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Chfjpyshort

CHFJPYCurrently, the CHF/JPY index is experiencing a decline. This index represents the exchange rate between the Swiss Franc (CHF) and the Japanese Yen (JPY), and is one of the less traded currency pairs in the forex market. Various factors can lead to the decline of the CHF/JPY index, including economic, political, and global developments. For example, changes in interest rates, fluctuations in the stock market, and overall economic conditions of countries can all affect this index. If the CHF/JPY index is currently experiencing a decline, it may be due to various factors. For instance, unfavorable economic developments in countries with the CHF currency may drive investors away from this currency. Additionally, an increase in interest rates in countries that hold JPY currency can strengthen this currency against the Swiss Franc. To have a better understanding of the reasons behind the decline of the CHF/JPY index, it is necessary to pay attention to technical analysis of the forex market and relevant news. However, in general, a decline in this index indicates weakness of the Swiss Franc against the Japanese Yen and creates challenges for investors who hold assets related to the Swiss Franc or are engaged in trading with this currency. As with all forex trading, it is important to closely monitor market conditions and have a strong understanding of the underlying factors that can affect currency rates.
Short
by hyfx
CHF/JPY Looking For Short Opportunity CHFJPYAs we can see, the market is currently testing Fibonacci retracement to the 0.618 level. The 0.618 is also standing on a strong market structure of resistance which we can expect the market to reject in the short term. We will approach this trading opportunity by monitoring price action during the move to the upside as the market still has bullish momentum and as soon as the market shifts from bullish to bearish and meet our trading conditions we will enter a short. This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Short
by NCTrading
CHFJPY SHORTThe monthly time frame which represents our long-term outlook indicates a bearish outlook. We are witnessing a return to an old supply in the region of 147 price handles. Currently, we are witnessing a bullish correction targeting the 147-149 price handles. Once these regions are mitigated, we expect the bearish slide to resume targeting 127-135 regions. How do we intend to trade this pair? We have confluence presenting itself in the form of liquidity and fresh supply zones at 147.8-148.4. We are placing our sell limit order at 148.5 targeting 138.9 (conservative target). If the pair break structure at 137.6; 1. There is likely to be a bullish correction that will present additional sell limits. 2. The bearish slide will aggressively target the unmitigated zone of 127-132. We will update our outlook as the market continues to give us additional information. Kindly note our analysis is based on smart money concepts; supply and demand. Risk Warning: Trading Derivatives carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Derivatives may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: I am not a financial advisor and I am not telling you where or when to take a trade. I express my personal opinion only. Trading financial markets involve risk. I am not responsible for any losses incurred due to your trading. I do not recommend any specific trade or action, and any trades you decide to take are your own
Short
by morrisgitau
CHFJPY - Long active ✅Hello traders! ‼️ This is my perspective on CHFJPY. Technical analysis: As we can see here we are in a bullish market structure, so I am looking for longs. I expect bullish price action from this zone as price rejected from bullish order block + institutional big figure 142.000. Fundamental analysis: On Thursday 23rd of March we have news events on CHF. As well SNB planned to raise interest rate by 0,5% supported by a Press Conference after the display of the results. The raise of interest rate means strength of currency this could support our bullish price action. Like, comment and subscribe to be in touch with my content!
Long
by Snick3rSD
Sell CHFJPY SW 230223 13.15📌📌iDea Share Sell CHFJPY 📌📌 Link : 📍📍Open order 145.000 Sell lim 1 145.600 Sell lim 2 146.200 Sell lim 3 146.800 Sell lim 4 147.300 Sell lim 5 148.200 Tp 141.700 Sl 149.000 Warning !!! (Swing trade must be use pending orders) !!!Pending orders should be set up lot size step by step Example (15,000$) Open order 0.1 lot Sell lim 1 0.15 lot Sell lim 2 0.20 lot Sell lim 3 0.25 lot Sell lim 4 0.30 lot Sell lim 5 0. 40 lot Sell lim 6 (last order) = 0.1+0.15+0.2+0.25+0.3 = 1.1 lot Example (3,000$) Open order 0.04 lot Sell lim 1 0.05 lot Sell lim 2 0.06 lot Sell lim 3 0.07 lot Sell lim 4 0.08 lot Sell lim 5 0.10 lot Sell lim 6 (last order) = 0.04+0.05+0.06+0.07+0.08 +0.1 = 0.4 lot !!When any pending orders are open and the profits are covered by loss it is up to your decision.!!
Short
by Maximus_Provider