FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 
FxWirePro- Woodies pivot (Major) 
FxWirePro- Major Pair levels and bias summary 
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases 
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish 
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness 
FxWirePro: GBP/NZD gains some ground but bias is still bearish 
FxWirePro: AUD/USD gains on Iran-US truce hopes, risk rally 
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus 
FxWirePro :USD/JPY eases slightly, remains on bullish path 
Intraday trend – Bearish
Major intraday resistance – 126
The pair is trading weak for fourth consecutive days and lost more than 200 pips on board–based weakness in the Swiss franc. The strength in yen due to renewed safe-haven demand puts pressure on the pair at higher levels. It hits an intraday low of 124.82 and is currently trading around 124.835.
Technical analysis-
CHFJPY is trading below 21 and 55 EMA (125.705 and 125.914) and slightly above 200-MA and EMA in the 4-hour chart.
The near-term resistance is around 125.35, any breach above targets 126/126.30/127.10. The minor support to be watched is 124.60; the violation below will drag the pair down to 124/123.
Indicators (4-hour chart)
Directional movement index – Bearish
CCI (50) – Bearish
Woodies CCI- Bearish
It is good to sell on rallies 125 with SL around 126 for a TP of 123.
