FxWirePro- Major Pair levels and bias summary 
FxWirePro- Woodies Pivot(Major) 
FxWirePro- Major European Indices 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
FxWirePro: GBP/AUD moves lower on weak UK data 
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
Intraday trend – Bullish
Major intraday resistance – 126
The pair has formed a double bottom around 123.50 and shown a nice pullback. The jump was mainly due to board-based Swiss franc buying. The minor strength in yen is preventing the pair from further upside. The yen was one of the worst performers the previous month on the hawkish US-fed monetary policy. CHFJPY hits an intraday high of 124.55 and is currently trading around 124.46.
Technical analysis-
CHFJPY is trading above 21 and 55 4H EMA (124.28 and 124.03) and hovering around 200-4H EMA (124.486).
The near-term resistance is around 124.55, any breach above targets 125/125.70//126.30/127.10. The minor support to be watched is 124.60; the violation below will drag the pair down to 124/123.
Indicators (4-hour chart)
Directional movement index – Neutral
CCI (50) – Bearish
Woodies CCI- Bearish
It is good to buy on dips around 124.25-30 with SL around 123.70 for a TP of 126.
