FxWirePro:USD/JPY hovers near a four-decade low 
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus 
FxWirePro: USD/ZAR retreats slightly but bias is bullish 
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish 
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25% 
FxWirePro: USD/CAD edges lower but bullish outlook persists 
FxWirePro: GBP/AUD under pressure as pound continues to weaken 
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise 
FxWirePro- Major Pair levels and bias summary 
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks 
FxWirePro: GBP/AUD bears maintain upper hand 
FxWirePro- Woodies pivot (Major) 
Crypto Bias Report: Trend Signals and Top Bullish Picks 
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish 
 data - EconoTimes)
Chart - Courtesy Trading View
USD/JPY was trading 0.53% higher on the day at 132.10 at around 04:45 GMT, bias remains bullish.
The pair has held 21-EMA support and failure to close below has raised scope for upside resumption.
Risk aversion amid fears of US-China tussle, hawkish Fed and cautious mood ahead of key data support the US Dollar.
On the other side, the Japanese Yen stays depressed after possible BoJ Governor Kazuo Ueda voiced his support for the current dovish monetary policy.
Ueda on Friday stated that the current monetary policy is appropriate and added that the central bank needs to continue the easy policy.
U.S. data on consumer prices and retail sales this week will determine near-term direction. Headline and core consumer prices are expected to rise 0.4% for the month, while sales is likely to rebound by 1.6%.
Major Support Levels:
S1: 131.49 (5-DMA)
S2: 130.93 (21-EMA)
Major Resistance Levels:
R1: 132.98 (55-EMA)
R2: 134.93 (110-EMA)
Summary: USD/JPY trades with a bullish bias. Weakness only on break below 21-EMA. Scope for test of 55-EMA and cloud top at 133 level.
