USD/CHF has shown a massive sell-off after forming temporary top around 1.01285. The pair lost more than 150 pips. The Swiss franc has gained strength against all majors after renewed trade war between US and China. The trade summit happened in Papua New Guinea has failed to reach agreement between US and China and widened the rift between them. The pair hits low of 0.99690 and is currently trading around 0.99707.
On the higher side, near term resistance is around 1.000 and any break above targets 1.00280 (20- day MA)/1.00680.
The near term major support is around 0.9950 and any break below targets 0.9935 (55 day EMA)/0.9903/0.9850.
It is good to sell on rallies around 1.000 with SL around 1.0028 for the TP of 0.9905.


FxWirePro: USD/CNY downtrend loses steam, remains on bearish path
FxWirePro: AUD/USD cedes early gains ,outlook bearish
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
EUR/JPY Under Pressure: Broad Yen Buying Keeps Bears in Control Below 183.00
FxWirePro: USD/ZAR gains as weak SA Manufacturing data hits rand
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
FxWirePro- Major Crypto levels and bias summary
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
NZDJPY Bears Stay in Command: Sell Rallies at 92.72-75 Targeting 90 as All EMAs Flash Red
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
AUDJPY Bears Tighten Grip: Sell Rallies at 110.65-67 Targeting 107.75 as All EMAs Stay Red
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist 



