Ichimoku analysis (15 min chart)
Tenken-Sen- 116.91
Kijun-Sen- 116.95
CHFJPY took support near 200- 15 min MA and shown a minor recovery. The slight weakness in yen due to easing demand for safe-haven assets. The Bank of Japan has extended its Coronavirus lending program on rising COVID-19 cases. USDJPY surged to 103.59 from the minor bottom of 102.85. Any cross above 103.60 targets 104/104.60. The intraday trend of CHFJPY remains bullish as long as support 116.35 holds.
Technical:
The pair's strong resistance is at 117.05, violation above will take to the next level117.50/117.80. On the lower side, near term support is around 116.85, and any indicative break below targets 116.35/116/115.38.
Indicator (15 min chart)
CAM indicator –Neutral
Directional movement index –bullish
It is good to buy on dips around 116.75-80 with SL around 1 for the TP of 115.38.


FxWirePro: NZD/USD firms as Kiwi gains on strong ANZ business outlook data
FxWirePro: USD/ZAR firms ahead of Fed interest rate decision
FxWirePro- Major Crypto levels and bias summary
NZD/JPY Flatlines Near 94.60: Will Key Support Reignite the Uptrend?
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds
FxWirePro: AUD/USD falls after softer-than-expected Australian Q2 CPI
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict
Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed
FxWirePro- Woodies pivot (Major)
JPY Pairs Action Bias: EURJPY Leads as Bullish Standout Amid Mixed Momentum
JPY Action Bias: EURJPY and CADJPY Emerge as Extremely Bullish Pairs to Watch
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption 



