CHF/JPY Up 3 Pips Over Past 4 Hours, Nears 20, 50 and 100 Day Moving Averages; Pin Bar Pattern Appearing on Chart
As for the rationale, technical traders seem to be citing the appearance of a fibonacci technical pattern.
CHFJPY
(Last Updated April 8, 2020)
Welcome to the news page for CHFJPY. Below you’ll find our daily market updates. Here’s a summary of where things currently stand:
The Latest News On Trends by Moving Averages
Here is what the moving averages are indicating about the trend in the rate of CHFJPY:
20 Day Moving Average Direction: bullish
50 Day Moving Average Direction: bearish
100 Day Moving Average Direction: bullish
200 Day Moving Average Direction: bullish
How the Current CHFJPY Rate Fares Relative to the Past Year?
The exchange rate for CHFJPY closed yesterday at 112.166. On a relative basis, that puts the pair closer to its 52 week high (currently at 114.393) than its 52 week low (now at 106.736).To dig deeper and get the latest news on CHFJPY, try the links below. You can also visit the MarketWatch or Investing.com pages on CHFJPY for more news as well.
CHF/JPY Down 19 Pips in Last 4 Hours, Came Into Today Up For the 3rd Day In A Row; is Inching Close to 20, 50 and 100 Day Averages
Or to simplify this another way, note that out of the past 14 days chf/jpy’s price has gone down 8 them.
CHF/JPY Up 7 Pips in Last 4 Hours, is Inching Close to 20, 50 and 100 Day Averages; Pin Bar Pattern Appearing on Chart
As for the rationale, technical traders seem to be citing the appearance of a fibonacci technical pattern.
CHF/JPY Up 37 Pips in Last 4 Hours, in a Downtrend Over Past 14 Days; Eyes 200 Day Average
Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving down.
CHF/JPY Up 6 Pips Over Past 4 Hours, 7 Day Down Streak Snapped; Price Base in Formation Over Past 30 and 90 Days
Also of note is that on the 30 and 90 day bases price appears to be forming a base — which could the stage for it being a support/resistance level going forward.
CHF/JPY Down 4 Pips in Last 4 Hours, Moves Up For the 2nd Day In A Row; Doji and Pin Bar Patterns Appearing on Chart
Compared to its peers in the forex, chf/jpy gave its buyers a return that ranked 16th in terms of percentage change since the day prior.
CHF/JPY Up 4 Pips On 4 Hour Chart, 5 Day Down Streak Snapped; Pin Bar Pattern Appearing on Chart
Compared to its peers in the forex, chf/jpy gave its buyers a return that ranked 26th in terms of percentage change since yesterday.
CHF/JPY Up 3 Pips Over Past 4 Hours, Came Into Today Down For the 7th Day In A Row; Price Base in Formation Over Past 90 Days
This imputes a buy/sell ratio of 0, which is quite bearish.
CHF/JPY Down 45 Pips in Last 4 Hours, Entered Today Down For the 2nd Day In A Row; Pin Bar Pattern Appearing on Chart
As for the rationale, technical traders seem to be citing the appearance of a pennant technical pattern.
CHF/JPY Down 21 Pips in Last 4 Hours, Crosses 20 and 50 Day Moving Averages; Pin Bar Pattern Appearing on Chart
This imputes a buy/sell ratio of 0.07, which is quite bearish.