Ichimoku analysis (60 min chart)
Tenken-Sen- 114.55
Kijun-Sen- 114.52
CHFJPY is trading in a narrow range for the past three days. Any significant move can be seen only above 115. The surging Swiss franc against the US dollar is supporting the pair at lower levels. USDCHF hits three weeks low on broad-based US dollar selling. But the upside is limited due to strength in the yen. USDJPY is trading extremely weak, dip till 102 possible. The intraday trend of CHFJPY is neutral as long as resistance 115 holds.
Technical:
In the 60 min chart, CHFJPY is holding above 200 MA. Any violation above 115 confirms minor trend reversal, a jump till 116/116.60 likely. On the lower side, near term intraday support is around 114.50, and any indicative break of that level target 114.30/114/113.75.
Indicator (60 min chart)
CAM indicator –Slightly bullish
Directional movement index - neutral
It is good to buy above 115 with SL around 114.50 for the TP of 116


FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger
JPY Pairs Action Bias: EURJPY Leads as Bullish Standout Amid Mixed Momentum
FxWirePro: USD/ZAR firms ahead of Fed interest rate decision
FxWirePro: AUD/USD dips below lower range, bearish bias increases
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup
JPY Action Bias: EURJPY and CADJPY Emerge as Extremely Bullish Pairs to Watch
FxWirePro: USD/ CNY hits one-month low,scope for futher downside
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook 



