• USD/JPY ticked higher on Thursday as traders stayed cautious ahead of the Bank of Japan meeting.
•The spotlight will be on Friday’s BoJ policy decision and Governor Kazuo Ueda’s remarks after the meeting.
• The BoJ is widely expected to lift its short-term interest rate to 0.75% from 0.5% at the end of its two-day policy meeting on Friday, as elevated food prices keep inflation above the 2% target.
•Markets have fully factored in the current rate move, attention among Bank of Japan observers is expected to center on signals regarding the pace of future hikes and the cycle’s peak.
•Meanwhile, Prime Minister Sanae Takaichi said on Wednesday that Japan must adopt aggressive fiscal spending to support growth and strengthen tax income as the economy remains fragile.
• Immediate resistance is located at 155.80(SMA 20), any close above will push the pair towards 157.41(Higher BB).
• Support is seen at 154.58 (38.2%fib) and break below could take the pair towards 154.10 (Lower BB)
Recommendation: Good to buy around 155.70 with stop loss of 154.50 and target price of 156.80


FxWirePro: AUD/USD runs out of steam but maintains bullish outlook
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data
NZDJPY: Sell the Rallies as Bears Guard 90–91 Resistance Zone
FxWirePro- Major Crypto levels and bias summary
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100
FxWirePro: USD/CAD recovers slightly but trend is still bearish
ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout
FxWirePro: NZD/USD dips as stronger U.S. dollar offsets NZ Q3 GDP surprise
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level
FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/NZD steadies ahead of ECB meeting
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/USD recovers slightly from early decline ahead of Bank of England’s interest rate decision
FxWirePro:GBP/NZD recovers ground after early dip, bias bullish 



