Take a look at a strong rejection from a key horizontal daily resistance on AUDCHF. After a test of 0.5925 level the market dropped and violated a support line of a rising parallel channel. Taking into consideration that the pair is trading in a long term bearish trend, probabilities are high that the market will drop now. Goals: 0.577 / 0.567 ❤️Please,...
Hey Traders, in today's trading session we are monitoring AUDCHF for a selling opportunity around 0.58400 zone, AUDCHF is trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area. Trade safe, Joe.
AUDCHF may have crossed over the 1W MA100 but eventually failed, also on the 0.5 Fibonacci level, and appears to be reversing. The technical outlook on the 1D time-frame is neutral (RSI = 55.574, MACD = 0.003, ADX = 42.778), so it is a valid sell entry. On top of that, every LH inside this 15 month Channel Down (exception Jan 23rd 2023) has been around the 0.5...
Buy CADCHF Wedge Breakout Price the wedge pattern now in M30 chart, its good chance to buy today. Thank you
Hello There! Welcome to my new analysis of CHFGBP. Within recent times CHFGBP continued with forming a highly important formation in the whole formational structure as it managed to build up bullishly within the major areas of the structure. In this case, I have detected the most prevalent important signs and considerations to determine for CHFGBP and the...
Hey Traders, in today's trading session we are monitoring USDCHF for a buying opportunity around 0.90400 zone, USDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.90400 support and resistance area. Trade safe, Joe.
Hello There! Welcome to my newest idea about CHFAUD. In my recent analysis, conduction, and chart price-action I have detected important underlying trend dynamics and price action dynamics that are likely to alter the whole CHFAUD price action and trend that is currently ongoing. Currently, it is highly necessary conduction to consider if the CHFAUD current...
Hey Traders, in the coming week we are monitoring USDCHF for a buying opportunity around 0.90500 zone, USDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.90500 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring USDCHF for a buying opportunity around 0.91500 zone, USDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.91500 support and resistance area. Trade safe, Joe.
USDCHF also looks overbought: the price formed a rising wedge pattern and a descending triangle within. Both the support on the wedge and the neckline of the triangle were broken. I expect a further decline to 0.9163 ❤️Please, support my work with like, thank you!❤️
USD/CHF Retreats Amidst Positive US Data and Trade Tensions Introduction The USD/CHF currency pair is currently trading lower around 0.8910 during the Asian session on Friday, marking a retreat from its recent winning streak that commenced on Tuesday. This reversal comes despite the pair receiving upward support from robust US job data released on Thursday. In...
The AUDCHF pair has hit the 0.58200 target (0.382 Fibonacci level) we set on our last buy call (see idea below) and is resting today at the top (Lower Highs trend-line) of the Channel Down pattern since the January 27 2023 High: The price price is now on the 1D MA100 (green trend-line) and just below the 0.5 Fibonacci level. There is also a chance that the...
Hello There! Welcome to my new analysis about USDCHF on the 2-Day Timeframe Perspective. In the recent times, as I have spotted, USDCHF is converting more and more into a determining structure that is setting up a much larger price-action volatility-breakout than already seen before. Therfore, the next finalization-steps need to be confirmed for the major...
Hello There! Welcome to my new analysis about CHFJPY on several timeframe perspectives. The CHFJPY conditions have accelerated to an unnatural dynamic recently as the pair moved into new highs instead of the massive overbought condition and the fact that this main reversal into the bearish direction should have setup already long times before especially...
The USDCHF pair is seeing a dramatic price surge in September. The pattern post late 2022 is basically very similar to the previous Bear Cycle of 2019-2020. The bottom fractals in particular seem identical and the price is approaching the 0.5 Fibonacci rejection level. Trading Plan: 1. Sell on the current market price and another on the 0.5 Fibonacci...
this pair looks prime to continue its trend downward as it hits resistance
Sell NZDCHF Channel Breakout Price breakout in m30 chart in nzdchf, its good chance to sell Thank you
Hey Traders, in today's trading session we are monitoring USDCHF for a buying opportunity around 0.90900 zone, USDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.90900 support and resistance area. Trade safe, Joe.