USDCHF - 11h expiry - We look to Buy at 0.9931 (stop at 0.9905) Daily signals are mildly bullish. We look to buy dips. 0.9919 has been pivotal. Offers good risk reward to buy at market. Our profit targets will be 0.9999 and 1.0009 Resistance: 0.9980 / 1.0000 / 1.0030 Support: 0.9950 / 0.9920 / 0.9900 Risk Disclaimer The trade ideas beyond this page are...
On H4, with the price moving below ichimoku clolud, and breaking the ascending trendline, we have a bearish bias that the price may drop form the sell entry at 1.00317 which is in line with the 61.8% fibonacci retracement to the take profit at 0.97395, where the 61.8% fibonacci retracement is. Alternatively, the price may rise to the stop loss at 1.01443, which is...
On the H4 chart, the overall bias for USDCHF is bullish . We are looking for a pullback buy entry at 0.99624, where 2 of the 38.2% Fibonacci lines are located. We are looking to take profit at 1.00678 where the 78.6% and 38.2% Fibonacci lines are located. We have a pretty safe stop loss set at 0.98827 where it is slightly below where the 23.6% and 61.8% %...
On H4, with the price moving below ichimoku clolud, and breaking the ascending trendline, we have a bearish bias that the price may drop form the sell entry at 0.99987 which is in line with the 50% fibonacci retracement to the take profit at 0.97395, where the 61.8% fibonacci retracement is. Alternatively, the price may rise to the stop loss at 1.01443, which is...
On the H4 chart, the overall bias for USDCHF is bullish . We are looking for a pullback buy entry at 0.99283, where the 23.6% and 38.2% Fibonacci lines are located. We are looking to take profit at 1.00678 where the 78.6% Fibonacci extension line is located. We have a pretty safe stop loss set at 0.98302 where it is slightly below where the 127.2% Fibonacci...
USD FUNDAMENTAL OUTLOOK: BULLISH BASELINE With headline CPI above 8% and Core CPI seeing another acceleration in the SEP CPI data, the Fed is under pressure to continue hiking rates and ramping up QT. Markets expect another 75bsp hike in NOV and currently prices the terminal rate at 4.89%. The Fed is on a data-dependent (meeting-by-meeting) policy stance,...
USD FUNDAMENTAL OUTLOOK: BULLISH BASELINE With headline CPI above 8% and Core CPI seeing another acceleration in the SEP CPI data, the Fed is under pressure to continue hiking rates and ramping up QT. Markets expect another 75bsp hike in NOV and currently prices the terminal rate at 4.89%. The Fed is on a data-dependent (meeting-by-meeting) policy stance,...
The USDCHF pair is trading within a Channel Up pattern ever since it made its low on the 2021 Higher Lows zone (started January 2021) just below the 1D MA200 (orange trend-line) on August 11 2022. After another bounce on the 1D MA200, the price established the 1D MA50 (blue trend-line) as its Support and even tested and marginally broke (on a candle wick) the...
On H4, with the price moving below ichimoku clolud, and breaking the ascending trendline, we have a bearish bias that the price may drop form the sell entry at 1.00297 which is in line with the 61.8% fibonacci retracement to the take profit at 0.97395, where the 61.8% fibonacci retracement is. Alternatively, the price may rise to the stop loss at 1.01492, which is...
On the H4 chart, the overall bias for USDCHF is bearish. To add confluence to this, price is below the Ichimoku cloud which indicates a bearish market. With price tapping onto our sell entry at 0.99250, where the 23.6% Fibonacci line is located. We are looking to take profit at 0.97823 where the 161.8% Fibonacci extension line and previous low is located. We have...
USDCHF on the 4h chart after the attempt to break the monthly resistance moved lower and is currently trading over an ascending trendline. The price remains on a bullish trend but in the short term we can see a deeper retracement. How can i approach this scenario? I will wait for a potential break of the dynamic support and if that will happen i will check a...
On H4, with the price moving below ichimoku clolud, and breaking the ascending trendline, we have a bearish bias that the price may drop form the sell entry at 0.99226, which is in line with the 23.6% fibonacci retracement to the take profit at 0.97395, where the 61.8% fibonacci retracement is. Alternatively, the price may rise to the stop loss at 1.00696, which...
USDCHF - 14h expiry - We look to Sell at 0.9915 (stop at 0.9941) Short term bias has turned negative. Previous support at 0.9920 now becomes resistance. We look for a temporary move higher. Preferred trade is to sell into rallies. Our profit targets will be 0.9852 and 0.9842 Resistance: 0.9870 / 0.9920 / 0.9950 Support: 0.9840 / 0.9820 / 0.9800 Risk...
We have a bearish bias on USDCHF with price currently trading below the ichimoku cloud which indicates a bullish market. Looking for a pullback sell entry at 0.99285 where the 00% Fibonacci projection line is located, with take profit at 0.97838 where the 50% Fibonacci projection line is located. Stop loss will be at 1.00393 slightly above where the 61.8%...
On the H4 time frame, prices are approaching the resistance zone at 0.9920, in line with the 23.6% Fibonacci retracement and a pullback to this resistance zone presents an opportunity to play the drop to the support target at 0.9750. This support zone lines up with the 61.8% Fibonacci retracement and 100% Fibonacci extension. Prices are holding below the Ichimoku...
usdchf One of the best positions that can be taken in October, at least until next Wednesday, when the interest rate will come. @DrGhanizadeh
On H4, with the price moving below ichimoku clolud, and breaking the ascending trendline, we have a bearish bias that the price may drop form the sell entry at 0.99421, which is in line with the 23.6% fibonacci retracement to the take profit at 0.97395, where the 61.8% fibonacci retracement is. Alternatively, the price may rise to the stop loss at 1.00696, which...
We have a bearish bias on USDCHF with price currently trading below the ichimoku cloud which indicates a bullish market. Looking for a pullback sell entry at 0.99823 where the 20% Fibonacci line is located, with take profit at 0.98570 where the 38.2% Fibonacci projection line is located. Stop loss will be at 0.99424 where the previous low is located. Any...