over 150 pips, EURJPY shed some of its gains as the yen loses power. It is still bullish as long as it is over 183.20 pairs. It now hovers around 183.67 after hitting an intraday peak of 184.18.
Technical Analysis:
The EUR/JPY pair is above 55 EMA, 200, and 365-H EMA on the 4-hour chart.
- Near-Term Resistance: Around 184.20, a breakout here could lead to targets at 184.92/186/187/188.69.
- Immediate Support: At 183.20, if breached, the pair could fall to 182.80/182.48/181.80/180.80/180.
Indicator Analysis (4- hour chart):
- CCI (50): Bullish
- Average Directional Movement Index: Bullish
Overall, the indicators suggest a bullish trend
Trading Recommendation:
It is good to buy on dips around 183.18-20 with a SL around 182.48 for a TP of 186.


NZDJPY Holds 95 Amidst Buying Pressure, Technicals Point to Potential Downtrend
FxWirePro: NZD/USD edges higher ahead of Jackson hole warsh speech
FxWirePro- Woodies Pivot (Major)
FxWirePro: GBP/NZD uptrend loses steam, remains on bearish path
EURUSD Trades Flat Amidst NFP Revision and Jackson Hole Ahead; Technicals Suggest Buying Opportunity
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/NZD neutral in the near term, scope for downward resumption
Major Pair Currency Score: AUDUSD Extremely Bullish, NZDUSD Bullish
EUR/USD Consolidation Setup: Buy Dips at 1.1650 for a Move to 1.1760
FxWirePro: GBP/AUD dips below 1.9000 level , vulnerable to more downside
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD trades flat as markets await warsh’s jackson hole speech
JPY Major Currency Score: NZDJPY and AUDJPY Lead with Extremely Bullish Momentum
FxWirePro: GBP/USD slips lower as dollar firms after Warsh comments
FxWirePro: GBP/AUD extends decline, vulnerable to more downside
FxWirePro- Major Pair levels and bias summary
AUDJPY Surges to One-Month High on Australian Dollar Strength 



