CHF/JPY continues higher

Note: This section contains information in English only.
Source: Dukascopy Bank SA


The last review of the CHF/JPY was done in December 2023. In general, the article revealed that the rate's movements will be impacted by monetary policy, but the broader trend is aimed upwards. Moreover, the pair trades in a broad channel up pattern.

In July, the rate bounced off the 180.00 mark and the upper trend line of the pattern, as the Bank of Japan started to tighten policy. This was followed by a decline to the support range near 165.00. By November, the rate had revealed a junior channel up pattern that was guiding the rate up to the 180.00 mark.

A move above 180.00 might result in the rate eventually testing the upper trend line of the large scale pattern near 190.00.

On the other hand, a decline of the rate would have to decline below the lower trend line of the pattern and the support of the 174.50/175.25 range. Further below, note the 50 and 200-day simple moving average near 172.00. If these levels fail, the lower trend line of the broader channel will come into play.
Back to articles

Actual Topics

Tue, 05 Nov 2024 16:12:07 GMT

AUD/JPY recovery faces resistance

The AUD/JPY was approaching the 110.00 mark, as the Bank of Japan changed policy and started monetary tightening. The change of policy resulted in a drop of the pair as low as 90.00. However, it was followed by a recovery that eventually stopped near the 102.00 mark and the 200-day simple moving average. A move above the 102.00 mark

Tue, 29 Oct 2024 12:50:04 GMT

Uncertainty brings BTC closer to all-time highs

BTC has seen price recovery and heading towards all time high price resistance. Strong price recovery of over 27% has seen BTC closing the gap of the 73 100 USD price level. If 73 100 USD price level is rejected, further downside is possible to support of 60 000 USD and further levels of 53900 USD. Upcoming US elections

Subscribe to "Fundamental Analysis" feed

Subscrever
Para saber mais sobre a plataforma de negociação Dukascopy Bank CFD / Forex, SWFX e outras informações relacionadas com negociação,
por favor entre em contato conosco ou faça um pedido de retorno de chamada.
Para obter mais informações sobre uma potencial cooperação,
ligue-nos ou faça-nos um pedido para ser contactado.
Para saber mais sobre as opções binárias do Dukascopy Bank / Plataforma de negociação Forex, SWFX e outras informações relacionadas com Trading,
ligue-nos ou faça-nos um pedido para ser contactado.
Para saber mais sobre a plataforma de negociação Dukascopy Bank CFD / Forex, SWFX e outras informações relacionadas com negociação,
por favor entre em contato conosco ou faça um pedido de retorno de chamada.
Para saber mais sobre a plataforma de Trading / Trading de Crypto/ CFD / SWFX e outras informações relacionadas à negociação,
ligue-nos ou faça-nos uma pedido para ser contactado.
Para saber mais sobre o programa de Introdutor de Negócios e outras informações relacionadas à negociação,
ligue-nos ou faça-nos uma pedido para ser contactado.
Para obter mais informações sobre uma potencial cooperação,
ligue-nos ou faça-nos um pedido para ser contactado.