EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
• GBP /AUD strengthened on Wednesday after softer than expected core Aus CPI data weighed on Australian dollar.
• Australian inflation eased in the first quarter, probably confirming it has past its peak. Core inflation dipped below forecasts, suggesting less pressure for the RBA to resume raising rates at its May 2 meeting.
• The pair hit daily high at 1.8915 and was last trading at 1.8891 at (GMT 19:42).
• From a technical viewpoint, RSI is strongly bullish at 71, daily momentum studies, 5, 10 and 11 daily MAs are pointing higher.
• Immediate resistance is located at 1.8909 (23.6% fib), any close above will push the pair towards 1.9000 (Psychological level).
• Immediate support is seen at 1.8662(38.2% fib) and break below could take the pair towards 1.8557 (9DMA).
Recommendation: Good to buy on dips around 1.8850, with stop loss of 1.8750 and target price of 1.8950.
