Ichimoku analysis (4 Hour chart)
Tenken-Sen- 0.91659
Kijun-Sen- 0.91573
June month high– 0.92750
The pair has shown a nice recovery of more than 80 pips on board-based US dollar buying. The US dollar index recovered sharply from a minor bottom of 91.92. Any breach above 92.50 confirms intraday bullishness. The surge in US treasury yields is also supporting the US dollar index. At the time of writing, USDCHF is hovering around 0.91938 up 0.01%.
Trend-Bullish
The near-term resistance is around 0.9210, any breach above targets 0.9240/0.9275. The minor bearish trend will get completed only after it breaks 0.9275. On the lower side, immediate support is around 0.91570. Any convincing breach below will take to the next level 0.91150/0.9995/0.90750/0.9050.
Indicator (4-Hour chart)
CAM indicator –Bullish
Directional movement index –Bullish
It is good to buy on dips around 0.9150-525 with SL around 0.9110 for TP of 0.9240.


FxWirePro: GBP/NZD gains some ground but bias is still bearish
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead
EUR/USD Bounces from Monthly Low, But Bearish Pressure Remains
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path
Crypto Action Bias: ETHUSD Stands Out as the Bullish Pair to Watch
FxWirePro: AUD/USD dips after RBA Governor speech
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
FxWirePro: USD/ZAR retreats but trend is still bullish
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level
FxWirePro: GBP/USD edges higher as traders await BoE guidance and UK fiscal clarity 



