USDCHF - Intraday - We look to Buy a break of 0.9025 (stop at 0.9008) A bullish reverse Head and Shoulders has formed. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. We look for a temporary move higher. Previous support, now becomes resistance at 0.9080. Pivot resistance is at 0.9019. Our profit targets...
In case of pullback on the area and strong return to buy
USDCHF is at a monthly pivot level (all blue lines monthly pivots). Price has broken the downtrend. We could see upside from this key level.
USDCHF is finding support prior to the USD Durable Goods Orders data, which measures the cost of orders received by manufacturers for durable goods, which means goods planned to last for three years or more, such as motor vehicles and appliances. Technically the pair is at the key support zone, and has made a break to the upside of a descending wedge pattern. The...
USDCHF Is at support prior to the CHF unemployment rate data. Technically the pair is in a corrective pattern, above the significant 0.9070 level, and the PPO is showing bullish divergence .
USDCHF is facing bearish pressure from 100% Fibonacci extension and 127.2% Fibonacci retracement . Prices might push down towards horizontal swing low support in line with 38.2% Fibonacci retracement and 50% Fibonacci extension . If prices push up towards, prices might face resistance from horizontal swing high resistance in line with 161.8% Fibonacci retracement...
USDCHF is facing bearish pressure from 100% Fibonacci extension and 127.2% Fibonacci retracement. Prices might push down towards horizontal swing low support in line with 38.2% Fibonacci retracement and 50% Fibonacci extension. If prices push up towards, prices might face resistance from horizontal swing high resistance in line with 161.8% Fibonacci retracement as...
Technical Overview: - USD/CHF Analysis is only 1 piece of the puzzle 🧩 Our analysis is a sentiment for the upcoming week, month. Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining. Trade this sentiment based off your own entry strategy at the right time. Flow with the Devil 😈 Trade with the manipulation👾
Trading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (0.9120). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDCHF is in a downtrend and the continuation of downtrend is expected. . The price is below the 21-Day WEMA which acts as a...
Trading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (0.9120). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDCHF is in a downtrend and the continuation of downtrend is expected. . The price is below the 21-Day WEMA which acts as a...
USDCHF - Intraday - We look to Sell at 0.9184 (stop at 0.9205) Daily signals are mildly bearish. 50 1day EMA is at 0.9191. Pivot resistance is at 0.9196. Previous support, now becomes resistance at 0.9190. Preferred trade is to sell into rallies. Our profit targets will be 0.9124 and 0.9104 Resistance: 0.9170 / 0.9190 / 0.9210 Support: 0.9150 / 0.9130 / 0.9100
USDCHF after the 1st test of the structure at the 0.91300 retested the resistance zona at the 0.5 Fibonacci level. From the re the market turned for a new test of the support. According to Plancton's strategy if the price will break below we will set a nice short order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red...
I am finding it difficult to analyse this chart. I have identified four different areas of support/resistance. The orange arrow is a concept that price may reverse immediately, bouncing off the recent support last tested early part of last week. The yellow arrow suggests price will continue down to the support trend line of the uptrend, before moving bullish. The...
Hi there. Price is forming a reversal pattern to change its direction. Wait for the price to complete the pattern and watch strong price action for buy.
USDCHF - Intraday - We look to Sell at 0.9185 (stop at 0.9203) Our short term bias remains negative. Previous support, now becomes resistance at 0.9190. Preferred trade is to sell into rallies. Pivot support is at 0.9129. Our profit targets will be 0.9131 and 0.9111 Resistance: 0.9180 / 0.9200 / 0.9210 Support: 0.9150 / 0.9130 / 0.9100