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CHF/JPY Trade Ideas

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CHF/JPY failed to recover
CHF/JPY failed to recover
Trade idea SELL 108.57; TP 108.05; SL 108.85 CHF/JPY has recently broken below the support line from May lows. On Tuesday, the pair tried to revisit higher levels but ultimately closed near the day’s low forming a candlestick with a long upper wick on D1. This means that sellers seized control and m...
13
Important levels for CHF/JPY
Trade ideas: SELL 108.60; TP 108.25; SL 108.75 BUY 109.15; TP 109.40; SL 109.05 CHF/JPY met the resistance of the declining 50-day MA and turned down. Its potential target lies at the support line connecting the lows of May in the 108.25 area. That is a likely scenario as the yen seems like the stro...
0
CHF/JPY: how to trade in a range
CHF/JPY: how to trade in a range
Trade idea BUY 110.90; TP 111.80; SL 110.65 CHF/JPY has been consolidating within a pennant formation since February. The pair is currently at the support levels. Stochastic Oscillator on H4 shows that it’s oversold. As a result, it’s possible to expect the CAD turn higher aiming at the top of the t...
1


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