| Indicator | 1H | 4H | 1D |
| MACD (12; 26; 9) | Sell | Sell | Sell |
| RSI (14) | Neutral | Neutral | Buy |
| Stochastic (5; 3) | Sell | Buy | Sell |
| Alligator (13; 8; 5) | Sell | Sell | Sell |
| SAR (0.02; 0.2) | Buy | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇘ |
CHF/JPY is trading in a short-term broadening wedge valid since late July. Currently, the rate has entered a consolidation period near the 113.50 mark, as it was unable to surpass a strong resistance cluster formed by the 55-, 100– and 200-hour SMAs. In accordance with the broadening wedge, the Franc should trade lower to reach the bottom wedge boundary. However, the aforementioned consolidation period suggests that the rate is trying to push above the SMAs to form a junior ascending wedge. Technical indicators are gradually changing in favour of bears, suggesting that the rate may eventually trade north. Alternatively, the rate's inability to appreciate should result in a fall down to the 112.50 area.