Ichimoku Analysis:
Ichimoku Analysis (Hourly chart)
Tenken-Sen- 110.45
Kijun-Sen- 110.37
CHFJPY has shown a minor decline till 110.18 after forming the top at 110.56. It is trading higher for the 4th consecutive day and jumped more than 100 pips. The jump was mainly due to strong Swiss franc on a slight increase in demand for Safe-haven assets. The pair hits a high of 110.56 and is currently trading around 110.37.
USDCHF is on the downside for the past 4 days and has lost more than 100 pips. The overall trend is still weak as long as resistance 1.0030.
On the higher side, the pair is facing strong endurance around 110.60 and any indicative break beyond will take the pair to next level 111/111.60/112.
The near term support is around 110 ( 200 - H MA), any break beneath will drag the pair down till 109.50/109.
It is good to buy on dips around 110.35-40 with SL around 110 for the TP of 112.


FxWirePro- Major Pair levels and bias summary
AUDJPY Cracks Below 113: Bearish Breakdown Accelerates Toward 110.50 Target
FxWirePro: EUR/ NZD consolidating around 1.9855, room for further gains
FxWirePro: GBP/NZD climbs as robust U.S. employment figures triggers renewed buying interest.
FxWirePro: USD/CAD extends gains as U.S. dollar gains momentum after strong U.S. NFP data
EURJPY Bearish Dent Intact: Sell the Relief Rally Toward 183/182 Support
FxWirePro: GBP/USD hovers near three week low, bearish outlook remains
FxWirePro: USD/CAD bulls continue to hold the higher ground
FxWirePro: GBP/AUD eases slightly but trend is still bullish
NZD/JPY Bear Trap: Triple EMA Ceiling Blocks Relief Rally, Sellers Eye 90.50
FxWirePro: AUD/USD firms slightly, but downward resumption looks likely
Sterling's Shine Fades: GBPJPY Sell-on-Rally Setup Targets 210.40 Breakdown
FxWirePro: USD/JPY holds firm despite concerns over possible currency intervention
NZDJPY Bearish Reversal Intact: Triple EMA Stack Signals Sell-on-Rallies Play Toward 90.50
FxWirePro: NZD/USD gains slightly but bearish outlook remains
FxWirePro: GBP/NZD edges lower but bias is bullish
FxWirePro USD/JPY consolidates above 160.00 level despite fresh currency intervention threats 



