Get started

Chf-jpy

US Dollar Index turns bearish from 96.16The US Dollar Index bears seem to be in control since recent highs at 96.16 levels, the fibonacci 0.618 resistance of the earlier drop as shown here. The index seems to be on its way towards at least 95.00 levels, before pulling back or retracing. Looking into the wave structure, the index seems to have in place Waves A and B already, with Wave B terminating at 96.16 levels earlier this week. Please note that 96.16 should be acting as resistance now, and all intraday/pullback rallies could remain well capped below 96.16 going forward. Disclaimer: This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions. It does not imply an obligation to purchase investment services, nor does it guarantee or predict future performance. FXTM, its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness of any information or data made available and assume no liability for any loss arising from any investment based on the same.
TVC:DXYShort
by FXTM
8
CHFJPY approaching support, watch for potential breakout! CHFJPY is approaching our first support at 113.95 (horizontal swing low support) and a breakout below this level might push price down to our major support at 112.12 (horizontal pullback support, long term ascending support line, 61.8% Fibonacci extension, 61.8% Fibonacci retracement). Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias. RSI (89) is also seeing a bearish exit and we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Short
by easyMarkets
1
CHFJPY approaching resistance, potential drop! CHFJPY is approaching our first resistance at 115.27 (horizontal pullback resistance, 23.6% Fibonacci retracement, descending channel resistance) where a strong drop might occur below this level pushing price down to our major support at 113.32 (horizontal overlap support, 50% Fibonacci retracement, 61.8% Fibonacci extension). RSI (89) is seeing a bearish exit and we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Short
by Tickmill
CHFJPY ShortRiding the recent bearish trend after worries regarding Italy's budget eased a bit (market seems to be back to risk-off). Waiting for a breakout and will manually enter past 115 if hourly price action shows continued bearish momentum, with 1st TP near @114.5 (-100 fib level in hourly and daily charts), and 2nd TP @113.3 (0 fib level in hourly, daily and weekly charts). There's possibility still of this pair bouncing to 116.33 especially if actual JPY ave. cash flow tomorrow is better than forecast, and if CHF CPI on Friday is lower than expected, so need to closely monitoring this pair. www.poundsterlinglive.com seekingalpha.com Daily: Weekly: Confidence: C (because market in general is back to risk-on, and both CHF and JPY are considered haven assets-- in other words, high risk of getting whipsawed)
Short
by aiza_belle
CHFJPY Approaching Support, Prepare For A BounceBuy above 115.29. Stop loss at 114.71. Take profit at 116.28. Reason for the trading strategy (technically): CHFJPY is approaching its support at 115.29 (100% Fibonacci extension, 38.2% & 61.8% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 116.28 (38.2% Fibonacci retracement, horizontal swing high resistance). Stochastic (55, 5, 3) is approaching its support at 7.8% where a corresponding bounce could occur.
Long
by theforexarmy
Possible trend shift in EURAUD – going shortThe Tidal Shift Strategy has just sold EURAUD at 1.61688. The system recommends entering this trade at any price between 1.61466 and 1.6191. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at -3.43392, which suggests that the EURAUD could be trending downwards.The 14-period Average True Range on a daily chart is 0.00178, so the stop loss has been set at 1.62577. This stop loss order is a trailing stop that will move down as the market moves down. There is no profit target for this strategy. We expect to be closed by the stop loss.Tidal Shift is a trend trading strategy that aims to catch shifts in trend using trader sentiment as an indicator. The strategy looks to buy when the Speculative Sentiment Index reaches its lowest value for the past 145 trading hours, and looks to short when it reaches its highest value for the past 145 trading hours. Signal ID: 59094 Time Issued: Thursday, 27 September 2018 19:00:15 GMT Status: open Entry: 1.61466 - 1.6191 Limit: N/A Stop Loss: 1.62577 CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Short
by FXCM
2
Possible trend shift in CHFJPY – going shortThe Tidal Shift Strategy has just sold CHFJPY 0.18% at 115.983. The system recommends entering this trade at any price between 115.789 and 116.177. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at -4.051, which suggests that the CHFJPY 0.18% could be trending downwards.The 14-period Average True Range on a daily chart is 0.155, so the stop loss has been set at 116.758. This stop loss order is a trailing stop that will move down as the market moves down. There is no profit target for this strategy. We expect to be closed by the stop loss.Tidal Shift is a trend trading strategy that aims to catch shifts in trend using trader sentiment as an indicator. The strategy looks to buy when the Speculative Sentiment Index reaches its lowest value for the past 145 trading hours, and looks to short when it reaches its highest value for the past 145 trading hours. Signal ID: 59098 Time Issued: Thursday, 27 September 2018 21:00:17 GMT 0.65% Status: open Entry: 115.789 - 116.177 Limit: N/A Stop Loss: 116.758 CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Short
by FXCM
1
Possible trend shift in CHFJPY – going shortThe Tidal Shift Strategy has just sold CHFJPY at 115.983. The system recommends entering this trade at any price between 115.789 and 116.177. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at -4.051, which suggests that the CHFJPY could be trending downwards.The 14-period Average True Range on a daily chart is 0.155, so the stop loss has been set at 116.758. This stop loss order is a trailing stop that will move down as the market moves down. There is no profit target for this strategy. We expect to be closed by the stop loss.Tidal Shift is a trend trading strategy that aims to catch shifts in trend using trader sentiment as an indicator. The strategy looks to buy when the Speculative Sentiment Index reaches its lowest value for the past 145 trading hours, and looks to short when it reaches its highest value for the past 145 trading hours. Signal ID: 59098 Time Issued: Thursday, 27 September 2018 21:00:17 GMT Status: open Entry: 115.789 - 116.177 Limit: N/A Stop Loss: 116.758
Short
by FXCM
CHFJPY approaching support, potential bounce!CHFJPY is approaching our first support at 116.63 (horizontal pullback support, 100% Fibonacci extension, 61.8% Fibonacci retracement) and a strong bounce might occur pushing price up to our major resistance at 118.03 (horizontal swing high resistance, 61.8% Fibonacci extension). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding bounce in price should it react off this level. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Long
by Tickmill
1
GBPAUD approaching resistance, potential drop!GBPAUD is approaching our first resistance at 1.8113 (horizontal overlap resistance, 100%, 61.8% Fibonacci extension, 38.2% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 1.7918 (horizontal overlap support, 100%, 61.8% Fibonacci extension, 78.6% Fibonacci retracement). RSI (55) is also seeing a bearish exit and we might see a corresponding drop in price. Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Short
by Tickmill
1
AUDUSD corrects towards 0.7240/50, higher now ?The AUDUSD has corrected lower, as discussed on Friday. It is seen to be trading around 0.7250/52 levels at this point in writing and could drop to 0.7240/45 levels before turning higher again. Please note that 0.7243 is the fibonacci 0.382 support of the rally between 0.7140 and 0.7300 levels (not shown on the chart). Looking at the wave structure, AUDUSD could be well into wave 3 or C progress for now and if this should hold, prices are expected to remain above 0.7200 levels for now, and push higher towards 0.7370 levels going forward. We would like to maintain our stand towards the bullish side from here on. Disclaimer: This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions. It does not imply an obligation to purchase investment services, nor does it guarantee or predict future performance. FXTM, its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness of any information or data made available and assume no liability for any loss arising from any investment based on the same.
Long
by FXTM
Possible trend shift in CHFJPY – going longThe Tidal Shift Strategy has just bought CHFJPY at 116.766. The system recommends entering this trade at any price between 116.597 and 116.935. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at -6.572, which suggests that the CHFJPY could be trending upwards.The 14-period Average True Range on a daily chart is 0.135, so the stop loss has been set at 116.091. This stop loss order is a trailing stop that will move up as the market moves up. There is no profit target for this strategy. We expect to be closed by the stop loss.Tidal Shift is a trend trading strategy that aims to catch shifts in trend using trader sentiment as an indicator. The strategy looks to buy when the Speculative Sentiment Index reaches its lowest value for the past 145 trading hours, and looks to short when it reaches its highest value for the past 145 trading hours. Signal ID: 58947 Time Issued: Thursday, 20 September 2018 14:00:15 GMT Status: open Entry: 116.597 - 116.935 Limit: N/A Stop Loss: 116.091
Long
by FXCM
USDCAD Bounced Off Support, Prepare For A Further RiseBuy above 1.2969. Stop loss at 1.2937. Take profit at 1.3010. Reason for the trading strategy (technically): USDCAD bounced nicely off its support at 1.2969 (100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 1.3010 (50% Fibonacci retracement, horizontal pullback resistance). Stochastic (55, 5, 3) is bounced off its support at 3.5% where a corresponding rise could occur.
Short
by theforexarmy
GBPAUD Approaching Resistance, Prepare For A ReversalSell below 1.8256. Stop loss 1.8320. Take profit at 1.8172. Reason for the trading strategy (technically): GBPAUD is approaching its resistance at 1.8256 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance) where it is expected to reverse down to its support at 1.8172 (61.8% Fibonacci retracement, horizontal pullback support). Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected.
Short
by theforexarmy
Possible trend shift in CHFJPY – going longFXCM PLUS Trading Signals The Tidal Shift Strategy has just bought CHFJPY at 114.756. The system recommends entering this trade at any price between 114.594 and 114.918. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at -3.733, which suggests that the CHFJPY could be trending upwards.The 14-period Average True Range on a daily chart is 0.129, so the stop loss has been set at 114.109. This stop loss order is a trailing stop that will move up as the market moves up. There is no profit target for this strategy. We expect to be closed by the stop loss.Tidal Shift is a trend trading strategy that aims to catch shifts in trend using trader sentiment as an indicator. The strategy looks to buy when the Speculative Sentiment Index reaches its lowest value for the past 145 trading hours, and looks to short when it reaches its highest value for the past 145 trading hours. Signal ID: 58761 Time Issued: Tuesday, 11 September 2018 23:00:15 GMT Status: open Entry: 114.594 - 114.918 Limit: N/A Stop Loss: 114.109
Long
by FXCM