After a test of an important intraday demand zone, USDCHF broke a resistance line of an expanding wedge pattern on a 4H time frame. A cup & handle pattern was formed then. The neckline of the pattern was broken during the middle of NY session yesterday. These 2 strong bullish confirmations make me think that the pair will go higher. Next resistance: 0.9068 ...
🏃♂️GBPCHF is running in the 🟢Heave Support zone(1.109 CHF_1.098CHF)🟢 . 🐻GBPCHF was able to make a Bear Trap . 📚 Basically, after creating a bear trap, we should expect a pump and asset growth. 🔔I expect GBPCHF will go UP at least to 200_SMA(Daily) . British Pound/ Swiss Franc Analyze ( GBPCHF ) Daily time frame⏰. Do not forget to put Stop loss for...
Hello Traders ! On Friday 20 Oct, The AUDCHF Price Reached A Support Level (0.56345 - 0.56070). The Resistance Level (0.58100 - 0.58332) is Broken and Becomes a New Support Level. The Resistance Line Line is Broken. So, I Expect a Bullish Move 📈. i'm waiting for retest... ----------- TARGET: 0.58790🎯
NZDCHF is trading inside a multi year Channel Down, evident on the 1W technical outlook, which is neutral (RSI = 47.618, MACD = -0.007, ADX = 23.111), despite the pause to the downtrend since August 17th. The 1D MA200 holds as an unbroken Resistance since January 31st. Based on the 1D MACD, the current pattern mimics May - June 2023 and is on the 0.618 Fibonacci...
Hi Traders ! On The Daily Time Frame, The NZDCHF Price Reached A Support Level (0.51902 - 0.52084). Currently: -The Resistance Level (0.53330 - 0.53574) is Broken and Becomes a New Support Level. So, I Expect a Bullish Move 📈. i'm waiting for retest... ----------- TARGET: 0.54075🎯
The CHFJPY pair is trading within a Bullish Megaphone for almost 4 months (since July 12) and is on a rebound on the 1D MA50 (blue trend-line). Technically it priced the Higher High of the Megaphone 2 weeks ago so this should be the bearish leg towards its bottom (Higher Lows trend-line). Especially since the 1D MA100 (green trend-line) broke last month for the...
Hi folks today I'm prepared for you Swiss Franc analytics. Some days ago, the price rebounded from the resistance level and made a strong impulse down to the support area, which coincided with the 0.8925 support level. After this, the price a few time traded near and then declined below the trend line, where it at once rebounded and made a strong upward impulse to...
As We Talked in The Previous Analysis: On Thursday 19 Oct, The CADCHF Price Reached a Support Level (0.64800 - 0.64950) The Price Created a Rectangular Range. The Upper Resistance is Broken. Currently, The Price Created a Correction and Touched The Support Level! and Now it Will Continue its Bullish Movement ! ----------- TARGET: 0.65980🎯
Hi Traders ! On Thursday 19 Oct, The CADCHF Price Reached a Support Level (0.64800 - 0.64950) Currently, The Price Created a Rectangular Range. The Upper Resistance is Broken. So, I Expect a Bullish Move📈 i'm waiting for retest... ----------- TARGET: 0.65980🎯
✅The retest of the strong resistance level on AUD_CHF at 0.5827 Has happened after trading in a local uptrend from some time Which makes price decrease a likely scenario With the target being a local support below at 0.5786 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
More than a month ago (September 19) we gave a short-term buy signal on the EURCHF pair (see chart below) that quickly hit its target: The price is now ranged within the 1D MA50 (blue trend-line) and the 1D MA100 (green trend-line) near not only the top of the 10-month Channel Down but also the Lower Highs trend-line from September 20 2021. The MACD is on a...
Hello Traders ! On 4H Time Frame, The NZDCHF Price Reached a Support Level (0.51902 - 0.52084) Currently, The Price Formed a Double Bottom Pattern. The Neckline is Broken. So, I Expect a Bullish Move📈 i'm waiting for retest... ----------- TARGET: 0.53330🎯 ___________ if you agree with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Hello Traders ! On Friday 20 October, The AUDCHF Price Reached A Daily Support Level (0.56345 - 0.56070). Currently, The Price Failed To Create a New Lower Low. The Last Lower High is Broken (Change of Character). So, I Expect a Bullish Move📈 i'm waiting for retest... ----------- TARGET: 0.58100🎯
✅GBP_CHF is going up to retest a horizontal resistance of 1.10876 Which makes me locally bearish biased And I think that we will see a pullback And a move down from the level Towards the target below at 1.1025 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Pair : USDCHF ( U.S Dollar / Swiss French ) Description : Completed " 12345 " Impulsive Wave and Formed " Double Top " as an Corrective Pattern for Trend Reversal and it has Completed " A " Corrective Wave. It is Rejecting from S / R Level and Fibonacci Level 50.00% to complete its " B " Corrective Wave Entry Precaution : Wait until it Complete " b " Corrective...
Investor flight to safety might provide a favorable outlook for the Swiss franc this week. Swiss franc against the USD and GBP might be the most interesting considering the Fed and the Bank of England (BoE) hold their policy meetings this week, where they are both expected to keep rates exactly where they are. These pauses by the Fed and BoE might contrast too...
✅CAD_CHF is accumulating in A parallel range pattern slightly above The horizontal demand level of 0.647 So IF we see a bullish breakout from The range a bullish move up Will be expected LONG🚀 ✅Like and subscribe to never miss a new idea!✅
CADCHF has held trading over the six month S1 Zone for the eight straight session. Obviously this turned the 4H timeframe (and below) neutral (RSI = 52.551, MACD = 0.000, ADX = 32.796), which makes for a solid bottom formation. On a wider look it appears that the original Channel Down transitioned into a Rectangle of a R1 and S1 Zone. The 1D MACD Bullish Cross...