FxWirePro: USD/ZAR shows upside momentum, but bearish outlook remains 
Bitcoin Cracks Below $70K: ETF Bloodbath and Iran Tensions Spark Bearish Breakdown as Bears Eye $67K 
FxWirePro: USD/CAD steadies around 1.3840 ,retains bid one 
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious 
FxWirePro: GBP/AUD regains upwards momentum but unable to hold above 38.2% fib 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/AUD dips towards 1.6200 level, scope for further downside 
Euro-Yen Retreats From 186.20 Peak, but Bulls Reload for a Run at 188 
FxWirePro: NZD/USD dips as Middle East tensions weigh on sentiment 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Woodies pivot (Major) 
GBP/JPY Holds the 215 Line as Yen Momentum Fades; Triple EMA Bulwark Eyes 217 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Woodies pivot (Major) 
AUD/JPY Smashes Multi-Week Resistance at 114.73 After Prolonged Consolidation; Triple EMA Setup Targets 117 
Major Intraday resistance -0.9375
Intraday support- 0.9270
The pair has shown massive buying on board-based US dollar buying. The upbeat economic data and surge in inflation have increased hopes of the Fed to raise rates. US retail sales rose 1.7% in Oct compared to the forecast of 1.4%. The US dollar index hits its highest level since Jul 2020. A jump till 97 is possible. USDCHF hits a high of 0.93298 and is currently trading around 0.93058.
Woodies and CCI analysis-
The CCI (50) and Woodies CCI is trading above zero lines (bullish trend). It confirms the trend is bullish.
Trend- Bullish
USDCHF is facing strong resistance around 0.9370. Any break above targets 0.9400/0.9450 is possible. On the lower side, immediate support is around 0.9270. Any convincing breach below targets 0.9230/0.9180.
Indicator (4-hour chart)
Directional movement index - Bullish
It is good to buy on dips around 0.9270-75 with SL around 0.9240 for a TP of 0.9380.
