Chf/jpy. Give me prediction and analysis for the next 6 hours

The CHF/JPY currency pair is likely to experience a pullback in the next six hours, based on the following analysis: 1. **Technical Indicators**: - The 6-hour moving average and 6-hour percentage change data are not available, but the 30-day moving average and 30-day percentage change indicate a bearish trend with a decline of more than 1%. - The Relative Strength Index (RSI) is below 50, suggesting a bearish momentum. 2. **Market Sentiment and Fundamentals**: - The Japanese Yen (JPY) has strengthened due to fading speculation of more hikes from the Bank of Japan (BoJ) this year and the victory of former defense minister Shigeru Ishiba in the Prime Ministerial contest, which has bolstered the JPY. - The Swiss Franc (CHF) has been under pressure due to the SNB's rate cuts, which have weakened the CHF. Additionally, the CHF has been trading in an uptrend, which could indicate a potential for a pullback. 3. **Geopolitical and Economic Factors**: - The recent geopolitical tensions in the Middle East, particularly between Israel and Iran, have increased the risk of oil supply disruptions, which could indirectly impact the CHF/JPY pair due to oil prices' influence on the JPY. 4. **Prediction**: - Given the bearish technical indicators and the strengthening of the JPY, which has put pressure on the CHF/JPY pair, the currency pair is likely to experience a pullback in the next six hours. - However, it's important to note that currency movements are highly volatile and can be influenced by sudden changes in market sentiment or geopolitical events. In conclusion, the CHF/JPY pair is expected to face a pullback in the next six hours due to bearish technical indicators and the strengthening of the JPY. Investors should exercise caution and monitor any sudden changes in market sentiment or geopolitical events that could impact the pair.