Chf / Jpy Analysis Signal Report From Centreforex

ChfJpy : 21/11/2017 Technical Analysis Report
Our Preference: Sell Below 113.70 for the target of 112.90 level
Alternative Scenario: Nill

Technical Commentary: In Daily Chart :- Last week ChfJpy was broken the triangle pattern on lower side and its broken the major previous key support low level and last week we got closing on lower side as bearish candle so we can except on selling side and we can sell near intraday resistance levels and except upto next key support levels:- which we have shown in attached image.

ChfJpy : 30/11/2017 Technical Analysis Report From Centreforex

Our Preference: Buy Above 113.10 for the target of 114.40 level
Alternative Scenario: Nill

Technical Commentary: In Daily Chart :- Yesterday ChfJpy was closed on higher side as bullish candle and it was closed above the key support level of lower trend line and closed above 50 % Fibonacci retracement level, so we can except on buying side and we can buy near intraday support levels and except upto next key resistance levels:- which we have shown in attached image.

ChfJpy : 07/12/2017 Technical Analysis Report From Centreforex

Our Preference: Buy Above 113.00 for the target of 114.40 level
Alternative Scenario: Sell Below 114.00 for the target of 113.10

Technical Commentary: In Daily Chart :- ChfJpy was trading in the triangle pattern, ChfJpy was failure to break the upper trend line, after testing the upper trend line its came down its closed as bearish candle, now its trading near lower trend line and 50 % Fibonacci retracement level coming near lower trend line of the triangle pattern, so we can except on buying side and we can buy near intraday support levels and except upto next key resistance levels:- which we have shown in attached image.

ChfJpy : 12/12/2017 Technical Analysis Report From Centreforex

Our Preference: Sell Below 114.50 for the target of 113.40
Alternative Scenario: Nill

Technical Commentary: In Daily Chart :- ChfJpy was trading in the descending triangle pattern, ChfJpy was trading near the upper trend line and its failure to break the upper trend line, now its trading near 38 % Fibonacci retracement level, so we can except on selling side and we can sell near upper tend line and except upto next key support levels:- which we have shown in attached image.

ChfJpy : 22/12/2017 Technical Analysis Report From Centreforex

Our Preference: Sell Below 115.00 for the target of 113.50
Alternative Scenario: Nill

Technical Commentary: In Daily Chart :- ChfJpy was trading below the key resistance of horizontal line and its trading below the upper trend line so we can except on selling side and we can sell near intraday resistance levels and except upto next key support levels:- which we have shown in attached image

By Subramanian @ Centreforex