Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Forex Discussions
Technical Analysis
Technical Analysis #C-LHOG : 2021-09-13
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="IFC Markets, post: 215492, member: 18359"] [HEADING=1]CHF JPY Technical Analysis - CHF JPY Trading: 2022-12-05[/HEADING] [HEADING=1]CHF/JPY Technical Analysis Summary[/HEADING] Below 142,5 Sell Stop Above 150,5 Stop Loss [TABLE] [TR] [TD]Indicator[/TD] [TD]Signal[/TD] [/TR] [TR] [TD]RSI[/TD] [TD]Neutral[/TD] [/TR] [TR] [TD]MACD[/TD] [TD]Sell[/TD] [/TR] [TR] [TD]MA(200)[/TD] [TD]Neutral[/TD] [/TR] [TR] [TD]Fractals[/TD] [TD]Sell[/TD] [/TR] [TR] [TD]Parabolic SAR[/TD] [TD]Sell[/TD] [/TR] [TR] [TD]Bollinger Bands[/TD] [TD]Sell[/TD] [/TR] [/TABLE] [HEADING=1]CHF/JPY Chart Analysis[/HEADING] [IMG]https://ifccd.net/uploads/image/tanalysis/new/2ccf7510736e7f0d255275cd7c146809b69d45fd.png[/IMG] [HEADING=1]CHF/JPY Technical Analysis[/HEADING] On the daily timeframe, CHFJPY: D1 went down from the triangle. A number of technical analysis indicators have formed downward signals. We do not rule out a bearish movement if CHFJPY: D1 falls below the last low and lower Bollinger band: 142.5. This level can be used as an entry point. The initial risk limit is possible above the last 4 upper fractals, the upper Bollinger line and the Parabolic signal: 150.5. After opening a pending order, we move the stop following the Bollinger and Parabolic signals to the next fractal low. Thus, we change the potential profit/loss ratio in our favor. The most cautious traders, after making a trade, can switch to a four-hour chart and set a stop loss, moving it in the direction of movement. If the price overcomes the stop level (150.5) without activating the order (142.5), it is recommended to delete the order: there are internal changes in the market that were not taken into account. [HEADING=1]Fundamental Analysis of Forex - CHF/JPY[/HEADING] The Japanese yen showed a strong strengthening in November. Will CHFJPY quotes continue to decline? The move down means the weakening of the Swiss franc against the Japanese yen. In November, the Japanese yen appreciated about 7% against the US dollar. This is the maximum for 14 years. It is possible that it will strengthen against other currencies as well. The Bank of Japan (BOJ) is the only global central bank to maintain a negative rate (-0.1%). Some market participants do not exclude the tightening of its monetary policy at the meeting on December 20th. Inflation in Japan in October amounted to 3.7% y/y. On December 8, Japan will release data on GDP for the 3rd quarter in the final estimate. In Switzerland on December 7, there are data on unemployment for November. The next meeting of Swiss National Bank (SNB) will take place on December 15. Its rate is +0.5% and no increase is expected. [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…