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CHFJPY is expected to breakout downside

Though Japan has had a difficult run this year, still it is considered as the one of the major currency over other currencies. It also pulled back nicely against most of it's pairs this year. As Swiss franc is expected to go further down and Yen is expected to appreciate further, it is highly possible to create a slow down trend. Please find my chart analysis,
Weekly chart:
- This chart shows the contraction in price movement of this pair since January which may result in breakout
- As last 3 mo…
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Rita1808 avatar
Rita1808 3 Jan.

Good job!

Natali_Niyazova avatar

very well!

Mariia avatar
Mariia 5 Jan.

clearly and anderstanding!thank you

Natalia_Kisenko avatar

great article!

BeautybyLesya avatar

good job!

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CHFJPY to form a range trading after a bullish move

CHFJPY is expected to move little high before forming a range trading. Please find the chart analysis,
Weekly chart:

- In longer trend, this pair is maintaining a good support in it's trend as shown in the graph
- Considering the previous small red candles and current green candles, this pair expected to go bullish as it just hits at it's pattern bottom
- Parallel dotted line is expected to be the upcoming resistance which is just below 129
Daily Chart:
- Price is just moving over 50 SMA and e…
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ijayakumar avatar
ijayakumar 21 Oct.

It's moving nicely as expected!

ijayakumar avatar
ijayakumar 20 Nov.

Swiss franc has almost given up against all of it's pair and hence it is well below the expected value and it may go even low.

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