Crypto Bias Report: Trend Signals and Top Bullish Picks 
FxWirePro:USD/JPY hovers near a four-decade low 
FxWirePro- Major Pair levels and bias summary 
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish 
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks 
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level 
FxWirePro: GBP/NZD gains some ground but outlook is bearish 
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97 
FxWirePro: USD/CNY edges higher but bulls lack punch 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25% 
FxWirePro: USD/CAD edges lower but bullish outlook persists 
FxWirePro: USD/ZAR retreats slightly but bias is bullish 
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118 
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise 
Chart - Courtesy Trading View
USD/JPY was trading 0.02% lower on the day at 131.84 at around 05:10 GMT, safe haven dollar on the back foot amid a rebound in Treasury yields.
Over the weekend, the Federal Reserve, European Central Bank, Bank of England, Swiss National Bank, Bank of Canada and Bank of Japan announced joint action to enhance market liquidity.
Volatility subsides but fears remain among traders even as major central banks seek to reassure markets.
The US Dollar Index (DXY) muted around 103.80 as markets prepare for action ahead of the interest rate policy by the Federal Reserve (Fed).
USD/JPY is extending weakness into daily cloud, price action capped below 5-DMA, slips further into daily cloud.
Technical indicators support further downside in the pair. Oscillators are sharply lower and volatility is high and rising.
Major Support Levels: 130.74 (Lower BB), 128.08 (Feb 2023 low)
Major Resistance Levels: 132.99 (5-DMA), 134.50 (200H MA)
Summary: USD/JPY trades with a bearish technical bias. The major is poised to extend weakness. Cloud base is strong support at 130. Break below will drag the pair lower.
