FxWirePro: AUD/USD runs out of steam but maintains bullish outlook 
BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout 
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: USD/ZAR bears maintain upper hand 
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100 
USD Loses Shine: Soft Labor Market and Stalling Consumer Spending Drag USDCHF Lower 
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path 
FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update 
FxWirePro: GBP/NZD remains bullish as rally continues 
FxWirePro:GBP/NZD recovers ground after early dip, bias bullish 
FxWirePro: EUR/NZD edges lower but bullish outlook persists 
ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout 
EUR/JPY Bearish Outlook Persists: Ifo Weakness Caps Upside, Sell Rallies Targeting 180 Below 183 Resistance 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data 
Chart - Courtesy Trading View
USD/JPY was trading in a narrow range at 131.24, down 0.05% at 05:00 GMT, with session high at 131.60 and low at 131.03.
US Dollar remains under pressure after central bank rapid action has flooded the market with excess US Dollar liquidity.
Caution prevails ahead of Wednesday's FOMC meeting where the market anticipates a 25 basis point (bps) rate hike.
Major attention will be on Fed Chair Jerome Powell's press conference, for any unexpected comments that could trigger market volatility.
Technical Analysis:
- USD/JPY is hovering near daily cloud base support
- Momentum is with the bears and rising volatility to drag the bearish bias further
- MACD and ADX support downside in the pair
- GMMA indicator shows minor trend is bearish while major trend is also turning
Major Support Levels: 130.27 (Cloud base), 127.91 (21-month EMA)
Major Resistance Levels: 131.93 (55-week EMA), 132.29 (5-DMA)
Summary: USD/JPY trades with a bearish bias. Price action has paused at cloud base support. Break below cloud will drag the pair lower. Subdued action likely in the run up to the FOMC meeting.
