| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Buy | Neutral |
| Alligator (13; 8; 5) | Sell | Sell | Sell |
| SAR (0.02; 0.2) | Sell | Sell | Sell |
| Aggregate | ⇒ | ⇒ | ⇒ |
[ANNOUNCE]The Swiss Franc has depreciated substantially against the Japanese Yen during the past one month. This bearish movement has been stranded in a three-month descending pattern whose upper boundary was hit on April 24.[/ANNOUNCE]
The 200– hour simple moving average has provided strong resistance for the currency pair and thus sending the pair further south. However, this fall could encounter a support formed by the monthly S1 at 109.93.
As for near future, the CHF/JPY exchange rate is likely to continue to losing strength. Meanwhile, technical indicators demonstrate that bears could grow stronger during the following trading sessions.