Ichimoku Analysis (4-hour analysis)
Tenken-Sen- 109.72
Kijun-Sen- 110.22
As per our analysis, CHFJPY continues to trade lower and hits a low of 109.36. the decline was mainly due to strong yen due to an increase in demand for safe-haven assets. USDJPY is trading weak and hits 4- week low. The pair lost more than 300 pips this month and is currently trading around 106.51.
Technically, near term resistance is around 109.75, and any indicative break above targets 110.50/111/111.39.
On the flip side, the pair is trading below 109.50 and this confirms minor weakness, a dip till 108.49 likely.
It is good to sell on rallies around 109.75-80 with SL around 110.20 for the TP of 108.50.


Bitcoin Breaks the $70,000 Barrier: Bulls Target the $80,000 Horizon as Geopolitical Relief Ignites Crypto Markets
Aussie Bulls Charge: AUD/JPY Rallies as Geopolitical Clouds Part
FxWirePro:NZD/USD jumps as RBNZ warns of higher OCR potential
FxWirePro: USD/JPY edges up as yen dips after soft household spending data
FxWirePro: GBP/USD stuck in range but maintains bearish bias
FxWirePro: USD/CNY falls to three-year high, scope for further downside
FxWirePro: GBP/NZD reverses course, bias back to downside
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD downtrend extends, eyes 1.8900 evel
Bitcoin's Tug-of-War: Bulls Eye 80,000 USD Despite Turbulent ETF Outflows
FxWirePro: USD/ JPY slips as yen rallies after Mideast ceasefire declaration
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major European Indices
FxWirePro: EUR/AUD falls below 1.6600 level, plunge to test a key fibo grows
EUR/JPY Breaks Out: Euro Surges Past 185.00 Resistance Amid Strong Bullish Momentum
Ethereum Braces for Volatility: Technicals Turn Bearish as Geopolitical Tensions Loom 



