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JPY (Japanese Yen)

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
CHFJPY Breakout and potential retraceHey Traders, CHFJPY was trading in an uptrend and then massively managed to break it out due to JPY strength. one of the reason of the Yen strength is the major changes in monetary policy that are expected from BoJ since it didn't changed the monetary policy from a long time since now. and considering that also JPY is considered a safe haven in this type of environment we still expect further strength. Technically we have noticed a breakout of the uptrend so i will be monitoring a potential retrace of the trend around 145 support and resistance zone. Feel free to ask any question in the comment section. Trade safe, Joe.
Short
by JoeChampion
4
CHFJPY - 4hrs ( Sell Trade After Retest / Tp Range 350 : 700 PIP💲Pair Name : CHF/JPY 🗨Time Frame : 4hrs ➕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 Retest 145.000 Area Reasons 🔘- Major turn level 🔘- Visible Range poc 🔘- Fixed Range Value 🔘- Day low / week Low 🔘- Channel Retest 🔘- Fibo Golden 🔰Profit Gain's Area Bullish Reversal 141.500 Reasons 🔘- D / turn level 🔘- Fibo Golden 🔘- 3 Q / H 🔘- 2 Q / Q H 🔰Bullish Reversal 137.500 Area 🔘- Major Turn level 🔘- Month low 🔘- Pattern Full Range 🔘- Fibo Golden
Short
by GoldenEngine
1
HK33 looking for a limited rally?HS50 - 24h expiry - We look to Sell at 19820 (stop at 20150) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. A higher correction is expected. The medium term bias remains bearish. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Further downside is expected although we prefer to sell into rallies close to the 19820 level. Our profit targets will be 18880 and 18680 Resistance: 19650 / 20850 / 22790 Support: 18680 / 17710 / 16330 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:HK33HKDShort
by OANDA
Potential Long Opportunity on CHFJPYPrice action context clues have printed an opportunity for reversals to the upside within this zone that it is currently dropping into. If price action begins to show exhaustion at this level, then a reversal could be likely to happen. Exhaustion presents itself when you see wicks into the are but there are no candles breaking the level. Multiple wicks into an area that you have mapped out as a trade entry further validate your analysis and you should take the trade. Liquidity is being sucked from that area for a move to the opposite way. Wait for multiple wicks into your area of interest before you decide to pull the trigger for you trade. Manage your risk and keep a cool head no matter the outcome of the trade. Winning streaks can create ego, recklessness and over confidence, losing streaks can create fear, timidness, uncertainty, and hesitancy. Believe in yourself, trust your analysis and maintain zen in your life on and off the charts for best results. Happy trading!
Long
by jefferytheartist