CHFJPY
Swiss Franc / Japanese Yen is overbought on daily timeframe and making itself prepared for a retracement with the following reasons:
Fundamental:
Dollar Strength: Analysts point to a possible bearish Elliott Wave pattern in the Dollar Index (DXY) which might translate into weakness for CHFJPY. The Swiss Franc often moves in line with the Dollar.
Technical:
Bearish Divergences: Some analysts see signs on the hourly chart that could indicate the recent CHFJPY rally is losing steam. These bearish divergences might suggest a potential sell-off if prices fall below a previous low.
Sentiment:
Overall Bearish Market: There's a prevailing sentiment that the broader market is leaning bearish, which could lead to a pullback in CHFJPY along with other currency pairs.
Fundamental:
Dollar Strength: Analysts point to a possible bearish Elliott Wave pattern in the Dollar Index (DXY) which might translate into weakness for CHFJPY. The Swiss Franc often moves in line with the Dollar.
Technical:
Bearish Divergences: Some analysts see signs on the hourly chart that could indicate the recent CHFJPY rally is losing steam. These bearish divergences might suggest a potential sell-off if prices fall below a previous low.
Sentiment:
Overall Bearish Market: There's a prevailing sentiment that the broader market is leaning bearish, which could lead to a pullback in CHFJPY along with other currency pairs.
İşlem aktif
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.