Ichimoku analysis (Hourly chart)
Tenken-Sen- 108.95
Kijun-Sen- 108.73
CHFJPY has halted its nearly 1-month of weakness and shown a minor jump of nearly 150 pips. The pair was trading lower and lost more than 400 pips from high of 111.97 made on Apr 12th 2019. the decline was due to increasing safe haven demand like yen. It hits low of 107.61 and is currently trading around 108.90.
The near term resistance is around 109.30 and any break above will take the pair to next level till 110/110.34.
On the lower side, near term support is around 108.50 and any violation below will drag the pair to next level till 108/107.60. Any major weakness only below 107.60.
It is good to buy on dips around 108.75-80 with SL around 108.50 for the TP of 110/110.30.


Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro- Major Pair levels and bias summary
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
FxWirePro: AUD/USD gains some ground but outlook is bearish
FxWirePro: GBP/USD rises as soft US data pressures dollar
FxWirePro: GBP/AUD drifts lower after BOE rate decision
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains 



