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JPY (Japanese Yen)

CHF/JPY Looking For Short Opportunity CHFJPYWe will be monitoring price action during the move to the upside as the market still has bullish momentum and as soon as the market will shift from bullish to bearish and meet our trading conditions we will enter a short. This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Short
by NCTrading
CHFJPY : Short Trade , 1hHello traders, we would like to review the CHFJPY chart on the 1-hour time frame. The price is moving in an ascending channel and has reached the ceiling of the channel as well as the key level of 145.200, which the price has reacted to several times in the past. Considering that the price has broken the upward trend line and we also expect the specified key level to play a resistance role for us, there is a high probability that the price will make a correction and fall to the targets of 143,900 and 143,000. .Good luck.
Short
by mrAT_Trader
4
j.Hejazi | CHFJPY Approaching Key ResistanceAs CHFJPY approaches an area containing three resistance elements - the 145.750 resistance level, the monthly ascending trend line, and a supply zone - it is probable that the price will rebound from this area and decline to 138.90. However, if the price manages to close above 148.350, then a bullish scenario may unfold. ------------------------------------------------------------------------- Let me know your thoughts in the comments, and show your support by liking the idea. Please follow if you're interested in more ideas like this. Your support is greatly appreciated!
Short
by Candlestick_OB
CHFJPY I Short and bullish continuationWelcome 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!
Short
by BKTradingAcademy
24
Potential bullish breakout on CHF/JPYThe yen began to correct against its sustained weakness in September, when the MOF (Ministry of Finance) intervened in the currency markets to strengthen the yen. That helped CHF/JPY spent the next three or so months pull back from its highs and retrace against its bullish trend. However, the end of the correction may have been seen around 137, as momentum turned higher at a Fibonacci cluster which includes a long-term 38.2% retracement and 161.8% projection level. Since then, prices have moved higher, built a level of support just above 140 and closed above the 200-day EMA. We also note that Friday’s low respected the 200-day EMA as support. So we’re now on guard for a potential bullish breakout above 143.60, which would also clear the 100-day EMA. A strong inflation report and further hawkish commentary from the SNB could help with such a scenario (as would confirmation of a dovish BOJ governor to replace Kuroda). A break below 140 invalidates the bullish bias.
Long
by CityIndex