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Chfjpyforecast

CHFJPY approaching resistance, look out for potential reversal! CHFJPY is approaching its resistance at 109.564 where it is could reverse down to its support at 109.145. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Short
by Pepperstone
FREE ANALYSIS ON CHFJPY - 26/06/19Welcome to @SiriusTrading, Check out my Free analysis on Forex and Crypto. Follow me for regular Analysis and dont forget to LIKE :) - 30 Min This time Frame is supporting a bearish move. Price could test previous top before continuing down 2 HOUR We are seeing a correction of price from the previous bearish move which started 12th April. Also Price is testing the Fib retracement level of 61.8% 4 HOUR Bearish and its imminent. Thou Price is above WMA100, EMA150 and MA200 which could suggest a bullish move, i am still expecting a move down. wait for break in black line before joining in. 2 types of bearish divergence also found. OVERALL Expecting Price to drop - Thanks for reading See previous analysis Please share your thoughts and views on my analysis and don't forget to like it and share with others.
Short
by SiriusTrading
POTENTIAL FOR CHFJPY TO MOVE BEARISH In my previous post i highlighted that CHFJPY had the potential to continue moving bearish. However since then , price moved higher than anticipated and is currently trading at 0.618 fib retracement level of the entire bearish move downward. I see potential for this pair to continue moving bearish as it is currently testing and trading a daily trendline with bearish divergence evident. Having said that, the Swiss Franc has also reached a critical point of resistance from where we may see price move down bearish. I will be keeping an eye on price action and how the close of the 4hr candle. Green line - TP Red line - SL Grey line - Entry Hit that follow button ! :)
Short
by Malika_Analysis