CHFJPY is making higher highs and higher closes, indicating a bullish trend. The market broke and closed above the 169.000 psychological level, which became support. We expect a retracement and bullishness following a retest of the major resistance level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Hello traders, we want to check the CHFJPY chart. The general trend of the market is bearish and the price has pulled back to the specified resistance level. We expect this level to maintain the downward trend of the price and the price will fall to around 167,900. Good luck.
CHFJPY is decelerating at the resistance level. It created a double top. The market essentially made a false breakout of the psychological level of 171.000. The market created divergence on the 4-hourly chart, meaning we might see a sharp bearish move. We expect a bearish move that could potentially breakout the ascending channel. ------------------- Share...
CHFJPY is testing the descending channel and where the price made a sharp move from. The market is getting close to the confluence zone, dynamic resistance, a fibo level, a psychological level of 169.000, and a bearish harmonic pattern. The price is likely to rebound from resistance and go down. ------------------- Share your opinion in the comments and...
The CHFJPY pair hit our 169.100 bullish target, after the 1D MA50 (blue trend-line) held, as presented on our November 06 call (see chart below): The current Bullish Megaphone that it has been trading in, has been very consistent. The recent Higher Low was made on the 0.786 Fibonacci retracement level such as the October 03. That was the first buy signal but...
Onwards and upwards. OANDA:CHFJPY has broken the previous high of 159 in OANDA:CHFJPY . Economists at Société Générale analyze the pair’s outlook. OANDA:CHFJPY technically overbought after overcoming high of 1979 The BoJ meets next week. Governor Ueda last week signalled no change in policy. The cross is technically stretched so a correction could be...
i have good entry in CHFJPY, do you think he will go to down?
The BoJ meets next week. Governor Ueda last week signalled no change in policy. The cross is technically stretched so a correction could be overdue. However, it is difficult to envisage a sustainable turnaround until the BoJ raises rates, abandons YCC or the SNB sells Swiss Franc. Neither of the three scenarios looks plausible in the near term. BoJ intervention...
Here is my analysis for CHFJPY on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
The CHFJPY pair is trading within a Bullish Megaphone for almost 4 months (since July 12) and is on a rebound on the 1D MA50 (blue trend-line). Technically it priced the Higher High of the Megaphone 2 weeks ago so this should be the bearish leg towards its bottom (Higher Lows trend-line). Especially since the 1D MA100 (green trend-line) broke last month for the...
Trade Details Sell Limit Entry: 167.863 Take Profit 1: 167.652 Take Profit 2: 167.218 Take Profit 3: Stop Loss: 167.980 Key Notes Order flow: Bearish Trend: Bearish Structure: Broken Entry at order block / supply Disclaimer: This is just a sample template and should not be used as financial advice. Always do your own research before...
CHFJPY broke the support Cluster of the rising and Horizontal levels at 167.592 And the breakout is confirmed So I think that we will see A further move down !
Here is my analysis for CHFJPY on H4 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
CHFJPY broke out of the descending channel and reached a strong resistance level. The market is getting close to the kill zone, which includes psychological level 166.000, dynamic resistance as well as fibo level, and a massive divergence. The price is likely to rebound from resistance and retest the support level . ------------------- Share your opinion in...
CHFJPY BUYS in play. 1. Potential Bullish Trend. 2. CHF is strong meanwhile JPY is weak. 3. Short term sellers pressure. We are looking to go Long on this pair, As the price is heading towards the support and resistance zone. We will look for confirmations on the lower time frames.
The CHFJPY pair is trading above the 1D MA50, holding it tightly for the past 10 days. Technically that is the long-term Support trend-line since March 29, while the long-term pattern has been a Channel Up. As long as the price is trading above the 1D MA50, we are bullish, targeting 171.000 (+8.00% increase). If the price breaks below the bottom (Higher Lows...
CHFJPY is trading in the descending channel. The market is testing the resistance level, golden zone, and dynamic resistance. Price action is printing lower lows and lower closes, indicating bears are in control. The price is likely to test the support level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for...
CHF-JPY broke the key Horizontal level of 164.621 But is now making a Pullback to retest The broken level which Is now a resistance From where I think The pair will keep growing Sell!