CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
FxWirePro: USD/JPY retreats as Japan signals possible FX intervention 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: AUD/USD edges higher ahead of RBA meeting minutes 
FxWirePro- Major European Indices 
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
FxWirePro: GBP/AUD moves lower on weak UK data 
FxWirePro- Major Pair levels and bias summary 
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
Major Intraday resistance -157.25
Intraday support- 155.80
GBPJPY has traded in a narrow range between 158.21 and 155.92 for the past four days. The pound sterling retreated against the USD after hitting a high of 1.38293 yesterday. Any breach below 1.3730 confirms further bearishness. Markets eye UK Brexit and UK budget for further direction. The intraday trend of the pair is still neutral as long as support 155.80 holds. GBPJPY hits an intraday high of 157.13 and is currently trading around 156.88.
USDJPY- Analysis
The pair showed a minor sell-off on declining US treasury yield. Any jump above 114.69 will pave way for 2017 high.
CCI Analysis-
The Woodies CCI is holding below zero level in the 1-hour chart. But CCI (50) is still above the zero line.
Technical:
The immediate resistance is around 157.20, any break above targets 157.66/158/158.25. Significant bullish continuation if it breaks 158.50. On the lower side, near-term support is around 156.50. Any indicative violation below targets 156.10/155.
Indicator (1-Hour chart)
Directional movement index –Bearish
It is good to sell on rallies around 156.95-57 with SL around 157.50 for a TP of 155.90.
