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JPY (Japanese Yen)

AUDJPY BULLISHAUD/JPY appears poised for a bullish breakout, supported by key technical indicators and chart structures. Price action has reclaimed a significant liquidity zone, indicating strong buyer interest and the absorption of supply. A confluence of dynamic support from an ascending trendline and the 50-day EMA further reinforces the bullish setup. On higher timeframes, a recent liquidity sweep at a key low has been followed by a strong rebound, signaling that sellers may be trapped and the market could pivot higher. A break above the recent market structure high could trigger stop orders, driving momentum toward the next major liquidity cluster. Increasing volume and momentum will be key to confirming this potential upward move. + testing inferior KL, aiming for higher ones
Long
by edl75
CHFJPY Will Go Down! Sell! Here is our detailed technical review for CHFJPY. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 172.362. Considering the today's price action, probabilities will be high to see a movement to 171.702. 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
1
SELL view on CHFJPYSelling CHF/JPY could be based on several macroeconomic and technical assumptions. Here’s a rationale based on both real-world factors and potential market dynamics: 1. Swiss National Bank (SNB) Policy Monetary Policy Divergence: If the Swiss National Bank (SNB) maintains a dovish stance, perhaps due to concerns about inflation being too low or economic growth faltering, it may continue to hold interest rates lower for longer or engage in monetary easing. This could weaken the Swiss franc (CHF), making CHF/JPY a good candidate for a sell. Interventions: The SNB is known for intervening to prevent excessive CHF appreciation, especially since a stronger franc can hurt Switzerland's export-dependent economy. This intervention could lead to CHF depreciation, favoring short positions. 2. Bank of Japan (BoJ) Shift Potential Policy Shift: If the Bank of Japan (BoJ) signals a shift away from its ultra-loose monetary policy—possibly by reducing bond purchases or raising rates slightly—this would support a stronger yen (JPY). Recent inflation pressures in Japan have prompted discussions about tighter policy, which could drive yen appreciation. Inflation and Wages: Japan has seen modest inflation, driven by rising wages and cost-push inflation, which could encourage the BoJ to adjust its policies more aggressively in the future, strengthening JPY. 3. Risk Sentiment and Safe Haven Flows Shifts in Global Risk Appetite: Both CHF and JPY are considered safe-haven currencies, but JPY tends to outperform CHF in times of heightened risk aversion, especially with Asian investors and markets playing a larger role in global trade. A sudden rise in geopolitical tensions or market risk could favor the yen over the franc, creating downward pressure on CHF/JPY. 4. Technical Analysis Overbought Conditions: If CHF/JPY has been in a prolonged uptrend and technical indicators such as the Relative Strength Index (RSI) or MACD suggest overbought conditions, this could signal an upcoming correction or reversal, making it a good time to sell. Resistance Levels: Price approaching a strong resistance level, where CHF/JPY has previously reversed, might be another technical signal to initiate a sell trade. Combined with weak fundamentals, this could increase the likelihood of a pullback. 5. Switzerland’s Economic Slowdown Slower Economic Growth: If Switzerland’s economic indicators, such as GDP growth, export performance, or business confidence, show signs of slowing down, it may reduce demand for the franc as investors anticipate lower returns or a more stagnant economy. 6. Japanese Trade Surplus Strength in Japanese Exports: Japan's trade balance has been improving, driven by strong exports, especially in high-tech and automobile sectors. A growing trade surplus supports JPY strength, which could pressure CHF/JPY downward. By combining these factors—particularly monetary policy divergence, risk sentiment, and potential technical signals—a sell position on CHF/JPY could be strategically viable.
Short
by ForexCompany
CHFJPY - Downside move !!Hello traders! ‼️ This is my perspective on CHFJPY. Technical analysis: Here we are in a bearish market structure from daily timeframe perspective, so I look for a short. I expect bearish price action after price filled the imbalance and rejected from bearish OB. Fundamental news: Upcoming week on Thursday (GMT+2) we will see results of Interest Rate on CHF. News with high impact on currency. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
CHF/JPY confirmation with entering ascending channelHi dear investors, our next opportunity that we would look into is the CHF/JPY, with it's past attemp to touch the strong support level , there has been a lot of support which came from buyers which pushed the pair into an ascending channel, the lower Strong Support level was not able to be touched this is why we are seing a trend reversal. The RSI recently got out of the 30 level and we would set up our targets into the upper level of the RSI at the 51 and 60 marks. Entry : 169.550 Target 1 : 170.630 Target 2 : 171.810 SL level : 168.155 When target 2 is reached we would look for additional confirmations so we can set up our 3rd target at the level of - 174.06 As always my friends happy trading! P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my channel so you can follow up with me in private!
Long
by DG55Capital
CHFJPY: Bearish wave of Channel Down unfolding.CHFJPY is bearish on its 1D technical outlook (RSI = 41.014, MACD = -1.180, ADX = 47.694) as it is more than halfway on the new bearish wave of the 5 month Channel Down. Having crossed under both the 1D MA50 and MA200, the 1D RSI appears to technically be on a level much like the July 25th rebound. This indicates that we are on an ideal sell entry. Short and target (TP = 164.300) the full -7.43% extension (the decline of the July-Aug bearish wave). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Short
by InvestingScope
1
CHFJPY expected to bottom soon. Unique long-term buy opportunityThe CHFJPY pair has been trading within a long-term Channel Up pattern for more than 2 years (since the September 22 2022 High). More recently on September 16 2024, the price bottomed on its Higher Lows trend-line and the subsequent rebound to the 0.786 Fibonacci retracement level, initiated a new pull-back that broke yesterday below its 1D MA200 (orange trend-line). This is identical to the Channel's previous bottom formation in January 2023. The rebound that followed also got rejected near the 0.786 Fib and retraced all the way to the 0.236. Then it started a relentless Bullish Leg all the way to the 2.0 Fib extension. Even the 1W RSI sequences between the two fractals are identical and we are at the point where the RSI is about to break below its MA and give the buy signal. As a result, we turn bullish on the CHFJPY pair, targeting 188.000 (near the top of the Channel Up). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
1
CHFJPY Technical Analysis! SELL! My dear friends, CHFJPY looks like it will make a good move, and here are the details: The market is trading on 176.03 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 175.18 Recommended Stop Loss - 176.55 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
2