In the upcoming trading week, our focus turns to USDCHF, where we're eyeing a potential buying opportunity around the 0.84800 zone. Despite trading in an uptrend, the pair is currently in a correction phase, making its way toward the trend at the 0.84800 support and resistance area. Delving into the fundamental landscape, recent Consumer Price Index (CPI) data...
Hello TradingView Family / Fellow Traders, 📈 USDCHF been overall bearish , trading inside the falling blue channel and it is currently approaching the upper blue trendline. Moreover, the zone 0.86 is a robust supply zone. 🎯 Therefore, the highlighted red circle represents a significant area to consider for potential sell setups, as it marks the intersection of...
Hey Traders, In today's trading session, our focus is on USDCHF, as we observe a potential selling opportunity around the 0.85800 zone. The currency pair is currently in a downtrend, and it is presently navigating a correction phase, edging closer to the trendline at the crucial 0.85800 resistance area. This technical setup suggests a strategic moment to consider...
Greetings Traders, In today's trading session, our focus is on USDCHF as we actively monitor a potential selling opportunity around the 0.85600 zone. Presently entrenched in a downtrend, USDCHF demonstrates a sustained downward trajectory. Simultaneously, the currency pair is navigating a correction phase, steadily converging towards the trend at the pivotal...
USDCHF long trade from support zone. Let me know what you think!
Hey Traders, Check out this technical analysis on USDCHF. USDCHF is currently trading with bearish momentum by staying below the bearish trend line. So anticipate a retest of the broken support level and consider entering SELL positions. Keep a close eye on this; it could play out in either direction.
USDCHF long setup from support zone. Let me know what you think!
#USDCHF UPDATE Hello traders community. Hope you all are enjoying your trading journey. Today we are looking into the #USDCHF. USDCHF reaced on the major demand zone where it is forming an indecision candle in the 4 hr time frame. If it close above and then form any bullish candle in LTF like 1 hr or 30 Min. We will go for long position. As you can see that...
USDCHF is technically bearish on the 1D outlook (RSI = 38.319, MACD = -0.005, ADX = 47.617) and the long term pattern remains a Channel Down but the 1D MACD has formed a Bullish Cross. Since August 2022, 3 out of 4 such formations under 0.000 have initiated strong rises. Consequently, at least on the medium term, we regard this formation more dominant than the...
Hey Traders, Check out this technical analysis on USDCHF. USDCHF is currently trading with bearish momentum, so anticipate a retest of the broken support level and consider entering SELL positions. Keep a close eye on this; it could play out in either direction.
Hey Traders, in today's trading session we are monitoring USDCHF for a buying opportunity around 0.87900 zone, USDCHF was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.87900 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.07900 zone, EURUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.07900 support and resistance area. Trade safe, Joe.
The USDCHF pair has been trading within a Channel Down pattern since the August 11 2022 Low. Such a long-term pattern is difficult to break but according to the 1D MACD and RSI indicators, the pair may be experiencing a pattern change. As you can see, the 1D MACD is about to form a Bullish Cross, the lowest since July 27, which was soon after the last Lower Low...
Hey Traders, in today's trading session we are monitoring USDCHF for a selling opportunity around 0.87600 zone, USDCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.87600 support and resistance area. Trade safe, Joe.
Long Signal from my SSG Trading system. The system usually works very well on this pair. I sold a put with a strike of 0.8575 Expiry Jan 10th 24 to trade this.
US dollar Swiss franc breaking out of our bearish range following into another bearish range we're now waiting for our swing low to form so we can confirm the range direction as a whole we have a very clear point of interest along with liquid highs we're looking for these to be round before further downside.
US dollar to the Swiss franc here showing us that the bearish price action is the overall movement that the market wants now last week we had a bullish range within the bearish order flow but overall the market has continued to go bearish as we come into this range we are looking for the swing low to form to validate our range we are then looking for the...
Hey Traders, in tomorrow's trading session we are monitoring USDCHF for a selling opportunity around 0.88400 zone, USDCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.88400 support and resistance area. Trade safe, Joe.