Chf/jpy

CHFJPY Today Analysis

PIVOT POINT 110.65

Support 1 110.47

Support 2 110.11

Support 3 109.93


Resistance 1 111.01

Resistance 2 111.19

Resistance 3 111.55

111.21 +0.52 +0.47%
05:41:19 - Real-time Data. ( Disclaimer )
Type: Currency
Group: Minor
Base: Swiss Franc
Second: Japanese Yen
Prev. Close: 110.69 Bid/Ask: 111.17 / 111.24 Day's Range: 110.70 - 111.31

Today technical analysis of Chf/jpy is sell

Resistance and supporting level is:

Resistance level first:112.03
Resistance level 2nd : 112.14
Resistance level 3rd: 112.25

Supporting level first: 111.77
Supporting level 2nd: 111.65
Supporting level 3rd:111.53

Today's Technical Analysis for: CHF JPY

According to Hourly time Frame,

Resistance Level are:-

1> Resistance Level is : 111.10
2> Resistance Level is : 111.23
3> Resistance Level is ;111.34

Supporting Level are:-

1> Supporting Level is : 110.92
2> Supporting Level is : 110.88
3> Supporting Level is ; 110.80

"Hello dear members of this great community, here are my analysis of CHF/JPY for today.

CHF/JPY is Strong Buy according to four-hour chart. RSI(14)'s value is (72.712), STOCH(9,6)'s value is (68.717) and STOCHRSI(14)'s value is (88.859).

Let's have a look at today's Support and Resistance levels:

Pivot Point: 111.18
Support 1: 111.05
Support 2: 110.89
Support 3: 110.76
Resistance 1: 111.34
Resistance 2: 111.47
Resistance 3: 111.63

According to the current scenario I would like to recommend you to take trade according to the support and resistance levels of the market."

We expect the Bank of Canada to hold the overnight rate steady at 1.75% next week, which is already fully priced into markets," note TD Securities analysts.

Key quotes

"The Bank will have to acknowledge recent developments in the energy sector and financial markets, but will try to strike a balanced tone as the longer term forecast is largely intact (we expect just modest downward revisions to 2019 growth). We look for Poloz to reiterate that the policy rate will need to move back to the neutral range - depending on the data, of course."

"If the Bank succeeds in striking a balanced tone, we look for a short-lived and modest move higher in front-end rates. Markets will not fully recommit to rate hikes in Canada while pricing in cuts in the US."

"For the loonie, we see a lot of bad news priced in and our positioning gauges show short CAD is the most well-populated trade in G10. In turn, we expect the consolidation in CAD over the coming week but prefer owning a long CAD basket against CHF, JPY into the BoC meeting."

Chf/Jpy

Parabolic indicator is : buy
Pivot point is : 110.64
Resistance and Supporting level today,s

Today Trend is:Buy

Resistance level today,s is

First Resistance is:111.44
Second Resistance is: 111.57
Third Resistance is: 111.65


Supporting levels today,s is

First Support is: 111.11
Second Support is:110.96
Third Support is:110.86

Analysis For Chf/Jpy

Today's Trend is: Bearish

Support levels for the pair is :
Support 1: 111.21
Support 2: 111.17
Support 3: 111.11

Resistence levels for the pair is :
Resistence 1: 111.27
Resistence 2: 111.29
Resistence 3: 111.35

What does CFD stand for?
Contract For Difference
The term CFD stands for Contract For Difference. This is a contract to exchange the difference in value of a financial instrument (the underlying market) between the time at which the contract is opened and the time it is closed.

The CHF / JPY currency pair on a 4-hour time frame moves along an ascending corridor. I expect that the currency pair will drop to the support level of 110.13, which the currency pair will pierce and sink to the support level of 109.82. If the currency pair breaks through this level of support, the price of the currency pair will drop to the level of support 109.43.