Ichimoku analysis (4-Hour chart)
Tenken-Sen- 0.91941
Kijun-Sen- 0.91953
June month high– 0.92750
The pair has declined sharply after a minor pullback above the 0.9230 level. The dismal US consumer confidence has dragged the US dollar down. The University of Michigan consumer sentiment declined sharply to 70.20 for Aug, the lowest level since 2011. The US 10-year yield lost more than 5% after the data. At the time of writing, USDCHF is hovering around 0.91440 down 0.08%.
Trend- Bearish
The near-term support is around 0.9115, any breach below targets 0.9070/0.9050. Bearish trend continuation only if it breaks 0.8925. On the higher side, immediate resistance is around 0.9185. Any convincing breach above will take to the next level 0.9240/0.92750.
.
Indicator (4-Hour chart)
CAM indicator –Bearish
Directional movement index –Neutral
It is good to sell on rallies around 0.9158-60 with SL around 0.9200 for a TP of 0.9070.


FxWirePro- Major Pair levels and bias summary
Aussie-Yen Pulls Back to 114 — But Bulls See a Dip-Buying Run to 117
FxWirePro: NZD/USD hovers near one-week low, outlook bearish
FxWirePro: AUD/USD edges lower as risk appetite sours on Geopolitical woe
FxWirePro: GBP/USD falls to two-day low, scope for further downside
GBP/JPY Bulls Reload at 214: Triple EMA Support Eyes 216–217 Breakout
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
GBPJPY Takes a Breather at 215 After Three-Week Rampage; Bulls Reload for 216–217
Euro-Yen Retreats From 186.20 Peak, but Bulls Reload for a Run at 188
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CAD steadies around 1.3840 ,retains bid one
FxWirePro: EUR/ NZD stuck in range but outlook is bearish
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY nears 160 as intervention risk intensifies
FxWirePro: EUR/AUD dips towards 1.6200 level, scope for further downside 



