Today we will analyze the currency pair Swiss Franc Japan Yen (CHFJPY) for internet stock trading in the FOREX stock market,
Stock Technical indicators to notice in Swiss Franc Japan Yen (CHFJPY)
1- Last bearish trend was from 89.09 $ (10/31/2011) to 80.40 $ (1/16/2012) a 8.69 $ move 2- The current bullish trend started from 80.40 $ at 1/16/2012 and is currently trading at 83.30 $.
3- CHFJPY current support level is at 82.45 which is the 23.60 % fibonacci retracement of the last 8.69 $ move.
4- CHFJPY current resistance level is at 83.72 which is the 38.20 % fibonacci retracement of the last 8.69 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
Swiss Franc Japan Yen (CHFJPY) Short term stock chart patterns for internet stock trading :

6- the currency pair was resisted by a resistance line, identified by two points: 89.090 and 97.680 that was broken up at 82.770 transforming into a supporting line.
Swiss Franc Japan Yen (CHFJPY) Mid term stock chart patterns for internet stock trading :

7- the currency pair formed a 29.230 $ height triangle which was broken up at 83.830, target of the pattern is 113.060 which was broken down at 83.090, target of the pattern is 53.860.
Swiss Franc Japan Yen (CHFJPY) Long term stock chart patterns for internet stock trading :

8- the currency pair was supported by a support line, identified by two points: 77.370 and 0.776 that was broken down at 81.330 transforming into a resistance line.

Stock Trading Conclusion:
Swiss Franc Japan Yen (CHFJPY) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 83.72, 83.99, 84.74, 85.77, 89.09, 91.45, 94.46, 113.06, 176.07.
Stock Support levels : 82.62, 82.45, 82.19, 81.85, 81.51, 80.40, 74.27, 68.61,.