Ichimoku analysis (4-hour chart)
Tenken-Sen- 0.91271
Kijun-Sen- 0.91544
This week High– 0.92326
The pair continues to trade lower after forming a top around 0.92730. The weak economic data and dovish fed are putting pressure on the US dollar.US Gross domestic product surged at an annual rate of 6.3% in the second quarter slightly below the estimated 8.5%. The number of people who have filed for unemployment benefits by 24000 to 400000 last week compared to a forecast of 382000. Markets eye US PCE and Chicago PMI for further direction. USDCHF hits an intraday low of 0.90516 and currently trading around 0.90583.
.
Trend- Bearish
The near-term support is around 0.9050, any breach below confirms further weakness. A dip till 0.9000/0.8925. On the higher side, immediate resistance is around 0.9075 Any convincing breach above targets 0.9128/0.9150/0.9185.
.
Indicator (4 Hour chart)
CAM indicator – Bearish
Directional movement index –Bearish
It is good to sell on rallies around 0.9075 with SL around 0.9120 for a TP of 0.8925.


FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: USD/CAD slips as oil rally boosts loonie
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/NZD runs out of steam but maintains bullish outlook
FxWirePro- Woodies Pivot(Major)
FxWirePro- Woodies Pivot(Major)
AUDJPY Bulls Stay in Control: Buy the Dips Above 103.80 Targeting 106
FxWirePro: USD/CNY downside pressure builds, key support level In focus
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR extends losses ,eyes 16.400 level
NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
EUR/JPY Surges on Yen Weakness: Bullish Momentum Eyes 186-187 Targets
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro- Major Crypto levels and bias summary 



