swissfranc

Price has been respecting its 4 hour bullish trend line. We have had two selling off phases which have resulted in another leg higher. Providing this trend line is not broken, we can look to trade this pair to the key level of 118.55 which was the last turning point on the Daily Chart. This is a case of follow the trend. 1% risk and 4% return.

AUDCHF is trading within a Channel Down on 1D and has just priced a Lower High (RSI = 45.995, STOCH = 49.898, MACD = -0.005, Highs/Lows = 0). We are short with one simple TP set: 0.6800 and 0.6700.

I mentioned exact entries on buys on this pair more than once. It is only coming off the 1.236 extension, however it did a small 5 wave with an ending diagonal. There is divergence and it has been over extending for a bit. My point is this.... There is potential for a deep retrace (big sell). There is also potential for a wave 4 correction (23-38% last wave) and ...

=> What are we tracking here? => Late bears are starting to overload on shorts here and we are outguessing a temporary bottom => Fundamentally Australia provided very strong Q2 GDP data last week. => The commodity currencies will get bid across the board as we start to see a focus shift from EM vulnerability => We expect manufacturing data to remain steady whilst ...

=> In this particular example we are outguessing a break of a channel and confirming further wide chop with the cross. => This week is busy from a monetary policy perspective and with both the Norges Bank and SNB in play we decided to use the CHFNOK as the main course... => Thursday is the rainmaker here; whilst the SNB are likely to portray a dovish tone ...

=> As mentioned previously we are not expecting anything but dovish commentary from the SNB later this week.... vol is cheap and we see USDCHF trading back to the previous break down levels. => The higher US rates = higher USD narrative is starting to fade so this remains only a short-term play before the hikes later this month. The stage is being set for a ...

TP = 286.634 as CHFHUF extended the gains on the 1D Channel Up (RSI = 58.041, MACD = 1.231, B/BP 1.4290) to a 292.000 Higher High. After continuous Higher Lows (Highs/Lows = 0.0000), we expect a narrower Rising Wedge to approach a peak, so we are long again, TP = 295.175.

=> As widely expected since earlier in the week CHF catching a bid from the safe have flows. => Draghi et al confirming today that "risk-off" is around the corner and those sharp enough have been positioning already... here we are almost ready to start clearing our positions. => For those still tracking the cross the double top will now cap any meaningful upside ...

=> Here we are actively adding to our CHF exposure as we are expecting risk to enter back into the picture any day now... => The move towards the 50% retracement has yet to complete and we see this bearish momentum to threaten a break below. => The upside is capped with iron resistance at 0.985x => Here we recommend shorts with targets at 0.9627x , entries at ...

USD/CHF labeled in a bearish ABC correction, where wave A unfolded as a Leading Diagonal and wave B unfolded as a Double Three. Wave C presents an extension and expecting a bearish continuation.

Swiss frank, one of the strongest currencies of 8 majors, if not the strongest (as it has been in bullish uptrend since 1960) has gone through a period of consolidation (with bullish inclination) during recent years. Now after it reached the bottom of its consolidation channel, frank is going to go bullish next weeks. And after it has been cornered in a triangle I ...

timeframe : 1H entry price : 0.96750 Take profit 1 : 0.97125 Take profit 2 : 0.97500 Stop loss : 0.96350 (suggest to use trailing stop) -------------------------------------------------------------- Don't forget Asset management / and please trade at your own risk and this chart is as my opinion about USD/CHF THANK YOU REGARDS Abolfazl Abedi

a weak British Pound GBP and strong Swiss Franc CHF has potential for a short this week its bank holiday this monday in UK so not expecting much trading volume but could lead to a good entry for a short possible we see a small pullback towards 1.272 area which we will be looking to short from indicators looking bearish

USDCHF had broken below the triangle pattern. Some levels to look out for as it rallies back towards the supply zone for short opportunity. Happy Trading, folks! Cheers!

USDCHF seems in the middle of a correction after the previous drop. I'm expecting a potential bounce for one more wave down.

EURCHF has just made a Lower High on the 1D Channel Down (RSI = 42.183, MACD = -0.005, Highs/Lows = 0) and is now aiming for a new Lower Low near 1.10800. However due to the previous Lower Low supporting line, we are more cautious on this short aiming at a TP = 1.11417.

GC GBP/CHF is very overbought as you can see in my MACZ-Vwap, DeMarker, CCI, momo Stoch, momo squeeze and RSI-EMA etc. it's for the pair going back to it's original bands and stop stretching itself. FX:GBPCHF

Second target reached earlier today which I wrote about here. Currently the pair has found support right around 0.96750. Retail trade sentiment is biased long while market momentum continues to decline. Further downside seems ahead, although the pair might stabilize within the present price area. Target III might be a little bit trickier to hit as we'll be in ...