NZD/JPY: Bearish Momentum Builds — Sell the Rallies Below 90.90 for a Slide Toward 88.00 
FxWirePro: GBP/USD steadies ahead key data, BoE event risk 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: USD/CNY outlook weaker on renewed downside pressure 
FxWirePro- Major Pair levels and bias summary 
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000? 
Euro Refuses to Die: EUR/JPY Holds 182.50, Eyes 184 Breakout 
FxWirePro: USD/ZAR attracts selling interest, could be on verge of a bigger drop 
FxWirePro: GBP/NZD ticks down after UK GDP data disappoints 
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects 
FxWirePro- Major European Indices 
EUR/JPY Retreats: Yen Strength Caps Rally, Bearish Bias Intact Below 183.15 
FxWirePro: USD/CNY outlook weaker on renewed downside pressure 
FxWirePro: AUD/USD dips on soft China data 
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level 
USDCHF showed a nice jump in the European session after SNB monetary policy. The central bank hiked rates by 75 bpbs from -0.25% to 0.50% and exits negative rates. It said that it cannot rule out further rate hikes.
Yesterday the US fed increased rates by 75 bpbs in line with expectations to tackle inflation. In new economic projections, the Fed projects the interest e to reach 4.4% in 2022, and 4.65% in 2023. It has been said that job growth is robust and inflation remains "elevated".
Technically in the 4-hour chart, the pair is holding below above short term (21- and 55 EMA) and 200 EMA (0.96589). Any break below 0.9470 will take the pair to 0.9430/0.9370. USDCHF hits an intraday low of 0.95449 and is currently trading around 0.95512.
The near-term resistance is around 0.9550 and any breach below targets 0.9600/0.9660/0.9725.
Indicators (4-hour chart)
CCI (50)- Bearish
ADX- Bearish
It is good to buy on dips around 0.9700 with SL around 0.9650 for TP of 0.9800.
