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FxWirePro: EUR/CAD slips as firm oil price lift loonie despite soft GDP data 
FxWirePro: AUD/USD gaining momentum for a move towards 0.6800 level 
FxWirePro: EUR/NZD runs out of steam but maintains bullish outlook 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar 
FxWirePro: NZD/USD maintains bullish bias with focus on 0.5900 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
FxWirePro: GBP/NZD bulls loosen their grip a bit, dips to be bought 
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FxWirePro: GBP/AUD loses momentum but bullish setup remains 
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FxWirePro-Major European Indices 
USD/JPY chart - Trading View
USD/JPY was trading 0.21% higher on the day at 108.83 at around 05:30 GMT, buying interest in the US dollar supports.
Rising geopolitical uncertainty over Israel and Palestine boosted the demand for the safe-haven US dollar.
On the other side, the Japanese yen struggles as the Bank of Japan (BOJ) warns of risk to the recovery amid pandemic curbs.
Technical indicators for the pair are neutral. Price action has paused downside above major support at 108.30 (converged trendline and 55-EMA).
Oscillators are biased higher. Volatility is high as evidenced by wide Bollinger bands. Scope for upside resumption on break above daily cloud.
Focus now on the release of the US Consumer Price Inflation (CPI) data, expectations are for a rise from 2.6% to 3.6% YoY in April.
Any deviation in the headline CPI reading could negatively impact the pair. Breach below 55-EMA could see more downside.
