November 26, 2025 a 04:28 am
CHFJPY: Trend and Support & Resistance Analysis
The CHFJPY currency pair has shown a significant reversal pattern over the past months with fluctuating movements. Recent data indicates potential signs of an upward momentum although overall volatility remains high. With multiple support and resistance zones, traders should remain cautious and consider short-term as well as long-term strategies.
Trend Analysis
Upon analyzing the historical data for CHFJPY, we observe that the EMA20 has crossed above the EMA50 in recent days, suggesting the emergence of an ▲ upward trend. Over the past 7 days, data demonstrates consistent price movements with potential further upticks.
| Date | Close Price | Trend |
|---|---|---|
| 2025-11-26 | 193.726 | ▲ |
| 2025-11-25 | 193.15 | ▲ |
| 2025-11-24 | 194.019 | ▲ |
| 2025-11-23 | 193.655 | ▲ |
| 2025-11-21 | 193.306 | ▲ |
| 2025-11-20 | 195.37 | ▲ |
| 2025-11-19 | 195.008 | ▲ |
The upwards trend is confirmed by the consistency between the indicator crossovers and daily closing prices. This may signify a bullish sentiment returning to the market.
Support and Resistance Analysis
By examining the recent price actions, we define two critical support and resistance zones for CHFJPY. The support zones are established given the historical lows, while resistance zones are identified at recent highs.
| Zone Type | From Price | To Price |
|---|---|---|
| Support Zone 1 | 190.50 | 191.50 |
| Support Zone 2 | 188.00 | 189.00 |
| Resistance Zone 1 | 193.50 | 194.50 |
| Resistance Zone 2 | 195.50 | 196.50 |
Currently, CHFJPY is hovering around a resistance level, suggesting potential for short-term volatility as it attempts to break through this barrier.
Conclusion
The technical analysis for CHFJPY highlights a strong possibility for further upward movement, backed by EMA crossovers and current market conditions. However, the presence of significant resistance levels might induce short-term pullbacks. Investors should closely monitor price action around these key zones to adapt to possible market shifts, balancing risks with potential upside opportunities.