Major Pair Action Bias: Bullish Pairs to Watch Out For 
FxWirePro: GBP/AUD under pressure as pound continues to weaken 
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness 
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings 
FxWirePro: NZD/USD edges lower, remains on back foot 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
FxWirePro- Woodies pivot (Major) 
GBPJPY Slips After Sterling Weakness, Bears Eye 216 
FxWirePro: AUD/USD dips after RBA Governor speech 
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases 
FxWirePro: NZD/USD gains as U.S.-Iran peace hopes boost risk sentiment 
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level 
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level 
Chart - Courtesy Trading View
- NZD/USD was trading 0.53% higher on the day at 0.6883 at around 10:20 GMT.
- The pair is extending upside for the third consecutive session and is currently testing daily cloud resistance.
- Commodity currencies buoyed on broad based US dollar weakness after release of US inflation data overnight.
- Data released overnight showed U.S. consumer prices rose at their fastest rate in nearly 40 years.
- CPI printed at 7% month-on-month, slightly higher than forecast, while the increase in year-on-year CPI was the biggest since June 1982.
- The Fed in two weeks the Fed holds its first meeting of the year and rate outlook is seen unchanged by the CPI data.
- Technical bias for the pair has turned bullish. The pair is set to resume upside after extending sideways at 200-week MA support.
- The pair has broken above 55-EMA, momentum is bullish and volatility is rising. Scope for test of 110-EMA at 0.6925.
