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Chf-jpy

CHF/JPY: GOOD VIBESHello traders! As you can see from the chart above there are good chances to go long successfully on CHF/ JPY. The reasons are easy to understand. First of all, RSI 14 does not look overbought. Secondly, MACD line is crossing SIGNAL line starting a bullish momentum. Furthermore, Bearish Momentum is getting weaker and weaker, as suggested by the red histograms. TARGET can be set in proximity of the 2nd Fibonacci Levels, drawn thanks to FIBONACCI EXTENSIONS TOOL. Please, notice that the 50 FIBONACCI LEVEL coincides with the RESISTANCE. Then, I suggest to wait and look for a confirmation candle in order to understand whether go long or short. WATCH OUT FOR FALSE BREAKOUT! Remember to put a stop loss in order to secure your capital! Not a financial advice. Enjoy your trade!
Long
by vf_investment
CHFJPY - SWING - 23. JUNE. 2020Welcome to our weekly trade setup ( CHFJPY )! - 1 HOUR Bullish closure above trend turning area. 4 HOUR Expecting a pump to 113.300, good long entries. DAILY Overall slowly dropping market about to turn! - FOREX SWING BUY CHFJPY ENTRY LEVEL @ 112.610 SL @ 112.180 TP @ 113.290 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Long
by DACapitalTrading
9
CHFJPY - SWING - 15. JUNE. 2020Welcome to our weekly trade setup ( CHFJPY )! - 1 HOUR Bullish price action after taking out 112.500! 4 HOUR Expecting more bullish pa, prices trading above main sr now. DAILY Overall bullish after a small pullback, turning to normal trend again! - FOREX SWING BUY CHFJPY ENTRY LEVEL @ 113.110 SL @ 112.550 TP @ 113.890 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Long
by DACapitalTrading
7
CHF/JPY FULL ANALYSIS: Bearish wedge and Fib on the wayTECHNICALS: The CHFJPY pair faced some resistance at the upper line of a bearish wedge which also aligns with the 61.8% Fib and a horizontal resistance level. However, the 1-hour chart shows some short-term support levels which have to break first to confirm further weakness. We'll look for a break below 111.50. POSITIONING: Strong bullish flows in both CHF and JPY. Asset managers are slightly more bullish on JPY than on CHF. MARKET THEMES: Favour a weaker CHFJPY as markets shift their focus to Japan's fresh monetary stimulus. CORRELATIONS: Slight divergence with German/JP 2y yields (Note that CHF and EUR are highly correlated currencies).
Short
by MujkanovicFX
CHFJPY. The price reaches the target, there is almost no risk.Hi traders! Here is my analysis regarding this currency pair. The price of May 6 was at the support level, and since then the uptrend was supported, and as soon as it reached a key level, it began to grow even stronger. The price will reach the resistance level to the level of 112.500. The profit is not great, but the risk is minimal. Good luck to you! If you liked this idea, please like and subscribe to my profile. This idea does not provide the financial advice.
Long
by UnknownUnicorn6402893
2