Yen holds firm bullish tone, following post-BOJ's surge

EURUSD

The Euro is stable above 1.1300 handle, above which it closed yesterday, on the third consecutive daily bullish close. Fresh bullish acceleration on softer US dollar, broke above sideways-moving daily 20 SMA at 1.1333 and opens turns focus towards strong resistance at 1.1400 zone (former triple upside rejection).
Technical studies are bullish on all timeframes and support extension towards 1.1400, break of which will open key short-term barrier at 1.1463 (12 Apr peak).
Broken 20SMA now marks initial support, followed by strong 1.1300 zone (reinforced by parallel-running daily Tenkan-sen & Kijun-sen; rising daily 10SMA and hourly Ichimoku cloud top).
Only return below 1.1283/70 (hourly cloud base / yesterday’s low), would soften near-term tone.

Res: 1.1367; 1.1400; 1.1463; 1.1495
Sup: 1.1333; 1.1300; 1.1270; 1.1232







GBPUSD

Cable returned to 1.4600 handle, on renewed strength from 1.4520, where hourly higher base was formed. Fresh rally confirms strong bullish stance and looks for completion of 1.4636/1.4470 consolidation and final stretch towards key barriers at 1.4665/1.4701 (04 Feb high / Fibo 61.8% of 1.5237/1.3834 descend).
Hourly higher base at 1.4520 marks initial support, followed by yesterday’s post FOMC spike low at 1.4470.
Bullish cross of 10/100SMA is forming at 1.4410 and underpinning upside action.
Res: 1.4636; 1.4665; 1.4701; 1.4750
Sup: 1.4546; 1.4520; 1.4470; 1.4457






USDJPY

Sharp bearish acceleration nearly fully reversed 107.61/111.85 correction, following repeated upside rejections at 111.85 zone, where lower platform was formed. Subsequent sharp fall 108 support brought bears fully back to play and threatens for return to 107.61 base, for full retracement.
Break and close below here would signal resumption of larger downtrend from 125.84, towards next significant support at 106.70 (Fibo 76.4% of 100.81/125.84 ascend).
Initial resistance lies at 108.75, followed by 109.25/75 and more significant 110.70 (former consolidation floor).
Upside breakpoint lies at 111.85.

Res: 108.75; 109.25; 109.75; 110.00
Sup: 107.61; 107.00; 106.70; 106.00





AUDUSD

The pair bounces off fresh low at 0.7546, posted after yesterday’s sharp fall, with recovery being so far capped at 0.7655 (50% of 0.7763/0.7546 fall.
Daily MA’s turned into bearish setup and favor selling upticks for renewed attack at 0.7546 and possible extension to strong 0.7475/90 daily higher base.
Sideways-moving daily 20SMA at 0.7663 and Fibo 61.8% of 0.7763/0.7546 downleg at 0.7680, mark strong resistance zone, which is expected to cap corrective rallies.
Hourly double-top at 0.7763, marks upside breakpoint and only break here would neutralize near-term bears.

Res: 0.7663; 0.7680; 0.7719; 0.7763
Sup: 0.7575; 0.7546; 0.7490; 0.7460