Ichimoku analysis (1 Hour chart)
Tenken-Sen- 121.92
Kijun-Sen- 122.06
CHF/JPY has halted its 5 weeks of a winning streak and lost more than 70 pips from a multi-year high of 122.52. The slight weakness in the Swiss franc is putting pressure on this pair at higher levels. USDCHF is struggling to close above 0.9000 levels, any breach above 0.9045 confirms bullish continuation. USDJPY is holding below 200-WMA, any breach above 110.20 targets 111. The intraday trend of CHFJPY is bullish as long as support 121.45 holds.
Intraday analysis-
Trend – neutral
The pair is holding below Hourly Tenken-Sen, above Kijun-Sen, and cloud. On the lower side, near-term support is around 121.45 Any violation below will drag the pair down to 121/120.50/120/119.25/118.60/117.95/116 likely. The immediate resistance is only 122.55. Any violation above that level will take the pair to next level to 123/123.93/124.45.
Indicator (1-hour chart)
CAM indicator –Bearish
Directional movement index – Bullish
It is good to sell below 121.70 with SL around 122.25 for a TP of 120.


AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level
FxWirePro- Major Pair levels and bias summary
EUR/JPY Holds Bullish Bias as Euro Extends Recovery
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption
FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger
FxWirePro: GBP/USD edges higher as traders await BoE guidance and UK fiscal clarity
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup
FxWirePro: USD/ZAR firms ahead of Fed interest rate decision
JPY Pairs Action Bias: EURJPY Leads as Bullish Standout Amid Mixed Momentum
FxWirePro: USD/CAD slips after Fed holds rates steady
FxWirePro: USD/ CNY remains soft ahead of Fed decision
NZD/JPY Flatlines Near 94.60: Will Key Support Reignite the Uptrend?
FxWirePro- Major Pair levels and bias summary 



