Friday, October 16, 2026

Technicals

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FxWirePro- Currency Strength Index (4- Hour chart)- Currency pairs to watch (GBPJPY and USDCHF) for the day)

Pair Value Recommendation GBPJPY 275.87 Buy USDCHF -402.25 Strong Sell GBPJPY Major resistance- 170.65 Near-term support- 169.30 Trend reversal level- 172.40 USDCHF Major resistance- 0.8965 Near-term support- 0.8890 Tren…

By FxWirePro Team
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EconoTimes — Reading the Times. Understanding the Future.

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Pair Value Recommendation
GBPJPY 275.87 Buy
USDCHF -402.25 Strong Sell

GBPJPY

Major resistance- 170.65

Near-term support- 169.30

Trend reversal level- 172.40

USDCHF

Major resistance- 0.8965

Near-term support- 0.8890

Trend reversal level- 0.9000

Above (-150): Sell 

Above (-300): Strong Sell 

Above 150: Buy

Above 300: Strong Buy

 

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By FxWirePro Team