The USDCHF pair has been trading within a Channel Down pattern since the August 11 2022 Low. Such a long-term pattern is difficult to break but according to the 1D MACD and RSI indicators, the pair may be experiencing a pattern change. As you can see, the 1D MACD is about to form a Bullish Cross, the lowest since July 27, which was soon after the last Lower Low...
Price could reverse off our sell entry level at 0.87689 which is a multi-swing-high resistance and fall towards our take profit level at 0.86714, a multi-swing-low support level. Our stop loss is at 0.8080, a pullback resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors....
Hello,Traders! USD-CHF is trading in a Downtrend and the pair Made a retest of the horizontal Resistance level of 0.8766 And we are seeing a bearish Reaction already so I think That we will see a Local move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Price could bounce off our buy entry at 0.8698, which is a strong overlap support level, aligning with the 78.6% fibo retracement. Our stop loss is at 0.8651, which is below the multi-swing low support level. Take profit is at 0.8767, which is a swing high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. on Daily: Left Chart USDCHF has been bearish trading inside the falling red channel. However it is currently approaching a strong daily support zone so we will be looking for buy setups on lower timeframes. on H4: Right Chart For bullish momentum to prevail and trigger...
Entering a long Position on USDCHF as we're hitting a support zone on the 4h timeframe. I'll exit the trade if the zone is broken.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 USDCHF has been bearish trading inside the falling red channel and it is currently approaching the lower bound / red trendline. Moreover, the zone 0.878 - 0.885 is a strong support. 🏹 Thus, the highlighted red circle is a strong area to look for buy setups as it is the...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. on Weekly: Left Chart USDCHF has been trading within a defined range and is presently showing resistance. Consequently, we will be focusing on identifying sell setups on lower timeframes. on H1: Right Chart For bearish momentum to prevail and trigger our sell setup, a...
Price could react to our buy entry at 0.9022, which is a pullback support level. Price failed to create a lower low, and is now creating higher lows. Hence, we can look to enter buy positions to ride the short term bullish trend. Our stop loss is at 0.8971, which is below the swing low support level. Take profit is at 0.9068, which is a swing high resistance...
💬 GOLD: Review before non-farm. It’s the first Friday of the new month on the calendar, which means the publication of data on the US labor market. In this regard, there are assumptions regarding several trading instruments and how they could potentially behave during the non-framing release. Firstly, let’s slightly refresh the idea of Gold, which retains its...
OANDA:USDCHF is likely retest the demand zone before resuming its upward move
Price could fall to our buy entry at 0.8941, which is a pullback support level, aligning with the 78.6% fibo retracement. Our stop loss is at 0.8882, which is below the swing low support level. Take profit is at 0.9001, which is an overlap resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be...
Price is testing our buy entry now at 0.9032, which is a pullback support level, aligning with the 38.2% fibo retracement. Our stop loss is at 0.8995, which is below the other pullback support level, and slightly below the 50% fibo retracement. Take profit is at 0.9080, which is a pullback resistance level. High Risk Investment Warning Trading Forex/CFDs on...
Technically Uchf came back to its R zone, 4 up candles on daily so far. careful with this zone. or the uptrendline later on. Of coz act accordingly as PA unfolds over the week. **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it...
USDCHF was trading in falling wedge pattern and recently it seems like the sellers are bit exhausted now and now seems like bulls are getting ready to take the charge and about to give breakout from descending channel. Currently the price is forming a local support around 0.8890 region. Will the bulls take charge again continue for leg higher? What you guys think...
Price is rising towards our sell entry at 0.8935, which is an overlap resistance level, and slightly below the 23.6% fibo retracement. Our stop loss is another overlap resistance level, above the 50% fibo retracement. Take profit is at 0.8863, which is a pullback support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of...
Preferred direction: SELL Comment: The situation for Gold is currently in favor of buyers. In the very near future, the local maximum at the level of 1930 will most likely be updated. However, strong growth is unlikely to be expected. It will likely be best to wait for a better entry point and only consider gold for a midweek entry. Thank you for like and...
My dear friends, My technical analysis for USDCHF is below: The market is trading on 0.9062 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 0.9138 Recommended Stop Loss - 0.9013 About Used Indicators: A pivot point is a technical analysis indicator, or calculations,...