Pure technical analysis We think the picture speaks for itself. Wait for USDCHF create Change of Character in the short red line, wait for the price to pullback to the red line area and set sell position to 0.5 - 0.618 fib zone. In this area, put buy limit order and set take profit at the previous high (fresh minor resistance). Cancel setup in change of...
usdchf has been in a correction for weeks in a overall down trending market. since i understand the phases pf the market i know that after a correction comes an impluse so now ill be waiting on the impulse to the downside. *USDCHF short
By checking the USDJPY chart, we can see that exactly as we expected, this currency pair has started a heavy fall and with more than 90 pips correcting , it is currently trading in the range of 147.97, and I expect the price to continue this fall. Its possible targets are 147.7, 147.2 and 146.8 respectively! This analysis will be updated! I hope you have made the...
By studying the USDCHF on a daily time frame we can see the price reached the rejection block and had a bullish reaction, then the price created a high on 23 January that is located below the bearish order block which was created on the 0.5 level of Fibonacci. So we have a liquidity pool formed as an equal high below the bearish order block. In addition, we can...
USDCHF - Classic bearish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Sell USDCHF Entry - 0.8719 Stop - 0.8759 Take - 0.8641 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
USDCHF is technically bullish on the 1D timeframe (RSI = 60.467, MACD = 0.001, ADX = 44.050) as it has made a Channel Down bottom on December 29th 2023 and has since rebounded over the 1D MA50. Technically it is still halfway through the new bullish wave that should extend over the 1D MA200 at around +8.18% from the bottom. That falls a little under the 0.786...
In the daily time, it is moving in a descending channel, which according to the previous analysis, I expected a drop to the range of 1.618, which has now corrected below this range, which is approximately 2.618 Fibo of the previous wave. Therefore, if I still expect this correction to continue and the current upward correction can strengthen this scenario, we...
Hey Traders, in today's trading session we are monitoring USDCHF for a buying opportunity around 0.86900 zone, USDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.86900 support and resistance area. The Federal Reserve's recent cautionary stance, particularly the indication of no rate cuts in the near...
USDCHF is on a pretty long downtrend these days, maybe with a little bounce in a new downtrend channel? I'm thinking of giving selling a shot.
Hi guys, this is my overview for USDCHF, feel free to check it and write your feedback in comments👊 After price bounced from support line, which coincided with $0.8570 support level, it rose to resistance area. Price some time traded in this area, made correction, after which CHF rose higher resistance area and then started to fall. Also, price entered to...
✅USD_CHF is going up now But a strong resistance level is ahead at 0.8719 Thus I am expecting a pullback And a move down towards the target at 0.8660 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 0.8676, which is a multi-swing high resistance. Our take profit will be at 0.8609, a pullback support level. The stop loss will be placed at 0.8734, which is above the swing high resistance level." High Risk Investment Warning Trading Forex/CFDs on margin carries...
💹 Forex Quick Check: #USDCHF 📉 Trend: Bearish 🚀 Action: SHORT @ 0.87104 🎯 TP: 0.85677 🔍 Insights: Hey traders. Welcome to Anna Trade Charts. Here we had another analysis for #USDCHF. USDCHF is in the bearish trend and now is going for false breakout to the bearish trend line. Here we can see that we had a strong bearish liquidation zone, where we can find a...
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...
Hello,Traders! USD-CHF keeps growing And will soon enter the Supply area around 0.872 From where we will be Expecting the pair To go down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello traders! ‼️ This is my perspective on USDCHF. Technical analysis: Here price respected perfectly previous analysis, but for now I expect we to see a pullback price to fill the imbalance lower. Like, comment and subscribe to be in touch with my content!
USDCHF - Classic bullish formation - Our team expects growth SUGGESTED TRADE: Swing Trade Buy USDCHF Entry Level - 0.8558 Sl - 0.8526 Tp - 0.8633 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
After NFP and Rate decision last week. I believe USD will show some weakness for the next weeks. Not sure if it will be followed by strength or we may not see that strength after all. Will have to wait and see.