Ichimoku Analysis (Daily Outlook)
Tenken-Sen- 0.96749
Kijun-Sen- 0.95420
USDCHF continues to trade higher for 6th consecutive days and jumped more than 250 pips. The jump was mainly due to broad-based US dollar buying. DXY recovered nearly 250 pips from a low of 98.27 despite weak US jobs data. US economy has lost 701000 jobs in Mar compared to the forecast of 100000, while the unemployment rate jumped to 4.4% vs 3.8%. It hits a high of 100.85 and is currently trading around 100.69.
Technically, immediate support is at 0.9740 and any indicative break targets 0.9690/0.9660. On the higher side, immediate resistance is around 0.9800 and the violation above will take the pair till 0.9845. Major trend reversal only if it breaks 0.9845.
It is good to buy on dips around 0.9748-50 with SL around 0.9700 for the TP of 0.9840.


FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
FxWirePro: GBP/USD outlook weaker on renewed downside pressure
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm
FxWirePro: GBP/USD recovers but bears are not done yet again
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro: AUD/USD downside pressure builds, key support level in focus
FxWirePro: EUR/AUD eases slightly but trend is still bullish
FxWirePro: GBP/NZD range to extend until there is game changing news
FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback
EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies
FxWirePro: GBP/NZD remains buoyant, looks to extend gains
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns 



