• USD/JPY eased slightly on Monday despite stronger US dollar as investors turn their attention towards U.S. inflation data and comments by Federal Reserve officials this week.
• A slew of Fed officials are due to speak at events this week, which could give further clues on the direction of the central bank's future interest rate trajectory. Focus will also be on U.S. September inflation figures on Thursday.
•The release of minutes from the Fed's September meeting on Wednesday is expected to explain its big rate cut last month.
• At GMT 04:06, the pair was trading down 0.74% at 141.35, lowest since January 2nd .
• Technical signals are strongly bullish as RSI is at 62, daily momentum studies 5, 9 and 10 DMAs are trending up.
• Immediate resistance is located at 149.07(23.6%fib), any close above will push the pair towards 149.26 (Higher BB).
• Support is seen at 147.80 (38.2%fib) and break below could take the pair towards 146.68 (50%fib)
Recommendation: Good to buy around 148.00, with stop loss of 147.50 and target price of 149.00


Major Crypto Action Bias: ETHUSD Turns Bullish – Only Bullish Pair to Watch
FxWirePro: GBP/USD stays below 1.3400 level following cooler inflation report
FxWirePro:USD/JPY hovers near 40-year peak,intervention fears linger
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary
Major Pair Action Bias: USDCHF Turns Bullish as EURUSD Stays Bearish – Key Pairs to Watch
FxWirePro- USD/CHF Holds Above 0.8120 as Bulls Target 0.8200
FxWirePro: USD/CAD retreats slightly but trend is still bullish
NZDJPY Pulls Back on Kiwi Weakness: Buy Dips at 94.40 Targeting 97
FxWirePro: USD/ZAR slips as rand gains on U.S.-Iran developments
FxWirePro: USD/CAD retains bid tone,eyes 1.4200 level
ETHUSD Breaks Above $1900 as Bulls Eye $2300 and Beyond
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD downtrend loses steam but outlook still bearish
AUDJPY Pulls Back on Profit Booking: Buy Dips Toward 117/118 



