Trade Idea: Selling CHFJPY Reasoning: At resistance on the daily. Possibly forming a top on the 60min. Entry Level: 144.92 Take Profit Level: 142.52 Stop Loss: 145.23 Risk/Reward: 8.43:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in...
We're in a long-term down trend, so I am overall bearish on this, not seen a huge amount to change my bias in recent weeks. We may have a double top which coincides with the 50% fib retracement from the last impulse move down, certainly a strong rejection just below a previous 4Hr high. I'm waiting until the next lower low (around 0.636) to maybe get in, SL...
The Swiss franc recently dropped to 0.92 per USD, retreating from its 1-year high of 0.916 on January 16th. As I assess the situation, I consider the outlook of monetary tightening by both the Swiss National Bank and the Federal Reserve . The recent slowdown in Swiss inflation has limited the expectations for further rate hikes by the SNB. According to December's...
The hourly chart shows strong control of bears by consecutive formation of another lower high
$CHF - A break to either direction We are within this channel, you could say flag/pennant pattern a break to either direction! Break above 50 EMA expect 200 EMA TP Break below .91 half areas expect that spike low TP Have a great day ahead! Trade Journal
The stock re-started its move up after a consolidation period, today volume above average. Look to hit the upper line of the trend channel. Risk around 15% so adjust your position size accordingly.
Trade Idea: Selling USDCHF Reasoning: Double top on the weekly chart. Into intraday resistance. Highly speculative ahead of CPI at 1:30Uk. Entry Level: 0.93382 Take Profit Level: 0.9167 Stop Loss: 0.9398 Risk/Reward: 2.82:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a...
Trade Idea: Selling USDCHF Reasoning: Short term double top Entry Level: 0.91972 Take Profit Level: 0.9123 Stop Loss: 0.9230 Risk/Reward: 2.58:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like...
Trade Idea: Buying USDCHF Reasoning: Ending wedge on the daily, aggressive pullback this morning. Entry Level: 0.9267 Take Profit Level: 0.9383 Stop Loss: 0.9225 Risk/Reward: 2.69:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in...
CADCHF has been in a multi month bearish market. It's now at a resistance level on the daily chart, will we see downside out of this price? Remember certainty is never present in the markets and boy am I uncertain about this one! Lets see what happens...
GBPCHF - Intraday - We look to Sell at 1.1420 (stop at 1.1470) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. The hourly chart technicals suggests further upside before the...
Although the swiss franc is seen as a safe haven vs inflation, due to the global turbulence it might go down vs the USD. USD is expected to get stronger in the coming weeks, and while the RSI is on the way down together with a bounce off the resistance line, we aim to go down towards parity.
USDCHF - Intraday - We look to Sell at 0.9329 (stop at 0.9353) Our short term bias remains negative. The bearish engulfing candle on the 4 hour chart is negative for sentiment. Preferred trade is to sell into rallies. Previous support at 0.9330 now becomes resistance. Our profit targets will be 0.9271 and 0.9261 Resistance: 0.9270 / 0.9300 / 0.9330 ...
Long off what appears to be a potential triangle breakout to the upside. Not my typical trade setup, but price is currently holding steady above the monthly pivot.
NYSE:ONON If you want to enter this is probably one, just wait a bit, wait till the stock is reaching $16, back to the main support.
Trade Idea: Selling AUDCHF Reasoning: Head and shoulders retest E ntry Level: 0.6321 Take Profit Level: 0.6260 Stop Loss: 0.6339 Risk/Reward: 3.13:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like...
USDCHF - Intraday - We look to Sell at 0.9495 (stop at 0.9519) Our short term bias remains negative. Daily signals are bearish. Trend line resistance is located at 0.9500. Bespoke resistance is located at 0.9500. Preferred trade is to sell into rallies. We look for a temporary move higher. Our profit targets will be 0.9435 and 0.9425 Resistance: 0.9460 /...
Trade Idea: Selling AUDCHF Reasoning: Head and shoulders retest Entry Level: 0.6337 Take Profit Level: 0.6260 Stop Loss: 0.6355 Risk/Reward: 4.23:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like...