Today's daily charts for USD/JPY, CAD/JPY and CHF/JPY

USD/JPY Daily
-
After coiling and failing to break above the June ’15 trendline, JPY is attempting to break the March trendline.
-
The bias is for a move towards 111.38 whilst 113.24 caps as resistance.
-
Expect the pair to be sensitive to today’s NFP report and any US-China trade headlines.
CAD/JPY Daily
-
A bearish breakout has invalidated a bullish channel.
-
We’d like to see prices consolidate before its next leg lower. Look for 84.61 or the lower trendline to cap as resistance.
-
A break beneath 83.63 brings the 82.17 and 80.54 lows into focus. Keep an eye on CAD employment figures alongside NFP.
CHF/JPY Daily
-
Near-term momentum favours bullish setups within the ascending channel.
-
However, a stronger downtrend has dominated momentum since a bearish pinbar high.
-
Target the 114.41 high or upper trendline whilst within the channel or wait for a break of 112.86 to confirm resumption of its downtrend.
Author

Matt Simpson, CFTe, MSTA
CityIndex
Matt Simpson is a certified technical analyst who combines charts and fundamentals to generate trading themes.




















