USDCHF consolidating in narrow range between 0.9850 to 0.99605 for past 6 trading days. The Swiss franc is holding higher against all majors due to ongoing Middle East tension. The two tankers got exploded near Strait of Hormuz and US Secretary of State Mike Pompeo said that “Iran is responsible for the attack”. the escalation of geopolitical tension has increased demand for safe haven assets. The pair hits low of 0.99180 and is currently trading around 0.99405.
The SNB has kept its rates unchanged at -0.75% and introduced new benchmark SNB policy rate from 3-month LIBOR. The central bank stated clearly that it will keep rates exceptionally low and will intervene in the currency market if Swiss franc strengthens.
The major trend reversal can happen only above 0.9960 and any violation above targets 1.000/1.0025.
It is good to buy above 0.9960 with SL around 0.9920 for the TP of 1.0050.


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- Major Pair levels and bias summary
FxWirePro- Major European Indices
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance
FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone
FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains
FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback
Bitcoin Battles Volatility: Institutional Support Eyes USD 64,000 Floor Amid Geopolitical Tensions
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/NZD remains buoyant, looks to extend gains 



