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CHFJPY

CHF/JPY Strong Multi Bullish TrendsLong Term Trend Bullish Mid Term Trend Bullish Short Term Trend Bullish 6D Bar Chart Bullish CHF/JPY Technical Analysis Moving Averages:STRONG BUYBuy ( Technical Indicators:STRONG BUY Name S3 S2 S1 Pivot Points R1 R2 R3 Classic 151.80 151.90 152.01 152.11 152.23 152.32 152.44 Fibonacci 151.90 151.98 152.03 152.11 152.19 152.24 152.32 Camarilla 152.07 152.09 152.11 152.11 152.14 152.16 152.18 Woodie's 151.80 151.90 152.01 152.11 152.23 152.32 152.44 DeMark's - - 152.06 152.13 152.27 - - Moving Averages MA5 152.05 Buy 152.09 Buy MA10 151.98 Buy 151.99 Buy MA20 151.82 Buy 151.89 Buy MA50 151.75 Buy 151.73 Buy MA100 151.58 Buy 151.80 Buy MA200 152.13 Buy 151.67 Buy Name Value Action RSI(14) 69.405 Buy STOCH(9,6) 52.801 Neutral STOCHRSI(14) 100.000 Overbought MACD(12,26) 0.100 Buy ADX(14) 61.492 Buy Williams %R -3.847 Overbought CCI(14) 298.5981 Overbought ATR(14) 0.1507 Less Volatility Highs/Lows(14) 0.2454 Buy Ultimate Oscillator 65.464 Buy ROC 0.296 Buy Bull/Bear Power(13) 0.5500 Buy Fundamentals of the Swiss Franc Whether a currency is strong or weak often depends on what the country’s or jurisdiction’s leading policymakers want it to be. This is largely within the purview of monetary policy run by the central bank who can influence this. In the case of Switzerland, the Swiss National Bank (SNB) wants a weak franc. It is doing this because it wants to boost inflation to rid the country of its deflationary problems that have plagued it for the better part of the past decade. So, why is deflation bad? If monetary policy is run with a deflationary bias, this means you will run an economy that never runs into its capacity constraints – e.g., “full employment”. Some amount of inflation will always be present when this is achieved because of structural flaws in our economic system stemming from imperfect competition, such as monopoly, duopoly, and oligopoly. Therefore, some amount of inflation will always be present when full employment is truly reached. This is why inflation targeting as a central bank mandate is a no-brainer. When an economy doesn’t achieve full employment it won’t maximize output. Unemployment as a whole will be high, because companies rarely cut nominal wages. Instead, they tend to lay off labour. People won’t earn as much income accordingly. Spending will decline, cash hoarding will become more common, and GDP – in developed economies, consumption is the majority of GDP – will contract and living standards will decline as a direct result. Deflation produces permanent economic anaemia as not enough money and credit are being spent on goods, services, and financial assets. These cycles tend to be self-reinforcing. Lower incomes lead to lower spending, which leads to lower capacity to borrow, which produces even lower incomes and spending and overall output in a downward spiral. Equity markets will remain below their peak with declining incomes and contractive (or insufficiently expansionary) monetary policy. Japan’s deflationary problems that have persisted for nearly three decades has left the country with a stock market that is still approximately 42% below its 1989 peak. This is obviously not good for domestic wealth. The Swiss National Bank’s Effect In the hope of permanently fixing Switzerland’s deflationary problems, the SNB has resorted to negative interest rates. This can seem counterintuitive because it means that the buyer has to pay in order to hold short-term debt. In deflationary environments, it can make sense to hold a negative yielding bond if your real (inflation-adjusted) return is positive. In other words, if the negative rate on the bond is higher than the rate at which prices are declining on goods and services in the economy. It also serves as an incentive to get economic actors to put their money into riskier assets to increase collective returns and create a “wealth effect”. Theoretically, this should also boost spending and investment behaviour. The SNB’s primary rate-setting mechanism, the SARON (Swiss Average Rate Overnight), is minus-75bps and overnight CHF LIBOR is minus-78 to minus-80bps. This helps stimulate outflows (exports) by working to make the currency cheaper. The Swiss franc becomes less desirable when its rate of return – and the rate of return of the assets that are denominated in francs – is not attractive. The SNB also does their quantitative easing (asset buying) program much differently than the US Federal Reserve, European Central Bank, and Bank of Japan. Instead of buying domestic assets, the SNB buys outside assets, such as US large cap stocks, to push out liquidity and weaken the franc. When you buy domestic assets, this has the effect of increasing the value of the currency because these assets are what create demand for it. The SNB is doing the reverse process. As an antidote to the SNB’s moves, traders largely recognize that Switzerland is in relatively solid shape economically. It has a fiscal surplus and large current account surplus. It also has low indebtedness, high wages, and high GDP per capita. This makes the Swiss franc in demand as it is a structurally sound currency. In strong global economic environments, the franc is often used by traders as the short leg in buying currencies with high interest rates. This is called carry trading. This borrowing dampens demand for it because it is in effect being sold, which decreases its price. But when the market is weak you often see strong buying activity in the franc because traders unwind their carry trades. These types of trades often involve being long a riskier asset or currency. The most broadly helpful thing to know about the fundamentals of the Swiss franc is that it serves as a safe haven currency. This is because its low interest rates make it attractive to borrow in, and covering these borrowed funds during periods of market turmoil means buying activity will take place. Therefore, many consider the Swiss franc as a market hedge, similar to gold, or else a basic way to diversify a portfolio. In good times, you will typically see it appreciate relative to positive-carry assets, such as currencies like the Australian dollar (AUD) or the emerging market equities example. These rates of depreciation in the franc will generally be of a steadier magnitude than the sharp rates of appreciation during market weakness, given contractions tend to be much swifter and volatile than good economic periods.
Long
by DaveBrascoFX
3
CHFJPY Will Move Lower! Sell! Please, check our technical outlook for CHFJPY. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 162.520. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 158.758 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
4
CHFJPY - 4hrs ( Sell Trade Target Range 300 PIP ) Pair Name : CHF/JPY 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( Short ) Type : Mid Term Swing ——————————— Bearish Reversal 163.000 Area Reasons - Major Turn level - Visible Range Hvn - inner Choch Area - Fibo Golden Bullish Reversal 160.000 Area Reasons - Major Turn level - visible Range Value - 4hr / D choch Area - Quarter's Area - Fixed Range Lvn
Short
by GoldenEngine
4
🔥 MODIFICATION: CHFJPY 🔥 POSITION TRADE 🔥Being that Price Action (PA) continues to go long, please manage your trades as we take the risk of shorting it from here. SSO1 @ 158.50 ⏳ SSO2 @ 152.60 ⏳ TP1 @ 141.33 (shaving 25%) TP2 @ 131.85 (shaving 25%) TP3 @ 124.90 (shaving 25%) TP4 @ 114.15 (closing ALL Sell Orders) BLO1 @ 111.55 ⏳ BLO2 @ 105.25 ⏳ WE ARE A COMMUNITY BOOST a trade idea to share with others and "pay it forward" FOLLOW to receive alerts of any new posted ideas COMMENT with questions, insight, and expertise JOIN our group chat: receive free analyses on any instrument
Short
by ProfessorCEWard
1
CHFJPY H4 | Potential Bearish reaction off Fibo confluences?Based on the H4 chart analysis, we can see that the price is raising towards our sell entry at 163.61, that aligns with 61.8% Fibo Projection and 161.8% Fibo extension level indicating Fibo confluence. Our take profit will be at 161.59, which is a pullback support level. The stop loss will be set at 165.35, which is just above 78.6% Fibo expansion level. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of third party provider). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Name of third party provider. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Forex Capital Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% 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. FXCM EU LTD (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% 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. FXCM Australia Pty. Limited (www.fxcm.com): ** Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com FXCM Markets LLC (www.fxcm.com): Losses can exceed deposits.
Short
by FXCM
CHFJPY H4 | Potential react off Fibo level?Based on the H4 chart analysis, we can see that the price is raising towards our sell entry at 163.58, that aligns with 61.8% Fibo Projection and 161.8% Fibo extension level indicating Fibo confluence. Our take profit will be at 161.57, which is a pullback support level. The stop loss will be set at 165.23, which is just above 78.6% Fibo expansion level. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of third party provider). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Name of third party provider. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Forex Capital Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% 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. FXCM EU LTD (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% 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. FXCM Australia Pty. Limited (www.fxcm.com): ** Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com FXCM Markets LLC (www.fxcm.com): Losses can exceed deposits.
Short
by FXCM
CHF/JPY Under Pressure! SELL! My dear subscribers , CHF/JPY looks like it will make a good move, and here are the details: The asset is approaching an important pivot point 160.971 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 160.279 Safe Stop Loss - 161.395 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
2
CHFJPY - 4hrs ( Sell Trade Target Range 240 PIP ) Pair Name : CHF/JPY 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( Short ) Type : Mid Term Swing ——————————— ☄️Bearish Reversal 160.600 Area -Reasons - Major Turn level - Visble Range hvn - Choch Area - Fixed Range poc ☄️Bullish Reversal 158.000 Area -Reasons - Major Turn level - Visible Range Hvn - Pattern Full Target - Choch Area
Short
by GoldenEngine
1