CHFJPYCHFJPY has just went down due to the negetive results of the SNB Policy Rate, we saw that price respected the fair value gap below 2 imes and we are also below the true day open this might be the low of the day because price might drive straight above the true day openLongby BigBenCapitals4
CHFJPY - BUY - It's Not Gona Stop + 80 pips Today, June 20, 2024, the Swiss National Bank (SNB) announced a reduction in its policy interest rate from 1.50% to 1.25%. This decision reflects concerns about slowing economic growth and inflation pressures. The rate cut is intended to stimulate economic activity by making borrowing cheaper, which can boost spending and investment. Key points regarding the SNB's rate cut: Economic Growth Concerns: The SNB's decision to lower rates indicates ongoing concerns about the Swiss economy's growth prospects. Lower interest rates are designed to encourage borrowing and investment, which can help boost economic activity. Inflation Management: The rate cut also aims to address inflation dynamics. By reducing interest rates, the SNB hopes to counteract deflationary pressures and ensure inflation remains within the target range. Currency Impact: The rate cut is likely to weaken the Swiss franc, making Swiss exports more competitive. A weaker currency can help boost the export sector, which is a significant part of the Swiss economy. Global Context: This move aligns with actions taken by other central banks facing similar economic challenges. Lowering rates is a common monetary policy tool used to stimulate growth and manage inflation. Return to previous Level 90% S/R Long Tern Daily Monthgly since 2020 - UP For more details, you can check the SNB's official announcement and Investing.com analysis. Longby NZ_Shareman2
SWISS ABOUT TO REVERSE? CHFJPYTomorrow morning there are important news regarding Swiss interest rates. I was looking for a good setup on a CHF pair, and CHFJPY looks good for a short. I think we could see a bullish spike to liquidate shorts, then it can reverse and drop touching the main support zone at 177.00Shortby SaliJournal1116
How Forex Pairs Correlate With Each Other And How To Trade ItForex pairs correlate with each other if they are closely linked. They also correlate with economic climates and commodities. Understanding this allows you to reduce exposure in one direction in your portfolio and diversify for safety. Here's how.08:11by WillSebastianUpdated 3
CHFJPYCHFJPY If the price cannot break through the level of 178.880, it is expected that in the short term the price has a chance to go down. Consider selling in the red zone.Shortby Serana23242213
Market Overview Part 11Me Going Over My Full Strategy In Great Detail. From My Point OF View! Education19:36by Tradelord122
CHFJPY I Yen remains weak however expect a potential pullback Welcome back! Let me know your thoughts in the comments! ** CHFJPY 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!Welcome back! Let me know your thoughts in the comments!Short05:03by BKTradingAcademy5523
chfjpy currently on chfjpy price has just took out the previous daily high and came back inside the range, now we are waiting for the distribution to the downside to take out the previous daily lowShortby BigBenCapitals4
CHF JPY due for a pullback?Hi guys, The CHF JPY has again made a strong move to the upside, as it has been doing for the best part of two years now. Price is heading towards an area where we may get the chance to find some LTF sell setups. The dashed black line above the chart represents the 1.27 retrace of the latest swing low to high daily and previous swing low to high daaily... i.e the last two correction lo to hi retracements of 1.27 and 2.0 respectively, which both are pretty much at the same price level. There is also a harmonic butterfly bearish pattern that will be complete at 1.27 retrace point, coinciding with the fib price levels. The CHF JPY is also showing big divergence on RSI heading into this area and is pretty well extended from all its key MA's ( The MA's on the chart are the 20 50 and 200 daily MA's.) Waiting for a trendline break or double top, engulfing candle etc on LTF or a lower low on RSi and retest of downward trendline could present with nice risk to reward trade from this level. Safe trading all.Shortby elyask1201
CHFJPY Trend Continuation Trade - 2nd EntryCHFJPY Trend Continuation Trade - 2nd Entry 1. Weekly Uptrend 2. Nice bullish candles build-up 3. Structure HH-HL-HH-HL 4. Trend Following Indicator confirmation 5. BUY/SELL Indicator confirmation 6. Strong CHF Environment 7. 2% Risk, Nononsense Trade Management - VP THANKS! 8. 1,5 Daily ATR Stop Loss 9. 1 Daily ATR Take Profit and then Break-even 10. Exit on reverse candle/exit indicator signal/Break of StructureLongby Marteyfx2
CHFJPY Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)Shortby ShahedZare3
CHFJPY DOUBLE TOP PATTERNCHFJPY has formed double top pattern short entry can be taken once it break the neck line.Shortby kashif199914
CHFJPYCHFJPY is showing Bearish divergence Along with double top place a sell as it will break its Last HL WITH Trendline Shortby Trade_WithOsamaUpdated 5
CHFJPY second entery shortSecond Entery short for CHFJPY, the same idea, at the moment the pair is showing lower low and Lower High, 3 Head. It can be a great indication for shortShortby longgoUpdated 3
CHFJPY: Bears Will Push The price of CHFJPY will most likely collapse soon enough, due to the supply beginning to exceed demand which we can see by looking at the chart of the pair. ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals223
CHFJPYCHFJPY price is in a strong resistance zone. 175.386-175.893 If the price cannot break through the 175.896 level, it is expected that there is a chance that the price will fall. Consider selling in the red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!Shortby Serana23249
CHFJPYThe CHF/JPY price is displaying a short-term bearish move on the 4-hour timeframe, forming a rising wedge pattern. We plan to enter a sell position after the wedge breakout, targeting the level where resistance turns into support, aligning with the completion of the Elliott Wave 4. Upon observing a bullish rejection at this key level, we will then enter a long-term buy position.by forex_info2
CHF/JPY SELLERS WILL DOMINATE THE MARKET|SHORT Hello,Friends! The BB upper band is nearby so CHF-JPY is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 173.688. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 447
CHFJPY 150+ pip sellsPrice is extremely overall market sentiment is bearish bulls getting weaker I expect a pullback to the support level on the chart.Shortby EleazarahmathUpdated 19
CHFJPYyesterday i though the price will be continue bullish but when the price already reject the resist, now i saw a wedge pattern i don't know it happen or not i just share my idea here, wanna see what next disclaimer i just learn something this is not a signal this is just a speculation be smart thanksShortby dorissim113
CHFJPY - STRONG BULL !!longtime sideway and now going to break the resist! mean while this price will be continue UP UP UP !! disclaimer this is not a signal be smart i just share my idea , because this pattern always repeat is self. Longby dorissimUpdated 112
Market Overview Part 8Me Going Over My Full Strategy In Live Markets Detail By Detail Education20:00by Tradelord120