FxWirePro- Woodies Pivot(Major) 
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
FxWirePro- Major European Indices 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
Major Intraday resistance - 132.60
Intraday support- 130
CHFJPY continues to trade weak for a third consecutive week and lost more than 500 pips. The weakness in the Swiss franc across all majors especially the US dollar due to board-based US dollar buying. The policy divergence between US Fed and SNB puts pressure on the Swiss franc. CHFJPY hits an intraday low of 131.02 and is currently trading around 131.03.
CCI and Directional movement index analysis-
Both CCI (50) and ADX show a downtrend in the 4-hour chart. It confirms bearish trend continuation.
Technically, near-term support is around 130 and any indicative break below will drag the pair down to 128.70/126.84/126. The immediate resistance is at 132.20, and any convincing break targets 133.15/134.
It is good to sell on rallies around 131.50-55 with SL around 133 for the TP of 126.
