- AUD/JPY extended upside on negative yen fundamentals, but upside was capped at strong trendline resistance at 86.22.
- Markets nervous ahead of key central banks’ events along with a fresh batch of economic data lined up for release this week.
- Focus remains on FOMC, RBNZ and BOJ monetary policy decision due later this week.
- On the data front, China is set to release data on March industrial profits on Wed, while Japanese data on inflation, retail sales and unemployment are due Thurs.
- Technicals on 2H charts have turned bearish, pair on track to tests support at 85.25 levels.
- We see a bearish crossover on 5-DMA on 10DMA, Stochs have rolled over from overbought zone and MACD shows a bearish crossover on signal line.
- 2H cloud top at 85.14 is strong support, breaks below could see further downside upto 84.65 levels.
Recommendation: Sell rallies around 85.60/70, SL: 86, TP: 85.20/85/84.60


CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro- Major European Indices
FxWirePro- Major Crypto levels and bias summary
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro: GBP/AUD moves lower on weak UK data
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 



