FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision 
FxWirePro: AUD/USD dips below lower range, bearish bias increases 
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum 
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level 
FxWirePro:EUR/NZD gains some upside momentum but still bearish 
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support 
FxWirePro: USD/JPY edges higher as focus shifts to BOJ decision 
FxWirePro: NZD/USD firms as Kiwi gains on strong ANZ business outlook data 
FxWirePro: USD/CNY dips to hit three year low,scope for further downside 
FxWirePro: GBP/USD rises as soft US data pressures dollar 
FxWirePro- Major Pair levels and bias summary 
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low 
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies 
FxWirePro- Major Pair levels and bias summary 
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch 
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target 
Chart pattern- Bearish engulfing pattern
Ichimoku analysis (8-hour chart)
Tenken-Sen- 132.19
Kijun-Sen- 132.86
GBPJPY has declined sharply after hitting an intraday high of 131.93. It has formed a double top around 133.20 and the short term trend is bearish as long as it holds. It hits an intraday low of 130.78 and is currently trading around 130.78.
USDJPY is trading weak and convincing break below 106.75 confirms bearish continuation.
The near term resistance is around 132.60 and any violation above will take the pair to 133.20. Minor trend reversal only if it breaks 133.20. The decline from 144 will get completed at 124.02 only if it breaks the 136 level.
On the flip side, 130.66 (May 6th low) will be acting as significant support and indicative violation below targets 129.80/128.
It is good to sell on rallies around 131.20-25 with SL around 132 for the TP of 128.
