September 12, 2025 a 04:28 am
CHFJPY: Trend and Support & Resistance Analysis
The CHFJPY currency pair demonstrates an interesting shift over the past months, characterized by fluctuating trends and significant zones of support and resistance. Analysts should note the potential upward pressure with the current shifting dynamics. The movement towards a bullish phase could offer opportunities for strategic entry in the currency market.
Trend Analysis
The recent analysis of the CHFJPY currency pair indicates a continually evolving trend. Over the last several months, the pair has shown a transition from a bearish to a more bullish sentiment. Calculations reveal that the EMA20 is currently higher than EMA50, confirming an upward trend. This suggests a short-term bullish outlook.
| Date | Close Price | Trend |
|---|---|---|
| 2025-09-12 | 185.121 | ▲ Up |
| 2025-09-11 | 184.942 | ▲ Up |
| 2025-09-10 | 184.457 | ▲ Up |
| 2025-09-09 | 184.750 | ↗️ Mixed |
| 2025-09-08 | 185.920 | ▲ Up |
| 2025-09-07 | 185.624 | ↗️ Mixed |
| 2025-09-06 | 184.711 | ↘️ Mixed |
Based on this data, the presence of higher lows and higher highs confirms an overall upward trend, suggesting continued momentum.
Support and Resistance
Our analysis identifies two significant zones of support and resistance. The current behavior of CHFJPY is nearing a critical resistance level; however, substantial support below suggests strong buying interest.
| Zone Type | From | To | |
|---|---|---|---|
| Support 1 | 183.00 | 183.80 | ▼ Support |
| Support 2 | 181.00 | 182.00 | ▼ Support |
| Resistance 1 | 186.00 | 187.00 | ▲ Resistance |
| Resistance 2 | 187.50 | 188.50 | ▲ Resistance |
The current trading price is within these resistance levels, indicating a possible consolidation phase before any new significant movement.
Conclusion
The CHFJPY currency pair is currently showing bullish tendencies with potential consolidation around critical resistance zones. Investors should keep an eye on whether these area push the pair toward a higher breakout or a pullback that could bring new support tests. As market factors evolve, the technical picture paints a cautiously optimistic outlook for those considering entering or adjusting positions in this currency pair.