Ichimoku Analysis (Hourly chart)
Tenken-Sen- 111.32
Kijun-Sen- 111.69
CHFJPY has halted its 12- week of the bullish trend and declined more than 150 pips from 112.55 to 110.93. The decline was mainly due to the escalation of US-Iran tension which has increased demand for haven assets like yen, gold.
USDCHF is showing a minor recovery of more than 90 pips from a low of 0.96472. The minor trend reversal can happen only beyond 0.97750.
On the higher side, the pair is facing strong resistance at 111.32 and any break important targets 111.80/112.
The near term support is around 110.65 and any break beneath will drag the pair underneath till 110/109.53.
It is good to sell on rallies around 111.35-40 with SL around 111.85 for the TP of 110.


FxWirePro: NZD/USD cautiously bid as traders sense end to Iran war
FxWirePro: USD/CNY dips as China’s yuan strengthens on Iran war de escalation hopes
FxWirePro: USD/CNY gains some ground but bearish outlook persists
FxWirePro- Major European Indices
FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level
FxWirePro: GBP/USD recovers but bears are not done yet again
NZDJPY Technical Outlook: Bearish Bias Deepens as Key Resistances Hold
FxWirePro: EUR/ NZD loses momentum but outlook is bullish
Ethereum Rises on Geopolitical De-escalation: Pezeshkian’s Peace Signal Ignites Bullish Momentum
AUDJPY Pullback Intensifies: Resistance at 110.00 Signals Short Opportunity
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
FxWirePro: EUR/AUD retreats slightly but trend is still bullish
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro: AUD/USD downside pressure builds, key support level in focus
FxWirePro: AUD/USD gains some ground but remains sensitive to Middle East tensions
FxWirePro- Major Pair levels and bias summary 



