Thread: Chf/jpy
Today on 24th September 2019
In the pair of CHF/JPY
I think take BUY option is the best choice to
Market Trend for earning.
First Resistance Level is : 108.60
Second Resistance Level is : 108.90
Third Resistance Level is : 109.50
First Supporting Level is : 108.40
Second Supporting Level is: 107.80
Third Supporting Level is : 106.50
Thanks
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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
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Apple99 (2019-09-24)
Today Market trend:sell
Current price aur previous price market ke down hony ka ishara de rahe hain
Resistance and Support points bhi market ke down hony ka ishara de rahe hain
Isliye hum ko sell main trade laga deni chahiye
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CHFJPY Trend is up
1 Resistance level: 108.739
2 Resistance level: 107.243
3 Resistance level: 106.521
1 Supporting level: 105.414
2 Supporting level: 104.362
3 Supporting level: 103.285
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Apple99 (2019-09-24), jellybelly2017 (2019-09-24), Unregistered (1)
Chf-jpy price shows positive trading to head towards testing
the broken support that turns into resistance at ,
as long as the price is below this level, so our bearish trend expectations 98% will remain active for today,
supported by the negative pressure 72.00% that comes from the EMA50,
reminding you that our next main target is located at sell
The expected trading range for today is between support and resistance.
The expected trend for today: Bearish
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It is the current view that usdchf is continuing the downtrend. Making a top at 0.9845 Wednesday, January 10, usdchf continue the downtrend that start at the top at 0.9977, so we have enough reason to believe that usdchf continue the downtrend. Usdchf has now reached the lowest at 0.9697 which already broke the last bottom at 0.9699. Also, usdchf show strong momentum down still so usdchf possibly continue the downtrend.
In the 1day chart, we see the stoch(5,3,3) strongly showing downtrend and has not reached the bottom level yet, while the macd also still show downtrend signal and the bbands still has to bounced the lower side to be able to reverse.
Having broke the uptrend trendline now, we cannot say that eurusd will now continue the long-term downtrend. We still have several bottom/supports below to contend with, 1.1717 and 1.1553, which should hold eurusd from going down. Although eurusd has already made a long move down now, it is the view that eurusd will still continue down as it has still strong momentum. And with that we have bottom/supports at 1.1717 and 1.1553 as possible targets.
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i predicted this pair have being bearish down direction.
the price is break Resistance and Trend Line and it is moving down side with having the long signal from the parabolic SAR.
the market trend could remain in this position and I expected support resistance levels.
A dot below the candles that indicates a downtrend direction
in addition to that we can see a SELL signal on the MACD indicator.
I suggest to take short terms position on SELL today.
time frame that is considered while making support and resistance levels – Daily and Weekly time frame,
consider the daily economic news before taking the trade.
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.
Apple99 (2019-09-24)
It is the current view that usdchf is continuing the downtrend. Making a top at 0.9845 Wednesday, January 10, usdchf continue the downtrend that start at the top at 0.9977, so we have enough reason to believe that usdchf continue the downtrend. Usdchf has now reached the lowest at 0.9697 which already broke the last bottom at 0.9699. Also, usdchf show strong momentum down still so usdchf possibly continue the downtrend.
In the 1day chart, we see the stoch(5,3,3) strongly showing downtrend and has not reached the bottom level yet, while the macd also still show downtrend signal and the bbands still has to bounced the lower side to be able to reverse.
Having broke the uptrend trendline now, we cannot say that eurusd will now continue the long-term downtrend. We still have several bottom/supports below to contend with, 1.1717 and 1.1553, which should hold eurusd from going down. Although eurusd has already made a long move down now, it is the view that eurusd will still continue down as it has still strong momentum. And with that we have bottom/supports at 1.1717 and 1.1553 as possible targets.
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.
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.
I suggest to entry buy with stoploss at 114.05 and take profit at 114.91
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.
Swiss franc / japanese yen
chfjpy
108.615
jpy
−0.010 (−0.01%)
market open (sep 24 00:52 utc-4)
108.625
prev
108.625
open
51.085k
volume
108.489 — 108.760
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.
Apple99 (2019-09-24), zahid2016 (2019-09-24), zahraali989 (2019-09-24)
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