FxWirePro:EUR/NZD bears maintain upper hand 
FxWirePro: USD/JPY dips as Yen firms on BOJ rate-hike bets 
FxWirePro: GBP/AUD extends decline, vulnerable to more downside 
FxWirePro: USD/CAD rises above 1.3900 level after Warsh's Jackson hole speech 
JPY Major Currency Score: NZDJPY and AUDJPY Lead with Extremely Bullish Momentum 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Woodies Pivot (Major) 
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 
FxWirePro: GBP/NZD uptrend loses steam, remains on bearish path 
FxWirePro: USD/CNY hovers around 3-1/2 years low, Outlook bearish 
FxWirePro: NZD/USD edges higher ahead of RBNZ decision 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/AUD dips below 1.9000 level , vulnerable to more downside 
NZDJPY Holds 95 Amidst Buying Pressure, Technicals Point to Potential Downtrend 
FxWirePro: GBP/NZD trades flat as markets await warsh’s jackson hole speech 
Bitcoin Eyes $90K as $3B ETF Inflow Streak Overpowers Hawkish Fed 
Add as a preferred source on Google
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.
