Ichimoku analysis (Hourly chart)
Tenken-Sen- 0.93362
Kijun-Sen- 0.93402
USDCHF has halted its 3 weeks of the bullish trend and lost more than 70 pips on profit booking. The overall trend is on the higher side as long as support 0.9260 holds. The US bond yield is declining after forming a temporary top of around 1.62%. US dollar index is facing strong support at 91.90 (trend line joining 90.63 and 91.02). Any violation below 91.90 targets 91.60. The pair hits an intraday high of 0.93287 and is currently trading around 0.93265.
The pair is facing significant resistance at 0.9380, this confirms minor bullishness. A jump till 0.9420/0.9460 likely. On the lower side, significant support stands at 0.9300, any indicative break below targets 0.9260/0.9220/0.91440.
Indicator (Hourly chart)
CAM indicator – bearish
Directional movement index – bearish
It is good to buy on dips around 0.9300 with SL around 0.9260 for a TP of 0.9400.


FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro: USD/CAD dips below lower range, bearish bias increases
FxWirePro- Woodies Pivot(Major)
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas
FxWirePro: EUR/CAD slips as firm oil price lift loonie despite soft GDP data
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106
NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists
FxWirePro: AUD/USD gaining momentum for a move towards 0.6800 level
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/CAD extends fall, vulnerable to more downside
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance
FxWirePro: USD/CAD outlook weaker on renewed downside pressure 



