Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish 
AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters 
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EUR/JPY Holds Bullish Bias as Euro Extends Recovery 
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption 
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FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead 
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Crypto Action Bias: ETHUSD Stands Out as the Bullish Pair to Watch 
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level 
FxWirePro: NZD/USD edges lower, remains on back foot 
FxWirePro: USD/ CNY remains soft ahead of Fed decision 
Ichimoku analysis (4-Hour chart)
Tenken-Sen- 120.07
Kijun-Sen- 120.37
CHF/JPY is trading weak after a minor pullback till 120.98. The board-based weakness in the Swiss franc is putting pressure on this pair at higher levels. USDCHF is holding above 0.92000 level. Any breach above 0.9240 confirms further bullishness. USDJPY is holding well above 110 levels, minor weakness only below 110.40.
Intraday analysis-
Trend – Bearish
The pair is trading well below 4-hour Tenken-Sen, Kijun-Sen, and cloud. The near-term resistance is around 120.35. Any violation above targets 121/122. The immediate support is around 119.45. Any decline below that level will take the pair to 119/118.80/118.50.
Indicator (4-Hour chart)
CAM indicator –Bearish
Directional movement index – Bearish
It is good to sell on rallies around 120 with SL around 121 for a TP of 118.
