Ichimoku Analysis (4 Hour chart)
Tenken-Sen- 112.28
Kijun-Sen- 112.76
As per our analysis, CHFJPY continues to trade weak and lost more than 200 pips. The outbreak of coronavirus has increased demand for Safe-haven assets like yen and gold. Chinese health officials said that the death toll has increased to 132, the number of cases rose to 5974. It hits an Intraday low of 111.96 and is currently trading around 111.97.
USDCHF has shown a minor jump till 0.97447, any violation above 0.9765 will take the pair to next level till 0.9845.
Technically, near-term support is around 111.70 and any indicative break below will drag the pair down till 111.24/110.89 (Jan 5th low).
The immediate resistance is at 112.40, the violation above will take the pair till 112.80/113.40/113.75/114.
It is good to sell on rallies around 112.25-30 with SL around 112.80 for the TP of 110.90.


FxWirePro: EUR/ NZD consolidating around 1.9855, room for further gains
FxWirePro: USD/JPY holds firm despite concerns over possible currency intervention
NFP Shockwave Wipes Out EURUSD Gains as King Dollar Roars Back; Bears Target 1.1525
FxWirePro: GBP/USD hovers near three week low, bearish outlook remains
FxWirePro- Major Pair levels and bias summary
EURJPY Bearish Dent Intact: Sell the Relief Rally Toward 183/182 Support
FxWirePro: GBP/USD falls to two-week low on strong US jobs data
AUDJPY Cracks Below 113: Bearish Breakdown Accelerates Toward 110.50 Target
FxWirePro: USD/CAD bulls continue to hold the higher ground
FxWirePro: EUR/AUD jumps as payrolls surprise fuels upside
AUDJPY Reclaims 114: Bears Growl in the Short Term, But Bulls Hold the Line
FxWirePro: GBP/AUD bulls gain momentum on hot U.S. Jobs data
FxWirePro: AUD/USD holds narrow range, focus on near-term support
FxWirePro: USD/ZAR erases early gains ,looking vulnerable
NZDJPY Bearish Reversal Intact: Triple EMA Stack Signals Sell-on-Rallies Play Toward 90.50
FxWirePro: GBP/NZD edges lower but bias is bullish 



