The Technicals are poised nicely for upside.
I haven't seen much news on it, but I suspect it has to do with CHF being a safe haven during turbulent times.
However, the fundamentals I can think are for causing upside for the CHF are the following:
🏦 Swiss Franc's Safe-Haven Appeal Strengthens
In times of global economic uncertainty, investors are gravitating towards the Swiss Franc due to its stability and low government debt, enhancing its strength against the Yen.
📉 Japanese Yen Weakens Amid Economic Concerns
The Bank of Japan's decision to maintain low interest rates and downgrade growth forecasts has led to a depreciation of the Yen, making CHF/JPY more attractive to traders.
Cup and Handle
Price>20 and 200
Target 186.04
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
I haven't seen much news on it, but I suspect it has to do with CHF being a safe haven during turbulent times.
However, the fundamentals I can think are for causing upside for the CHF are the following:
🏦 Swiss Franc's Safe-Haven Appeal Strengthens
In times of global economic uncertainty, investors are gravitating towards the Swiss Franc due to its stability and low government debt, enhancing its strength against the Yen.
📉 Japanese Yen Weakens Amid Economic Concerns
The Bank of Japan's decision to maintain low interest rates and downgrade growth forecasts has led to a depreciation of the Yen, making CHF/JPY more attractive to traders.
Cup and Handle
Price>20 and 200
Target 186.04
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
mati-trader.lovable.app/
✅ Facebook:
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𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
🌐NEW Website 2025:
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.