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


JPY Action Bias: Extremely Bullish Surge Ignites Across NZD, GBP & AUD
FxWirePro: GBP/NZD gains some upside momentum but still bearish
FxWirePro: AUD/USD edges lower, but bullish outlook persists
FxWirePro:EUR/NZD stuck In narrow ranges, focus on near term support
FxWirePro: USD/JPY uptrend loses steam, remains on bullish path
Major Pair Action Bias: NZDUSD Turns Bullish While Other Majors Stay Neutral
NZDJPY Bullish Setup: Buy Dips at 94.50 as Uptrend Holds Above All Key EMAs
ETH Stands Alone Bullish; BTC, SOL, XRP, BNB Neutral
FxWirePro- Major Pair levels and bias summary
JPY Action Bias: CADJPY Turns Extremely Bullish While Other Pairs Hold Positive Ground
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
FxWirePro: GBP/NZD downtrend loses steam, remains on bearish path
Major Pair Action Bias: Extremely Bullish Surge Powers GBPUSD & NZDUSD as Bullish Momentum Ignites
FxWirePro: GBP/USD under pressure despite UK's modest economic growth
FxWirePro: USD/ZAR advances as South African rand weakens amid renewed Middle East tensions 



