CHFJPY Daily: Possible break for the 166sh level??Price has been moving down since July recovering the losses. This downward move is confirmed not only by the LH as well as per the price trading below the SMA(50) and by the TL. Last week NY closed with a bearish candle closing below the 166.782 level and some strong bearish candle (in the previous days) confirming the bearish momentum. A confirmation of the break from last Friday will give more gas to the bears and may push the price to retest the 162.057 previous Support from December 2023.
As both currencies carry the "safe-haven" currencies both can attract investors during periods of uncertainty what in my opinion we have been seem more frequently than before so it is important to keep an eye on the GDP, inflation and the interest rates for both currencies.
On Thursday(13/02) we have the Consumer Price Index(YoY) for the CHF so be prepare. Trade Safe.
JPYCHF trade ideas
CHF/JPY SENDS CLEAR BULLISH SIGNALS|LONG
Hello, Friends!
CHF/JPY is making a bearish pullback on the 9H TF and is nearing the support line below while we are generally bullish biased on the pair due to our previous 1W candle analysis, thus making a trend-following long a good option for us with the target being the 169.146 level.
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CHFJPY: Channel Down bottomed on oversold RSI.CHFJPY is almost oversold on its 1D technical outlook (RSI = 30.519, MACD = -1.120, ADX = 33.207) while the strong selling wave hit today the bottom of the October 31st 2024 High. The last time the 1D RSI was oversold was on the December 02 bottom. The bullish wave that followed, exceeded the 0.786 Fibonacci level. We anticipate an indentical rebound (TP = 173.500).
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CHF-JPY Is Oversold, Correction Ahead! Buy!
Hello,Traders!
CHF-JPY keeps falling
In a strong downtrend
But the pair is locally
Oversold so after it hits
The horizontal support
Level of 165.294 we
Will be expecting a
Local bullish correction
Buy!
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CHFJPY: Bearish CHF and Potential DownsidesHey Traders, in today's trading session we are monitoring CHFJPY for a selling opportunity around 167.500 zone, CHFJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 167.500 support and resistance area.
Trade safe, Joe.
CHFJPY: Bearish Trend Will Resume Soon 🇨🇭🇯🇵
CHFJPY looks bearish on a daily after a violation of a significant support cluster.
The broken structure and a falling trend line compose a contracting
supply area now.
With a high probability, a strong bearish wave will follow from there.
Next support - 165.9
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CHFJPY POSSIBLE SELL?Based on Monthly and Weekly TF, the market is in a downtrend. Daily is currently isn a downtrend as well. Let's see if this trade idea will play out.
Disclaimer:
Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account.
High-Risk Warning
Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.
CHFJPY - Potential short idea !!Hello traders!
‼️ This is my perspective on CHFJPY.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I expect price to continue the retracement to fill the imbalance and then to reject from bearish OB + institutional big figure 171.000.
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CHFJPY LONGCHFJPY – Smart Money Strategies in Focus
Key Levels & Market Dynamics Revealed
Bank Sell Entry Zone:
172.00 - 172.80 - Upper supply zone where smart money may be looking to sell
Bank Buy Entry Zone:
169.00 - 169.50 - Demand zone where liquidity is accumulating
Market Breakdown:
Liquidity Sweep Below - Strong rejection at lower levels, setting up a potential bullish rally
Trendline Manipulation - Retail traders might get trapped before a significant breakout
SR Flip Around 171.00 - If price holds, we could see another push-up to challenge sell zones
Rejection at Supply Zones - Could signal a deeper retracement
What’s Next?
Bounce from Buy Entry? Bullish continuation towards institutional sell zones
Failure to Hold 171.00 Flip? Bears might step in for another liquidity grab
Big moves are on the horizon. Will Smart Money propel CHFJPY higher or lead to a liquidity sweep? Stay alert.
CHFJPY The Target Is DOWN! SELL!
My dear subscribers,
CHFJPY looks like it will make a good move, and here are the details:
The market is trading on 170.90 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 170.21
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
CHF_JPY RISKY SHORT|
✅CHF_JPY has retested a resistance level of 171.00
And we are seeing a bearish reaction
With the price going down but we need
To wait for a confirmation
Before entering the trade, so that we
Get a higher success probability of the trade
SHORT🔥
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CHFJPY in bearish trendthe trend is making LHs & LLs and currently, the price is in the direction of marking the LH. The idea is to take a short position when the price touches the trendline and place SL as it is shown on the chart. One more major confluence of the bearish trend is that if the price makes its LH it will be in the region of golden Fib pocket".618". I am targeting 1:3 RR as the trend looks quite strong towards bearish.
CHFJPY at Key Support Level - Bullish Correction Ahead?OANDA:CHFJPY has reached a key demand zone that has acted as a strong support level in the past. The overall context implies that buyers may take control at this level, leading to an upward move.
A bullish confirmation, such as rejection patterns, bullish engulfing candles, or long lower wicks, would strengthen the case for a rebound. If confirmed, the market may move upward toward the 170.94 level.
If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments!
CHF/JPY BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
The BB lower band is nearby so CHF/JPY is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 169.720.
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CHF/JPY SHORT FROM RESISTANCE
Hello, Friends!
CHF/JPY is making a bullish rebound on the 8H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 169.820 level.
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