FxWirePro: NZD/USD downside pressure builds, key support level in focus 
FxWirePro: EUR/NZD edges lower but bullish outlook persists 
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance 
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level 
UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects 
FxWirePro: USD/JPY dips as yen strengthens ahead of BOJ policy meeting 
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path 
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data 
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data 
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations 
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path 
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments 
EURJPY holds above 171.50 on weak yen. It hits a high of 172.16 and is currently trading at approximately 171.815. Intraday outlook remains bullish as long as support 169.80 holds.
Technical Analysis:
The EUR/JPY pair is trading above 55 EMA, 200, and 365-H EMA on the 15-min chart.
- Near-Term Resistance: Around 172.25, a breakout here could lead to targets at 173/175.
- Immediate Support: At 171.35 if breached, the pair could fall to 170.80/170.50/169.70/169/168.70/168.45/168.
Indicator Analysis 4-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 171.40 with a stop loss at 170.80 for a TP of 173
Z
