FxWirePro- Major European Indices 
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 
NZDJPY: Sell the Rallies as Bears Guard 90–91 Resistance Zone 
AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70 
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption 
FxWirePro: AUD/USD struggle to extend its recovery,good to sell on rally 
FxWirePro: USD/JPY catches bid ahead of BoJ meeting 
FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80 
FxWirePro: EUR/NZD steadies ahead of ECB meeting 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
FxWirePro: NZD/USD dips as stronger U.S. dollar offsets NZ Q3 GDP surprise 
EURJPY showed a nice jump after the BOJ 25 bps rate hike. Intraday trend is bullish as long as support 183 holds. The pair posted an intraday high of 184.36 and is now hovering at roughly 184.21.
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 184.50,a breakout here could lead to targets at 185/186.
- Immediate Support: At 183.70, if breached, the pair could fall to 183.30/182.70/182/181.5/181.30/180.87/180/179.70/ 179.20/178.90/178.40/178.
Indicator Analysis (4-hour chart):
- CCI (50): Bullish
- Average Directional Movement Index: Neutral
Overall, the indicators suggest a neutral trend
Trading Recommendation:
It is good to buy on dips around 183.48-50 with a stop loss at 182.70 for a TP of 185.
