FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations 
FxWirePro- Major European Indices 
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias 
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88 
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments 
FxWirePro: NZD/USD downside pressure builds, key support level in focus 
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level 
FxWirePro- Woodies Pivot(Major) 
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100 
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects 
EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900 
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path 
EURJPY pared some of its gains on a strong yen. It hit a low of 170.28 yesterday and is currently trading at approximately 170.96. Intraday outlook remains bearish as long as the resistance at 172.25 holds. Short-term outlook remains bullish as long as support 167.60 holds.
Technical Analysis:
The EUR/JPY pair is trading below 55 EMA, 200, and 365-H EMA on the 1-hour chart.
- Near-Term Resistance: Around 171.60, a breakout here could lead to targets at 172/172.25/172.75/173.25/174.
- Immediate Support: At 170.80 if breached, the pair could fall to 170/169.60/169/168.70/168.45/168.
Indicator Analysis (60-min chart): - CCI (50): Bearish
- Average Directional Movement Index: Neutral
Overall, the indicators suggest a mixed trend
Trading Recommendation:
It is good to sell on rallies around 171.58-60with stop loss at 172.25 for a TP of 170/169.
