The CHFJPY pair is currently exhibiting a significant technical pattern known as a Bat Harmonic Pattern (XABCD). This formation is characterized by specific Fibonacci ratios between its key points, indicating potential trend reversals. Key Points of the Bat Harmonic Pattern: - Point X: Represents the starting point of the pattern. - Point A: Marks the...
CHFJPY has reached important levels, under which it is now trying to consolidate. The price corrected by 38% from the last upward impulse. The chart has formed a reversal candlestick pattern Hammer. We expect a rebound from the current level. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
The strength of CHFJPY rebounds has decreased. The chart came out of the descending channel. The price reached the resistance level coinciding with the 38.2% retracement level. We think that the pullback will take place after the resistance retest is completed. ------------------- Share your opinion in the comments and support the idea with a like. Thanks...
CHFJPY is moving in a descending channel between two trend lines. The volatility of the price movement has decreased, which may signal an upcoming decline. We think that the price may test the resistance again and then pullback to the 50% retracement level. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for...
CHFJPY failed to renew the recent low and is moving near the psychological level of 167.000. The chart is forming a rounded bottom, which indicates an imminent reversal of the price direction. We expect a correction of the price drop after the chart fixes the nearest level. ------------------- Share your opinion in the comments and support the idea with like....
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...
50 years in the making, this pair has done everything precisely by-the-numbers! - Technically speaking. And while normally one ought to remain reluctant to trade "weak" against "weak" (in rate differential terms) ... ... but when one "weak" suddenly gains +45% versus the other on a newly found nevertheless, less than meager 1.75% rate differential ... ... It is...
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. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Hello traders, we want to check the CHFJPY chart. The price has broken the ascending channel to the bottom and pulled back to the key level indicated. If this level can play the role of a resistance level and maintain the downward trend of the price, we expect the price to fall to around 161.950 and if it can break this level, the next price target will be...
CHF-JPY was trading in a Rising wedge but now we Are seeing a bearish breakout So I think that we will see A local bearish correction !
CHFJPY Sell Stop Loss: 161.9 Take Profit Targets: 161.1 161.0 160.8 160.6 160.0 159.0
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Currency Pair : CHFJPY Possible direction : Bullish Technical Analysis : With the weakness in jpy, CHFJPY has merged with long term uptrend after grabbing liquidity from the daily and weekly support. Price is currently all time high and any time after little pullback we could see chfjpy may take off again to create new all time high level. Possible trade...
Wait for the closing of any H$ candle above the previous high of the last week. When candle closed above the previous week high then look for buying opportunity on it. Target is already given.
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
Hello traders, we want to check the CHFJPY chart in the 4-hour time frame. The overall trend of the market is bearish and the market is moving in a downward channel. The price has reached the ceiling of the channel and could not break the ceiling of the channel and is moving in a range zone. If the price can break the small ascending channel and also the range...
PRICE HAS REVERSED impulsively from an area of high value on larger time frames and is currently printing this continuation formation. IF price can break below the phaseline then shorts will be activated for a push towards a first target of 143.69, however with more potential downside.
Hello traders, we would like to review the CHFJPY chart on the 1-hour time frame. The price is moving in an ascending channel and has reached the ceiling of the channel as well as the key level of 145.200, which the price has reacted to several times in the past. Considering that the price has broken the upward trend line and we also expect the specified key level...