CHFJPY: Move Up Ahead?!The CHFJPY pair exhibits a strong bullish bias this morning.
The price action has generated a high-momentum bullish hourly candle, successfully breaching a minor intraday resistance level.
This movement confirms a Change of Character (CHoCH) pattern, suggesting a high probability of continued bull
About Swiss Franc / Japanese Yen
The Swiss Franc vs. the Japanese Yen. After reaching its low in 2008 this pair has steadily traded higher mainly due to aggressive Japanese monetary easing. Also, due to low interest rates and different financial properties these currencies are considered to be safe haven and funding currencies.
Related currencies
Next D1 Candle Expected GreenThe next candle is expected to close green.
This outlook is only for the next candle on the timeframe shown on the chart. If the bias is red, selling above the open should lead to profit. If the bias is green, buying below the open should lead to profit. Manage your own entries, stop loss, take pro
CHFJPY Set To Fall! SELL!
My dear friends,
Please, find my technical outlook for CHFJPY below:
The price is coiling around a solid key level - 183.36
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goa
CHFJPY Technical Analysis! SELL!
My dear friends,
Please, find my technical outlook for CHFJPY below:
The instrument tests an important psychological level 183.36
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
CHFJPY| - BullishHTF (4H/1H) Overview:
Price has displayed exceptionally strong bullish structure 😳. The setup indicates potential continuation to the upside.
MTF (30M) Setup:
Price held the 30M order block, gave a sweep, and lower timeframe structure switched via CHoCH. Price mitigated entry zones, confirming alig
CHFJPY: Weak Market & Bearish Forecast
The price of CHFJPY will most likely increase soon enough, due to the demand beginning to exceed supply which we can see by looking at the chart of the pair.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current rate of CHFJPY is 183.203 JPY — it has increased by 0.04% in the past 24 hours. See more of CHFJPY rate dynamics on the detailed chart.
The value of the CHFJPY pair is quoted as 1 CHF per x JPY. For example, if the pair is trading at 1.50, it means it takes 1.5 JPY to buy 1 CHF.
The term volatility describes the risk related to the changes in an asset's value. CHFJPY has the volatility rating of 0.48%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The CHFJPY showed a 0.53% rise over the past week, the month change is a −0.77% fall, and over the last year it has increased by 6.75%. Track live rate changes on the CHFJPY chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
CHFJPY is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade CHFJPY right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with CHFJPY technical analysis. The technical rating for the pair is buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the CHFJPY shows the buy signal, and 1 month rating is buy. See more of CHFJPY technicals for a more comprehensive analysis.