empty
 
 
06.06.2014 03:05 AM
Short-term forecast and intraday recommendations of CHF/JPY for June 06, 2014

CHF/JPY

This image is no longer relevant

Short-term forecast- key resistance level 116.78

The pair has been in a down trend from 119.15 (December 2013 high) and dipped to 111.66 levels. It made a triple top at 117.78 levels, currently it is taking support at 112.82 levels. This week's key resistance level is placed at 114.91 levels. In yesterday's session, it made a high at 114.87. We expect selling will take place until the pair crosses the 114.87 level, if it crosses it, then it will fly to 115.35 levels. For the short-term perspective, until the pair crosses above the 117.78 levels, bears will have an upper hand for an open target for 11.20/110.50 levels.

This image is no longer relevant

Weekly forecast- key resistance level 115.20

In Asia's trading session, the pair opened in a highly bearish mode, opened high and was unable to cross the yesterday's high of 114.87. The pair looks safe for buying only above 114.93 for 115.20 as immediate targets; short here with sl 115.35. This view is for weekly trading perspective (June 06-13). A day close above 115.20 (50-day SMA), it can extend its rally up to 116 and 116.80 levels. No longs until the pair trades above 114.87 levels.

For intraday basis, the pair set for a correction to 114.60, 114.50, 114.40, 114.23, 114 and 113.80 levels. Traders can buy above 114.93 for targets 115.20, 115.28 and 115.50 levels.

InstaForex Analyst,
Especialista em análise na InstaForex
© 2007-2024
Ganhe com as variações das taxas das criptomoedas com a InstaForex.
Baixe o MetaTrader 4 e abra a sua primeira operação.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    PARTICIPE DO CONCURSO
  • Chancy Deposit
    Deposite US $ 3.000 em sua conta e receba $1000 mais!
    Em Junho nós sorteamos $1000 na campanha Chancy Deposit!
    Tenha a chance de ganhar, depositando $3,000 em sua conta de negociação. Após cumprir essa condição, você se torna um participante da campanha.
    PARTICIPE DO CONCURSO
  • Trade Wise, Win Device
    Abasteça a sua conta com pelo menos $500, inscreva-se no concurso e tenha a chance de ganhar dispositivos móveis.
    PARTICIPE DO CONCURSO
  • Bônus de 100%
    Sua oportunidade única de receber um bônus de 100% em seu depósito
    RECEBA O BÔNUS
  • Bônus de 55%
    Solicite um bônus de 55% em cada depósito
    RECEBA O BÔNUS
  • Bônus de 30%
    Receba um bônus de 30% toda vez que você fizer um depósito em sua conta
    RECEBA O BÔNUS

Recommended Stories

Não pode falar agora?
Faça sua pergunta no chat.
Widget callback