CHFJPY ON THE MOVECHF/JPY is showing strong bullish momentum, supported by a breakout above a key resistance level, with robust bullish candles and minimal upper wicks indicating sustained buying pressure. Earlier in the session, a liquidity sweep below a prior low triggered sell stops, followed by a swift recovery that suggests accumulation by buyers. The pair is trading above a rising intraday trendline, confirming it as dynamic support, and above the 50- and 200-period moving averages, with a golden cross reinforcing the bullish outlook. Bullish divergences on the RSI and MACD highlight strengthening momentum, while increasing volume on upward moves compared to lighter pullbacks signals strong buyer dominance and the potential for further gains.
+ testing all KL, be advised
JPYCHF trade ideas
CHFJPY TRADE UPDATE Good Morning Everybody, There is a trade setup that’s developing right now. As we analyze the current market conditions, we can see that both the weekly and daily charts are indicating a bearish trend, which suggests potential downward movement. Additionally, the 4-hour timeframe is beginning to show signs of a shift towards bearish sentiment as well.
Our next key step is to wait for the candle to close in a bearish position at 9 AM. Once that happens, we will be on the lookout for a pullback or retracement in price. This pullback will create an opportunity for us to shift our focus to the smaller timeframes, where we will be monitoring for a definitive change in market structure. By doing so, we can position ourselves to take advantage of potential downward movements in the market. Let’s stay sharp and wait for the right signals!
CHFJPY: Intraday Bearish Move Confirmed 🇨🇭🇯🇵
I think that CHFJPY may retrace from a key daily horizontal resistance.
I spotted a formation of a symmetrical triangle pattern on an hourly time
frame after its test.
The breakout of its support line indicates a local strength of the sellers.
We can expect an intraday bearish movement at least to 171.82 level.
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CHFJPY Will Go Down! Sell!
Here is our detailed technical review for CHFJPY.
Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 172.362.
Considering the today's price action, probabilities will be high to see a movement to 171.702.
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.
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CHF/JPY SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
CHF/JPY is making a bullish rebound on the 2H 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 170.982 level.
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CHFJPY MARKET ANALYSIS AND PRICE PREDICTIONCHFJPY , has finished consolidating at the institutional renegotiation zone. Decision has been taken in favor of the Bulls. Price has broken a structure already and a Bullish order is Flowing. Price May retrace bit to give the Bulls a perfect entry at 61.8% discount price. Right now price is at 50% discount which is still good for entry. Take profit 1 is the trend line liquidity and Take profit 2 is the renegotiation resistance to clear the Buyside liquidity.
Entry, Take profit 1 &2 , stop loss are well sated on the chat.
GOOD LUCK GUYS!
CHFJPY - Downtrend to Continue?Swiss franc looking on its heels ahead of inflation figures later this week. Opposite, Yen may have buyers with recent hawkish rhetoric relative to past signals. I like the swing into previous support here. So I am take a short position with a wait-and-see stance. Looking for 40 pips or better depending on the market action.
CHFJPY TRADE UPDATECHFJPY looks promising, and our strategy is to wait for the SOS signal to occur on the 4-hour timeframe, along with confirmation of a pullback. Let's allow the price to develop further while we monitor for the SOS indication. It’s crucial to let the price action unfold before making any decisions.
SELL view on CHFJPYSelling CHF/JPY could be based on several macroeconomic and technical assumptions. Here’s a rationale based on both real-world factors and potential market dynamics:
1. Swiss National Bank (SNB) Policy
Monetary Policy Divergence: If the Swiss National Bank (SNB) maintains a dovish stance, perhaps due to concerns about inflation being too low or economic growth faltering, it may continue to hold interest rates lower for longer or engage in monetary easing. This could weaken the Swiss franc (CHF), making CHF/JPY a good candidate for a sell.
Interventions: The SNB is known for intervening to prevent excessive CHF appreciation, especially since a stronger franc can hurt Switzerland's export-dependent economy. This intervention could lead to CHF depreciation, favoring short positions.
2. Bank of Japan (BoJ) Shift
Potential Policy Shift: If the Bank of Japan (BoJ) signals a shift away from its ultra-loose monetary policy—possibly by reducing bond purchases or raising rates slightly—this would support a stronger yen (JPY). Recent inflation pressures in Japan have prompted discussions about tighter policy, which could drive yen appreciation.
Inflation and Wages: Japan has seen modest inflation, driven by rising wages and cost-push inflation, which could encourage the BoJ to adjust its policies more aggressively in the future, strengthening JPY.
3. Risk Sentiment and Safe Haven Flows
Shifts in Global Risk Appetite: Both CHF and JPY are considered safe-haven currencies, but JPY tends to outperform CHF in times of heightened risk aversion, especially with Asian investors and markets playing a larger role in global trade. A sudden rise in geopolitical tensions or market risk could favor the yen over the franc, creating downward pressure on CHF/JPY.
4. Technical Analysis
Overbought Conditions: If CHF/JPY has been in a prolonged uptrend and technical indicators such as the Relative Strength Index (RSI) or MACD suggest overbought conditions, this could signal an upcoming correction or reversal, making it a good time to sell.
Resistance Levels: Price approaching a strong resistance level, where CHF/JPY has previously reversed, might be another technical signal to initiate a sell trade. Combined with weak fundamentals, this could increase the likelihood of a pullback.
5. Switzerland’s Economic Slowdown
Slower Economic Growth: If Switzerland’s economic indicators, such as GDP growth, export performance, or business confidence, show signs of slowing down, it may reduce demand for the franc as investors anticipate lower returns or a more stagnant economy.
6. Japanese Trade Surplus
Strength in Japanese Exports: Japan's trade balance has been improving, driven by strong exports, especially in high-tech and automobile sectors. A growing trade surplus supports JPY strength, which could pressure CHF/JPY downward.
By combining these factors—particularly monetary policy divergence, risk sentiment, and potential technical signals—a sell position on CHF/JPY could be strategically viable.