FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/ZAR slips as rand gains on U.S.-Iran developments 
FxWirePro: GBP/USD stays below 1.3400 level following cooler inflation report 
FxWirePro- Woodies pivot (Major) 
NZDJPY Pulls Back on Kiwi Weakness: Buy Dips at 94.40 Targeting 97 
FxWirePro: USD/CAD retains bid tone,eyes 1.4200 level 
AUDJPY Pulls Back on Profit Booking: Buy Dips Toward 117/118 
FxWirePro- USD/CHF Holds Above 0.8120 as Bulls Target 0.8200 
FxWirePro: GBP/AUD downtrend loses steam but outlook still bearish 
FxWirePro: USD/CNY gains some upside momentum but bias still bearish 
ETHUSD Breaks Above $1900 as Bulls Eye $2300 and Beyond 
FxWirePro:USD/JPY hovers near 40-year peak,intervention fears linger 
FxWirePro: GBP/USD slips as Middle East tensions boost safe-haven dollar 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/ AUD dips below 1.6300 level, focus on near term support 
FxWirePro: GBP/NZD gains some upside momentum but still bearish 
The EUR/JPY lost more than 500 pips from previous week top 164.17 as demand for safe-haven assets increases. It hits an low of 158.23 yesterday and is currently trading around 160.95. The intraday outlook is bearish as long as the resistance 161.50 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 160.95 a breakout here could lead to targets at 161.50/162/ 162.60/163/163.3/164.20/165/166.65/167.
- Immediate Support: At 160– if breached, the pair could fall to 159.70/159.25/158.85.
Indicator Analysis 4-hour chart): - CCI (50): Bullish
- Average Directional Movement Index: Neutral
Overall, the indicators suggest a mixed trend
Trading Recommendation:
It is good to sell on rallies around 162 with a stop loss at 163.20 for a TP of 158.50.
