The pair gained more than 100 pips from yesterday's low of 0.9470 on board-based US dollar buying. US dollar index surged sharply after hawkish comments from Chicago fed and San Francisco president Evans and Mary Daly respectively. According to the CME Fed watch tool, the probability of a 75 bpbs rate hike in Sep rose to 40.50% from 29% a day ago.
USDCHF hits a high of 0.95982 at the time of writing and is currently trading around 0.95926.
Bullish scenario-
The primary level to Watch – is 0.9600. Any convincing surge above confirms intraday bullishness. A jump to 0.9660/0.9720 is possible.
Bearish scenario-
Intraday support – 0.9470. Break below that level will take the pair to 0.9400/0.9360.
Indicators (1-Hour chart)
Directional movement index – Bullish
CCI (50) - Bullish
It is good to buy on dips around 0.9580-825 with SL around 0.9540 for a TP of 0.9660.


FxWirePro: EUR/AUD holds narrow range, focus on near-term Support
FxWirePro: USD/CAD bulls continue to hold the higher ground
FxWirePro: USD/JPY upside capped as intervention risk limit upside
FxWirePro: GBP/AUD recovers some ground, geopolitics holds center stage
FxWirePro- Woodies pivot (Major)
FxWirePro: AUD/USD eases amid uncertainty over the U.S.–Iran standoff
FxWirePro: USD/JPY remains in familiar place on intervention threat
FxWirePro: NZD/USD eases as Middle East tensions weigh on sentiment
NZD/JPY Springs Off 38.2% Fib Support: Triple EMA “Buy the Dip” Setup Eyes 96.15–97
FxWirePro: GBP/NZD extends decline , vulnerable to more downside
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro- Major Pair levels and bias summary
Pound Power Drives GBPJPY Past 214.50 — Buy-the-Dip Setup Targets 217
AUD/JPY Smashes Multi-Week Resistance at 114.73 After Prolonged Consolidation; Triple EMA Setup Targets 117
FxWirePro: USD/ZAR recovers some ground but outlook is bearish
FxWirePro: AUD/USD steadies around 0.7185, US-Iran news remains key 



