FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level 
FxWirePro: USD/CAD pauses decline,critical support lies ahead 
FxWirePro: EUR/NZD edges lower but bullish outlook persists 
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects 
UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206 
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data 
FxWirePro- Major Crypto levels and bias summary 
CAD/JPY Dips on Soft Canadian CPI: Buy the Dip to 115? 
EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900 
FxWirePro: USD/JPY dips as yen strengthens ahead of BOJ policy meeting 
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias 
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data 
EURJPY has once again declined after a minor jump above 173. Watch out for 173.50 for further upside. It hits an intraday low of 172.45 and is currently trading at approximately 172.813. Intraday outlook remains bullish as long as support 171.80 holds.
Technical Analysis:
The EUR/JPY pair is trading above 55 EMA, above 200, and 365-H EMA on the 1-hour chart.
- Near-Term Resistance: Around 173.50, a breakout here could lead to targets at 173.89/174/175.
- Immediate Support: At 172.40 if breached, the pair could fall to 171.80/170.80/169.70/169/168.70/168.45/168.
Indicator Analysis 1-hour chart): - CCI (50): Bearish
- Average Directional Movement Index: Bullish
Overall, the indicators suggest a mixed trend
Trading Recommendation:
It is good to buy on dips around 172.48-50 with a stop loss at 171.80 for a TP of 175.
Z
