Oil Spikes on US-Iran Fire: $66 Highs Hit, Buy the Dip at $57–58 for $63 Bounce 
FxWirePro- Major Pair levels and bias summary 
CAD/JPY Bounces to 113.22 — BOC Hold Sparks Dip-Buy Setup Toward 115 
FxWirePro: AUD/USD eases from 3-year high , bias bullish 
EUR/GBP Slumps to 0.86598 — Bears Dominate While 0.86750 Caps Any Bounce 
CAD/JPY Dips After Weak GDP – Buy the Pullback at 113, Eyes 115 Breakout 
FxWirePro- Major European Indices 
FxWirePro: GBP/AUD downtrend slows, but bearish sentiment remains 
FxWirePro: NZD/USD pulls back from 6-month high 
FxWirePro: GBP/NZD maintains bearish bias with focus on 2.2650 level 
NZDJPY Poised to Break Higher: Buy-the-Dip Strategy Above 91.40 Support 
FxWirePro: EUR/AUD falls below 1.7000, bears keep the advantage 
FxWirePro: USD/JPY gains some ground but bearish outlook persists 
EURJPY Trapped in Bearish Squeeze: Sell Rallies Near 184 – 180 in Sight 
FxWirePro: USD/ZAR gains mild momentum, trend remains bearish 
NZD/JPY upside stalls at strong trendline resistance, pair struggling to extend gains above.
- Disappointing wage negotiation results and recent weakness in Japanese economic data point to a high possibility of additional BOJ easing as early as April.
- BOJ Governor Kuroda said on Wednesday that exports and production are showing weakness, and repeated that the BOJ would ease without hesitation if needed.
- Earlier in the day, BoJ published the minutes of its Jan meeting, and most members saw heightening risk that global market volatility could hurt business sentiment, delay shift from deflationary mindset.
- Many members said it was appropriate to take additional steps to forestall risks.
- We see scope for further upside in the pair only on breaks above channel top, tests of 77 levels then likely.
- Techs on 4-hourly charts show Stoch are at overbought zone and momentum is slowly fading. Breaks below 75.80 could take the pair lower to 74.70 levels.
