{"id":28735,"date":"2012-04-04T07:05:17","date_gmt":"2012-04-04T11:05:17","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/2012\/04\/chfjpy-looks-to-correct-losses-might-reach-86-40\/"},"modified":"2012-04-04T07:05:17","modified_gmt":"2012-04-04T11:05:17","slug":"chfjpy-looks-to-correct-losses-might-reach-86-40","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2012\/04\/04\/chfjpy-looks-to-correct-losses-might-reach-86-40\/","title":{"rendered":"CHF\/JPY Looks to Correct Losses, Might Reach 86.40"},"content":{"rendered":"<p><strong>Source: <a href=\"http:\/\/www.forexyard.com\/landsys\/general_static\/en\/?pid=545&#038;mid=888&#038;cid=15844&#038;zid=15873\" target=\"_blank\">ForexYard<\/a><\/strong><\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/profile-pics\/6.jpg\" width=\"120\" alt=\"printprofile\" \/><\/p>\n<p>The <a href=\"http:\/\/www.forexyard.com\/en\/trading\/chf-jpy\">CHF\/JPY<\/a> pair is in the midst of a bearish trend, and has recently dropped to the 85.20 level. Nevertheless, technical analysis indicates that a bullish correction may be impending, as a bullish cross has taken place on both the Slow <a href=\"http:\/\/www.forexyard.com\/en\/stochastic\">Stochastic<\/a> and the <a href=\"http:\/\/www.forexyard.com\/en\/relative-strength-index-rsi\">RSI<\/a>. In addition, the <a href=\"http:\/\/www.forexyard.com\/en\/bollinger-bands\">Bollinger Bands<\/a> have tightened, suggesting that a sharp move should take place soon. The next <a href=\"http:\/\/www.forexyard.com\/en\/price-resistance-levels\">resistance level<\/a> is located at the 85.90 level. If the pair will manage to cross the resistance level, it looks to reach the 86.40 level.<span><\/span><\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2011\/01\/CHF-JPY.bmp\" alt=\"CHF JPY\" class=\"alignnone size-full wp-image-12615\" \/><\/p>\n<p><strong><a href=\"http:\/\/www.forexyard.com\/landsys\/general_static\/en\/?pid=545&#038;mid=888&#038;cid=15844&#038;zid=15873\" target=\"_blank\">Forex Market Analysis provided by ForexYard. <\/a><\/strong><\/p>\n<p>\u00a9 2006 by FxYard Ltd<\/p>\n<p>Disclaimer: Trading Foreign Exchange carries a high level of risk and may not be suitable for all investors. There is a possibility that you could sustain a loss of all of your investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: ForexYard The CHF\/JPY pair is in the midst of a bearish trend, and has recently dropped to the 85.20 level. Nevertheless, technical analysis indicates that a bullish correction may be impending, as a bullish cross has taken place on both the Slow Stochastic and the RSI. In addition, the Bollinger Bands have tightened, suggesting &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2012\/04\/04\/chfjpy-looks-to-correct-losses-might-reach-86-40\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;CHF\/JPY Looks to Correct Losses, Might Reach 86.40&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-28735","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/28735","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=28735"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/28735\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=28735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=28735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=28735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}