Dukascopy

CHF/JPY 1H Chart: Franc enters period of consolidation

FX:CHFJPY   瑞郎/日元
CHF/JPY             is trading in a two-month descending channel . This downward-sloping movement prevailed for most of this time until last week when the Swiss Franc             failed to test its bottom boundary circa 112.80.

Nevertheless, the pair likewise failed to edge higher and thus entered a week-long consolidation period in the 113.16/56 area. This balance between bulls and bears continues to prevail the market and might do so during this session, as well.

However, a breakout is likely to occur during the following trading sessions and, in case the rate fails to move below the psychological 113.00 mark, the bullish sentiment should eventually take the upper hand and lead the pair towards a breakout of the senior channel circa 114.30.
简体中文
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
繁體中文
首页 股票筛选器 外汇信号搜索器 加密货币信号搜索器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
个人资料 个人资料设置 账号和账单 我的支持标签 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出