CHFJPY: Great Trading Opportunity CHFJPY - Classic bearish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Sell CHFJPY Entry - 172.17 Stop - 173.10 Take - 170.70 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals111
buy chfjpy Breakdown of its corrective downtrend and break the previous peak, the target of the previous peak and close to the pivotLongby Central-Forex-Signal1
✅CHF_JPY BREAKOUT|LONG🚀 ✅CHF_JPY broke the key Horizontal level of 171.900 Which is now a support so We are bullish biased and We will be expecting a Further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅Longby ProSignalsFx223
CHF/JPY For Bullish For Swing Tradeyou can go long now or wait for break current channel at red arrow and go long with retest - JPY is Weak - CHF will retest strong resistance at target 2 as swing may be next week have fun :)Longby maxbayne0
CHFJPY NZD GBP already hit all time high where it was originally a few weeks ago before intervention. All jappy pairs are coreleated so they should all get there eventually Based on the correlations data from Myfxbook, here are the percentage correlations of NZD/JPY with other JPY pairs on a daily timeframe: AUD/JPY: 76.1% CAD/JPY: 89.2% CHF/JPY: 87.0% EUR/JPY: 74.8% GBP/JPY: 72.6% USD/JPY: 92.7% These correlations indicate how closely the movements of these pairs align with NZD/JPY. Higher percentages mean stronger correlations, suggesting that these pairs tend to move in similar directions. by NZ_Shareman1
Potential Bullish IdeaIt looks like the market is in a wave 4 (triangle) of the potential up trend with what looks like an impulse. Upon breaking the upper line of the potential triangle (correction), it will add more confluence to our plan. As it stands, we're looking for upward movement with this instrument. If one is to engage with it, make use of your trading tactics including RM, RRR and never forget your SL because, it will keep you longer in the market.Longby Evaristos332
CHFJPY → Trade Analysis | SELL SetupCHFJPY is creating symmetrical triangle and is moving in a descending channel near the upper boundary. The volatility of the price movement decreased when approaching the channel boundary. Price is approaching the previous high, where the market dropped. Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity CHFJPY I still did my best and this is the most likely count for me at the moment. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝Shortby TheGrove558
CHF-JPY Potential Short! Sell! Hello,Traders! CHF-JPY is going down Now as the pair is making A bearish pullback from the Horizontal resistance of 171.940 And I believe we will see The price go further down To retest the horizontal Support below at 170.900 Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too! Shortby TopTradingSignals113
CHFJPY- Price pushing further up?CHFJPY is in bullish trend Currently in a range making bullish rectangle continuation pattern Bounced from .382 fib level AB=CD harmonic pattern suggest further up rally. No divergence observed Longby arsalankhan93942
CHFJPY Is Very Bearish! Short! Please, check our technical outlook for CHFJPY. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 171.662. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 168.922 level. 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!Shortby SignalProvider112
CHFJPY Sell opportunity.The CHFJPY pair is trading on a Falling Wedge pattern, which every time it formed within the long-term Channel Up, it was followed by a sharp decline. The last one hit the 1D MA200 (orange trend-line), which has so far held twice, rendering it the new Support level. Notice that all those tops, had a similar 1D MACD structure. As a result, we turn bearish on the short-term on CHFJPY, targetng 169.000 (1D MA200). ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Shortby TradingShot5
CHFJPYYen is building up strength across all pairs..... rally south will be seen alot. Shortby Mntungwa873
CHFJPY -Bullish rectagular BoxAfter breaking away from dwon trend the pair made a new HH and currently in sideways movement. A long entry can be taken at at breakout of the rectangular pattern box.Longby kiki_crypto1
CHF JPYShort idea today Liqudity levels Short structure CHF weak I looking price 171.300 for start trade SL 171.700 TP 170.000Shortby teriforexpremiumUpdated 2
CHFJPY - SELL CHF Looking Weak Appear to be selling off pretty hard on my Excel Chart CPM Extended CHF weak against JPY Trends usually last 2 - 3 weeks max from what i have ever observed This would be 3rd week Traders 20pips above 1187 pips below 1st Target for me 210 Shortby NZ_Shareman8
CHFJPY IDEAThis is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify anyby akmalsabran903
CHFJPY MAY 2024 WEEK 4 OUTLOOK - Daily - **171.316** is the price point I am looking at. if EOD price holds above it, I will look to buy. Origin - unclear. there is resistance on both ends of the spectrum here so if over here price holds above **171.769** then I will look to enter longs. Longby Osiris9921
CHF/JPY SENDS CLEAR BEARISH SIGNALS|SHORT Hello,Friends! CHF-JPY uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 169.201 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the CHF/JPY pair. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 228
CHFJPY-BEARISH-TRENDChfjpy is in bearish trend as it is printing lower highs and lower lowsShortby FazalSiyal112
CHF/JPY SENDS CLEAR BULLISH SIGNALS|LONG Hello,Friends! We are now examining the CHF/JPY pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 171.852 level. ✅LIKE AND COMMENT MY IDEAS✅Longby EliteTradingSignalsUpdated 112
chfjpyOn CHFJPY the market has just retested the daily inverse fair value gap, and price closed above them, and now we are waiting for a bull run to the upsideShortby BigBenCapitals1
DeGRAM | CHFJPY breakout at reduced volatilityCHFJPY is moving above the ascending channel and trend lines. Volatility has decreased. The chart tentatively broke the channel and reached the resistance level. We expect a pullback. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!Shortby DeGRAMUpdated 559
YIELD DIFFERENTIALS IN CHFJPYSince Yields are the Fundamentals Drivers of Currencies, currently looking at the yield differential between CHF and JPY. You can see that the 2-year and 10-year yield differentials are already falling heavily in favor of JPY, so you could see aggressive pricing in the pair. The risk that i see is jpy interest is lower than chf and the volatility is very low which is good for carry trades, so when volatility picks up in the broader market than this pair could really move until then we need to be careful with this and watch what Bank of Japan does with the interest rates. For me, i would be selling on the rallies up into nice technical levels and manage risk. Shortby AllJammaster2