EURJPY holds above 183 on board-based Euro buying. Intraday trend is positive as long as support 181.30 holds. The pair posted an intraday high of 182.94 and is now hovering at roughly 182.865.
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 183.20, a breakout here could lead to targets at 183/185.
- Immediate Support: At 182.50, if breached, the pair could fall to 181.85/181.30/180.87/180/179.70/ 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 bullish trend
Trading Recommendation:
It is good to buy on dips around 182.50 with a stop loss at 181.85 for a TP of 184.


FxWirePro: USD/CNY hovers around 3-1/2 years low, Outlook bearish
FxWirePro: GBP/NZD uptrend loses steam, remains on bearish path
FxWirePro:EUR/NZD bears maintain upper hand
FxWirePro: NZD/USD edges higher ahead of Jackson hole warsh speech
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/JPY trades flat ahead of Warsh's policy signals
JPY Major Currency Score: NZDJPY and AUDJPY Lead with Extremely Bullish Momentum
AUDJPY Surges to One-Month High on Australian Dollar Strength
FxWirePro: USD/JPY dips as Yen firms on BOJ rate-hike bets
FxWirePro: USD/CAD rises above 1.3900 level after Warsh's Jackson hole speech
Bitcoin Eyes $90K as $3B ETF Inflow Streak Overpowers Hawkish Fed
NZDJPY Holds 95 Amidst Buying Pressure, Technicals Point to Potential Downtrend
FxWirePro- Woodies Pivot (Major)
FxWirePro: GBP/AUD extends decline, vulnerable to more downside
Major Pair Currency Score: AUDUSD Extremely Bullish, NZDUSD Bullish
EURUSD Trades Flat Amidst NFP Revision and Jackson Hole Ahead; Technicals Suggest Buying Opportunity
FxWirePro- Major Pair levels and bias summary 



