EURJPY surged above 180 level on board-based yen weakness. Intraday remains bullish as long as support 177.25 holds.
Technical Analysis:
The EUR/JPY pair is trading above 55 EMA, 200, and 365-H EMA on the 1-hour chart.
- Near-Term Resistance: Around 178.50,a breakout here could lead to targets at 178.80/179/180/183.
- Immediate Support: At 178.80, if breached, the pair could fall to 178/177.25/176/175.20/174.60/174/173.
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 178 with a stop loss at 177.25 for a TP of 180.


Gold Loses Steam After Strong U.S. Retail Sales
FxWirePro: USD/JPY uptrend loses steam, remains on bullish path
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR advances as South African rand weakens amid renewed Middle East tensions
FxWirePro: GBP/USD hits one-month high, scope for further upside
Crypto Major Pair Action Bias: ETHUSD Bullish as BTCUSD, SOLUSD & XRPUSD Stay Neutral
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD under pressure despite UK's modest economic growth
FxWirePro: NZD/USD trades in narrow range ,outlook bullish
EUR/USD Holds Bullish Tone Despite Pullback from Yesterday’s High
Major Pair Action Bias: Extremely Bullish Surge Powers GBPUSD & NZDUSD as Bullish Momentum Ignites
FxWirePro: USD/CAD falls after BoC rate hold and weak U.S. producer inflation
FxWirePro- Woodies pivot (Major)
ETH Stands Alone Bullish; BTC, SOL, XRP, BNB Neutral
FxWirePro- Major Pair levels and bias summary
FxWirePro:EUR/NZD dips below lower range, bearish bias increases 



