Thread: Chf/jpy
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.
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IPL (2019-12-27), Ronald (2019-12-27), RYK (2019-12-27), Saddam Hussain (2019-12-27), Sarfrazsagar (2019-12-27)
chf jpy b ek cruncy pair ee hai is ko log bohart zaya log pasand kartay hain iss koi movieng averge b thk ee hai magweer ya thoray balence per b trade ko laga klata hai is main hum kha saktay hain k ya sasta hai
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
IPL (2019-12-27), RYK (2019-12-27), Sarfrazsagar (2019-12-27)
CHF / JPY is the abbreviation for the
Swiss Franc and Japanese Yen pair. It
shows how much the CHF (base
currency) is worth as measured against
the JPY (counter currency). For
example, CHF / JPY = 111.97 indicates
that one Swiss Franc can buy 111.97
Japanese Yens.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
IPL (2019-12-27), Irtaza146 (2019-12-27), RYK (2019-12-27), Sarfrazsagar (2019-12-27)
Economic growth will be the theme in the financial markets this week. Japan and the UK will announce data on economic growth in the second quarter of 2019, which could be a sentiment driving the market.
Slower than the quarter I-2019 which is 2.2%. Understandably, Japanese exports have contracted alias dropped for seven consecutive months due to the trade war of the United States (US) -China and a slowdown in the global economy. Japan's trade friction with South Korea made things even more complicated.
Then on August 9 local time, the Office for National Statistics (ONS) will announce the preliminary reading of UK economic growth for the second quarter of 2019. Market consensus from Trading Economics estimates that John Bull's economy grew 1.4% YoY. Slowed slightly compared to the previous quarter by 1.8%.
The slowdown in the UK economy has been seen from the Purchasing Manager's Index (PMI) data. In July, the IHS Markit / CIPS UK manufacturing PMI was at 48, the lowest in the past 6.5 years. "In July, we saw the manufacturing sector 'suffocated' because of the global economic slowdown.
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CHFJpy is sell
Resistance 111.57
Resistance 111.69
Resistance 111.31
Supporting 111.21
Supporting 111.07
Supporting 110.89
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today's market technical over view for chfjpy
according to market technical analysis the market have buy trend
the market trend could remain in this position
expected resistance and support levels
market price ----------112.20
1- Resistance level----------112.40
2- Resistance level----------112.60
3- Resistance level----------112.80
1- Support level-------------111.90
2- Support level-------------111.70
3- Support level-------------111.44
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Today's market trend: Sell
kal ki downward movement ko market continue kar skta hai kyuki market meh kafi downtrend tha kal or sellers kafi control me the ,
halaki price abhi ek resistance level pe hai us resistance ko market ache se test karega agar ye level break hota hai toh pakka strong down
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Pivot Point is 111.67
Trend is BUY
@1 Resistance : 111.77
@2 Resistance : 111.95
@3 Resistance : 112.10
@1 Supporting : 111.49
@2 Supporting : 111.39
@3 Supporting : 111.22
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Moussa (2019-12-27), RYK (2019-12-27), Sarfrazsagar (2019-12-27)
HI ALL
Resistance 111.50
Resistance 111.60
Resistance 111.30
Supporting 111.21
Supporting 111.05
Supporting 110.89
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Sarfrazsagar (2019-12-27)
CHFJPY
Market trend= Bearish
Resistance 111.50
Resistance 111.60
Resistance 111.30
Supporting 111.21
Supporting 111.05
Supporting 110.89
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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