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CHFJPY approaching support, potential bounce!
CHFJPY is approaching our first support at 112.27 (horizontal overlap support, 23.6% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 113.52 (horizontal swing high resistance
Chf jpy entry point for monday
sell---------sell--------sell
chart day 1
current point 112.07
take profit 111.29
stoploss 112.82
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Chf jpy is showing bullish movement and we can have a buy trade on this pair and have some profit
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This would confirm the rate’s return above the upside line drawn from the low of March 1st and could allow the pair to travel towards the 0.9540 resistance, marked by the high of April 23rd. If that level fails to hold and the rate emerges above 0.9550 as well, then we could experience bullish extensions towards the high of April 19th, at around 0.9580.
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chf jpy
Is time ke price ye chal rhe he......... 108.78
Resistance level 1 # 109.10
Resistance level 2 # 109.40
Resistance level 3 # 109.70
Support level 1 # 108.50
Support level 2 # 108.20
Support level 3 # 107.90
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My analysis for chf/jpy
Resistance and Support level is:
Resistance level
#1 Resistance level 111.67
#2 Resistance level 111.93
#3 Resistance level 111.71
Support level
#1 Support level 109.74
#2 Support level 109.69
#3 Support level 109.50
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Today analysis for the pair of chfjpy
Is time ke price ye chal rhe he......... 108.78
Resistance level 1 # 109.10
Resistance level 2 # 109.40
Resistance level 3 # 109.70
Support level 1 # 108.50
Support level 2 # 108.20
Support level 3 # 107.90
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Pair is Chf /Jpy
Today's my technical analysis.
Market trend is bearish this time.
current price is =108.80
Resistance and Supporting levels.
1 RESISTANCE =109.15
2 RESISTANCE =109.45
3 RESISTANCE =109.75
And
1 Supporting =108.40
2 Supporting =108.25
3 supporting =107.95
Good luck.
You trade at your own risk.
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bullish trend seems to be taking place on the CHFJPY pair and that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction. A buy signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal. This pair can continue bullish trend, now current price at 108.63 and strong support in hourly time frame at level 108.85 there is possible chance price will move to up side. then next high price is 108.12
I suggest to entry BUY with stoploss at 108.13 and take profit at 108.98
use higher timeframe is very important because it always helps you to enter in the direction of current trend . using multiple time frame analysis will gives you a clearer view of the market and increases chance to making profit. I hope you can earn consistent profit from my signal, good luck
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Pivotal Points: 108.63
Resistance 3: 109.28
Resistance 2: 109.05
Resistance 1: 108.86
Support 1: 108.44
Support 2: 108.21
Support 3: 108.02
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This pair chf/jpy
Technical analysis of today is bullish.
Pivot Point. 108.71
Current Price. 108.74
Resistance level
1st. 108.90
2nd. 109.10
3rd. 109.30
Supporting level
1st. 108.64
2nd. 108.50
3rd. 108.40