FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level 
FxWirePro- Woodies pivot (Major) 
EUR/JPY Holds Bullish Bias as Euro Extends Recovery 
FxWirePro: NZD/USD edges lower, remains on back foot 
FxWirePro: GBP/NZD gains some ground but bias is still bearish 
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook 
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases 
FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings 
Crypto Action Bias: ETHUSD Stands Out as the Bullish Pair to Watch 
FxWirePro- Woodies pivot (Major) 
JPY Action Bias: USDJPY Emerges as the Clear Bullish Pair to Watch Amid Mixed Crosses 
Major Intraday resistance -0.92850
Intraday support- 0.92380
The pair has halted its three weeks of the bullish trend and shown a minor decline on board-based Swiss franc buying. Markets eye the US fed monetary policy for further direction. The US dollar index lost more than 30 pips from the minor top 93.45. At the time of writing, USDCHF is hovering around 0.92526 down -0.21%.
Woodies and CCI analysis-
Both CCI (50) and Woodies CCI is below the zero lines (bullish trend).
In Woodies CCI six consecutive bars should close below zero for bearishness (here only 5 bars closed below zero lines). So intraday bearishness is not confirmed.
Trend-Neutral
USDCHF is trading below 0.92750 and facing strong support at 0.92380. Any breach below confirms the intraday bearishness. A dip to 0.9180 is possible. On the higher side, immediate resistance is around 0.9300. Any convincing jump above targets 0.93350/0.93650.
Indicator (1-hour chart)
Directional movement index –Bearish
It is good to sell on rallies around 0.9255-58 with SL around 0.9300 for a TP of 0.9180.
