Ichimoku analysis (4-Hour chart)
Tenken-Sen- 117.03
Kijun-Sen- 116.75
CHF/JPY has formed a double bottom near 116.10 and shown a minor recovery of more than 100 pips on the strong Swiss franc. It is trading higher against the US dollar; any jump above 0.8920 confirms a bullish continuation. USDJPY is consolidating in a narrow range between 103.33 and 140.39 for the past ten days. Significant trend reversal only if it breaks 104.40. The intraday trend of CHFJPY remains bullish as long as support 116.15-20 holds.
Technical:
The pair's strong resistance is at 117.30, violation above will take to the next level 117.60/118.05/118.60. On the lower side, near term support is around 116.90, and any indicative break below targets 116.60/116/115.84.
Indicator (4-hour chart)
CAM indicator –Bullish
Directional movement index –Neutral
It is good to buy on dips around 116.90 with SL around 116.40 for the TP of 118.60.


FxWirePro: AUD/USD softens as risk appetite abates
BTC Cracks Below $65K: Sell the Rip as Iran Tensions and ETF Bleeding Fuel Bears
FxWirePro- Woodies pivot (Major)
NZDJPY Bulls Reload: Why 93.50 Is the Line in the Sand for a Run to 97
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD climbs as robust U.S. employment figures triggers renewed buying interest.
FxWirePro: EUR/AUD jumps as payrolls surprise fuels upside
FxWirePro: GBP/AUD bulls gain momentum on hot U.S. Jobs data
NFP Shockwave Wipes Out EURUSD Gains as King Dollar Roars Back; Bears Target 1.1525
FxWirePro: EUR/NZD tight ranges prevail as market waits for fresh catalyst
FxWirePro: GBP/USD neutral in the near-term, scope for downward resumption
FxWirePro: USD/CAD extends gains as U.S. dollar gains momentum after strong U.S. NFP data
GBP/JPY Bulls Reload at 214: Triple EMA Support Eyes 216–217 Breakout
FxWirePro USD/CAD steadies around 1.3910,retains bid tone
Aussie-Yen Pulls Back to 114 — But Bulls See a Dip-Buying Run to 117
FxWirePro- Woodies pivot (Major)
GBPJPY Claims 215: Sterling Bulls Forge Ahead with Locked-In Momentum 



