Ichimoku Analysis (4-Hour chart)
Tenken-Sen- 0.94826
Kijun-Sen- 0.94265
USDCHF showed a massive recovery of more than 350 pips after a sell-off of 650 pips. The decline due to the outbreak of coronavirus has increased demand for a safe-haven asset like yen, gold. The pair hits high of 0.95694 and is currently trading around 0.94468.
Technically, immediate resistance is at 0.9500 and any violation above targets 0.9570. Minor trend reversal only above 0.9570.
On the flip side, near term support is at 0.9380 and indicative break below will drag the pair down till 0.9320/0.9280.
It is good to sell on rallies around 0.9508-10 with SL around 0.9565 for the TP of 0.9300.


FxWirePro: AUD/USD holds narrow range, focus on near-term support
FxWirePro- Woodies pivot (Major)
AUDJPY Cracks Below 113: Bearish Breakdown Accelerates Toward 110.50 Target
NZDJPY Bearish Reversal Intact: Triple EMA Stack Signals Sell-on-Rallies Play Toward 90.50
AUDJPY Reclaims 114: Bears Growl in the Short Term, But Bulls Hold the Line
FxWirePro: GBP/USD neutral in the near-term, scope for downward resumption
FxWirePro: EUR/ NZD bulls gain momentum,eyes level 2.0000
FxWirePro: USD/JPY on nervous hold around 160.00
FxWirePro: AUD/USD softens as risk appetite abates
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: GBP/USD falls to two-week low on strong US jobs data
NZDJPY Bulls Reload: Why 93.50 Is the Line in the Sand for a Run to 97
FxWirePro: GBP/AUD bulls gain momentum on hot U.S. Jobs data
NFP Shockwave Wipes Out EURUSD Gains as King Dollar Roars Back; Bears Target 1.1525
Sterling's Shine Fades: GBPJPY Sell-on-Rally Setup Targets 210.40 Breakdown
FxWirePro: EUR/NZD tight ranges prevail as market waits for fresh catalyst 



