JPY Action Bias: EURJPY and CADJPY Emerge as Extremely Bullish Pairs to Watch 
FxWirePro: USD/CAD slips after Fed holds rates steady 
FxWirePro: USD/JPY edges higher as focus shifts to BOJ decision 
FxWirePro- Woodies pivot (Major) 
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist 
FxWirePro: AUD/USD falls after softer-than-expected Australian Q2 CPI 
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level 
FxWirePro: GBP/AUD gains some upside momentum but still bearish 
FxWirePro: USD/ZAR firms ahead of Fed interest rate decision 
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup 
Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish 
NZD/JPY Flatlines Near 94.60: Will Key Support Reignite the Uptrend? 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption 
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict 
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds 
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USD/JPY chart - Trading View
USD/JPY has reversed Friday's losses and was trading 0.20% higher on the day at 105.52 at around 04:00 GMT.
The pair opened the week on a bullish note amid renewed market optimism, scope for retest of 50-DMA resistance.
Markets cheer President Trump's coronavirus recovery news and optimism over the US stimulus deal lifts the overall market sentiment.
On the data front, Japan’s Jibun Bank Services PMI rises beyond 45.6 forecast to 46.9 in September.
Technical studies are neutral with a slight bullish bias. Stochs and RSI are biased higher and break above 50-DMA will see upside continuation.
Major trend is bearish. Failure to break stiff resistance at 50-DMA will see dip till 104 levels.
Major Support Levels:
S1: 105.44 (200H MA)
S2: 105
S3: 104 (Sept 21st low)
Major Resistance Levels:
R1: 105.73 (50-DMA)
R2: 105.89 (55-EMA)
R3: 106
Summary: The pair is likely to stay capped at 50-DMA resistance. Mounting bearish pressure will likely drag prices lower. Upside only on decisive break above 50-DMA. Watch out for FOMC minutes due this Wednesday for further impetus.
