Tag: CHFJPY

Nov 22
CHFJPY Wave Analysis – 22 November, 2022

• CHFJPY reversed from support level 144.50 • Likely to rise to resistance level 150.00 CHFJPY recently reversed up from the key support level 144.50 (which stopped the price in September), standing near the lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse (1) from August. The upward reversal from the […]

Oct 27
CHFJPY Wave Analysis – 27 October, 2022

• CHFJPY reversed from resistance level 150.40 • Likely to fall to support level 146.00 CHFJPY currency pair recently reversed down from the key resistance level 150.40 (which has been steadily reversing the pair from the start of September) strengthened by the upper daily Bollinger Band. The downward reversal from the resistance level 150.40 started […]

Sep 28
CHFJPY Wave Analysis – 28 September, 2022

• CHFJPY rising inside impulse wave (3) • Likely to test resistance level 148.00 CHFJPY rising inside the intermediate impulse wave (3), which started earlier from the key support level 144.00 (former monthly high from June), intersecting with the daily up channel from May. The active impulse wave (3) belongs to the higher order primary […]

Sep 22
CHFJPY Wave Analysis – 22 September, 2022

• CHFJPY reversed from resistance zone • Likely to fall to support level 144.00 CHFJPY recently reversed down sharply from the resistance zone located between the round resistance level 150.00 (which formed the daily Evening Start patter at the start of this month) and the upper daily Bollinger Band. The downward reversal from the resistance […]

Sep 06
CHFJPY Wave Analysis – 6 September, 2022

• CHFJPY broke key resistance level 143.10 • Likely to rise to resistance level 146.00 CHFJPY currency pair recently broke the key resistance level 143.10, which has been reversing the price from the end of June, as you can see from the daily CHFJPY chart below. The breakout of the resistance level 143.10 accelerated the […]

Aug 30
CHFJPY Wave Analysis – 30 August, 2022

• CHFJPY reversed from resistance level 143.00 • Likely to fall to support level 141.35 CHFJPY currency pair recently reversed down from the key resistance level 143.00 (which stopped the previous impulse waves (5) and (B)) intersecting with the upper daily Bollinger Band. The downward reversal from the resistance level 143.00 stopped the earlier short-term […]

Aug 23
CHFJPY Wave Analysis – 23 August, 2022

 • CHFJPY reversed from resistance level 143.10 • Likely to fall to support level 140.60 CHFJPY currency pair recently reversed down from the key resistance level 143.10 (which has been reversing the pair from the end of June) intersecting with the upper daily Bollinger Band. The downward reversal from the resistance level 143.10 stopped the […]

Aug 06
CHFJPY Wave Analysis – 5 August, 2022

• CHFJPY reversed from support level 138.80 • Likely to rise to resistance level 142.00 CHFJPY recently reversed up from the support level 138.80, strengthened by the lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse wave 1 from June. The upward reversal from the support level 138.80 started the active […]

May 23
CHFJPY Wave Analysis – 23 May, 2022

• CHFJPY broke daily up channel• Likely to rise to resistance level 133.00 CHFJPY currency pair continues to rise after the pair broke through the resistance trendline of the daily up channel from the end of last month. The breakout of this up channel accelerated the active impulse wave (1) which started earlier from the […]

Apr 14
CHFJPY Wave Analysis – 14 April, 2022

• Freversed from resistance level 134.60• Likely to fall to support level 132.00 CHFJPY currency pair recently reversed down from the key round resistance level 134.60 (previous multi-month high from 2015) – standing near the upper daily and weekly Bollinger Bands. The downward reversal from the resistance level 134.60 created the daily candlesticks reversal pattern […]