FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
FxWirePro- Woodies Pivot(Major) 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
FxWirePro- Major Crypto levels and bias summary 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
FxWirePro: GBP/USD dips lower on negative UK retail sales data 
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
FxWirePro- Woodies Pivot(Major) 
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: USD/CNY neutral in the near-term, scope for downward resumption 
Major resistance- 0.9520
The pair trades higher for a third consecutive week and hits the highest level since Mar 2021. Hawkish comments from Fed officials have increased the chance of an aggressive rate hike by the fed. According to the CME Fed watch tool, the probability of a 50 bpbs rate hike in May increased to 93.2 % from 86% one week ago. USDCHF hits an intraday high of 0.95362 and is currently trading around 0.95009.
Bullish scenario-
The primary level to Watch – is 0.9520 (200-W MA). Any weekly close above confirms major bullishness. A jump to 0.9560/0.9600 is possible.
Bearish scenario-
Intraday support – 0.9460. Break below that level will take the pair to 0.9430/0.9380/0.9340.
Indicators (Weekly chart)
Directional movement index – Bullish
CCI (50) - Bullish
It is good to buy on dips around 0.94800 with SL around 0.9450 for a TP of 0.9600.
