Ichimoku Analysis (8-hour chart)
Tenken-Sen- 112.74
Kijun-Sen- 112.90
CHFJPY has lost nearly 90 pips after a minor recovery till 113.43. The decline was due to a strong yen on the increase in demand for Safe-haven assets. USDJPY lost more than 150 pips after a jump till 107.62 on slight pessimism in V-Shaped recovery on the second wave of coronavirus. Any violation below 1005.98 confirms further weakness.
The pair is facing strong support at 111.86 (200 8H EMA). Any indicative break below will take the pair to 111.57/110.92 (61.8% fib).
The next significant resistance to be watched is 113, violation above that level targets 113.50/114. Extreme bullish trend continuation only above 114.25.
It is good to sell on rallies around 113.10-15 with SL around 113.60 for the TP of 111.55.


FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
FxWirePro: USD/CAD slips after Fed holds rates steady
FxWirePro- Major Pair levels and bias summary
FxWirePro:EUR/NZD gains some upside momentum but still bearish
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
FxWirePro: GBP/AUD drifts lower after BOE rate decision
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level
FxWirePro: USD/JPY edges higher as focus shifts to BOJ decision
JPY Action Bias: EURJPY and CADJPY Emerge as Extremely Bullish Pairs to Watch
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
FxWirePro : GBP/NZD strongly bearish despite upside attempts
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup
FxWirePro: AUD/USD gains some ground but outlook is bearish
FxWirePro: USD/CNY dips to hit three year low,scope for further downside 



