Tight Bearish Signal on CHFJPYWe have a tight Bearish Signal in ICMARKETS:CHFJPY
Unfortunately we have a very tight room for our TP still we will look after it and will MOVE THE SL TO BREAK EVEN AS SOON AS THE PRICE TOUCHES THE DAILY TRENDLINE
Price may get a fullback from the Daily Trendline which is a barrier to our fir
About Swiss Franc / Japanese Yen
The Swiss Franc vs. the Japanese Yen. After reaching its low in 2008 this pair has steadily traded higher mainly due to aggressive Japanese monetary easing. Also, due to low interest rates and different financial properties these currencies are considered to be safe haven and funding currencies.
Related currencies
CHF/JPY 4H Technical Analysis – Bulls Still in ControlThe CHF/JPY currency pair has been on a strong bullish run since April, with price moving in a clear uptrend of higher highs and higher lows. On the 4H chart, the pair recently reached the 185.03 resistance zone before retreating slightly, which now raises the question: can the bulls sustain momentu
CHFJPY Short Setup – Bearish Rejection from Supply Zone & Trendl📋 Description:
Pair: CHFJPY
Timeframe: 2-Hour
Bias: Bearish
Strategy Used: Supply & Demand + Break of Structure + Trendline Retest + Price Action Confirmation
🧠 Analysis & Thought Process:
CHFJPY recently broke out of a descending trendline that acted as dynamic resistance for multiple sessions.
CHFJPY - TIME FOR A LONG ENTRYSymbol - CHFJPY
CMP 167.28
CHFJPY is currently trading within a key support zone, which has been acting as a major support area since November 2023. This level has provided a solid foundation for price action, and its importance in maintaining the current bullish trend cannot be understated.
In m
CHFJPY Long Trade Idea!CHFJPY Long Setup 📈
- 🎯 Entry: 171.62
- 🛡️ Stop Loss: 167.60
- 🎯 Target: 178.99
This setup is based on a key support zone near the 200 EMA with a favorable risk-to-reward ratio. Price is expected to bounce from this level towards the target. Trade cautiously and manage your risk appropriately
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The value of the CHFJPY pair is quoted as 1 CHF per x JPY. For example, if the pair is trading at 1.50, it means it takes 1.5 JPY to buy 1 CHF.
CHFJPY is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade CHFJPY right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.