• USD/JPY dipped on Wednesday as the yen recovered some ground as investors braced for the Fed policy announcements.
•All eyes were on the Fed's decision due later in the day, in which a 25-basis-point rate cut is almost fully priced in.
• Meanwhile, Bank of Japan (BOJ) meets next week and is expected to raise interest rates, though focus will also be on what Governor Kazuo Ueda says about the future policy path.
•Expectations of more expansionary fiscal measures in Japan have complicated the outlook for BOJ policy under which rates remain among the lowest in the world, in contrast to its peers elsewhere.
• Immediate resistance is located at 155.90(38.2%fib), any close above will push the pair towards 157.00(Psychological level).
• Support is seen at 155.47 (SMA 20) and break below could take the pair towards 154.22 (50%fib)
Recommendation: Good to buy around 156.40 with stop loss of 155.50 and target price of 157.50


FxWirePro- Woodies Pivot(Major)
FxWirePro: NZD/USD edges higher, set to stay on front foot
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro: USD/CAD eases ahead of Fed and BoC rate decisions
AUDJPY on Fire: RBA Hawkish Pause Ignites Break Above 103.50 – Bulls Target 105 Next
FxWirePro: USD/ZAR gains some ground but bearish outlook persists
NZD/JPY Breaks Above 90: Bullish Momentum Builds as Yen Slides
Bitcoin Holds the Line at 90k: Sideways Grind with an Eye on 100k Breakout
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro: AUD/USD pushes higher as RBA holds rates steady
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD bulls loosen their grip a bit, dips to be bought
FxWirePro: GBP/AUD downtrend loses steam, remains on bearish path
GBP/JPY Surges to Multi-Year High: Bullish Momentum Eyes 210 as Yen Weakens
FxWirePro- Major US Indices
FxWirePro: EUR/AUD downtrend slows, but bearish sentiment remains
FxWirePro: GBP/NZD pauses downtrend and consolidates 



