FxWirePro- Woodies pivot (Major) 
FxWirePro- Woodies pivot (Major) 
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias 
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness 
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JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks 
FxWirePro: NZD/USD gains as U.S.-Iran peace hopes boost risk sentiment 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118 
GBPJPY Slips After Sterling Weakness, Bears Eye 216 
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish 
Major Pair Action Bias: Bullish Pairs to Watch Out For 
Chart - Courtesy Trading View
USD/JPY was trading 0.19% lower on the day at 125.33 at around 04:30 GMT.
The pair is trading marginally lower as investors shrugged off the hangover of the higher US Consumer Price Index (CPI).
US inflation printed at 8.5%, improving the certainty of a jumbo interest rate hike by the Federal Reserve (Fed) in May.
Also, higher than expected US Producer Price Index (PPI) on Wednesday weighed on the dollar index.
US Labor Statistics agency reported the US Producer Price Index (PPI) at 11.2%, higher than consensus of 10.6% and the prior figure of 10.3%.
Focus now shifts to the US Retail Sales data due later on Thursday. Market expects monthly US Retail Sales to double to 0.6%.
Technical analysis points to possibility of minor weakness on account of overbought conditions.
Price action has formed an inverted hammer on the previous session's candle, bears eye 200H MA support at 124.25.
