{video}USDJPY has been facing difficulties in surpassing the 148.30 region for almost two weeks, but the 147.45 region, which coincides with the 61.8% Fibonacci retracement of the November-December downleg, kept bearish forces in control, sustaining January's almost 5% rally. The momentum indicators have shifted southwards, pointing to more losses ahead as investors are hoping to get more details about the timing of rate cuts when the Fed announces its policy decision today at 19:00 GMT. On the other hand, the trend signals are more encouraging. The 20-day simple moving average (SMA) crossed above the 50- and 200-day ... (full story)