FxWirePro: USD/ZAR down trend loses steam, remains on bearish path 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes 
FxWirePro: USD/CNY hits 15-month low , scope for further downside 
CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target 
FxWirePro: AUD/USD gaining momentum for a move towards 0.6800 level 
FxWirePro: USD/CAD outlook weaker on renewed downside pressure 
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar 
NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists 
FxWirePro: EUR/CAD extends fall, vulnerable to more downside 
FxWirePro: EUR/AUD attracts selling interest, vulnerable to more downside 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure 
Chart Pattern- Big W
Ichimoku analysis (Daily chart)
Tenken-Sen- 117.24
Kijun-Sen- 117.10
CHF/JPY has formed double bottom around 113.74 and shown a massive recovery on broad-based yen weakness. The upbeat market Sentiment due to coronavirus vaccine progress and hopes for more U.S stimulus has decreased demand for safe-haven. USDJPY is holding well above 105, any violation above 105.78 confirms bullish continuation. The intraday trend of CHFJPY remains bullish as long as support 117.30 holds.
Technical:
The pair's strong resistance is at 118, violation above will take to the next level 118.60/119. On the lower side, near term support is around 117.30, and any indicative break below targets 116.92/116.60/116.
Indicator (Daily chart)
CAM indicator – Bullish
Directional movement index – Bullish
It is good to buy on dips around 117.80 with SL around 117.30 for the TP of 119.
