Ichimoku analysis (4-hour chart)
Tenken-Sen- 0.90573
Kijun-Sen- 0.9128
This week High– 0.92326
The pair continues to trade lower for the past five trading days on board-based US dollar selling. The US PCE index came at 3.5% year-over-year in June compared to a forecast of 3.6, the biggest moves since 1991. The Chicago PMI rose to 73.4 in July from 66.1 in June. Markets eye US ISM manufacturing index for further direction.USDCHF hits an intraday high of 0.90658 and currently trading around 0.90506.
.
Trend- Bearish
The near-term support is around 0.90390, any breach below confirms further weakness. A dip till 0.9000/0.8925. On the higher side, immediate resistance is around 0.9075. Any convincing breach above targets 0.91150 (support turned into resistance)/ 0.9128/0.9150/0.9185.
.
Indicator (4 Hour chart)
CAM indicator – Bullish
Directional movement index –Bearish
It is good to sell on rallies around 0.9075 with SL around 0.9120 for a TP of 0.8925.


FxWirePro: EUR/ AUD gains some ground , but remains on bearish path
JPY Action Bias: USDJPY Emerges as the Clear Bullish Pair to Watch Amid Mixed Crosses
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
FxWirePro: NZD/USD edges lower, remains on back foot
FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
FxWirePro: GBP/USD edges higher as traders await BoE guidance and UK fiscal clarity
FxWirePro: GBP/NZD gains some ground but bias is still bearish
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish 



