November 02, 2025 a 04:28 am
CHFJPY: Trend and Support & Resistance Analysis
The CHFJPY currency pair has displayed a gradual increase in its value over several months, suggesting a strong bull market trend. A steady rise in the exchange rate indicates bullish sentiment among traders. Recent data should be closely monitored to determine any shifts in market dynamics.
Trend Analysis
The current trend analysis for CHFJPY displays a pronounced upward movement over the last few months. Calculating the EMA20 and EMA50, we observe that the EMA20 is above the EMA50, indicating a ▲ persistent uptrend. Below are the details for the last 7 trading days:
| Date | Closing Price | Trend |
|---|---|---|
| 2025-11-01 | 191.974 | ▲ Uptrend |
| 2025-10-31 | 191.279 | ▲ Uptrend |
| 2025-10-30 | 192.223 | ▲ Uptrend |
| 2025-10-29 | 190.789 | ▲ Uptrend |
| 2025-10-28 | 191.6 | ▲ Uptrend |
| 2025-10-27 | 192.128 | ▲ Uptrend |
| 2025-10-26 | 192.257 | ▲ Uptrend |
The persistence of the uptrend is confirmed by the EMA values, suggesting ongoing bullish momentum. Technical traders can look for buying opportunities.
Support and Resistance
Identifying the key support and resistance zones for CHFJPY, we find that the support zones lie between 189.0 and 190.0, and 187.0 and 188.0. The resistance zones are identified at 192.5 to 193.5, and 195.0 to 196.0.
| Zone Type | From | To |
|---|---|---|
| Support | 187.0 | 188.0 |
| Support | 189.0 | 190.0 |
| Resistance | 192.5 | 193.5 |
| Resistance | 195.0 | 196.0 |
Currently, the exchange rate is near the resistance zone between 192.5 and 193.5. This level should be monitored for potential breakout or reversal signals.
Conclusion
In summary, the CHFJPY exchange rate shows a strong bullish trend supported by the EMA indicators and recent price movements. Traders should be aware of the nearby resistance zones, which could act as potential barriers to further upward movement. However, a breakout above these levels could offer significant upside potential. Conversely, any weakness leading to a break below the support zones could suggest the beginning of a consolidation or bearish phase. Maintaining vigilance around these key levels is essential for anticipating future price action in this currency pair.