Major JPY Action Bias — Extremely Bullish Setups in NZD/JPY, AUD/JPY and CAD/JPY 
FxWirePro :USD/JPY bulls loosen their grip a bit, dips to be bought 
FxWirePro: AUD/USD firms slightly, but downward resumption looks likely 
GBPJPY Stuck in Tight Range – Neutral Bias Persists Despite Bullish EMAs 
FxWirePro: USD/ZAR downside pressure builds, key support level in focus 
FxWirePro: NZD/USD advances as hawkish outlook by a top policy maker boosts kiwi dollar 
FxWirePro- Major Pair levels and bias summary 
GBPUSD, AUDUSD & NZDUSD Turn Extremely Bullish: Strong Positive Momentum Drives Major Pair Action Bias 
AUDJPY Surges Above 112.50 on Aussie Momentum – Bullish EMAs Flash Green but Sell Rallies into 111.30 
NZDJPY Extremely Bullish Above 94: Broad NZD Buying Fuels Fresh Upside – Buy Dips at 93.70 Targeting 95 
GBPJPY Bullish on Consolidation: Holds Above 216 After 218 Top – Buy Dips at 217 Targeting 220 
FxWirePro: GBP/NZD downtrend slows, but bearish sentiment remains 
FxWirePro: USD/CNY edges lower , bearish outlook persists 
FxWirePro: GBP/AUD loses momentum but outlook is bullish 
Source: Thomson Reuters
- USD/JPY prices already above the Kijun at 120.185, but not the 120.37 Mar 31 high
- Mon & Fri's post-NFP Cloud bounces will be confirmed with close past Kijun
- Setup is similar to the Feb 6 Kijun breakout that led to new trend highs
- 2-yr yield spreads have been main drag on prices; new N225 highs ignored
- Yield spreads partly driven down by Japan pension buys & negative EUR rates
