01.02.202406:01 Forex Analysis & Reviews: Technical Analysis of Intraday Price Movement of CHF/JPY Cross Currency Pairs,Thursday February 01 2024.

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

With the appearance of a deviation pattern between the price movement of the CHF/JPY currency pair and the Stochastic Oscillator indicator, this gives an indication that in the near future CHF/JPY has the potential to try to break below level 169.81 if there is an upward correction as long as it does not break above level 171.28 then CHF/JPY will continue to weaken to level 168.74.

(Disclaimer)

Back to the list

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.