FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data 
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance 
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook 
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100 
FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update 
BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout 
EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900 
FxWirePro: GBP/NZD remains bullish as rally continues 
USD Loses Shine: Soft Labor Market and Stalling Consumer Spending Drag USDCHF Lower 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path 
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/ZAR bears maintain upper hand 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data 
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88 
 - EconoTimes)
Chart - Courtesy Trading View
USD/JPY was trading 0.17% higher on the day at 132.46 at around 04:10 GMT. Outlook for the pair is neutral.
The dollar held its ground on Wednesday as traders await U.S. consumer price data to see whether it will confirm that inflation is in retreat.
Markets have started to anticipate easing inflation which in turn would suggest the need for more interest rate hikes is likely to wane.
That said, Federal Reserve chair Jerome Powell disappointed traders, did not give any policy clues during a panel discussion in Stockholm overnight.
Major focus now on U.S. CPI data. Soft core CPI would stoke expectations for a 25bp increase, further weighing on the dollar.
Price action has edged above 200H MA, but upside lacks traction. GMMA indicator shows major trend is bearish.
21-EMA is immediate resistance at 133.42. Upside resumption only above 200-DMA.
Major Support Levels:
S1: 131.93 (200H MA)
S2: 129.26 (Lower BB)
Major Resistance Levels:
R1: 133.42 (21-EMA)
R2: 136.57 (200-DMA)
Summary: USD/JPY trades with a neutral bias. Major trend is still bearish. Scope for test of fresh multi-month lows below 129.50. Bearish invalidation only above 200-DMA.
