Major support - 0.9900
USDCHF has shown a quick recovery of nearly 60 pips from low of 0.99053 on account of broad based US dollar buying. US dollar was trading higher on declining US 10 year yield. US 10 year yield declined sharply and hits fresh 14-month low. US 10 year and 3 month inverted for first time since 2007. The pair has formed temporary top around 1.01245 and is currently trading around 0.99585.
On the higher side, 0.9967 (89- day EMA) is acting as near by resistance and any break above will take the pair till 0.9995 (50- day MA)/1.0030/1.0060.
The near term support is around 0.9900 and any break below targets 0.9860/0.9785.
It is good to buy on dips around 0.9920-25 with SL around 0.9890 for TP of 1.000.


FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback
FxWirePro: EUR/AUD retreats slightly but trend is still bullish
FxWirePro: EUR/ NZD loses momentum but outlook is bullish
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
AUDJPY Pullback Intensifies: Resistance at 110.00 Signals Short Opportunity
FxWirePro: GBP/NZD range to extend until there is game changing news
EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies
FxWirePro: NZD/USD cautiously bid as traders sense end to Iran war
FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone
FxWirePro: USD/CNY dips as China’s yuan strengthens on Iran war de escalation hopes
Bitcoin Recovers Amid Easing Geopolitics: Bulls Target USD 80,000 Support Rebound
FxWirePro: AUD/USD gains some ground but remains sensitive to Middle East tensions
Yen Resurgence Drives GBPJPY to 2.5-Week Low: Sellers Aim for 208.00
Ethereum Rises on Geopolitical De-escalation: Pezeshkian’s Peace Signal Ignites Bullish Momentum
FxWirePro- Major European Indices
NZDJPY Technical Outlook: Bearish Bias Deepens as Key Resistances Hold 



