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CHFJPY for 1st October

rashadali Posted 18 Aug. as Analysis on CHF/JPY, Target: 110, Date: 1st of October, 12:00 GMT  in #Technical analysis #CHF/JPY
on weekly chart we see MACD showed divergence while price formed double top. Later it fall and broke uptrendline. Price moves mostly inside 50 and 23% fibo.
On daily chart we can see that price is in downtrend. it fall to 23% fibo level from from february fall.
MACD is in convergence. adx bellow 25 and very week.
CONCLUSION: We should see continuation of fall. Price may be around 110 till October.
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CHFJPY for September

rashadali Posted 24 July as Analysis on CHF/JPY, Target: 113, Date: 3rd of September, 12:00 GMT  in #Technical analysis #CHF/JPY
On weekly chart we can see that. Price couldn't move above 50% fibo level. It moved sideway and after divergence in macd fall to 108.6 and now tries to rise. But rpice is below 55 and 144 ema.
On daily chart we can see that price advanced after divergence in MACD. Priced droped lately before reached 50% fibo. ADX is below 25. MACD is in convergence.
CONCLUSION: Trend is not strong but also there is no signal against it. I expect price will continue slowly the trend.
We may see the price around 1…
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CHFJPY for July

rashadali Posted 23 May as Analysis on CHF/JPY, Target: 112.5, Date: 2nd of July, 12:00 GMT  in #Technical analysis #CHF/JPY
On weekly chart we can see that price started recovering from last drop but could not break resistance around 112.
On daily chart we can see that MACD is in convergence with the price. It is bellow 0 line but rising.
ADX is fall bellow 25 anafter drop and now rising.
CONCLUSION: This up move may become stronger trend. Price may advance till 112.5
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