Hi there. Price is moving impulsively to the downside. If you are not in, wait for the price to form a continuation pattern on a lower time frame and watch strong price action for sell. CHF is driving the down move, so the more CHF go up this pair gonna fall.
Hi there. Price is forming a continuation pattern to the downside, but it looks like one more up move is possible. If so, wait for the price to hit the top of the pattern and watch strong price action for sell. CHF gonna get strength, if not this week maybe next week. So probably we may see a fall and not one more up move on the bigger continuation pattern. We are...
Hi there. Price is forming a clear continuation pattern to the downside. Wait for the price to complete the continuation pattern that it’s forming on lower time frame and watch strong price action for sell. Next week probably dollar will fall and CHF gonna get strength. Perfect pair to trade.
Do you believe in end of the world? I don't.
Question: if someone held a gun to your head, and forced you to pick a 5 year+ forex pair that would capitalize on a USD bull market, which pair would it be? Answer: USDCHF The Swiss Franc has long since lost it's save haven status, and its largest trading partner is the EU, the failed 4th Reich. The Dollar remains the most sought-after currency in the...
Hi there. Clear continuation pattern to the upside. Currently GBP is so strong and on this pair it is driving the move. Wait for the price to hit the bottom of the pattern and watch strong price action for buy. Don’t take a trade if you don’t see clearly when big guys are in.
Hi there. Price is forming a continuation pattern to the downside. Wait for the price to hit the top of the pattern and watch strong price action for sell. Don’t take a trade if you don’t see clearly when big guys are in.
CHFJPY Broken descending chanel potential buy 1. broken descending chanel. 2. waiting for candle confirmation on new ascending trendline.
Technical Analysis and Outlook Mildly bullish momentum signaling that sideways to higher prices are possible interim. If the currency pair extends the ascend by closing above Mean Resistance 0.9927 , this would confirm that a short-term bullishness has been positioned. The next upside target is Mean Resistance 0.9968 , and revisit the Key Resistance 1.0048 ...
It seems that finally we are dealing with the down move. If you are not in, wait for the price to form a continuation pattern on a lower time frame and watch strong price action for sell. Don’t take a trade if you don’t see clearly when big guys are in. Forex signals premium channel. Join us! t.me
=> Here we are tracking the Riksbank meeting on Wednesday with hikes expected to come in either December or February. => We expect December to remain on the cards and continue supporting a bullish SEK tone. => On the Swiss side, as you all know from our previous ideas Swiss investors positions in foreign assets remain largely FX hedged so there is little concern...
Not a whole to say about this pair. Momentum is still up on the daily chart, looking for it to peak somewhere near the red line. Happy Trading folks, Cheers!
The price is trading on a 1D Channel Up (RSI = 67.142, Highs/Lows = 0.0019, B/BP = 0.0128) towards the 1W Resistance zone of 1.00384 - 1.00690. Our trading plan is to long to that Resistance zone as a Higher High on the 1D Channel Up and short on the projected Resistance rejection towards 0.98663. USDCHF should generally be bearish on the medium term.
The price is rising on a solid 1D Channel Up (RSI = 57.372, Highs/Lows = 0.0025, B/BP = 0.0073) on limited overbought activity as AUDCHF aims for the 0.72414 - 0.72658 1D Resistance zone. That should be an ideal technical Higher High so we are long with TP = 0.72300. Be aware of the 1W Lower High trend line (blue dots).
FX:USDCHF PS: It is not advisable to take both set ups since they are very highly correlated. We have gone short afer the formation of a bearish gartley.
USDCHF has been ranging for close to 2 weeks, and the price has chosen to break below the previous rising trendline as well as below the range. The dollar has turned sluggish again and is most likely to retrace lower, a plus point to short USDCHF. The Swiss Franc is seen performing stronger as compared to last week, thus a reason to buy CHF. Lastly, the structure...
Cosidering the level audchf came off of, it should be in an uptrend. There is the possibility of it forming a larger correction, but it can keep going. AudChf and Nchf look to have completed large WXY corrections on weekly.