Price is rising towards a resistance level which is an overlap resistance which aligns with the 38.2% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.54037 Why do we like it: There is an overlap resistance level which aligns with the 38.2% Fibonacci retracement. Stop loss: 0.54366 Why we like it: There is a pullback...
USD/CHF is currently at a resistance level, which is a pullback resistance, and could reverse from this level to our take profit. Entry: 0.91497 Why we like it: There is a pullback resistance level Stop loss: 0.92091 Why we like it: There is a resistance level at the 100% Fibonacci projection Take profit: 0.90659 Why we like it: There is a pullback support...
Today after China's economic data, the Market is betting dovish on AUD. We believe the price has made an ABC correction and it likely started the next downward impulse wave Confirmed by a broken trendline. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team...
Attention Traders, In today's trading session, our focus is on USDCHF, where we're eyeing a potential buying opportunity around the 0.90800 zone. USDCHF maintains an upward trajectory, presently undergoing a correction phase as it approaches the pivotal support and resistance area at 0.90800. Adding depth to our analysis, let's incorporate the fundamental...
Hey Traders, in today's trading session we are monitoring CADCHF for a selling opportunity around 0.66600 zone, CADCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.66600 support and resistance area. Trade safe, Joe.
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Looking to short Achf, chf crosses looks like they are turning...watching. Do check out my recorded video (in trading ideas) for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the...
Hey Traders, in today's trading session we are monitoring EURCHF for a buying opportunity around 0.96700 zone, EURCHF was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.96700 support and resistance area. Trade safe, Joe.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 NZDCHF has been overall bullish , trading within the rising channel in blue. However, it is currently approaching the upper bound of the channel again acting as a non-horizontal resistance. Moreover, it is retesting a strong resistance zone at 0.55 - 0.552 marked in...
The price is falling toward a support level, which is a pullback support level that aligns with the 61.8% Fibonacci retracement; it could bounce from this level to our take profit target. Entry: 0.90583 Why we like it: There is a pullback support level which aligns with the 61.8% Fibonacci retracement. Stop loss: 0.89995 Why we like it: There is a pullback...
CHFJPY is neutral on its 1D technical outlook (RSI = 50.785, MACD = -0.360, ADX = 31.970) as the price action is ranged between the 1D MA50 and 1D MA200. The dominant pattern is a Channel Up however and with the price rebounding on the 1D MA200 (unbroken since March 29 2023) and the 1D MACD has formed a Bullish Cross, we expect the new HH leg to start. Our target...
Price is falling towards the support zone which aligns with the 61.8% Fibo retracement. A bounce from this level could lead the price to rise to the upside I'm bullish biased
Pair of Name FX:USDCHF Time Frames : 4H & 1D & 1W Direction : Short Type : Pattern Breakout + inner Trend Break ———————— On the pair USD / CHF a quite interesting pattern has occurred. The head and shoulders a Bearish pattern. Along with that the volume profile has its spike of liquidity at this barrier 0.90130$. But we need to break, to continue. Even...
Attention Traders, In today's trading session, our sights are set on USDCHF, where a potential buying opportunity looms around the 0.90150 zone. USDCHF currently rides an uptrend but undergoes a corrective phase, edging closer to the pivotal 0.90150 support and resistance juncture. Adding depth to our analysis, the fundamental landscape underscores the bullish...
Over the past two years, the Norwegian krone has undoubtedly been one of the big losers in the FX market. Not only has it embarrassingly been constantly beaten up even against the EUR and traded at an all-time low, no, since November 2022 it has bottomed vs. ALL G10 currencies. This was hardly surprising as almost all fundamental factors spoke against the NOK....
EURCHF is approaching the top of the multi year Channel Down pattern with 1D on bullish technicals (RSI = 66.643, MACD = 0.006, ADX = 55.830) but with a weekly chart almost overbought. The 1D RSI has already posted its first LL which suggest an underlying Bearish Divergence. We turn bearish on this pair targeting the 0.5 Fibonacci (TP = 0.9600) like the previous...
USDCHF - 24h expiry 0.9000 continues to hold back the bears. We look to buy dips. Posted a Double Bottom formation. 0.8998 has been pivotal. Daily signals are bullish. We look to Buy at 0.9003 (stop at 0.8977) Our profit targets will be 0.9068 and 0.9078 Resistance: 0.9060 / 0.9075 / 0.9095 Support: 0.9040 / 0.9020 / 0.9000 Risk Disclaimer The trade...
The CHF/JPY pair on the M30 timeframe presents a potentially interesting situation with a triangle breakout pattern. Potential Long Trade : Entry: Above the broken resistance line of the triangle, ideally around 167.60 after confirmation. Target Levels: 168.75: This represents the height of the triangle, measured from the apex (highest or lowest point) to the...
USDCHF / 1D Hello Traders, welcome back to another market breakdown. USDCHF is trading in a downtrend. However, the price bounced back from a Macro level which sent the price up changing the current trend. Probability suggests we get at least a few more sideways for now down then another leg higher. Check out the chart for what I'll be waiting for after price...