Ichimoku analysis (Hourly chart)
Tenken-Sen- 0.90686
Kijun-Sen- 0.90141
USDCHF is trading slightly lower after hitting a high of 0.90947. The board-based US dollar selling due to upbeat market sentiment. The US dollar index holds below 90 levels despite the surging bond yield. US Q4 GDP surged to 4.1% compared to a forecast of 4.2%. The number of people who have filed for unemployment benefits declined to 730k in the week ended Feb 20th vs an estimate of 828k.
The near-term resistance at 0.9090; any convincing violation above will take to the next level till 0.9140/0.9170/0.9200. Significant trend reversal only above 0.90450.
On the lower side, significant support stands at 0.9025, any indicative break below targets 0..9000/0.89770/0.8930.
Indicator (1-hour chart)
CAM indicator – Neutral
Directional movement index – Bullish
It is good to sell on rallies around 0.9058-60 with SL around 0.9090 for a TP of 0.8978.


FxWirePro: EUR/ NZD bulls gain momentum,eyes level 2.0000
FxWirePro: EUR/AUD jumps as payrolls surprise fuels upside
FxWirePro: GBP/USD falls to two-week low on strong US jobs data
FxWirePro: USD/JPY on nervous hold around 160.00
FxWirePro: AUD/USD softens as risk appetite abates
AUDJPY Reclaims 114: Bears Growl in the Short Term, But Bulls Hold the Line
BTC Cracks Below $65K: Sell the Rip as Iran Tensions and ETF Bleeding Fuel Bears
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: GBP/NZD stuck in narrow range , outlook bearish
EUR/USD Under Siege: Bearish EMA Stack Eyes 1.1525 as Iran Ceasefire Talks Crumble
FxWirePro: EUR/AUD holds narrow range, focus on near-term support
FxWirePro: USD/CAD extends gains as U.S. dollar gains momentum after strong U.S. NFP data
NZDJPY Bulls Reload: Why 93.50 Is the Line in the Sand for a Run to 97
GBPJPY Claims 215: Sterling Bulls Forge Ahead with Locked-In Momentum 



