Currencies

HomeCurrencies

CHFJPY Price Analysis and Forecast – October 31, 2024

The CHFJPY currency pair has consistently closed below the 177.25 level, increasing the likelihood of triggering the previously suggested corrective bearish trend. The stochastic...

Will CHF Weaken in 2024?

As we approach 2024, currency markets are abuzz with speculation regarding the future movements of various currencies, including the Swiss Franc (CHF). Known for...

What Stablecoin Is Pegged to the Swiss Franc?

Stablecoins have emerged as a significant category of cryptocurrency, designed to maintain price stability by pegging their value to traditional fiat currencies or commodities....

What Affects CHF Currency?

The Swiss Franc (CHF) is one of the most stable and sought-after currencies in the world. It...

What is the CHF Backed By?

The Swiss Franc (CHF) is often regarded as one of the most stable and secure currencies in...

What is the Future of the Swiss Franc?

The Swiss franc (CHF) has long been regarded as one of the world’s most stable and reliable...

Explore more

USD/JPY Resumes Decline, Targets 146.17

The USD/JPY pair has resumed its bearish movement after a bearish rebound from the broken support of the bullish channel. The pair is heading...

USD/JPY Shows Signs of Recovery Amidst Fluctuations

The USD/JPY pair is currently exhibiting a fluctuating pattern around the previously breached support level, now identified at 147.40. Sustaining a position below this...

USD/CHF Faces Resistance Amid Bullish Attempt

The USD/CHF pair is currently demonstrating a prevailing bullish bias, signaling an attempt at price recovery. However, the upward movement encounters resistance from the...

USD/CHF Exhibits Negative Pattern

The USD/CHF pair demonstrated a notable positive performance in the recent session, successfully breaching the 0.8710 level. However, a closer examination reveals that the...

USD/JPY Tests Resistance: Potential for Bearish Movement

The USD/JPY pair exhibited evident positive movement in recent sessions, approaching the crucial resistance level at 147.20. Notably, the price is consolidating just below...

GBPJPY Postpones Anticipated Bullish Rally, Faces Bearish Pressures

The GBPJPY pair encountered notable downward pressure on the last trading day, leading to a breach below the 186.25 level. A double bottom pattern...

EURJPY Faces Significant Losses, Enters Bearish Territory

The EURJPY pair has succumbed to a pronounced bearish bias, recently dipping below the 61.8% Fibonacci correction level at 160.20. This decisive move confirms...

Technical Analysis: GBPJPY Capitalizes on Positive Momentum

The GBPJPY pair has effectively shaken off the influence of corrective bearish pressures, notably encountering the MA55 at 183.23. A noteworthy development is the...

Technical Analysis: CHFJPY Shows Persistent Positive Momentum

The CHFJPY pair has demonstrated a continuation of positive closings, maintaining a favorable stance above the additional support at 166.70. This positive stability has...

GBPJPY: Correctional Decline Continues

The GBPJPY pair has affirmed its adherence to the corrective bearish bias by touching the 186.42 level, nearing the anticipated downside target. This bearish...

EURJPY: Bearish Momentum as Support Breaks at 161.70

The EURJPY pair has successfully breached the support line of the bullish channel at 161.70, signaling a shift towards the bearish track, reaching the...

Hedge Funds Halve Bullish Dollar Bets as Rate Cut Expectations Soar: McGeever

Hedge funds have significantly scaled back their optimism on the dollar, slashing net long positions against major and emerging currencies by $5.5 billion, the...

Latest Articles