Ichimoku analysis (1 Hour chart)
Tenken-Sen- 117.64
Kijun-Sen- 117.47
CHF/JPY is trading higher after taking support near 200- day MA. The minor bullishness in the Swiss franc is supporting the pair at lower levels. USDCHF has formed a temporary top around 0.94725 and lost more than 100 pips on a slight sell-off in US bond yield. Any weakness only if it breaks 0.9350. The bearish momentum is continuing in yen and the pair took support near 200-H MA at 109.99. The intraday trend of CHFJPY remains slightly bullish as long as support 117.20 holds.
Technical:
The pair's strong support is at 117.20, any break below confirms minor weakness, and a dip till 116.90/116.40/115.90-116/115.23 likely. On the higher side, near-term resistance is around 117.80 (trend line resistance), and any indicative break above targets 118.25/118.80.
Indicator (1-Hour chart)
CAM indicator – Bullish
Directional movement index – Bullish
It is good to buy on dips around 117.45-50 with SL around 117 for a TP of 118.85.


FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD dips below lower range, bearish bias increases
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar
FxWirePro: USD/CNY hits 15-month low , scope for further downside
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro: EUR/AUD slips following RBA minutes , plunge to test a key fibo grows
FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes
NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/CAD slips as firm oil price lift loonie despite soft GDP data 



