As trade conflict between the US and Greenland relaxes, yen loses momentum and EURJPY holds above 185. As long as it remains above 184, the trend for now is bullish. It is currently around 185.49 after hitting an intraday high of 185.76.
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 185.76, a breakout here could lead to targets at 186/187/188.69.
- Immediate Support: At 184.80, if breached, the pair could fall to 184.19/183.80/183/182.60/182/181/180.
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 184.68-70 with a stop loss at 184 for a TP of 187.


FxWirePro:EUR/USD slips as oil supply and conflict fears persist
FxWirePro: EUR/AUD falls below 1.6200 level, plunge to test a key fibo grows
FxWirePro: USD/CAD recovers slightly but bearish outlook persists
FxWirePro: USD/ZAR uptrend resumes rise toward key fibo
FxWirePro: GBP/USD drops towards 1.3350 level, heads deeper into bear territory
FxWirePro- Major European Indices
Bitcoin Teeters Near USD 70,000 as USD 245 Million Liquidation Wave Rocks Crypto Markets
Pound Under Pressure: GBPJPY Pauses Five-Day Rally for Tactical Profit Booking
Euro's Ascent: EURJPY Bulls Eye 186.00 as Yen Weakness Persists
FxWirePro: GBP/AUD under pressure , knocking on door of key support
FxWirePro- Woodies Pivot(Major)
NZDJPY Holds Firm: Bullish Bias Intact Despite Temporary Top at 94.18
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro: AUD/USD softens slightly, but remains bid overall
Aussie Ascent: AUDJPY Bulls Target 115.00 Following Broad-Based AUD Buying
FxWirePro- Major Crypto levels and bias summary 



