FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
FxWirePro- Woodies Pivot(Major) 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 
FxWirePro: GBP/USD dips lower on negative UK retail sales data 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
FxWirePro- Major Crypto levels and bias summary 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
Chart - Courtesy Trading View
NZD/USD dives over 0.85% on the day to hit fresh multi-month lows, outlook strongly bearish.
The pair is extending bearish streak for the seventh straight week, hits levels unseen since June 2020.
Inflation fears and hopes of aggressive Fed rate hikes keep the US Treasury yields buoyed, supporting the US dollar.
Further, the US dollar safe-haven appeal, amid fears of worsening covid woes in China and the global leaders’ sanctions on Russia, keep the pair under pressure.
Technical indicators are strongly bearish. Momentum with the bearish, volatility is high and GMMA indicator shows major and minor trend are strongly bearish.
Major Support Levels:
S1: 0.6293 (Lower BB)
S2: 0.6185 (June 2020 low)
Major Resistance Levels:
R1: 0.6431 (5-DMA)
R2: 0.6471 (200H MA)
Summary: NZD/USD trades with a bearish bias. Little support seen till June 2020 lows at 0.6185. 5-DMA caps upside at 0.6431. Bearish invalidation only above 200-DMA.
