FxWirePro- Woodies pivot (Major) 
NZDJPY Bullish Surge: Strong Kiwi Ignites Fresh Upside as 94 Support Holds and All EMAs Align 
FxWirePro- Woodies pivot (Major) 
AUDJPY Bullish Surge: Strong Australian Dollar Fuels Fresh Upside as Pair Holds Above 113.50 and All EMAs Align 
ETH Stands Alone Bullish; BTC, SOL, XRP, BNB Neutral 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/JPY holds steady near 162 as traders await fresh catalysts 
Gold Loses Steam After Strong U.S. Retail Sales 
FxWirePro- Major Crypto levels and bias summary 
Major Pair Action Bias: Extremely Bullish Surge Powers GBPUSD & NZDUSD as Bullish Momentum Ignites 
JPY Action Bias: CADJPY Turns Extremely Bullish While Other Pairs Hold Positive Ground 
CAD/JPY Surges on Broad-Based Canadian Dollar Buying 
GBPJPY Pulls Back on Profit Booking but Bullish Setup Holds: Buy Dips Toward 223 
Major Pair Action Bias: NZDUSD Turns Bullish While Other Majors Stay Neutral 
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption 
|
Metric |
May-25 |
April 2025 (revised) |
Consensus (May) |
|
PPI Final Demand (MoM) |
0.10% |
-0.20% |
0.20% |
|
PPI Final Demand (YoY) |
2.60% |
2.50% |
— |
|
Core PPI (less foods, energy, trade) |
0.10% |
-0.10% |
— |
|
Core PPI (less foods, energy, trade, YoY) |
2.70% |
— |
— |
USDCHF trades weak after weak US PPI data. It hits an intraday low of 0.8101 and is currently trading around 0.81345. Intraday bias appears to be bearish as long as the resistance 0.8180 holds.
Technical Analysis Points to Further Upside
The pair is trading below the 55-EMA, below 200 EMA and 365 EMA on the 4-hour chart indicates a mixed trend. The immediate resistance is at 0.8150 any break above targets 0.8180/0.8200/0.8250.
Support Levels and Potential Declines
On the downside, near-term support is around 0.8090, any violation below will drag the pair to 0.8000.
Indicators (4-Hour)
CCI (50) - Bearish
Directional movement Index - Bearish
Trading Strategy Recommendation
It is good to sell on rallies around 0.8178-80 with a stop-loss at 0.8220 for a TP of 0.8000.
