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CHFJPY

Buying Trend Continuation on CHFJPY. The Swiss Franc/ Japanese Yen pair appear to be on a strong bullish direction since September 2016. However, since January 2023, we can see a steeper and stronger bullish pressure on the pair. The CHF/JPY pair is currently trading in a swing Premium level, and has been for months, but while we predict that the pair should sell, Fundamentals has also been adding to the massive gain in the CHF pair. Our confluences for a Bullish trend continuation include: 1. HTF bullish trend. 2. FVG range (146.402-149.287) is unbroken, but instead acts as a SUPPORT LEVEL. 3. Price hasn't still reached our main Point of Interest (POI, which is at 158.520). 4. Price is currently at Equilibrium on the Daily chart. Therefore, we are expecting a consolidation on the 50% level, before an expansion towards 155.583. Let's be expectant between today and Friday.
Long
by preciousjames517
CHFJPY ____ INCOMING BEARISH MOVEHello Guys, We have on our hands a sweet sell opportunity to capitalize on. CHFJPY recently reached an expected high which price is meant to ease the bullish rally. What we can see on the daily is a manipulation of buyers to go long then the sellers jumped in. Now I am expecting the price to continue the short selling after entering into the daily order block which should give price momentum to create another bearish leg. Once the price gets into the daily order block again, I will be looking for CHOCH to go short to my TP. Follow me for more trade analysis. Cheers, David
Short
by jabariofafrica
CHFJPY - Bullish price action ✅Hello traders! ‼️ This is my perspective on CHFJPY. Technical analysis: Here we are in a bullish market structure from 4H perspective, so I expect continuation of bullish price action as price rejected from bullish order block from discount zone. I see price to make new higher high. Fundamental analysis: Tomorrow we have news on CHF, will be released monthly CPI which is forecasted to increase. If the result will be like forecasted it will support our analysis Like, comment and subscribe to be in touch with my content!
Long
by Snick3rSD
10
CHFJPY - FINALLY WE HAVE A LONG SETUPOn CHFJPY, the market is forming a long setup following the Forex48 strategy. The setup is around 153.15, where we have a strong demand zone created on May 18th. Therefore, I expect a retracement at this level before entering a long position with a target of 155.40. There is a supply zone at that level, and the price may even break through it to continue the upward momentum. Let me know what you think. Happy trading to everyone. ❤️Please, support my work with like, thank you!❤️
Long
by Forex48_TradingAcademy
CHFJPY: Buy this pullback on the 1D MA50.CHFJPY is trading inside a Channel Up for the past 12 months and currently pulling back after touching the 2.0 Fibonacci level. With the 1D time frame technically neutral (RSI = 53.315, MACD = 1.420, ADX = 33.250), the closer the price gets to the 1D MA50, the stronger of a buy opportunity it becomes. The fractal of July-August 2022 indicates that the next HH of the Channel Up should be on the 2.618 Fibonacci level at 160.000. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Long
by InvestingScope
3
CHFJPY - 4hrs ( Sell Trade After Break / Tp Range 250 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 After Break Out With 4hrs Candle ) Type : Mid Term Swing ——————————— 🔰Bearish after Break 153.650 Area Reasons - Major Turn level / D - Reversal Pattern / Candle Stick - Month High Area - Fibo Golden - Fixed range lvn / Value 🔰Bullish Reversal 150.600 Area Reasons - Major Turn level - Visible Range Lvn - Quarter's Area - Pattern Target - FIbo Golden
Short
by GoldenEngine
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 After Break Out With 4hrs Candle ) Type : Mid Term Swing ——————————— 🔰Bearish after Break 153.750 Area Reasons - Major Turn level / D - Reversal Pattern / Candle Stick - Month High Area - Fibo Golden - Fixed range lvn / Value 🔰Bullish Reversal 150.600 Area Reasons - Major Turn level - Visible Range Lvn - Quarter's Area - Pattern Target - FIbo Golden
Short
by GoldenEngine
Why we may soon see some JPY strengthThe JPY is undervalued... Unlike other global economies, Japan is not facing an inflation crisis or below 50 PMI figures. The Yen has also been victim to some large bearish moves over the last few years, which are due a retrace move. In my opinion, it is starting to look like a good buy from both a fundamental and technical point of view. As a safe haven currency, it could also see some strength with the nearing Western recession, if the recession ever comes! All is not roses, though. GDP growth is low and unemployment is too low... There is also the issue with the BOJ's currently monetary policy. The challenge is, which pair do you short? The JPY against the EUR or GBP is a strong fundamental trade, but the swap rates will eat away at profits on any long-term trade. The CHFJPY has a move attractive swap, though still negative, but you then lose the safe haven bias of trading both the CHF and JPY. Speaking of CHFJPY, price has just broken a possible turnaround area on the 1 hour chart, which could be a signal of some coming JPY strength and ***JPY downside. For longer-term trades, perhaps a Yen ETF or currency index trade is best... AMEX:YCL AMEX:FXY OANDA:CHFJPY
Short
by Samuel_Morton_Trader
USDJPY I Positive US debt ceiling talks and weekly outlookWelcome back! Let me know your thoughts in the comments! ** USDJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Long
by BKTradingAcademy
4