SUPPORT AND RESISTANCE LEVEL FOR TODAY
Pivot Point is 109.05
Support 1 108.91
Support 2 108.91
Support 3 108.91
TREND: BULLISH
Resistance 1 109.28
Resistance 2 109.42
Resistance 3 109.66
Trade at your own risk
Thread: Chf/jpy
SUPPORT AND RESISTANCE LEVEL FOR TODAY
Pivot Point is 109.05
Support 1 108.91
Support 2 108.91
Support 3 108.91
TREND: BULLISH
Resistance 1 109.28
Resistance 2 109.42
Resistance 3 109.66
Trade at your own risk
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omergul (2019-05-21)
CHFJPY Today Analysis
Market Trend Bullish
Pivot Point 108.95
S 1 >>>>> 108.85
S 2 >>>>> 108.70
S 3 >>>>> 108.50
R 1 >>>>> 109.20
R 2 >>>>> 109.45
R 3 >>>>> 109.75
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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 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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A near perfect bearish butterfly (ratio wise) has setup on the hour chart. It's also reacting well to Fibonacci levels as well as the 109.150 price level. I've setup take profits at the .236, .382, and .500 Fibonacci levels. I don't see it going much lower than this as it is in a nice uptrend. We may see a bullish butterfly pattern form after.
1 Resistance is. 109.19
2 Resistance is. 109.37
3 Resistance is. 109.65
1 Supporting is. 108.81
2 Supporting is. 108.77
3 Supporting is. 108.69
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Analysis Today
CHFJPY
PIVOT 109.02
S 1 108.91
S 2 108.68
S 3 108.57
R 1 109.25
R 2 109.36
R 3 109.59
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As Yen outperformed, CHFJPY dropped below 114.00, testing support around 113.50 (hourly SMA90). On the chart, technical indicators suggest bearish bias remains strong and RSI has yet reach 30. Therefore, CHFJPY might extend its losses to 113.18 in short term.
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Arsal22 (2019-05-21), omergul (2019-05-21), QamarXulqi (2019-05-21)
This forex pair represents the US Dollar - Hungarian Forint cross pair. Mining and metallurgy are large industries in Hungary while the economy is also dependent on exports of machinery and equipment (about 50% of exports). In contrast, the US Dollar is the world's top reserve currency, lending a distinct US-European relationship to this currency. The USD/HUF has a significant negative correlation with the EURUSD, with 60-day correlations ranging from -0.5 to -0.9 over the last five years.
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.
Ayfy (2019-05-21), omergul (2019-05-21), QamarXulqi (2019-05-21), zahir123 (2019-05-21)
technical analysis of Chf/jpy is sell
Current Price is ;109.01
Resistance and supporting price is ,,,,
Resistance Price is :
1. Resistance Level:109.46
2. Resistance Level:109.98
3. Resistance Level: 110.15
Supporting price is :
1. Supporting Level: 108.90
2. Supporting Level: 108.78
3. Supporting Level: 108.67
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omergul (2019-05-21)
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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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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