EURJPY trades flat with positive bias. It hits an intraday high of 174.87 and is currently trading at approximately 174.549. The intraday outlook remains bullish as long as support at 173.78 holds.
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 175,a breakout here could lead to targets at 176/176.80.
- Immediate Support: At 173.78, if breached, the pair could fall to 173.45/173/172.50-/171.80/170.80/169.70/169/168.70/168.45/168.
Indicator Analysis 4-hour chart): - CCI (50): Bullish
- Average Directional Movement Index: Bullish
Overall, the indicators suggest a Bullish trend
Trading Recommendation:
It is good to buy on dips around 174.28-30 with a stop loss at 173.78 for a TP of 176.


FxWirePro: USD/ZAR edges lower ,investors remain on edge
FxWirePro- Major Crypto levels and bias summary
Euro Ascendant: EUR/USD Breaks $1.17 as Geopolitical Relief Sparks a Bullish Surge
Pound on Pause: GBPJPY Bulls Regroup for a Potential Sprint Toward 215.00
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Crypto levels and bias summary
Kiwi Ascendant: NZDJPY Bulls Eye Multi-Year Peaks Amid Triple-Day Rally
FxWirePro: GBP/AUD takes back some lost ground
FxWirePro -Major European Indices
FxWirePro- Major Pair levels and bias summary
Aussie Consolidates After Peak: AUDJPY Bulls Eye a Strategic Entry for the 115.00 Target
FxWirePro: USD/JPY steadies around 158.75, bias bullish
FxWirePro: GBP/USD climbs to 4 -week high as ceasefire deal gives bulls traction
FxWirePro: EUR/AUD claws back some losses but rcovery likely muted
FxWirePro: USD/CAD extends decline on broad dollar weakness 



