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JPY (Japanese Yen)

CHFJPY I Important considerations before shortingWelcome 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!
by BKTradingAcademy
2
CHF/JPY SHORT SETUP AFTER BOJ WARNINGSOn CHF/JPY, we have a bullish setup that reached the highest level at 164. From there, the price started to change trend; this morning, it dropped by 50 pips and is currently retracing in the supply zone at the level of 163.50, where we have a Point of Interest (POI), meaning a high probability reversal point. Here, we could look for a short trade in case a bearish candle enters and then closes below the POI. The chart shows a potential trade with entry points, exits, and take profit levels. What do you think? Greetings from Nicola, CEO of Forex48 Trading Academy.
Short
by Forex48_TradingAcademy
2
CHFJPY - Wait For The Bears ↘️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. on H4: Left Chart As per my last analysis (attached on the chart), CHFJPY rejected our 158.5 support and traded higher. Now CHFJPY is sitting around a strong supply zone so we will be looking for sell setups on lower timeframes. on M30: Right Chart CHFJPY is forming a potential double top pattern but it is not ready to go yet. For the bears to take over, we need a momentum candle close below the gray neckline. Meanwhile, until the sell is activated, CHFJPY would be overall bullish and can still trade higher. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
4
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
by Setupsfx_
39
CHFJPY - Continuation Higher?Analysis: Strong upwards trend (bullish confluence factor) Break and retest of previous area of resistance for support (bullish confluence factor) 50% fib retracement touch (bullish confluence factor) Upwards trendline touch (bullish confluence factor) CHF is the 7th strongest major currency whereas the JPY is the 8th strongest major currency (bullish confluence factor) 2K short position increase for the CHF (bearish confluence factor) 27K short position decrease for the JPY (bearish confluence factor) Comments: Whilst some of the fundamentals go against our bullish thesis, we still have the technicals and some fundamentals pointing to bullishness on this pair. With the majority of the confluences we pay attention to pointing to bullishness and with the setup we see, we have enough confidence to have a bullish outlook on this pair. Only time will tell if we're correct but from what we can see currently, we see price continuing this bullish rally that it's in and heading higher. Stay Safe - The JPI Team Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read and responded to. We any comments at all so thank you! Disclaimer: This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does too. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.
Long
by jpeacockfx
8
CHFJPY - Following The Trend ↗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. CHFJPY has been overall bullish trading inside the rising broadening wedge in red, and it is currently retesting the lower trendline. Moreover, the blue level is a strong support. 🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the blue demand and lower blue trendline. As per my trading style: As CHFJPY is sitting around the purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
7
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.
Long
by DaveBrascoFX
3
CHFJPY Will Move Lower! Sell! 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 on a crucial zone of supply 162.520. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 158.758 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!
Short
by SignalProvider
4
CHFJPY - 4hrs ( Sell Trade Target Range 300 PIP ) Pair Name : CHF/JPY 🗨Time Frame : 4hrs Chart / Close ➕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 Reversal 163.000 Area Reasons - Major Turn level - Visible Range Hvn - inner Choch Area - Fibo Golden Bullish Reversal 160.000 Area Reasons - Major Turn level - visible Range Value - 4hr / D choch Area - Quarter's Area - Fixed Range Lvn
Short
by GoldenEngine
4
Keep it Easy SGDJPY long will make new record HighsIn Singapore a slight majority of analysts expected a 6th consecutive tightening move by MAS in order to tackle inflation, so the pause along with the conservative MAS statement on the inflation outlook saw a weakening of the S$. - Gold extended gains amid USD weakness; The US dollar index is testing one year lows at 100.78 during the morning. - Nikkei outperforms on results from big component Fast Retailing. But vs JPY nearly every currency is making higher highs. As trader,I focus just on technicals. Higher Highs Higher Lows! Trend is bllish! SG Dollar to Yen forecast by day. Date Weekday Min Max Rate 04/07 Tuesday 105.82 109.04 107.43 05/07 Wednesday 105.85 109.07 107.46 06/07 Thursday 105.83 109.05 107.44 07/07 Friday 105.79 109.01 107.40 10/07 Monday 106.55 109.79 108.17 11/07 Tuesday 106.30 109.54 107.92 12/07 Wednesday 106.16 109.40 107.78 13/07 Thursday 106.72 109.98 108.35 14/07 Friday 107.35 110.61 108.98 17/07 Monday 106.71 109.97 108.34 18/07 Tuesday 106.46 109.70 108.08 19/07 Wednesday 107.64 110.92 109.28 20/07 Thursday 108.22 111.52 109.87 21/07 Friday 108.14 111.44 109.79 24/07 Monday 108.73 112.05 110.39 25/07 Tuesday 108.90 112.22 110.56 26/07 Wednesday 109.20 112.52 110.86 27/07 Thursday 108.72 112.04 110.38 28/07 Friday 109.09 112.41 110.75 31/07 Monday 109.21 112.53 110.87 01/08 Tuesday 108.95 112.27 110.61 02/08 Wednesday 109.68 113.02 111.35 03/08 Thursday 109.66 113.00 111.33 04/08 Friday 109.13 112.45 110.79
Long
by DaveBrascoFX
🔥 MODIFICATION: CHFJPY 🔥 POSITION TRADE 🔥Being that Price Action (PA) continues to go long, please manage your trades as we take the risk of shorting it from here. SSO1 @ 158.50 ⏳ SSO2 @ 152.60 ⏳ TP1 @ 141.33 (shaving 25%) TP2 @ 131.85 (shaving 25%) TP3 @ 124.90 (shaving 25%) TP4 @ 114.15 (closing ALL Sell Orders) BLO1 @ 111.55 ⏳ BLO2 @ 105.25 ⏳ WE ARE A COMMUNITY BOOST a trade idea to share with others and "pay it forward" FOLLOW to receive alerts of any new posted ideas COMMENT with questions, insight, and expertise JOIN our group chat: receive free analyses on any instrument
Short
by ProfessorCEWard
1