the price is moving in very nice waves and we are in the 4th wave now if we use the fib tool it indicates we can buy now
CHFJPY: A bigger bearish wave could happen After the meeting today from Japan's top currency diplomat Kanda commented: Recent yen moves are not reflecting fundamentals Speculative moves are behind recent yen movement Does not consider a 4% move in a span of 2 weeks as being a "mild" move Closely watching FX moves with a high sense of urgency Will not rule out...
CHFJPY is trading in Bullish trend with no divergence at top secondly at 0.618-0.78 fib support AND At horizontal support and making HL place buy with risk defined below Last low
Hey Traders, In this video I will cover an in-depth study on how the decisions of Central Banks concerning interest rates dictate the velocity of any market move in Forex. This is something you really need to know if you are trading any FX pair, especially the JPY or CHF. The deviation between the central banks of the two is a growing deep and this is driving...
✅CHF_JPY is going down now But a strong support level is ahead at 167.000 Thus I am expecting a rebound And a move up towards the target at 168.342 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
CHFJPY has created a bearish breakout on the hourly support which is likely to continue the bearish momentum to the downside once the price completes with the pullback formation. Expecting a downfall towards the bottom support identified.
MARKET PHASE OANDA:CHFJPY is in a long term uptrend (daily) with a short term corrective structure that has been taking place (4 hour). AREA OF VALUE Price continued to break lows within the corrective structure until it began to hold the bottom. There was a buildup of liquidity (sell stops, shorts, long order stop losses) below the corrective structure...
CHFJPY - Classic bullish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Buy CHFJPY Entry - 167.71 Stop - 167.20 Take - 168.78 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Hello traders! ‼️ This is my perspective on CHFJPY. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long position. I expect bullish price action from here as price filled the imbalance and rejected from bullish order block + institutional big figure 168.000. Like, comment and subscribe to be in touch...
Hey Traders, The Swiss National Bank eased today from 1.75 % to 1.5%. This has dropped the value of the CHF VS JPY significantly as cash flows out of the CHF and into alternative cash holdings. This is crucial to look at, as central bank decisions will always form the basis for long term moves, especially now you have the BOJ going towards rate...
Hello Traders In This Chart CHFJPY HOURLY Forex Forecast By FOREX PLANET today AUDCAD analysis 👆 🟢This Chart includes_ (CHFJPY market update) 🟢What is The Next Opportunity on CHFJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
CHFJPY is making lower lows and lower highs. it is in bearish trend
Chfjpy is ready for BIG drop. Simple Breakout of trendline and rejection on retest. We observed rejection in smaller timeframe giving us confirmation to short. TP and SL are marked. No overrisk and always follow risk management.
The CHFJPY pair almost hit the 172.500 Target that we set on our previous call (December 19 2023, see chart below): Since then it has pulled back significantly, giving rise to a new Channel Up pattern. The major development is that it is about to touch the 1D MA200 (orange trend-line) for the first time since April 06 2023. We are prepared to buy after it...
Here is our detailed technical review for CHFJPY. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 167.427. Considering the today's price action, probabilities will be high to see a movement to 168.320. P.S The term oversold refers to a condition where an...
It appears that the CHF/JPY currency pair is beginning to recover and exhibit a bullish trend, indicating that the Swiss franc (CHF) is gaining strength against the Japanese yen (JPY). This emerging trend may signify improving sentiment towards the Swiss economy compared to Japan's. Traders analyzing the market may observe signs of upward momentum, such as higher...
Manage SL during news time, intraday trade tp and sl mentioned not a financial advice
CHFJPY bounced from the demand area which is indicating buying factor. Hold off until you see a clear break of the downward risk trendline which i indicated with red color. It shows we are being cautious and looking for that solid sign that the pair's ready to shift from the current demand zone. The patience for confirmation can definetely pay off. Just remember...