Ichimoku analysis (4 Hour chart)
Tenken-Sen- 117.114
Kijun-Sen- 116.96
CHF/JPY recovered from a minor bottom at 116.58 on the strong Swiss franc. USDCHF continues to trade weak for the past four days and has broken significant support 0.8925. The intraday trend of CHFJPY remains neutral as long as resistance 117.35 holds.
The JPY is trading higher against the USD on an increase in safe-haven demand. USDJPY has lost more than 100 pips, significant trend reversal only above 105.78.
Technical:
The pair's strong resistance is at 117.35, violation above will take to the next level 118/118.60. On the lower side, near term support is around 116.60, and any indicative break below targets 116/115.84.
Indicator (4-hour chart)
CAM indicator – Bullish
Directional movement index – neutral
It is good to buy above 117.35 with SL around 117 for the TP of 118.


FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
FxWirePro:EUR/NZD gains some upside momentum but still bearish
FxWirePro : GBP/NZD strongly bearish despite upside attempts
Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed
FxWirePro: AUD/USD falls after softer-than-expected Australian Q2 CPI
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD slips after Fed holds rates steady
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level
FxWirePro- Woodies pivot (Major)
NZD/JPY Flatlines Near 94.60: Will Key Support Reignite the Uptrend?
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level
FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger 



