FxWirePro- Major European Indices 
Yen Under Siege: NZDJPY Bulls Eye 96.00 Amid Broad Japanese Weakness 
Yen Volatility: NZDJPY Navigates Geopolitical Headwinds Amidst a "Buy on Dips" Setup 
FxWirePro: GBP/NZD slips amid prolonged geopolitical uncertainty 
FxWirePro: EUR/ NZD gains some upside momentum but still bearish 
Aussie Retreat: AUDJPY Sees Minor Profit-Taking After Touching Multi-Year Peak 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: AUD/USD softens as Iran rejects US peace talks 
FxWirePro: GBP/NZD regains upwards momentum but unable to hold above 
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish 
FxWirePro- Woodies Pivot(Major) 
FxWirePro- Major European Indices 
Sterling Surge: GBPJPY Rebounds from Fibonacci Support as Yen Weakness Persists 
Aussie vs. Yen: AUDJPY Holds Critical Support Amid Minor Retracement 
Euro Under Pressure: EURUSD Retreats Amid Escalating Middle East Tensions 
FxWirePro: USD/CAD dips as weaker dollar gives bears some traction 
FxWirePro: USD/JPY edges higher as dollar recovers some lost ground 
- GBP/JPY declined more than 200 pips yesterday on account sudden jump in Yen due to increase of safe haven demand. Yen jumped yesterday after US President imposes trade tariff for 100 products on China. The pair hits low of 147.69 and is currently trading around 148.02.
- The Bank of England has voted 7-2 to leave interest rates unchanged at 0.5%. The members were positive over the economic outlook and wage growth also in line with expectations. Market already priced the chance of 25bpbs rate hike in May.
- The major resistance is around 148.01 (20- day MA) and any break above targets 149/149.69 (55- day MA)/150.20/150.65. The major trend reversal only above 150.95.
- On the lower side, near term support is around 147.50 and any close below will drag the pair till 146.95/146.40.
It is good to sell on rallies around 148.55-60 with SL around 149.65 for the TP of 146/145.
