Technical Overview of USD/JPY, USD/CHF, and NZD/CHF Currency Pair

USDJPY

USD JPY

The USD traded lower against the JPY and closed at 109.584.

1 – Stalls at the Yearly Pivot. 
2 – Stalls at the Quarterly Pivot. 
3 – Formed a Motherbar Inside bar @ D1.
4 – Making a series of LH and LL.

Break above 127 Extension may form a Bullish Momentum.
Break below 127 Extension may form a Bearish Momentum.

A retest with two bullish candles followed by a bearish candle with low volume.
A retest with two bearish candles followed by a bullish candle with low volume.

According to the Analysis, The pair is expected to find support at 109.258, and a fall through could take it to the next support level of 108.931. The pair is expected to find its first resistance at 109.806, and a rise through could take it to the next resistance level of 110.027.

USD JPY Previous Day range was 5480 and Current Day Range is 2560.

USD CHF

USDCHF

The USD traded lower against the CHF and closed at 1.0086.

1 – Stalls at the Resistance Quarter 1
2 – Stalls at the Quarter Middle Resistance 
3 – Formed a Motherbar Inside bar @ D1
4 – Making a series of LH and LL

Break above 127 Extension may form a Bullish Momentum.
Break below 127 Extension may form a Bearish Momentum.

A retest with two bullish candles followed by a bearish candle with low volume.
A retest with two bearish candles followed by a bullish candle with low volume.

According to the Analysis, The pair is expected to find support at 1.00619, and a fall through could take it to the next support level of 1.00377. The pair is expected to find its first resistance at 1.01036, and a rise through could take it to the next resistance level of 1.01211.

USD CHF Previous Day range was 41.7 and Current Day Range is 9.5.

NZD CHF

NZDCHF

The NZD traded lower against the CHF and closed at 0.6617.

1 – Stalls below the Yearly Pivot. 
2 – Stalls below the Quarterly Pivot. 
3 – Formed a Mother bar Inside bar @ D1.
4 – Making a series of LH and LL.
5 – Main trend down.

Break above 127 Extension may form a Bullish Momentum.
Break below 127 Extension may form a Bearish Momentum.

A retest With two Bullish Candles Followed by a Bearish Candle with Low Volume.
A retest with two Bearish Candles Followed by a Bullish Candle with Low Volume.

According to the Analysis, The pair is expected to find support at 0.65994, and a fall through could take it to the next support level of 0.65974. The pair is expected to find its first resistance at 0.66331, and a rise through could take it to the next resistance level of 0.66493.

NZD CHF previous day range was 33.7 and current day range is 26.2.

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