FxWirePro- Major Pair levels and bias summary 
FxWirePro- Woodies pivot (Major) 
AUDJPY Bullish Surge: Strong Australian Dollar Fuels Fresh Upside as Pair Holds Above 113.50 and All EMAs Align 
FxWirePro: GBP/USD under pressure despite UK's modest economic growth 
FxWirePro: AUD/USD edges lower, but bullish outlook persists 
FxWirePro: GBP/NZD gains some upside momentum but still bearish 
Crypto Major Pair Action Bias: ETHUSD Bullish as BTCUSD, SOLUSD & XRPUSD Stay Neutral 
FxWirePro: USD/ZAR advances as South African rand weakens amid renewed Middle East tensions 
FxWirePro:EUR/NZD dips below lower range, bearish bias increases 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Woodies pivot (Major) 
FxWirePro: USD/JPY uptrend loses steam, remains on bullish path 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 
The EURJPY pair remains flat, moving close to 175.87 after reaching an intraday low of 175.76, due to the yen's weakness, which is neutralizing the euro's decline. The immediate perspective is still positive to the upside as long as the price is maintained above the crucial support level at 175.
Technical Analysis:
The EUR/JPY pair is trading above 55 EMA, below 200 and 365-H EMA on the 1-hour chart.
- Near-Term Resistance: Around 176.50,a breakout here could lead to targets at 177/178.
- Immediate Support: At 175.70 if breached, the pair could fall to 175.20/174.60/174/173.
Indicator Analysis (4-hour chart):
- CCI (50): Neutral
- Average Directional Movement Index: Neutral
Overall, the indicators suggest a mixed trend
Trading Recommendation:
It is good to buy on dips around 175.78-80 with a stop loss at 174.80 for a TP of 178.
