Chfjpyanalysis
CHFJPY I Potential to correct lower but will go up short-termWelcome back! Let me know your thoughts in the comments!
** CHFJPY Analysis - Listen to video!
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DeGRAM | CHFJPY market consolidationCHFJPY is trading in the ascending channel. There is a high chance that the price will breakout.
The market is consolidating if you look at the 4H chart. It created a bullish harmonic pattern that works well on sideways markets.
We expect a bounce off the support level at 165.000, which is psychological as well.
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CHFJPY Long Term Trading IdeaHello Traders
In This Chart NATGAS HOURLY Forex Forecast By FOREX PLANET
today NATGAS analysis 👆
🟢This Chart includes_ (NATGAS market update)
🟢What is The Next Opportunity on NATGAS Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
CHFJPY Buy?Let's attempt a slightly more daring trade on the CHF/JPY pair, with a 20-pip stop loss – a modest amount considering the potentially substantial gains. Please refrain from harboring excessive expectations for this trade or similar outcomes. This is meant to be a light-hearted endeavor before the week concludes. Anticipate a potential loss on this trade, so I strongly advise against a significant investment .
To calculate a 1% stop loss of your balance, you use a lot size calculator. RR: 1:8.53
CHFJPY - Bullish price action ✅Hello traders!
‼️ This is my perspective on CHFJPY.
Technical analysis: Here we are in a strong bullish market structure from 4H timeframe perspective, so I am looking for long. I want price to go a little bit lower to fill the imbalance and then to reject from bullish order block + institutional big figure 164.000.
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CHF JPY LONGRisk 0.5%
TP1 = 1:3 RR
Disclaimer:
The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given market scenarios. A full version of the disclaimer is available in our profile description.
CHFJPY Long Term Trading IdeaJul 10
Hello Traders
In This Chart CHFJPY HOURLY Forex Forecast By FOREX PLANET
today CHFJPY analysis 👆
🟢This Chart includes_ (CHFJPY market update)
🟢What is The Next Opportunity on CHFJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartS
Is the Market Primed for a Reversal? 1000 Pip Move On The Cards?Predicting market peaks and turning points is always a challenging task, made even more daunting when a financial asset is achieving unprecedented highs without any clear resistance or sell-off zones to reference. This challenge is even more pronounced when this situation occurs with a forex pair, as is currently happening. This is a true test of your trading experience and your ability to interpret price action.
Let's dive in, shall we?
When we take a look at the long-term timeframes, especially the monthly charts, we can easily observe an overextension. This overextension is also apparent in the weekly charts shown above, with clear signs of buying fatigue and a visible struggle between buyers and sellers. This struggle is evident in the last weekly candle where sellers managed to drive the price down to 159 (the previous all-time high) - a newly established weekly buy zone, from which buyers have managed to push the price back up.
A closer look at the daily charts (refer to the image below) reveals a structural shift with price activity moving sideways, suggesting a potential shift into a distribution phase, indicated by the lackluster buying momentum from the 159-point surge last week, as buyers were unable to establish a new high.
All signs are currently pointing towards a potential reversal. Typically, in such situations, we might expect a final upward push, breaking the distribution range's upper limit in what can be seen as a deceptive breakout. This can lure the market into believing that prices are escalating to new highs. Additionally, a number of retail traders might place their stops above 164, as per conventional trading wisdom.
From this point, my strategy is straightforward. I'll be waiting for that final upward push and monitor for signs of a false breakout. I'll also begin to look for entry signals on the daily chart from my TRFX indicator to gradually establish a position.
As for trade targets, the first one will be last week's low at 159 (the previous all-time high), but it is likely that this level will not hold and the market will plunge further to the previous monthly high of 152, also within a recently formed monthly buy zone.
The price charts are suggesting these moves, but as always, it's essential to wait for the right signals. This is a long-term setup grounded in high timeframe charts - these are optimal for tracking institutional moves. At the moment, a sell setup appears to offer the best risk-reward balance, given the apparent dwindling buying momentum.
I hope you found this analysis insightful. I'll keep you updated as this situation evolves.
CHFJPY MAJOR UPDATES
Hello Fellow traders,
As I predict from previous idea, Price could possibly break the weekly major trendlines, Now price reacting to that high level of Trendline, And candlestick makes a Doji,
Daily Timeframe forms a DIvergence 3 highs while the RSI lower.
But the volume is not changing, not bigger enough to say we short atm.
I will be update this maybe next week or this week if price consolidating on that zone.
Thank you and follow for more daily updates..
This is not a financial advice.
CHFJPY Long Term Buying Trading IdeaHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Final Uptick Ahead for CHFJPY?Greetings Fellow Traders,
It appears many have taken short positions in CHFJPY, expecting the uptrend to reverse. However, my analysis suggests there may be one final bull wave still to come.
Before the trend turns, I anticipate CHFJPY could edge higher, testing stops and forcing additional coverings. To defend short positions, consider implementing a long hedge around 164 in case of a temporary spike.
Once this final bull wave peaks, a downturn is expected, perhaps as soon as Thursday. Be ready to close long hedges then and restore CHFJPY shorts. The impending sell-off could be sharp once momentum shifts.
As always, apply robust risk management - size positions appropriately and utilize stops. Markets can deviate from forecasts, so please do your own due diligence. I'm sharing my perspective in hopes it aids your research.
Wishing you insightful analysis and profitable trades ahead! Let me know if you would like me to modify the tone or any part of the message. I aimed to make it sound professional while communicating the key points clearly.
CHFJPY: Everything depends on JPY NOW!!Dear Traders, hope you are doing great and having amazing weekend. CHFJPY recently in strong bullish impulse price consolidated and extracted taking CHFJPY prices to all time high. We need some strong pullback so that market price structure have some stability.
There are two scenarios, firstly if JPY remains bearish then we will seeing prices going higher and higher. Though, a strong pullback is expected. Secondly if JPY reverse then we can see a strong pullback of 600-800 pips.
GOOD LUCK
CHF/JPY Strong Multi Bullish TrendsLong Term Trend Bullish
Mid Term Trend Bullish
Short Term Trend Bullish
6D Bar Chart Bullish
CHF/JPY Technical Analysis
Moving Averages:STRONG BUYBuy (
Technical Indicators:STRONG BUY
Name S3 S2 S1 Pivot Points R1 R2 R3
Classic 151.80 151.90 152.01 152.11 152.23 152.32 152.44
Fibonacci 151.90 151.98 152.03 152.11 152.19 152.24 152.32
Camarilla 152.07 152.09 152.11 152.11 152.14 152.16 152.18
Woodie's 151.80 151.90 152.01 152.11 152.23 152.32 152.44
DeMark's - - 152.06 152.13 152.27 - -
Moving Averages
MA5 152.05
Buy 152.09
Buy
MA10 151.98
Buy 151.99
Buy
MA20 151.82
Buy 151.89
Buy
MA50 151.75
Buy 151.73
Buy
MA100 151.58
Buy 151.80
Buy
MA200 152.13
Buy 151.67
Buy
Name Value Action
RSI(14) 69.405 Buy
STOCH(9,6) 52.801 Neutral
STOCHRSI(14) 100.000 Overbought
MACD(12,26) 0.100 Buy
ADX(14) 61.492 Buy
Williams %R -3.847 Overbought
CCI(14) 298.5981 Overbought
ATR(14) 0.1507 Less Volatility
Highs/Lows(14) 0.2454 Buy
Ultimate Oscillator 65.464 Buy
ROC 0.296 Buy
Bull/Bear Power(13) 0.5500 Buy
Fundamentals of the Swiss Franc
Whether a currency is strong or weak often depends on what the country’s or jurisdiction’s leading policymakers want it to be. This is largely within the purview of monetary policy run by the central bank who can influence this.
In the case of Switzerland, the Swiss National Bank (SNB) wants a weak franc. It is doing this because it wants to boost inflation to rid the country of its deflationary problems that have plagued it for the better part of the past decade.
So, why is deflation bad?
If monetary policy is run with a deflationary bias, this means you will run an economy that never runs into its capacity constraints – e.g., “full employment”. Some amount of inflation will always be present when this is achieved because of structural flaws in our economic system stemming from imperfect competition, such as monopoly, duopoly, and oligopoly.
Therefore, some amount of inflation will always be present when full employment is truly reached. This is why inflation targeting as a central bank mandate is a no-brainer.
When an economy doesn’t achieve full employment it won’t maximize output. Unemployment as a whole will be high, because companies rarely cut nominal wages. Instead, they tend to lay off labour. People won’t earn as much income accordingly. Spending will decline, cash hoarding will become more common, and GDP – in developed economies, consumption is the majority of GDP – will contract and living standards will decline as a direct result.
Deflation produces permanent economic anaemia as not enough money and credit are being spent on goods, services, and financial assets. These cycles tend to be self-reinforcing. Lower incomes lead to lower spending, which leads to lower capacity to borrow, which produces even lower incomes and spending and overall output in a downward spiral.
Equity markets will remain below their peak with declining incomes and contractive (or insufficiently expansionary) monetary policy. Japan’s deflationary problems that have persisted for nearly three decades has left the country with a stock market that is still approximately 42% below its 1989 peak. This is obviously not good for domestic wealth.
The Swiss National Bank’s Effect
In the hope of permanently fixing Switzerland’s deflationary problems, the SNB has resorted to negative interest rates. This can seem counterintuitive because it means that the buyer has to pay in order to hold short-term debt.
In deflationary environments, it can make sense to hold a negative yielding bond if your real (inflation-adjusted) return is positive. In other words, if the negative rate on the bond is higher than the rate at which prices are declining on goods and services in the economy. It also serves as an incentive to get economic actors to put their money into riskier assets to increase collective returns and create a “wealth effect”. Theoretically, this should also boost spending and investment behaviour.
The SNB’s primary rate-setting mechanism, the SARON (Swiss Average Rate Overnight), is minus-75bps and overnight CHF LIBOR is minus-78 to minus-80bps. This helps stimulate outflows (exports) by working to make the currency cheaper. The Swiss franc becomes less desirable when its rate of return – and the rate of return of the assets that are denominated in francs – is not attractive.
The SNB also does their quantitative easing (asset buying) program much differently than the US Federal Reserve, European Central Bank, and Bank of Japan. Instead of buying domestic assets, the SNB buys outside assets, such as US large cap stocks, to push out liquidity and weaken the franc. When you buy domestic assets, this has the effect of increasing the value of the currency because these assets are what create demand for it. The SNB is doing the reverse process.
As an antidote to the SNB’s moves, traders largely recognize that Switzerland is in relatively solid shape economically. It has a fiscal surplus and large current account surplus. It also has low indebtedness, high wages, and high GDP per capita. This makes the Swiss franc in demand as it is a structurally sound currency.
In strong global economic environments, the franc is often used by traders as the short leg in buying currencies with high interest rates. This is called carry trading. This borrowing dampens demand for it because it is in effect being sold, which decreases its price.
But when the market is weak you often see strong buying activity in the franc because traders unwind their carry trades. These types of trades often involve being long a riskier asset or currency.
The most broadly helpful thing to know about the fundamentals of the Swiss franc is that it serves as a safe haven currency.
This is because its low interest rates make it attractive to borrow in, and covering these borrowed funds during periods of market turmoil means buying activity will take place.
Therefore, many consider the Swiss franc as a market hedge, similar to gold, or else a basic way to diversify a portfolio.
In good times, you will typically see it appreciate relative to positive-carry assets, such as currencies like the Australian dollar (AUD) or the emerging market equities example.
These rates of depreciation in the franc will generally be of a steadier magnitude than the sharp rates of appreciation during market weakness, given contractions tend to be much swifter and volatile than good economic periods.
CHFJPY - Long after filling the imbalance ✅Hello traders!
‼️ This is my perspective on CHFJPY.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I want price to make a retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 162.000.
Like, comment and subscribe to be in touch with my content!
CHFJPY Bullish Hammer on 1H ChartCHFJPY Bullish Hammer on 1H Chart
Hello traders,
I have spotted a bullish hammer pattern on the 1 hour chart of CHFJPY, which indicates a reversal of the previous downtrend and a continuation of the bullish momentum. The hammer has a long lower wick and a small body near the top of the candle, showing that the buyers have rejected the lower prices and pushed the price back up.
I have entered two market execution orders at 161.305 and 161.327, with a stop loss at 160.956, which is below the low of the hammer. My first target is 161.594, which is near the previous resistance level, and my second target is 161.913, which is near the 61.8% Fibonacci retracement level of the recent swing high and low.
This trade has a good risk-reward ratio of about 1:2 for both targets, and it aligns with the overall bullish trend on the higher time frames. I will update this post as the trade progresses.
Please like and follow if you find this idea helpful. Thank you for your support and happy trading! blush