• USD/JPY ticked upon on Wednesday as traders braced for crucial inflation reports this week that could help define the size and scope of interest rate cuts from the Federal Reserve for next week and beyond..
• Last week’s weak jobs data locked in expectations of Fed easing at the September 16–17 meeting, leaving investors debating a 25 or 50 basis-point cut.
• The impact of tariffs on prices will be tested this week with US PPI out Wednesday and due on US CPI Thursday.
• Traders are fully pricing in a 25 bps cut next week and have ascribed a 5% chance to a 50 bps reduction. They anticipate 66 bps of easing this year.
• Meanwhile, global political developments are in view, with Japan set to replace Ishiba as prime minister and France facing fiscal challenges alongside its fifth leader in two years.
• Immediate resistance is located at 147.67(50%fib), any close above will push the pair towards 148.50(Higher BB).
• Support is seen at 146.61(Lower BB) and break below could take the pair towards 146.30 (61.8%fib).
Recommendation: Good to buy around 147.40 with stop loss of 146.60 and target price of 148.10


FxWirePro: EUR/CAD tumbles as strong Canadian jobs data fuels BoC rate-hike bets
Dollar Crumbles on Dovish Fed Bets – USD/CHF Eyes 0.7865 Next
GBPJPY Eyes 208: Pound Pulls Back, Bulls Guard 206
FxWirePro- Woodies Pivot(Major)
FxWirePro: AUD/USD consolidates gains ,remains on positive footing
AUDJPY Rangebound: Bulls Hold 102, Watch for Breakout Above 102.85
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro: USD/JPY dips below lower range, bearish bias increases
CAD/JPY Rockets on Blowout Canadian Jobs Surprise – Bulls Target 113-115 as BoC Cut Odds Collapse
FxWirePro: EUR/AUD force is with bears as pair hits low since June 11th
Ethereum Holds Firm Above $3,100 Despite Dip – Fresh Breakout to $3,600+ Looming as Bulls Defend Key Support
NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70
FxWirePro: GBP/AUD downtrend extends ,eyes 23.6%fib support
FxWirePro: GBP/NZD edges higher but bearish outlook persists
FxWirePro- Major European Indices
FxWirePro- Major Pair levels and bias summary
EURJPY Carves Triple Bottom at 180.20 – Bulls Ready to Storm 182-183 as Breakout Momentum Builds 



