Source: Thomson Reuters
- USD/JPY overnight surge to multi-yr high at 122.04 bereft of yield & stock market support
- USD/JPY implodes, could test 120.40, BOJ QQE3 risk & GPIF flows to limit downside if risk aversion abates
- USD-JPY 2-yr spreads down at Mar 5 level (USD/JPY 119.62-120.40 that day)
- Bids 121.00-10, but 61.8% of Mar range, Mar 5 hi & Tenkan by 120.40 are key
- Prices overbought on dailies & payoff for new high/122 breakout buyers is a loss so far


FxWirePro- Major Pair levels and bias summary
Crypto Major Pair Action Bias: ETHUSD Bullish as BTCUSD, SOLUSD & XRPUSD Stay Neutral
FxWirePro: AUD/USD remains buoyant, looks to extend gains
FxWirePro- Major Crypto levels and bias summary
FxWirePro :USD/JPY bulls loosen their grip a bit, dips to be bought
GBPJPY Bullish on Consolidation: Holds Above 216 After 218 Top – Buy Dips at 217 Targeting 220
NZDJPY Extremely Bullish Above 94: Broad NZD Buying Fuels Fresh Upside – Buy Dips at 93.70 Targeting 95
FxWirePro: NZD/USD steadies around 0.5830,retains bid tone
NZDJPY Smashes 4-Month High on Kiwi Buying Frenzy – Bullish Setup Remains Strong
FxWirePro: GBP/AUD loses momentum but outlook is bullish
GBPJPY Stuck in Tight Range – Neutral Bias Persists Despite Bullish EMAs
GBPUSD, AUDUSD & NZDUSD Turn Extremely Bullish: Strong Positive Momentum Drives Major Pair Action Bias
FxWirePro :USD/JPY hovers near 40-year high, bias bullish 



