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Tag: CHFJPY

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 […]

Mar 09
CHFJPY Wave Analysis – 9 March, 2022

• CHFJPY reversed from support area• Likely to rise to resistance level 125.70 CHFJPY currency pair recently reversed up from the support area located between the key support level 124.00 (which has been reversing the price from the start of February) and the lower daily Bollinger Band. The upward reversal from this support area stopped […]

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