Based on the H4 chart analysis, we can see that the price is currently at our buy entry at 0.8886, a multi-swing low support level. Our take profit will be at 0.8937, a pullback resistance. The stop loss will be placed at 0.8851, below the 161.8% Fibo extension High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may...
Here I have USD/CHF on the Daily Chart! After USD/CHF finished its Impulse Wave May 1st with a High @ .92242 we see based on the Low or Point A @ .89879 followed by a LOWER HIGH or Point B @ .91587 .. We are given all the Ingredients for a CORRECTION WAVE!! Now based on the break of the NEW LOWER LOW @ .88809, using the Fibonacci Retracement Tool, we see price...
Here is our detailed technical review for USDCHF. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 0.884. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.898 level soon. P.S Please, note that an...
USD/CHF is falling towards the pivot and could bounce to the pullback resistance. Pivot: 0.8883 1st Support: 0.8840 1st Resistance: 0.8983 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...
USDCHF:BUY OPEN: 0.89614 SL: 0.86963 TP: 0.9761 ================== Disclaimer: Any content in this text does not constitute investment advice. This text provides an objective description of the market situation and should not be considered an offer to sell or a solicitation to buy. Any decisions made based on the information provided in this text are your...
When all this happens on a daily chart, I am always interested. My chart is self-explanatory but I will just add that I am looking for a pull-back. That could happen at the round number 0.9000 or perhaps higher up around the 0.50 or 0.618 retracement area of the most recent down move. Initial target can be around 0.8900 or 0.8700. Recently, forex pairs have been...
The USD/CHF pair is approaching a key order block zone, showing signs of waning buying pressure. It appears primed for a pullback to retest the last significant bullish pivot. Keep an eye on this area for potential trading opportunities.
USDCHF formed a tiny double bottom pattern after a test of a wide key intraday horizontal support. I think that the price may pull back from the underlined blue area. Goal - 0.893 ❤️Please, support my work with like, thank you!❤️
Hello,Traders! USD-CHF is retesting a Horizontal support level Of 0.88827 and as we Are already seeing a bullish Rebound we will be expecting Some local growth Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
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.
My dear subscribers, USDCHF looks like it will make a good move, and here are the details: The market is trading on 0.8931 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 0.8958 About Used Indicators: The average true range ATR plays an important role in 'Supertrend'...
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...
Based on the H1 chart analysis, we can see that the price is currently at our sell entry at 0.8950, an overlap resistance close to 78.6% Fibonacci retracement. Our take profit will be at 0.8903, a multi-swing low support. The stop loss will be placed at 0.9005, which is a pullback resistance." High Risk Investment Warning Trading Forex/CFDs on margin carries...
Hello Traders, By looking at the dollar index, we can see a zigzag pattern ( 5-3-5 ) forming. Zigzag pattern is made of 3 waves: Wave A = 5 waves Wave B = 3 waves Wave C = 5 waves We are now in wave C= 5 waves, currently in subwave 3. Expecting USD weakness means XXXUSD Strength and USDXXX Weakness. See lower timeframe: DXY 4H - Ideally price...
Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 0.8988, which is an overlap resistance close to the 38.2% Fibo retracement Our take profit will be at 0.8937, a pullback support level. The stop loss will be placed at 0.9031, which is an overlap resistance level. High Risk Investment Warning Trading Forex/CFDs...
Hello,Traders! USD-CHF is going up now But the pair will soon hit A horizontal resistance Of 0.9013 from where And after the retest We will be expecting A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
☑️Pair Name : USD/CHF Time Frame : 4hrs Chart / Close Scale Type : Large Scale ------ 🛡 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ⌛ Key Technical / Direction ( Long ) Type : Mid Term Swing ——————————— Bullish Break 0.89750...