Major Intraday resistance -0.9320
Intraday support- 0.92150
It is trading in a narrow range between 0.92380 and 0.93072 for the past three days. The US dollar pared some of its gains as investors are optimistic about the US debt ceiling deal. The US dollar index declined after hitting a high of 94.44. Any breach above 94.50 confirms further bullishness. The intraday trend is still bullish as long as support 0.92150 holds. At the time of writing, USDCHF is hovering around 0.92692 down 0.04%.
US ADP private payrolls increased by 568000 in September much above expectations of 475000. Markets eye US initial jobless claims for further direction.
Woodies and CCI analysis-
The Woodies CC and CCI (50) are trading below zero lines (bearish trend). In Woodies CCI only two consecutive bars below zero (6 bars should be below zero line for bearish trend confirmation).
Trend-Neutral
USDCHF is facing strong resistance around 0.9320. Any break above targets 0.9330/0.93685. It should surge past 0.9370 for further bullish continuation. A jump to 0.9400/0.94725 is possible. On the lower side, immediate support is around 0.92350. Any convincing breach below targets 0.92150/0.9180.
Indicator (1-hour chart)
Directional movement index - Neutral
It is good to sell on rallies around 0.9308-10 with SL around 0.9365 for a TP of 0.9180.


NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro: USD/CNY downside pressure builds, key support level In focus
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
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
FxWirePro- Major European Indices
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro:EUR/AUD eases but bullish outlook persists
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro- Major Crypto levels and bias summary
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 



