FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 
FxWirePro- Woodies Pivot(Major) 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/USD dips lower on negative UK retail sales data 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut 
AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70 
FxWirePro- Major Crypto levels and bias summary 
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 
FxWirePro: NZD/USD dips as stronger U.S. dollar offsets NZ Q3 GDP surprise 
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
Chart - Courtesy Trading View
USD/JPY was trading 0.30% higher on the day at 136.53 at around 05:30 GMT, on track to test 200-DMA at 137.24.
US ISM Manufacturing PMI on Wednesday showed New Orders Index jumped to 47.0 from the expectations of 43.7 and the former release of 42.5.
Further, the Manufacturing Price Paid climbed to 51.3 vs. the consensus of 45.0 and prior 44.5, suggesting that Producer Price Index (PPI) might deliver a surprise upside ahead.
Data shows that the US inflation situation is getting complex and Federal Reserve (Fed) is likely to strengthen its defense in the battle against persistent inflation.
Fed chair Jerome Powell has been reiterating that a consideration of a premature rate cut could have a devastating impact on the inflation situation.
Market mood is displaying caution as investors worry that more rates from the Federal Reserve will push the United States economy into a recession.
On the other side, back-to-back dovish commentaries from Bank of Japan (BoJ) policymakers are impacting the Japanese Yen.
Looking ahead, focus is on Friday’s key US ISM Services PMI for February for further impetus.
Major Support Levels:
S1: 136.27 (5-DMA)
S2: 134.97 (110-EMA)
Major Resistance Levels:
R1: 137.24 (200-DMA)
R2: 137.58 (Upper BB)
Summary: USD/JPY pivotal at 200-DMA resistance. Technical indicators show bullish momentum. Watch out for decisive break above 200-DMA for fruther gains.
