TradingView
Setupsfx_
Jan 7, 2024 10:15 PM

USDCHF: View on daily timeframe, we are neutral.  

Euro Fx/Swiss FrancFXCM

Description

FX:USDCHF last few month price has been bearish all along as CHF remain strongest in the situations where war and other economical conflicts affects in global financial market. We are still not sure about future trend of this pair, as strong bullish price action yet to be seen.
However, the big amount of volume was accumulated at lower low of thursday which suggest a possible correction can occur. We would advice you to use smaller timeframe to have a better and safer bias.

Good Luck and Trade Safe

Comment

160+ PIPS Achieved. Though there was an error with typing, we analysed EURCHF chart and added description of USDCHF. None the less, even if you had bought USDCHF, you would have achieved 160+ PIPS regardless.

Trade closed: target reached

363+ PIPS Target Hit Successfully.

Comments
ceciliones
nice analysis
Setupsfx_
@ceciliones thanks mate
MyCryptoParadise_Nathan
achieving 160+ PIPS is an impressive result.
Setupsfx_
Babenski
Nice work here
Setupsfx_
@Babenski thanks a lot
ikechukwugeorge7
Setupfx one of the best I have been following them, their analysis on forex is Great
Setupsfx_
@ikechukwugeorge7 thanks a lot
FirstNameHelen
Hi!❤
Great Technical Analysis of EURCHF! I like it!😊
Setupsfx_
More