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: AUD/USD firms slightly, but downward resumption looks likely 
FxWirePro: GBP/USD advance after softer US inflation dims Fed rate hike bets 
FxWirePro: EUR/AUD bears maintain upper hand 
FxWirePro: NZD/USD steadies around 0.5830,retains bid tone 
AUDJPY Surges Above 112.50 on Aussie Momentum – Bullish EMAs Flash Green but Sell Rallies into 111.30 
Major JPY Action Bias — Extremely Bullish Setups in NZD/JPY, AUD/JPY and CAD/JPY 
FxWirePro: NZD/USD advances as hawkish outlook by a top policy maker boosts kiwi dollar 
GBPJPY Stuck in Tight Range – Neutral Bias Persists Despite Bullish EMAs 
NZDJPY Extremely Bullish Above 94: Broad NZD Buying Fuels Fresh Upside – Buy Dips at 93.70 Targeting 95 
NZDJPY Smashes 4-Month High on Kiwi Buying Frenzy – Bullish Setup Remains Strong 
FxWirePro: USD/CNY edges lower , bearish outlook persists 
FxWirePro:EUR/NZD extends decline, key support lies ahead 
FxWirePro:EUR/NZD extends fall, key support lies ahead 
Source: Thomson Reuters
- USD/JPY overnight surge to multi-yr high at 122.04 bereft of yield & stock market support
- USD/JPY implodes, could test 120.40, BOJ QQE3 risk & GPIF flows to limit downside if risk aversion abates
- USD-JPY 2-yr spreads down at Mar 5 level (USD/JPY 119.62-120.40 that day)
- Bids 121.00-10, but 61.8% of Mar range, Mar 5 hi & Tenkan by 120.40 are key
- Prices overbought on dailies & payoff for new high/122 breakout buyers is a loss so far
