AUDJPY Extends Four-Day Rally as Yen Weakness Fuels Fresh Buying Opportunity 
FxWirePro: GBP/USD stays below 1.3400 level following cooler inflation report 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/CNY gains some upside momentum but bias still bearish 
FxWirePro: GBP/AUD downtrend loses steam but outlook still bearish 
FxWirePro: AUD/USD rallies on jobs surge, heads to test key resistance 
NZDJPY Dips Create Fresh Buy Opportunity as Key Support Holds 
JPY Strength Alert: USDJPY, AUDJPY, EURJPY and CADJPY Turn Extremely Bullish 
FxWirePro- Woodies pivot (Major) 
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades 
FxWirePro:USD/JPY holds above 163 as intervention fears keep traders on edge 
FxWirePro: EUR/ AUD downtrend loses steam, remains on bearish path 
FxWirePro: USD/CAD retreats slightly but trend is still bullish 
Major Pairs Bias: USDCHF Bullish While GBPUSD Turns Bearish 
FxWirePro:USD/JPY hovers near 40-year peak,intervention fears linger 
JPY Action Bias: USDJPY, AUDJPY & EURJPY Turn Extremely Bullish – Top Pairs to Watch 
FxWirePro: USD/CNY attracts selling interest, vulnerable to more downside 
The EUR/JPY formed a double bottom near 161.50 and showed a minor pullback due to the weak yen. It hit an intraday high of 162.707 and is currently trading around 162.347. Intraday outlook is bearish as long as the resistance 164 holds.
Technical Analysis:
The EUR/JPY pair is trading below the 34,55 EMA and 200-4H EMA in the 4-hour chart.
- Near-Term Resistance: Around 163 a breakout here could lead to targets at 163.60/164/165/166.65/167.
- Immediate Support: At 161.50– if breached, the pair could fall to 160.95/159.70/158.80/157.76.
Indicator Analysis (4-hour chart):
- CCI (50): Bullish
- Average Directional Movement Index: Bearish
Overall, the indicators suggest a mixed trend.
Trading Recommendation:
It is good to sell on rallies around 162.75-80 with stop loss at 164 for a TP of 160.
