CHF_JPY Analysis

Last: 173.60600 | Change: 0.08400 | Date: 2025-04-25

Phase: Momentum > Early Momentum > Breakout Phase > Initial Break > Initial Break > Breakout Phase: Initial Break 60.0%

Market State

Market State

Trend: Uptrend (Strong)
RSI: 67.82 (Neutral)
Volume: Declining (Low)
Volatility: 0.1531 (Normal)
Price Action: Engulfing
Price Structure: Sideways
Momentum: 0.0820 (Strong)
ATR: 0.2658
NATR: 0.1531
Trend Alignment: Yes

Phase Analysis

Current Phase: Momentum > Early Momentum > Breakout Phase > Initial Break

Confidence: 60.0%

Stage: Initial Break

Detail: Breakout Phase: Initial Break

Description: The market breaks initial resistance with a spike in volume.

Daily Timeframe

Phase: Momentum > Transition Phases > Momentum To Mean Reversion > Support Test Failure

Confidence: 85.7%

Stage: Support Test Failure

Alignment with Current Phase: Significant Conflict (-60 pts)

Current Category: Continuation

Daily Category: Reversal

H4 Timeframe

Phase: Momentum > Early Momentum > Initial Thrust > Alternative Thrust

Confidence: 60.0%

Stage: Alternative Thrust

Description: This branch captures bullish short-term moves with high RSI and lower volume ratio, even when long-term trend is weak.

Alignment with Current Phase: Aligned (+5 pts)

Current Category: Continuation

H4 Category: Continuation

Market Metrics

Trend: Up (Strong)

RSI: 67.8 (Neutral)

Volume: Declining (Low)

Volatility: 0.1531 (High)

Support & Resistance

Current Price: 173.6060

Resistance Levels

Support Levels

172.1860 Strong (0.82% away)
172.2450 Strong (0.78% away)
172.0520 Strong (0.90% away)

Trade Setups