The Swiss franc has been under pressure since the start of the week, with the USD / CHF pressing new monthly highs in New York trading today. The advance is testing the confluence resistance here at 0.9513 / 26 here the extent of 61.8% and the retraction of 38.2% converge at the proposed median line of the ascending force. Note that the daily impulse is also...
EUR/CHF I've been looking at this pair all day, and I'm glad to see that it's going in my favour. Guy's it's not too late to jump in, if you managed to jump in on the break of the bearish trend line well done! If you didn't now's not too late however manage your risk! TP: 1.17000/1.18000/
In an effort to offer a breathe from the US Dollars surge, Dukascopy analysts took a look at the AUD/CHF currency pair. In general the rate is highly volatile and there are no large or small scale trend lines to be drawn. Instead the currency pair is bouncing between large scale Fibonacci retracement levels. Meanwhile, in the past month the Aussie has been...
The common European currency has been trading in an ascending channel against the Swiss Franc after it hit the lower boundary of an eight-month dominant channel. During the past few weeks, the pair has formed a new junior pattern. A breakout is likely to occur through the upper boundary of a triangle within the following trading session. Technical indicators are...
The US Dollar has been bound in several long and short-term patterns which have guided the price lower since October 2017. The currency pair is likely to continue falling within the following trading sessions in line with the medium-term pattern. The pair is currently trading near the border of the junior channel and could breach the upper boundary in the short...
The Pound Sterling has been constrained by a descending channel against the Swiss Franc after hitting the weekly pivot point near 1.3515. The upper boundary of a junior channel was reached on January 25. The Sterling's inability to make a new wave up suggests that it might breach the dominant channel in the next few hours. Technical indicators flash bearish...
The British Pound has been depreciating in a channel down against the Swiss Franc after it touched the upper boundary of a dominant channel on January 22. Meanwhile, a breakout occurred through the lower boundary of a triangle pattern as can be observed on the chart. During the following trading sessions, the GBP/CHF pair is likely to continue its bearish path...
The Pound has recently decline against the Swiss Franc due to not being able to pass the resistance of a medium scale ascending pattern. However, it was already expected that the pattern will be broken. Instead the currency exchange rate has begun a decline to a support cluster near lower trend line of the most dominant ascending pattern. That indicates that the...
During a long period of time the large scale triangle pattern on the EUR/CHF was the main point of attention. However, as it has been already reviewed, the pair broke out to the upside. Meanwhile, the aftermath of the break out has resulted in a medium scale channel up pattern taking the lead. Moreover, the currency exchange rate recently bounced off a strong...
Trading method: RSADVANTAGE Stage 5, accurate system manually forward tested over 3 years designed to stay out of ranging markets and only target strong trends suited for swing trading. This system is made of volume indicators and Oscillators that properly detect trends very early and provides exit signals at dynamic S/R zones once the trend has ended. //...
The common European currency is still being supported by a medium term trend line against the Swiss Franc. However, recently there have been new developments. The pair seems to be being held back by the resistance of the 1.1720 mark. Although, no clearly visible explanation for the existence of the resistance can be seen. Most recently the pair found support in...
The two top risk off currencies have reached a critical level on the daily chart one against another. The pair recently bounced off the lower trend line a dominant pattern and moved to the resistance of a junior channel down. The resistance is strengthened by various additional resistance levels near the 114.50 mark. Due to that reason a decline down in the...
Trading method: RSADVANTAGE Stage 5 system setup 95% accurate system manually forward tested over 3 years designed to stay out of ranging markets and only target strong trends. This system is made of custom technical indicators that properly detect trends very early and provides exit signals at the possible dynamic S/R zones. In this situation we are now waiting...
Trading method: RSADVANTAGE Stage 5, 95% accurate system manually forward tested over 3 years designed to stay out of ranging markets and only target strong trends. This system is made of custom technical indicators that properly detect trends very early and provides exit signals at the possible dynamic S/R zones. Average yearly pips gained is 40k per pair on D1...
Trading method: RSADVANTAGE Stage 5 , 95% accurate black box system manually forward tested over 3 years designed to stay out of ranging markets and only target strong trends. This system is made of custom technical indicators that properly detect trends very early and provides exit signals at the possible dynamic S/R zones. Average yearly pips gained is 40k per...
1.1550, a key level that the pair has been dancing either side of since august. A break in it could prove fatal or present an opportunity to get in with the bulls at 1.1500 . Confidence appears high, but new highs were recently made so we may not see it surpass the blue trend line without a substantial correction to the downside.
The Australian Dollar is trading against the Swiss Franc simultaneously in two ascending channel patterns. One of them is a dominant one, while the second one represents a rebound in the borders of the larger pattern. Recently the pair revealed junior pattern after a bounce off from the resistance near the 0.7720 mark. It has to be mentioned that the junior...