Over the last 12 months, its price rose by 15.42 percent. CHF/JPY is heading towards the resistance line at 156.14. Looking ahead, we forecast Swiss Franc Japanese Yen to be priced at 158.46 in one year, according to Trading Economics global macro models projections and analysts expectations.
CHFJPY is on the way of touching the all time high, making the history of CHF strongest dominance over JPY. We are expecting price to drop from 157-158 price range. Let's see how it performance.
it seems that the strength of up-trend is getting weaker and it's suitable for Sell (Short Position)
In the daily chart, we can see that CHF/JPY's rally has halted at the resistance level with the formation of a potential double top. So, based on the chart, a sell entry between 153.55-153.90 with SL above 154.50 and TP at 150 would be a good sell trade with great risk: reward.
CHFJPY CHART ANALYSIS POSTED ON SUNDAY 14 MAY 2023. Let's see how this pair will perform based on the analysis. Make sure you do your research and based on your confluence please look for the entry. Don't rush your trades without any confirmation. Trade safe and use always proper risk management. Thanks in advance for checking my trade idea.
Hello traders! ‼️ This is my perspective on CHFJPY. Technical analysis: As I expected in my previous analysis price filled the imbalance and rejected from bullish order block + institutional big figure 150.000. Now I see price to form new higher high. Like, comment and subscribe to be in touch with my content!
Hello traders! ‼️ This is my perspective on CHFJPY. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs from discount zone. I expect price to go a little bit lower and then to reject from bullish order block + institutional big figure 150.000. Like, comment and subscribe to be in touch with my content!
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
CHFJPY shows bearish trend at 1H TF. There is bearish divergence and price action broken consecutive two HL's and made mature trend downward. Took two trades at 1:2 risk to reward ratio with different TP's level.
Hi fellow traders, CHFJPY has formed a new corrective structure after the last drop. Look for a sell opportunity from the blue box area. The trade will be invalidated if we break the red line. Target the support levels. Good luck and trade safe!
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
dear traders as we see chf/jpy was stronger and the market must correct this move and follow my instraction and wish you the best of luck trade safe
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Hello traders! ‼️ This is my perspective on CHFJPY. Technical analysis: Here I am looking for short position as we are in a bearish market structure from daily perspective. I expect price to continue the retracement to fill the imbalance and then to reject from bearish order block + institutional big figure 147.000. Like, comment and subscribe to be in touch...
🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️ 1:✨Eagle Eye: The market is currently approaching the all-time double top area and momentum remains bullish. It will be interesting to see what happens next. 2:📆Monthly: A strong and established bull trend has been forming for the past 9 months, indicating the potential for a future bull run. 3:📅Weekly: Last week, the...