FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
FxWirePro- Major Pair levels and bias summary 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
FxWirePro- Major European Indices 
Chart - Courtesy Trading View
Spot Analysis:
NZD/USD was trading 0.54% higher on the day at 0.6229 at around 06:20 GMT
Previous Week's High/ Low: 0.6294/ 0.6167
Previous Session's High/ Low: 0.6211/ 0.6180
Fundamental Overview:
Antipodeans edged higher on Tuesday as a lack of negative news in banks helped lift riskier assets.
Improving risk appetite led traders to pivot into more risk-driven assets like the kiwi aiding the pair higher.
New Zealand's GDP in Q4 of 2022 surprisingly contracted more than expected with the RBNZ is still in the process of cooling runaway inflation.
The central bank has lifted its policy rate by a total of 450 basis points in ten straight meetings, pushing the cash rate to a 41-year record of 4.75%.
Markets expect the RBNZ will go ahead and lift its cash rate by a quarter point when it meets on April 5th.
On the other side, the US dollar Index remained on the defensive well below 103.00 ahead of key data.
Later in the day, US Conference Board Consumer Confidence index will take center stage ahead of FHFA’s House Price Index, Advanced Goods Trade Balance and the first testimony by FOMC’s S.Barr.
Major Support and Resistance Levels:
Support - 0.6157 (200-DMA), Resistance - 0.6244 (55-EMA)
Technical Summary: Technical indicators do not show a clear directional bias. Price action remains capped between 200-DMA and 55-EMA. Further sideways grind likely.
