EURJPY gained slightly above 185 as the yen trades weakly. The trend is bullish for now as long as it stays above 184. After reaching an intraday high of 185.28, it presently sits at around 185.22
Technical Analysis:
The EUR/JPY pair is trading above the 55 EMA, 200 EMA, and 365-H EMA on the 4-hour chart.
- Near-Term Resistance: Around 185.67, a breakout here could lead to targets at 186.29/187/188.69.
- Immediate Support: At 184.64, if breached, the pair could fall to 184.35/183.80/183/182/181.75/180.
Indicator Analysis (1- hour chart):
- CCI (50): Bullish
- Average Directional Movement Index: Neutral
Overall, the indicators suggest a mixed trend
Trading Recommendation:
It is good to buy on dips around 184.58-60 with a stop loss at 183.78 for a TP of 187.


FxWirePro :USD/JPY bulls loosen their grip a bit, dips to be bought
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD downtrend slows, but bearish sentiment remains
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
FxWirePro: AUD/USD remains buoyant, looks to extend gains
FxWirePro:EUR/NZD extends fall, key support lies ahead
FxWirePro- Major Pair levels and bias summary
AUDJPY Extremely Bullish Above 113: Strong AUD Fuels Fresh Rally – Buy Dips at 113 Targeting 115
FxWirePro: NZD/USD trades in narrow range ,outlook bullish
GBPJPY Bullish on Consolidation: Holds Above 216 After 218 Top – Buy Dips at 217 Targeting 220
FxWirePro: EUR/AUD bears maintain upper hand
Major JPY Action Bias — Extremely Bullish Setups in NZD/JPY, AUD/JPY and CAD/JPY
FxWirePro: GBP/USD hits one-month high, scope for further upside
FxWirePro: GBP/NZD gains some upside momentum but still bearish
FxWirePro: USD/JPY uptrend loses steam, remains on bullish path 



