The Signal Overview at the top weighs five of the readings above into one score, and the setups worth acting on are the ones where the factors that voted agree. Every pair ranked: Signals. Today's plans: Daily Forecast.
CHF/JPY Analysis
Comprehensive analysis for CHFJPY showing a tentative bullish bias (low confidence) with 63% bullish signal balance across the weighted factors. Market structure, technical patterns, and key levels examined across multiple timeframes.
View CHFJPY sentiment overview
AI analyst comment
CHFJPY held a double bottom at 187.59-187.637 within its 187.6-192.5 range. The Oct 1 candle rallied from 188.08 to 190.19, and Oct 2 extended to 190.944. MACD is below zero but rising, with a +0.23 histogram, while RSI 43.9 has yet to reclaim 50, so the rebound is early. Retail at 58% long gives no contrarian signal. Holding above 189.836 keeps the bounce on track toward 191.932-192.478, while a fall back below 189.082 would return the pair to the range floor.
Signal Overview
Bullish
Low Confidence
Medium Volatility
Signal Balance:
63% Long
37% Short
Signal strength
26%
Factor agreement
100% of weight
Factor detail
Strength
23%
Patterns
14%
S/R
36%
HP Zones
27%
Sentiment
retail positioning too balanced to count (58% long)
—
Signal Analysis:
The analysis indicates a low confidence bullish bias for CHFJPY (signal strength: 26%). Supporting factors include: Price sits between support at 189.836 (0.32% below) and resistance at 190.944 (0.26% above) with no clear edge; the analysis reads the structure as bullish; CHF is showing relative strength against JPY (diff: 38%). Volatility on this pair is currently medium.
AI Daily Forecast
NO PLAN The AI reads CHFJPY as directionless for this session, so it publishes no entry, stop or target.
The pair has a neutral bias inside the 187.6-192.5 range, with retail leaning long against the 1 October rally. There is no edge.
Not the signal above, which is a score refreshed every three hours: this plan is written once a night, for one session. The full board.
Sentiment Analysis
LONG
SHORT
58%
42%
Historical Sentiment
Sentiment Interpretation
Retail positioning is balanced (58% long). Up to 60% on either side it carries no weight in our signals, and a balanced reading says nothing about the next move.
Price and retail positioning
The same retail long % as above, over the whole archive and drawn against the price. Candles from 15 minutes to monthly.
Retail
Open CHF/JPY on TradingViewCharts drawn with TradingView Lightweight Charts™ · Copyright (с) 2025 TradingView, Inc.
Daily candles from our broker price feed, 2 October 2023 to 2 October 2026 (bid prices; the day closes at 17:00 New York); weekly and monthly candles are built from them. Drag to pan; scroll, drag the time axis or pinch to zoom. On a touch screen, drag the price scale with one finger to move the chart up or down, with two to stretch it, and double-tap it to reset.
The 15-minute, hourly and four-hour candles come from the same feed and load when you pick them; older ones load by themselves as you scroll left, back to the start of the archive. Four-hour candles open at 17:00, 21:00, 01:00, 05:00, 09:00 and 13:00 New York, as on TradingView. Their last candle is still forming and refreshes about every minute while the view is open. On those views the retail positioning is drawn as steps: it is a snapshot every 3 hours, not a minute-by-minute reading.
Retail positioning: daily snapshots since 14 May 2025, 365 so far · latest 58% long at 2 Oct 21:00 UTC; on the weekly and monthly views it is the average of the trading days. From 60% on one side it counts as crowded and from 75% as extreme, the same three states the Trade Panel shows. The positioning is refreshed every 3 hours on weekdays, not real-time.
Want this retail positioning on your MT5 charts? The Trade Panel puts it inside MetaTrader 5 for all 29 markets, next to our signal and the AI plan of the day, and the Chart Panel, new in 1.8, draws them on the chart you trade. One license covers both panels.
Discover the panelSupport & Resistance Analysis
Arithmetic pivots for this pair are pre-filled in the CHFJPY pivot point calculator.
Analysis Price:
190.442
Market price now190.444Fri 2 Oct, 20:50 UTC · market closed
Between S1 189.836 (60.8 pips below) and R1 190.944 (50.0 pips above)
Resistance Levels
R1:
190.944
0.26%
↑
R2:
191.932
0.78%
↑
R3:
192.478
1.07%
↑
Support Levels
S1:
189.836
0.32%
↓
S2:
189.082
0.71%
↓
S3:
188.455
1.04%
↓
S4:
187.614
1.49%
↓
Market Regime:
Range
AI Bias:
Bullish
Price Position Analysis
Price is between support at 189.836 (0.32% below analysis price) and resistance at 190.944 (0.26% above), with slightly closer proximity to resistance. Watch for rejection confirmation at resistance or break above.
Chart Pattern Analysis
D1
63%
Bullish Engulfing
Reliability:
Detected: Oct 1, 00:00 · 1 D1 bar ago
H4
71%
Evening Star
Reliability:
Detected: Oct 2, 09:00 · 2 H4 bars ago
D1
60%
Hammer
Reliability:
Detected: Sep 30, 00:00 · 2 D1 bars ago
H4
59%
Shooting Star
Reliability:
Detected: Oct 2, 09:00 · 2 H4 bars ago
Pattern Analysis Interpretation
Mixed pattern signals detected, suggesting conflicting technical factors. The most relevant formation right now is a Bullish Engulfing on D1, documented at 63% historical reliability for that pattern type, printed 1 D1 bar ago. The directional readings point in opposite ways, so this is a conflict rather than a confirmation.
High Probability Zones
Support Zone
69%
Zone Level:
188.455
Analysis Price:
190.442
Distance:
1.04%
Market price now190.444Fri 2 Oct, 20:50 UTC · market closed
198.9 pips above the zone
Confluence Factors:
Support Zone
65%
Zone Level:
189.836
Analysis Price:
190.442
Distance:
0.32%
Market price now190.444Fri 2 Oct, 20:50 UTC · market closed
60.8 pips above the zone
Confluence Factors:
Resistance Zone
61%
Zone Level:
191.932
Analysis Price:
190.442
Distance:
0.78%
Market price now190.444Fri 2 Oct, 20:50 UTC · market closed
148.8 pips below the zone
Confluence Factors:
Resistance Zone
57%
Zone Level:
192.478
Analysis Price:
190.442
Distance:
1.07%
Market price now190.444Fri 2 Oct, 20:50 UTC · market closed
203.4 pips below the zone
Confluence Factors:
Support Zone
55%
Zone Level:
189.082
Analysis Price:
190.442
Distance:
0.71%
Market price now190.444Fri 2 Oct, 20:50 UTC · market closed
136.2 pips above the zone
Confluence Factors:
Resistance Zone
55%
Zone Level:
190.944
Analysis Price:
190.442
Distance:
0.26%
Market price now190.444Fri 2 Oct, 20:50 UTC · market closed
50.0 pips below the zone
Confluence Factors:
High Probability Zones Interpretation
Price is approaching the strongest support zone we scored for this pair, at 188.455 (confluence score 69%), currently 1.04% away. The score comes from 3 factors converging here: a hammer formed at the level, a psychological round number and 3 distinct tests in the last 30 days.
6 zones were scored for this pair: 3 below the analysis price and 3 above it.
Volatility Analysis
Select Timeframe:
Daily Range (pips):
146.8
Volatility Regime:
Normal
Volatility Level:
63%
10-Day ATR Trend
Volatility Interpretation (D1)
CHFJPY is showing normal volatility (63 percentile) with an expected range of 146.8 pips per session. This represents average market conditions conducive to standard trading strategies. Standard position sizing and stop loss parameters are appropriate.
Correlation Analysis
Top Correlations with CHFJPY
CADJPY
0.87
GBPJPY
0.83
USDJPY
0.82
EURJPY
0.82
AUDJPY
0.81
Correlation Interpretation
CHFJPY shows strong positive correlation with: CADJPY, GBPJPY, USDJPY, EURJPY, AUDJPY. This means these pairs tend to move in the same direction. Trading in the same direction on multiple correlated pairs increases portfolio risk, while finding divergences between correlated pairs can highlight potential reversal opportunities.
Currency Strength Analysis
Select Timeframe:
Weighted across timeframes the way our signal reads it (daily counts most), CHF vs JPY comes out at +0.38 — bullish for CHFJPY. Individual tabs can disagree with it: shorter windows swing more.
CHF
0.42
Strong
vs
JPY
0.14
Neutral
Relative Strength:
0.28
Bullish Bias
Currency Strength Interpretation (D1)
CHF is moderately stronger than JPY on the D1 timeframe, with a relative strength of 0.28. This suggests a mild bullish bias for CHFJPY. Monitor for additional confirmation signals before entering a long position.
How to Use This Analysis
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