Major Intraday resistance -119.20
Intraday support- 118.30
As per our analysis, CHFJPY continues to trade higher for fourth consecutive days on board-based Japanese yen selling. The Swiss franc gained slightly after the Swiss National Bank policy meeting. It has kept its rates unchanged at -0.75% and reiterated its willingness to intervene in the forex markets if necessary. It hits an intraday high of 119.615 and is currently trading around 119.497.
CCI and Woodies CCI analysis-
Both CCI (50) and Woodies CCI is above zero lines in 8 hours (bullish trend)
In Woodies CCI six consecutive bars above zero line confirms trend continuation.
Technically, near-term support is around 119.17 and any indicative break below will drag the pair down till 118.80/ 118.30/118/117.54/117.
The immediate resistance is at 119.60, any convincing break targets 120/121.
It is good to buy on dips around 119.35-40 with SL around 119 for the TP of 121.


FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro: USD/JPY retreats as Japan signals possible FX intervention
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro- Major Pair levels and bias summary
EUR/JPY Surges on Yen Weakness: Bullish Momentum Eyes 186-187 Targets
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
Yen Capitulation Sends GBPJPY to 17-Year Peak – 212.60 Next?
FxWirePro: USD/CNY downside pressure builds, key support level In focus
AUDJPY Bulls Stay in Control: Buy the Dips Above 103.80 Targeting 106
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro- Woodies Pivot(Major)
FxWirePro: AUD/USD edges higher ahead of RBA meeting minutes 



