• USD/JPY edged up in quiet trading as investors awaited U.S. inflation data ahead of the September FOMC meeting.
• U.S. inflation likely picked up in August from higher gas prices and tariffs, but remains moderate, keeping markets confident in next week’s Fed rate cut.
• The Labor Department’s CPI release on Thursday may stoke fears of stagflation amid recent disappointing employment figures.
• Next Wednesday’s Fed meeting is expected to deliver a 25-basis-point rate cut, while markets assign a small probability to a 50-point reduction, according to CME FedWatch.
• Immediate resistance is located at 148.55(38.2%fib), any close above will push the pair towards 148.75 (Higher BB).
• Support is seen at 146.86(50%fib) and break below could take the pair towards 146.50 (Lower BB ).
Recommendation: Good to buy around 147.60 with stop loss of 147.00 and target price of 148.50


FxWirePro: USD/CAD bulls continue to hold the higher ground
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets
FxWirePro: USD/ZAR sell bias remains below key resistance zone
FxWirePro: EUR/AUD downward momentum remains in place
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases
FxWirePro: USD/CNY bears maintain upper hand
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal
FxWirePro- Woodies pivot (Major) 



