• USD/JPY dipped on Thursday as the dollar weakened ahead key U.S. data and Fed Chair Powell’s speech.
• Focus is on several key upcoming economic reports scheduled for Thursday, including the U.S. Producer Price Index (PPI), Jobless Claims, and Retail Sales data.
• Market participants will closely analyze these new data points for signs of whether the Fed will maintain its current interest rate stance, pause, or potentially adjust policy in the near term.
• Fed Chair Powell’s Thursday speech will highlight the Fed’s review of its policy framework on employment, inflation, and interest rates.
• Immediate resistance is located at 147.14 (38.2%fib), any close above will push the pair towards 148.58(23.6%fib).
• Support is seen at 145.80(50%fib) and break below could take the pair towards 144.44(61.8%fib).
Recommendation: Be on sideliness


FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data
FxWirePro- Woodies Pivot(Major)
FxWirePro- Woodies Pivot(Major)
ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook
FxWirePro-Major European Indices
BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout
EUR/JPY Bearish Outlook Persists: Ifo Weakness Caps Upside, Sell Rallies Targeting 180 Below 183 Resistance
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path
FxWirePro: NZD/USD downside pressure builds, key support level in focus
UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206
FxWirePro: EUR/NZD edges lower but bullish outlook persists
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations 



