Ichimoku analysis (Hourly chart)
Tenken-Sen- 109.03
Kijun-Sen- 109.13
CHFJPY is consolidating after hitting high of 109.63 on May 22nd 2019. The decline of 80 pips was mainly due to slight strength in Yen. USDJPY is trading lower for 3rd consecutive days and lost more than 120 pips from high of 110.67.The ongoing Brexit uncertainty and trade war escalation is supporting yen. In the past 1-month it was trading weak and lost nearly 400 pips from 111.97 high made on Apr 12th 2019. It hits intraday high of 108.84 and is currently trading around 108.93.
The near term resistance is around 109.03 (55- H EMA) and any break above will take the pair to next level till 109.30/109.65/110.
On the lower side, near term support is around 108.80 (38.2% fib) and any violation below will drag the pair to next level till 108.50/108/107.60. Any major weakness only below 107.60.
It is good to buy on dips around 108.75-80 with SL around 108.40 for the TP of 109.63/110.


FxWirePro: GBP/AUD drifts lower after BOE rate decision
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
FxWirePro- Major Crypto levels and bias summary
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro- Major Pair levels and bias summary
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
FxWirePro: AUD/USD gains some ground but outlook is bearish 



