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Swiss

Look For Opportunity To Short GBPCHFWe will be looking for an opportunity to Short GBPCHF on a bounce. The trend has been to the downside since mid-November 2015. If the recent low set on 02/11/2016 holds and a bounce drives price up to the 38.2% Fibonacci retracement level in conjunction with the 25% or 50% Fibonacci time zone we could see a solid short setup. We will link research of a recent GBPCHF move which presented a solid short off the 38.2% Fibonacci price level and 25% Fibonacci time zone shortly. This recent move was timed perfectly, we may see another in the near future, some time around the first week of March. Time is just as important as price action! Again the low set on 02/11/2016 must hold in-order for this forecast to remain valid.
Short
by unique4x
EURCHF Forming A Solid ABCD PatternThis pair is forming a very solid ABCD pattern as point C was put in place very decisively. The chart is showing the ABCD pattern overlaid with a Fibonacci Extension. Our projection is for this pair to make a run towards the 61.8% to 76.4% Fib extensions but we wouldn't be surprised if it made a run to the 100% level as the pullback was shallow. Pullbacks that do not retrace the entire 61.8% show that buyers are eager to resume the uptrend. As you can see the C retracement was only 56.9%. As long as the bulls stay in the Euro camp our projection could be met but as we all know the Euro has been in a long-term bear trend. Set your stops just below point A, we will be willing to risk down to the 1.06900 level as our algorithm is calculating 90% odds of a run higher on the daily chart. www.unique4xpro.com
Long
by unique4x
3 Step Scalp MACD Trade for USDCHFOne to watch for a 3 Step Scalp MACD trade is USDCHF. We traded it nicely last nice from the short side and as you can see it came in more overnight. With the horrible wage growth reported from the U.S. the dollar could be in for some trouble throughout today. Don't be afraid to take a long scalp if the conditions present themselves, just be aware that sellers may have the upper hand on this Friday. 3 Step Scalp MACD trading strategy listed below: Bullish: 1) Look for a trend to develop to the upside in conjunction with a bullish MACD. 2) Wait for a close below the EMA in conjunction with a bullish MACD. 3) After a close back above the EMA in conjunction with a bullish MACD take a long position. Bearish: 1) Look for a trend to develop to the downside in conjunction with a bearish MACD. 2) Wait for a close above the EMA in conjunction with a bearish MACD. 3) After a close back below the EMA in conjunction with a bearish MACD take a short position. *Stops should be placed no more than the most recent swing high. **MACD = Standard settings or 20,40,9 which should give you more trades. ***EMA = 9 period to the close. ****If MACD stops trending and/or the lines have touched any possible trade is null and void.
Short
by unique4x
GBP/CHF LONG BIASAS THE GBP CONTINUES ITS BULLISH MOMENTUM ACROSS THE BOARD IT COULD PROVIDE A NICE LONG OPPORTUNITY ON THIS PAIR. WE HAVE MADE 2 HIGHER LOWS AND RECENTLY SNEAKED IN A HIGHER HIGH. ALTHOUGH WE WASNT ABLE TO GET A CLEAN BREAK ABOVE THAT RESISTANCE IT COULD BE A GOOD SIGN OF THINGS TO COME. I AM NOW MONITORING P.A CLOSELY FOR A LONG SETUP. I HAVE HIGHLIGHTED THE AREA AROUND 1.4470 WHERE WE FIND THE 50% FIB LEVEL ALONG WITH THE ASCENDING TRENDLINE. IF PRICE HIT THIS ZONE WE COULD ALSO TAKE IT AS A RETEST OF THE DESCENDING TRENDLINE THAT WAS RECENTLY BROKEN MEANING SOME GREAT CONFLUENCES TO TAKE THE LONG IF WE GET THE RIGHT P.A. IF EVERYTHING LINES UP WE WILL BE LOOKING AT A POTENTIAL HIGHER HIGH TO BE MADE AT AROUND 1.4960. ONE TO WATCH HERE
Long
by UnknownUnicorn185710
A long term trade that will 100% pay off. GuaranteedAs Swiss franc is exposed to events in Europe (high correlation to EUR) plus negative interest rate that will likely increase, ie becoming more expensive to store funds in CHF, Swiss banks will likely become less and less of a safe haven as other currencies become more attractive or even perhaps Gold. Also, don't forget with new tax and bank secrecy laws, Switzerland is becoming less and less a destination for offshore funds. In any case, Switzerland has a manufacturing sector to protect and preventing the CHF to increase further will be a job for the SNB. On the other hands, the US economy is shaking off the winter blues and looks to increase rate in the next six months perhaps making it a destination for global funds as a carry trade.
Long
by maccabean
1
USD/CHF at a critical pointAfter rising relentlessly for 5 consecutive days, Dollar bulls faced stiff resistance today. The negative divergence in RSI has been indicative of an impending short term reversal which would push the prices back into the channel and this materialized today. Now the price is sitting on the lower boundary of the channel and a strong support zone. If the bulls fail to put themselves together at this point, the channel will break to the downside and this will most probably commence a selling pressure that will push the price into much lower levels.
by SharifAzadeh
2
Long live the... Dollar?Back in July 2014, price broke out of a falling wedge pattern, found resistance at the 1.000 level and following the unpegging of the Swiss Franc, retested the backside of the wedge this January. Since this event market sentiment on the dollar has been incredibly bullish, pushing price through the parity resistance within the last week. It has since been failing to break back past this new found resistance, and on the weekly chart a Golden Cross looks set to take place, giving further catalyst for bullish continuation. If sentiment for the dollar continues as it is, we could expect a nice long opportunity at this point towards the 0.382 retracement level, which also happens to lay just below the 1.15 resistance level. A stop loss just below parity here would give you an excellent 10:1 Reward:Risk ratio! For those of you feeling particularly ambitious, the 0.618 retracement level happens to lay on the 1.4000 Monthly support. Good luck!
Long
by ForexVader
SUI30 The Swiss stock market ending a nice impulse waveI am a firm believer stock markets are patterned in shape ( Elliot wave ) and cyclical ( Martin Armstrong works ). Because labeling waves is subject to human nature, using the Elliot wave principle to trade is tricky at best. Nevertheless, sometime when you see a pattern you just have to accept what is in front of your eyes and right now the SUI30 appears to be ending an impulse wave that started at the March 09 low. I am showing you being wave C of a large expanded flat but it is one count out of many possible scenarios and I don't really care about the larger picture. The bottom line is SUI30 is on its way higher to end a pattern that has the potential to reach 10250-10400 where we have two targets: Wave C would equal wave A and wave (B) of my potential flat would equal 1.382 times wave (A). Once there, I would expect the market to roll over and start a decline that has the potential to be dramatic.
SLong
by yauger