Chart - Courtesy Trading View
Technical Analysis:
GMMA Indicator
- Minor trend has turned bullish, major trend remains bearish
Ichimoku Analysis
- Price action is below the daily cloud
- Chikou span is biased higher, which may support upside
Oscillators
- Stochs show bullish rollover from oversold levels
- RSI is biased higher, but is below the 50 mark
Bollinger Bands
- Bollinger bands are spread wide apart, suggest volatility is high
Major Support Levels: 1.2215 (5-DMA), 1.2196 (200H MA), 1.2092 (Lower week BB)
Major Resistance Levels: 1.2282 (21-EMA), 1.2353 (55-EMA), 1.2403 (110-EMA)
Summary: GBP/CHF trades pivotal at 21-EMA resistance. Watchout for decisive break above for further gains. Next major bull target lies at 55-EMA at 1.2353.


FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro- Major Pair levels and bias summary
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro- Major Pair levels and bias summary 



