- USD/CHF has shown a huge recovery of more than 100 pips after more hawkish statement Fed Chairman Powell.Fed Chairman Powell on his testimony on Tuesday mentioned that US economy is growing faster with job market remains stronger and inflation will stay near 2%. The central bank said it is on the track to gradually raise interest rates. The pair pared most of its gains made on Monday after hitting high of 1.00680.US 2- year yield hits 10 year high at 2.6290% and spread between US -2 year and US 10 year yield has narrowed to 23 basis point. The downside is capped due to policy divergence between US fed and SNB.The pair hits intraday high of 1.00347. It is currently trading around 1.00035.
- On the higher side, near term resistance is around 1.00680 and any violation above will take the pair to next level till 1.010/1.0180.
- The near term major support stands at 0.9930 (50- day MA) and any break below targets 0.988 (55- day EMA)/0.9800. The minor support is around 0.9975.
It is good to buy on dips around 0.9925-30 with SL around 0.9880 for the TP of 1.000/1.0060.


FxWirePro: USD/CNY edges higher, outlook bearish
NZDJPY Bears Stay in Control After Sell-Off — Sell Rallies at 93 Targeting 90 as All EMAs Align Bearish
EUR/JPY Under Pressure: Broad Yen Buying Keeps Bears in Control Below 183.00
Major European Indices Trend Scores: DAX & CAC40 Hit Perfect 100, FTSE100 at 85 — All Bullish with Key Levels to Watch
Chart of the Day: BTC Double Bottom Ignites — Buy Above $64,050 for $67K–$70K Blast-Off
DAX & CAC40 Score Perfect 100 Trend, FTSE100 Lags at 85 – Key Levels to Watch on the Perfect Scorers
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD slips as dollar rebounds from six-week low
FxWirePro: GBP/AUD consolidating around 1.9185, bias is bearish
NZDJPY Bears Stay in Command: Sell Rallies at 92.72-75 Targeting 90 as All EMAs Flash Red
All Major JPY Pairs Hit Extreme Bearish Score of -100: USDJPY, EURJPY, GBPJPY, AUDJPY, NZDJPY & CADJPY Flash Maximum Weakness
FxWirePro: USD/JPY dips as market assess risk of additional FX intervention.
Currency Scores of Major Pairs: GBPUSD, AUDUSD & NZDUSD Top Charts at 85 — Bullish Pairs to Watch
FxWirePro: AUD/USD firms after upbeat consumer spending data
FxWirePro- Major Pair levels and bias summary 



