CHFJPY Analysis
CHFJPY has broken the bottom level of the descending triangle in the 4-hour timeframe chart.
After the confirmation of downtrend movement, CHFJPY Sell signal given.
CHFJPY Reached the take profit target successfully.
Swiss Franc: US secretary Janet Yellen Speech
US Treasury secretary Janet Yellen said that the default deadline of US Debt ceiling time was extended to December 15 from December 3rd.
And Yellen has given a deadline for limit increasing to congress for cautious mode.
And US 10-year yield marked higher to 1.644% last day after Debt ceiling time was extended.
Swiss Franc made lower after US Dollar strong bulls found in the market.
Japanese Yen: Japanese Machine orders came below expectations
UK Pound makes higher against Japanese Yen after Stronger CPI data printed last day; Employment report printed higher numbers this week.
And Current PM Kishida makes proper stimulus to arrange for recovering pandemic and needs more stimulus to cover all pandemic affected areas in Japan.
Japanese Core machine orders came below expectations this week, and 12.6% annually came.
The UK wish to play Article 16 on Northern Ireland protocol, but the EU said if triggered, then the UK will face tit for tat trade war stance.
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