Ichimoku Analysis (4-hour chart)
Tenken-Sen- 113.73
Kijun-Sen- 113.54
CHFJPY recovered more than 150 pips from a low of 112.05 on strong Swiss Franc. USDCHF continues to trade lower for the past three days and any violation below 0.9370 will drag the pair down till 0.9300. The increase in risk due to the second wave of corona will raise the demand for safe-haven assets.
The pair is facing minor support at 113.30 (55 4H EMA). Any indicative break below will take the pair to 112.60/112.
The next significant resistance to be watched is 113.75, violation above that level targets 114/114.29/115. Extreme bullish trend continuation only above 114.25.
It is good to buy on dips around 113.15-20 with SL around 112.60 for the TP of 1.


FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: USD/ZAR recovers slightly but trend is still bearish
FxWirePro: USD/JPY holding bid into weekend
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
FxWirePro: USD/CAD recovers slightly but bearish outlook persists
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout
FxWirePro: AUD/USD retreats slightly but trend is still bullish
FxWirePro: EUR/AUD under pressure as key support gives way
FxWirePro: GBP/USD biased higher but rally currently stretched
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off
FxWirePro: USD/ZAR edges lower ,investors remain on edge 



