Crypto Action Bias: ETHUSD Stands Out as the Bullish Pair to Watch 
FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings 
EUR/USD Bounces from Monthly Low, But Bearish Pressure Remains 
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
JPY Pairs Action Bias: EURJPY Leads as Bullish Standout Amid Mixed Momentum 
FxWirePro: GBP/AUD gains some upside momentum but still bearish 
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish 
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption 
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook 
AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters 
FxWirePro: NZD/USD edges lower, remains on back foot 
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 
FxWirePro: AUD/USD falls after softer-than-expected Australian Q2 CPI 
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases 
USD/JPY chart - Trading View
USD/JPY was trading 0.28% higher on the day at 109.77 at around 10:00 GMT, outlook is bullish.
The major has edged higher after 2 straight days of weakness, retraced brief dip below 5-DMA, is set to resume upside.
US data released overnight showed ISM Manufacturing PMI came in strong. However, details of the report showed inflation and employment components remained weak.
Data suggested further need for the easy money policy and kept the tapering risk at bay, offering support to USD/JPY bulls.
Uncertainty over the Fed’s next move, as well as Biden’s stimulus, test market optimism amid a light calendar day.
Markets remains cautious ahead of key NFP data due Friday. US-China trade headlines could keep upside limited.
Focus on coronavirus headlines, clues on monetary policy and fiscal stimulus for fresh impulse. The pair trades with a bullish outlook, weakness only on break below daily cloud.
