EURJPY trades flat ahead of the US Fed policy decision. It remains bullish so long as it's miles above 185. Having attained an intraday high of 186.6, it now hovers about 186.57.
Technical Analysis:
The EUR/JPY pair is above the 55 EMA, 200, 365-H EMA, and 800- EMA on the 4-hour chart.
- Near-Term Resistance: Around 186.75; a breakout here could lead to targets at 187/188.
- Immediate Support: At 185, if breached, the pair could fall to 184/183.65/183/182.48/181.80/180.80/180.
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 186 with a SL around 185 for a TP of 188/189.


FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
NZD/JPY Flatlines Near 94.60: Will Key Support Reignite the Uptrend?
FxWirePro: USD/ CNY remains soft ahead of Fed decision
FxWirePro: GBP/USD edges higher as traders await BoE guidance and UK fiscal clarity
EUR/JPY Holds Bullish Bias as Euro Extends Recovery
FxWirePro: GBP/AUD gains some upside momentum but still bearish
JPY Action Bias: USDJPY Emerges as the Clear Bullish Pair to Watch Amid Mixed Crosses
Crypto Action Bias: ETHUSD Stands Out as the Bullish Pair to Watch
EUR/USD Bounces from Monthly Low, But Bearish Pressure Remains
Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish
FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level 



