FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Woodies pivot (Major) 
FxWirePro: USD/ZAR edges higher, set to stay on back foot 
FxWirePro: GBP/AUD eases on Geopolitical whipsaw 
FxWirePro: EUR/ NZD uptrend loses steam, remains on bullish path 
FxWirePro: GBP/USD weakens as escalating Middle East tensions weighs on sterling 
FxWirePro- Woodies pivot (Major) 
FxWirePro- Major European Indices 
GBPJPY Coil Tightens: Is a Bullish Break Above 215.60 Imminent? 
ECB Hikes, Euro Dives: EURUSD Bears Reload for a Run to 1.1400 
Dollar Roars Back: USDCHF Buy-the-Dip Setup Eyes 0.8150 as Inflation Shock Kills Rate-Cut Bets 
FxWirePro: EUR/AUD loses upside momentum but outlook is bullish 
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious 
FxWirePro: AUD/ USD strongly bearish despite upside attempts 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
USDCHF continues to trade lower and lost another 150 pips yesterday on broad-based US dollar weakness and geopolitical tension. Fed's policy was the main reason for US dollar weakness. The central bank was dovish and the Dot plot shows that 8 FOMC members out of 18 expect rate cut this year. The escalation of tension in the Middle East after Iran downed down a US drone has increased demand for Safe-haven assets like yen, gold and Swiss franc. The pair hits a 6-month low of 0.97919 and is currently trading around 0.98271.
On the higher side, near term resistance is around 0.9845 and any violation above will take the pair to next level till 0.9900/0.9945. The decline from 1.02350 will come to end only if pair break above 1.01250.
The near term support is around 0.9790 and any convincing break below that level will drag the USDCHF till 0.9755/0.9716.
It is good to buy on dips around 0.9790-95 with SL around 0.9760 for the TP of 0.9845/0.9860.
