FxWirePro- Major European Indices 
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FxWirePro: EUR/AUD retreats slightly but trend is still bullish 
FxWirePro: NZD/USD cautiously bid as traders sense end to Iran war 
FxWirePro: USD/CNY gains some ground but bearish outlook persists 
Yen Resurgence Drives GBPJPY to 2.5-Week Low: Sellers Aim for 208.00 
Euro Bulls Charge Past 1.1600: Broad Dollar Sell-Off Ignites Powerful EURUSD Rally 
NZDJPY Technical Outlook: Bearish Bias Deepens as Key Resistances Hold 
EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies 
FxWirePro: AUD/USD gains some ground but remains sensitive to Middle East tensions 
FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone 
FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback 
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook 
FxWirePro: GBP/NZD range to extend until there is game changing news 
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop 
EURJPY moves higher for the second straight day following creation of a small bottom at roughly 181.78. The trend for now is bullish as long as it stays above 183. After reaching an intraday high of 185.16, it presently sits at around 185.10.
Technical Analysis:
The EUR/JPY pair is trading above 55 EMA, 200, and 365-H EMA on the 4-hour chart.
- Near-Term Resistance: Around 185.67,a breakout here could lead to targets at 186.29/187/188.69.
- Immediate Support: At 183.80, if breached, the pair could fall to 183/182/181.75/180.
Indicator Analysis (1- 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 183.78-80 with a stop loss at 183 for a TP of 187.
