Ichimoku Analysis (4-Hour chart)
Tenken-Sen- 109.51
Kijun-Sen- 109.70
As per our analysis, CHFJPY is trading slightly weak for the 3rd consecutive days. But still stuck in a narrow range between 110.39 and 109.14 for the past 1-month. The pair has shown a minor jump till 109.70 yesterday and is currently trading around 109.35.
The US-China renewed trade deal hope is putting pressure on safe-haven assets like Yen, Gold, etc.USDCHF's trend bias is neutral as long as resistance 1.0030. The pair is consolidating in a tight range and intraday bullishness can be seen only above 0.9980.
On the flip side, near term support stands at 109.15 low made on Oct 28th, 2019, any close below will drag the pair down till 108.56/108.
The major trend continuation can happen only above 110.40 level, a jump till 110.80/112 is possible.
It is good to sell on rallies around 109.45-50 with SL around 110 for the TP of 108.


FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
FxWirePro: GBP/USD rises as soft US data pressures dollar
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
FxWirePro: GBP/AUD drifts lower after BOE rate decision
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
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: NZD/USD consolidates overnight gains, but loses momentum
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low 



