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JPY (Japanese Yen)

chfjpy falling today or thursday.This movement yes or if it must be fulfilled, the distance to the average of 20 daily periods is unsustainable without a correction. But be careful because the trend is strongly bullish. We will do like the gbpjpy pair, we will place a pending order but if it is not executed before 20h London time, we will remove it. Este movimiento si o si debe de cumplirse, la distancia a la media de 20 periodos diaria es insostenible sin una corrección. Pero tener cuidado porque la tendencia es fuertemente alcista. Haremos como el par gbpjpy, pondremos una orden pendiente pero si no se ejecuta antes de las 20h, hora de Londres, la quitaremos.
Short
by SGsauragestion
1
CHF/JPY Technical Analysis! BUY! My dear friends , This is my opinion on the CHF/JPY next move: The asset is approaching an important pivot point 151.302 Bias - Bullish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 154.074 Safe Stop Loss - 149.414 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
4
UPDATE 2 🔥 REVENGE TRADE: CHFJPY 🔥 REVENGE LONG TERM SHORT 🔥Analysis shows that the downtrend's anchor has been broken. To begin, it is essential to recognize that the downtrend anchor is an important indicator of market trends. Its success reveals a bearish mood in the market and suggests that the current downtrend may continue. Regardless of the confirmation, investors should proceed with caution and carefully assess their investment plan. Second, this is one of the most volatile Exotic Pairs in the forex market. Over the next few days and weeks, I'll be keeping a close eye on price action to confirm the market's trajectory and assist you in making educated guesses. This is a HIGHLY VOLATILE PAIR, and it is highly recommended that you manage your holdings to ensure that your investment choices are aligned with your own financial goals and risk tolerance. I typically invest 2% to 3% of my total income, with a risk-to-reward ratio of 1:1.
Short
by ProfessorCEWard
CHFJPY: Pullback for a month, then buy opportunityCHFJPY is an almost overbought 1D technicals (RSI = 69.922, MACD = 1.670, ADX = 65.369), rising non-stop since March 20th inside this 1 year Channel Up. The pattern is much like the June 29th 2022 top that after almost hitting Fibonacci 2.0, it pulled back to the 1D MA50 and resumed the rise to Fibonacci 2.618. Consequently, we are selling this pullback and once the 1D MA50 is hit, we reverse to buying (TP = 160.000). Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
by InvestingScope
Chf/Jpy (Update)The buy I posted followed the trend and ended up a perfect trade idea... The sell idea was a bad idea and I wanted to try to sell a pullback because it was just so high! Gbp/Jpy was the same!!! I really thought it would reverse!!! Im sorry if you lost on these trades!!! From now on , I will never post a reversal trade idea ever again and im not selling gbp/jpy or chf/jpy!!! Even if they start to fall... We need to follow the indicators so we can put the odds in our favor! Every trend following idea I posted worked yesterday!!! Every counter trend trade idea I posted did not work yesterday!!! So there you go!!!
by RlcTrading
Chf/Jpy needs a correction before becoming a sellOn The 15 Min Time Frame price is still in a uptrend. I would like to see a corrective move up on the 15 min time frame before pushing the sell button. So Chf/Jpy reached a area of resistance on Friday! It fell from that area of resistance. I believe it it will gap down at the market open , and immediately move back up most of the trading session to create a double top on the 15 min time frame. After this double top, I believe it will fall down sometime on May 1st..... This is my analysis only. From past knowledge and past experience , markets will usually make the correction before the big fall. So the plan would be to wait for the double top reversal pattern on the 15 minute time frame, and then look for the sell and wait for confirmation. So.... the plan is to wait!!!!
Long
by RlcTrading
3
CHFJPY is about to take off!Currency Pair : CHFJPY Possible direction : Bullish Technical Analysis : With the weakness in jpy, CHFJPY has merged with long term uptrend after grabbing liquidity from the daily and weekly support. Price is currently all time high and any time after little pullback we could see chfjpy may take off again to create new all time high level. Possible trade recommendation : Bullish as per sketch Press like button if you enjoy. Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and is not suitable for all investors. Past performance is not indicative of future results. The high degree of leverage is dangerous and can work against you as well as for you. Before deciding to invest in foreign exchange or any market you should carefully consider your investment goals, level of experience, and risk tolerance. It is EXTREMELY LIKELY that you will sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, and Forex Trading Wizard. Do your own research and talk to a professional financial planner in order to be aware of all the risks associated with foreign exchange trading and investing and seek advice from an independent financial advisor before risking any capital.
Long
by ForexWizard01