CHFJPY is in a correction period. At the strong resistance zone 166.49 if the price cannot break through. It is expected that there is a chance that the price will decrease. Consider selling.
>> GooD Luck 😊
CHFJPY had been in a bullish trend for an extended period. However, there has been a noticeable weakness in recent times, indicating a potential shift in the trend from upward to downward.
Based on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
My dear friends,
My technical analysis for CHFJPY is below:
The market is trading on 162.25 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable (Bullish continuation.
Target - 167.17
Recommended Stop Loss - 161.71
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations,...
Good morning traders, today we are taking a look at CHFJPY. The bank of Japan is still not willing to make a hike and this monetary policy is very negative for the yen, however price has still corrected due to the Yen being underevaluated by investors on the market those past few days. Today, we can see price seems like it found support on a key level of 162 and...
Based on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
These lines I drew make a pretty picture for sure 😊. But the big question is am I reading the price action correctly and are my expectations reasonable? We will find that out soon. My daily chart shows clearly how I read the movement in this pair so far and what I expect next. However, here are a few main points:
Triple top followed by a series of lower...
Hello There!
Welcome to my new analysis about CHFJPY on several timeframe perspectives. The CHFJPY conditions have accelerated to an unnatural dynamic recently as the pair moved into new highs instead of the massive overbought condition and the fact that this main reversal into the bearish direction should have setup already long times before especially...
Hello traders!
‼️ This is my perspective on CHFJPY.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to continue the retracement to fulfill that huge imbalance higher and then to reject from bearish order block.
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Welcome back! Let me know your thoughts in the comments!
** CHFJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Hello Traders!
On The Daily Time Frame, The CHFJPY Price Formed a Double Top Pattern.
The Neckline is Broken.
So, I Expect a Bearish Move📉
i'm waiting for retest...
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TARGET: 162.500🎯
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Quick update on the CHFJPY pair that I've been watching for the past while. the reversal is underway. After a quick consolidation, this pair continues to selloff.
There's a swing trade opportunity underway as price is breaking the lower boundary of this daily range.
after valid breakout and pullback to resistance zone that showed in chart we can take a short position with good risk to reward but you should follow the targets and be careful
good luck
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 164.1- 163.8, which is a pullback resistance
Our take profit will be at 163.01, an overlap support level. The stop loss will be placed at 165.23, a multi-swing high resistance level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of...
CHFJPY Break it's Support and closed below this zone. Where after a correction a big down fall is expected. Pair hold a support for the long time now moving below this zone. If price hit the mentioned zone I am expecting support zone will act as a resistance and push the price more bearish.
