Ichimoku Analysis (Daily chart)
Tenken-Sen- 0.96964
Kijun-Sen- 0.9770
USDCHF trades lower and hits 5-month low at 0.96305. The overall trend is still in bearish mode and any minor bullishness can be seen only above 0.97750 levels. Swiss Franc is trading higher against all majors after Russian PM resignation which has slightly increased demand for Safe-haven assets. It is currently trading around 0.96470.
The US Producer price index raised 0.1% m/m compared to forecast of 0.2%, wholesale inflation inched up 1.3% 2019 Vs 2.6% in 2018.
Technically, near term major resistance is at 0.9720 and any violation above targets 0.9775/0.9800. Significant trend continuation only above 0.9845.
On the flip side, the pair has broken major support 0.9645 and this shows resumption of downtrend from 1.0237, a dip till 0.9600/0.9545 possible.
It is good to sell on rallies around 0.9660-65 with SL around 0.9700 for the TP of 0.9545.


NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies pivot (Major)
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro- Woodies pivot (Major)
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
FxWirePro: AUD/USD gains some ground but outlook is bearish
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro: GBP/AUD bears maintain upper hand
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro- Major Crypto levels and bias summary 



