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Swiss Franc / Japanese Yen

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Swiss Franc / Japanese Yen forum


CHFJPY 180 is in pending for next week, My view is, Either it will drop from here, Or will go to 190 on monday first then will drop to 180 as usually seen in past.

CHFJPY after scrolling until June.
I saw only one post, who knows why it is going up. Retail is shorting (getting liquidated)
Based on current retail sentiment (93% retail is shorting)
and based on what I saw in the minds section (only one fellow knows why it is going up)
It is helpful to do the opposite of retail (which blows their accounts 95% of the time) = Profit
Snapshot

CHFJPY Retail Position
Starting from June (170) to the current date (185.5)
Average retail position hovered around 75%-90% (currently 93%) for the past 2 months.
Hope you folks use retail sentiment as a guide. 95% of the time, retail is wrong.
It reflects in the minds section. :)
Snapshot




CHFJPY Great short opportunity around 186 as they have taken lot of liquidity already. Take small positions (risk) as it may go up/down 500-1000 pips in days.

CHFJPY what is it pushing it so high, because fundamentals def not