Hey Traders, in today's trading session we are monitoring USDCHF for a selling opportunity around 0.89450 zone, USDCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.89450 support and resistance area. Trade safe, Joe.
Price is rising towards a resistance level which is an overlap resistance that is slightly below the 50% Fibonacci retracement and could reverse to our take profit. Entry: 0.8998 Why we like it: There is an overlap resistance level that is slightly below the 50% Fibonacci retracement. Stop loss: 0.9061 Why we like it: There is a pullback resistance level. Take...
USD/CHF is rising towards a resistance level which is a pullback resistance that is slightly below the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.8998 Why we like it: There is a pullback resistance level which is slightly below the 50% Fibonacci retracement. Stop loss: 0.9093 Why we like it: There is an overlap...
USD/CHF is rising towards the pivot and could potentially to the pullback support level. Pivot: 0.8989 1st Support: 0.8883 1st Resistance: 0.9059 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please...
USDCHF - Intraday We look for losses to be extended today. There is no clear indication that the downward move is coming to an end. Short term momentum is bearish. 0.8884 has been pivotal. A break of the recent low at 0.8883 should result in a further move lower. We look to Sell a break of 0.8879 (stop at 0.8907) Our profit targets will be 0.8809 and...
The USD/CHF pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Bearish Pennant pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 0.8915, positioned close to the breakout...
Hey Trader, Check out this analysis on USDCHF. A long entry plan is best above the intraday support area (leading to the range continuation). Alternatively, a short trade can be considered if the price breaks below the intraday key zone (support), retests, and resists. A short trade can be considered. Trade safe.
USD/CHF is falling towards the pivot which has been identified as a pullback support and could bounce to the overlap resistance. Pivot: 0.8988 1st Support: 0.8918 1st Resistance: 0.9094 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be...
USDCHF is borderline bullish on its 1D technical outlook (RSI = 57.216, MACD = 0.002, ADX = 24.748) but still inside the 2024 Channel Up. As long as the 1D MA50 supports, we will stay bullish along with the trend, especially since the 1D MACD formed another Bullish Cross. Despite the presence of the R1 level, the bullish waves of the Channel Up have been clear and...
USDCHF - 24h expiry Daily signals are bullish. 20 1day EMA is at 0.9103. Early pessimism is likely to lead to losses although extended attempts lower are expected to fail. We look to buy dips. We look for a temporary move lower. We look to Buy at 0.9103 (stop at 0.9081) Our profit targets will be 0.9158 and 0.9168 Resistance: 0.9130 / 0.9158 /...
USD/CHF has reacted off the pivot which acts as a pullback resistance and could drop to the 1st support. Pivot: 0.9151 1st Support: 0.9094 1st Resistance: 0.9213 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all...
The USD/CHF pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours. Possible Long Trade: Entry: Consider Entering A Long Position Above The Broken Trendline Of The Triangle After...
Hey Traders, in today's trading session we are monitoring USDCHF for a selling opportunity around 0.91000 zone, USDCHF was trading in an uptrend and successfully managed to break it out, currently is in a correction phase in which it is approaching the retrace area at 0.91000 support and resistance area. Fundamentally there is a decent between USD and CHF talking...
USD/CHF is rising towards the pivot and could potentially drop to the 1st support. Pivot: 0.9096 1st Support: 0.8990 1st Resistance: 0.9150 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure...
USD/CHF is rising towards the pivot, which has been identified as an overlapping resistance and could potentially reverse from this level to the 1st support. Pivot: 0.9098 1st Support: 0.8987 1st Resistance: 0.9151 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose....
Price is still moving in our predicted direction as we planned in higher timeframes. Here is a medium-risk position. Ps. Leave your comments and thoughts.
The price has been moving downward for some time now and completing the 3rd wave based on Elliot waves theory .. what we see as a spike is more like the price giving out its last sellers .. now needs to correct .. and then continue its way down. I don't think the 5th wave will go down below the 3rd wave, or if it goes, it wouldn't be too much .. we are at the...
Hello Agn, Today the market is moving quickly due to the upcoming data, which has caused most of our previous analysis to be profitable. Remember to save your profits and take them out of the market, as it may take them back just as fast as it gave them to you. It's important not to get caught up in the idea of making big profits quickly. Additionally, here is...