Ichimoku analysis (hourly chart)
Tenken-Sen- 116.97
Kijun-Sen- 116.88
CHFJPY is consolidating between 117.27 and 116.45 for the past five days. The yen is trading higher against all major after the UK lockdown due to a surge in coronavirus. USDJPY is holding well below 103 levels, any violation below 102.70 confirms further weakness. USDCHF continues to trade bearish for the seventh consecutive week, break beneath 0.8780 targets 0.8745. The intraday trend of CHFJPY remains bullish as long as support 116.40 holds.
Technical:
The pair's strong resistance is at 117.40, violation above will take to the next level 117.80/118.05/118.60. On the lower side, near term support is around 116.74, and any indicative break below targets 116.59/116/115.84.
Indicator (1-hour chart)
CAM indicator –Neutral
Directional movement index –Neutral
It is good to buy on dips around 116.80 with SL around 116.40 for the TP of 118.60.


FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR firms ahead of Fed interest rate decision
FxWirePro: USD/ CNY hits one-month low,scope for futher downside
FxWirePro: USD/ CNY remains soft ahead of Fed decision
FxWirePro: USD/JPY edges higher as focus shifts to BOJ decision
FxWirePro- Woodies pivot (Major)
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict
FxWirePro: NZD/USD firms as Kiwi gains on strong ANZ business outlook data
JPY Pairs Action Bias: EURJPY Leads as Bullish Standout Amid Mixed Momentum
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro- Major Pair levels and bias summary
NZD/JPY Flatlines Near 94.60: Will Key Support Reignite the Uptrend?
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level 



