Prices are on bearish momentum. We see the potential for a dip from our sell entry at 0.93057 which is an area of Fibonacci confluences towards our Take Profit at 0.91563 in line with 78.6% Fibonacci retracement. Technical indicators are showing bearish momentum. Any opinions, news, research, analyses, prices, other information, or links to third-party sites...
Description Price has broken above our pivot level at 0.92254 which is in line with 38.2% Fibonacci retracement level and horizontal overlap support . We could potentially see a further rise from here towards 0.92668, which coincides with 50.0% Fibonacci retracement level and horizontal swing high resistance. Finally, we can expect price to take support at...
The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.9230 and 0.9220). Our preference: The downside prevails as long as 0.9232 is resistance. Alternative scenario: The upside breakout of 0.9232, would call for 0.9249 and 0.9259.
Description Price is reacting below our pivot level at 0.92242 which is in line with 38.2% Fibonacci retracement level and horizontal overlap resistance. Price can potentially drop to 1st support at 0.91713, which is in line with 127.2% Fibonacci extension level and horizontal overlap support. Alternatively, price may rise up to our 1st resistance at 0.92502,...
USDCHF is in a sharp downtrend, but price got rejected twice from 0.9157 level and started moving sideway in a rectangle pattern. As you see in the chart, the sideway zone is broken out to the upside and price is fixed above the pattern. On the other hand, there is a resistance level at 0.9273, and price failed to break it. We should wait for price to break this...
USDCHF broke uptrend line price below a key level around 0.9250 RSI reached the overbought area MACD shows decreasing bullish momentum so its expect the bearish movement to support level around 0.9080
Description Price is reacting below our pivot level at 0.92135 which is in line with 50.0% Fibonacci extension level and horizontal swing high resistance. Price can potentially drop to 1st support at 0.91553, which is in line with horizontal overlap support. Alternatively, price may rise up to our resistance at 0.92453, which coincides with 38.2% Fibonacci...
Hello, Welcome to this analysis about USDCHF and the 4-hour timeframe perspectives. As when looking at my chart we can watch there how USDCHF is building this main bear-flag-formation in the structure within the wave-count with the wave-A already completed. Now as USDCHF moved on it is forming the wave-B in this wave-count with the bear-flag and this bear-flag...
Description Price is reacting below our pivot level at 0.92231 which is in line with 61.8% Fibonacci retracement levelhorizontal overlap resistance. Price can potentially take support at 0.91693, which is in line with horizontal overlap support. Alternatively, price may rise up to our resistance at 0.92453, which coincides with 38.2% Fibonacci retracement...
USDCHF is in the sharp downtrend with making lower highs and lower lows. Currently, price has approached to the last major low and has been rejected from it. Since we are facing a downside pressure, as long as price has not broken the last high at 0.92640, we expect more drop. If price closes a bearish candle below the support level, there is a high probability...
Description Price has broken above our pivot level at 0.91716 which is in line with 78.6% Fibonacci retracement levelhorizontal overlap support . We could potentially see a further rise from here towards 0.92674, which coincides with 50.0% Fibonacci retracement levelhorizontal swing high resistance. Finally, we can expect price to take support at 0.91097, which...
Description Price is approaching pivot level of 0.92173 where we have 50.0% Fibonacci retracement levelhorizontal overlap support lining up. A reversal from this level might see price take support at 0.91716, which is in line with 78.6% Fibonacci retracement levelhorizontal overlap support. Finally, price is unlikely to surpass our strong resistance at 0.93313,...
USDCHF broke the downtrend line price based on key level around 0.9250 RSI reached an oversold area so its expected bullish movement to supply zone around 0.9370
Description Price is respecting the resistance at our pivot level of 0.93624 where we have 78.6% Fibonacci extension levelhorizontal swing high resistance lining up. A reversal from this level might see price dip to support at 0.9266, which is in line with horizontal overlap support. Alternatively, price may break our strong resistance at pivot and head for 1st...
USDCHF R/R 1:2 Short position 4h Timeframe. blow blow blow
Description Price is approaching pivot level of 0.93624 where we have 78.6% Fibonacci extension levelhorizontal swing high resistance lining up. A reversal from this level might see price take support at 0.9266, which is in line with horizontal overlap support. Finally, price is unlikely to surpass our strong resistance at 0.94396, which coincides with 100%...
Description Price is approaching pivot level of 0.92521, which is in line with 38.2% Fibonacci retracement levelhorizontal overlap support. A reversal from this level may see price take resistance at price 0.93298. This level coincides with horizontal swing high resistance. Finally, we can expect price to take support at 0.9189261.8% Fibonacci retracement...
For the second time, the resistance line worked well and the price returned In case of pullback, it can be used again for short position CARACAL TRADE