CHF/JPY 15-Minute Time Frame (15TF) Technical & Fundamental Analysis
CHF/JPY 15-Minute Time Frame (15TF) Technical & Fundamental Analysis
On June 20, the Swiss National Bank (SNB) cut interest rates to 0% in an effort to weaken the Swiss franc and combat deflation. This rate cut reduces the yield appeal of CHF, increasing its downside risk in the short to medium term.
On the other side, the Japanese Yen (JPY) initially weakened due to rising oil prices, which hurt Japan’s trade balance. However, recent ceasefire agreements in the Middle East have helped ease oil prices, reducing Japan’s import strain. This shift is now mildly bullish for the yen, giving it more strength in the CHF/JPY pair.
📉 Technical Outlook
CHF/JPY has formed a double top pattern, suggesting a potential price reversal. The pair has also broken a minor key support level at 180.200, followed by accumulation of sell positions.
Price has moved into a liquidity zone, likely hunting stop-losses before initiating distribution. This behavior aligns with smart money tactics.
A limit sell setup is in place, waiting for confirmation at key levels.
📊 Trade Setup
📍 Area of Interest (AOI): 180.160 (Limit Sell Order)
🛡 Stop-Loss: 180.330 (Above recent liquidity grab)
🎯 Take Profit: 179.720 (Next minor support / ~1:2 RR)
This setup is supported by institutional price behavior—accumulation, stop-hunt, and distribution—indicating a bearish move may be underway.
📌 Disclaimer:
This is not financial advice. Always wait for proper confirmation before executing trades. Manage risk wisely and trade what you see—not what you feel.
CHF/JPY 15-Minute Time Frame (15TF) Technical & Fundamental Analysis
On June 20, the Swiss National Bank (SNB) cut interest rates to 0% in an effort to weaken the Swiss franc and combat deflation. This rate cut reduces the yield appeal of CHF, increasing its downside risk in the short to medium term.
On the other side, the Japanese Yen (JPY) initially weakened due to rising oil prices, which hurt Japan’s trade balance. However, recent ceasefire agreements in the Middle East have helped ease oil prices, reducing Japan’s import strain. This shift is now mildly bullish for the yen, giving it more strength in the CHF/JPY pair.
📉 Technical Outlook
CHF/JPY has formed a double top pattern, suggesting a potential price reversal. The pair has also broken a minor key support level at 180.200, followed by accumulation of sell positions.
Price has moved into a liquidity zone, likely hunting stop-losses before initiating distribution. This behavior aligns with smart money tactics.
A limit sell setup is in place, waiting for confirmation at key levels.
📊 Trade Setup
📍 Area of Interest (AOI): 180.160 (Limit Sell Order)
🛡 Stop-Loss: 180.330 (Above recent liquidity grab)
🎯 Take Profit: 179.720 (Next minor support / ~1:2 RR)
This setup is supported by institutional price behavior—accumulation, stop-hunt, and distribution—indicating a bearish move may be underway.
📌 Disclaimer:
This is not financial advice. Always wait for proper confirmation before executing trades. Manage risk wisely and trade what you see—not what you feel.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.