FxWirePro:EUR/NZD gains some upside momentum but still bearish 
FxWirePro- Major Pair levels and bias summary 
Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish 
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption 
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level 
FxWirePro: USD/ CNY remains soft ahead of Fed decision 
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup 
NZD/JPY Flatlines Near 94.60: Will Key Support Reignite the Uptrend? 
EUR/JPY Holds Bullish Bias as Euro Extends Recovery 
FxWirePro: USD/CAD slips after Fed holds rates steady 
FxWirePro: AUD/USD falls after softer-than-expected Australian Q2 CPI 
FxWirePro: USD/ZAR firms ahead of Fed interest rate decision 
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path 
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level 
FxWirePro- Woodies pivot (Major) 
USD/JPY chart - Trading View
USD/JPY was trading 0.26% higher on the day at 109.57 at around 04:40 GMT, outlook is bullish.
The pair closed the previous week with an impressive 1.32% gains as month-end flows probably supported the pair.
Upside was seen despite mixed data from the U.S. and largely steady US Treasury yields.
US dollar continues with a positive momentum across the board and a weekly close above 200 week SMA reinforces upside bias.
On the data front, US ISM Manufacturing PMI for April will be in focus for an indicator for overall economic health.
The US manufacturing sector looks to continue its uptick as the US economy powers out of the pandemic.
The Purchasing Managers’s Index (PMI) from the Institute for Supply Management is forecast to rise to 65 in April from its 38-year high of 64.7 in March.
Major Support Levels:
S1: 109.01 (5-DMA)
S2: 108.90 (200W MA)
S3: 108.81 (21-EMA)
Major Resistance Levels:
R1: 110.07 (Upper BB)
R2: 110.67 (88.6% Fib)
R3: 110.96 (Yearly high)
Summary: Technical indicators have turned bullish. Any disappointment in U.S. data later today could drag the pair lower. Covid headlines could also impact price action. Scope for test of 88.6% Fib at 110.67.
