- USD/CHF has shown a minor recovery yesterday on account of better than expected US economic data.US CPI came at 0.1% monthly basis and by 2.0% YOY. The core CPI on the annual basis shown a slight uptick from to 1.8% from 1.7%. US retail sales came at 0.2% in Oct compared to forecast of 0%.
- The Swiss franc was trading higher against all major pair and hits high of 0.98463 after breaking trend line support and 20 –day MA at 0.9930. It is currently trading around 0.98954.
- Technically, the pair took support near 233- day MA and started to recover from that level. Intraday trend is mildly weak, as long as resistance 0.9940 holds. The pair’s near term support is around 0.9850 (233- day MA).Any convincing break below will drag the pair to next level till 0.9805 (38.2% retracement of 0.9420 and 1.00390)/0.9770. Long term weakness only below 0.9705.
- The major resistance is around 0.9938 (20- day MA) and any break above will take the pair to next level till 0.9980/1.000/1.0040. The near term resistance is around 0.9983 (10- day MA)/1.000.
It is good to sell on 0.9925-0.9930 with SL around 0.9970 for the TP of 0.9855/0.9805.


FxWirePro: GBP/USD supported by UK services recovery and dollar weakness
FxWirePro: NZD/USD softens despite firm expectations for RBNZ tightening
FxWirePro: GBP/AUD edges lower, bearish outlook persists
AUDJPY Bears Hold the Line: Sell Rallies at 111.40 as Negative Bias Targets Sharp Drop to 108
FxWirePro: USD/ZAR gains some ground, but downtrend remains
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD eases slightly as markets await U.S. Payrolls report
FxWirePro: EUR/ AUD neutral in the near term, scope further downside
FxWirePro: USD/ZAR extends decline, scope for further downside
NZDJPY Bears Ready to Strike: Sell Rallies at 93 as EMAs Signal Deeper Slide to 90
EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide
FxWirePro- Major Pair levels and bias summary
Gold Hits 6-Week High: Buy Dips at $4220 as Bullish Momentum Eyes $4400 Breakout
FxWirePro- Woodies pivot (Major)
Crypto Action Bias: BNB/USD Leads Bullish Momentum as Major Pairs Neutralize
FxWirePro: USD/JPY edges higher as traders eye U.S. Jobs data and Geopolitical developments 



