In this video update, we take a look at the USDCHF weekly chart in anticipation of the weekly candle finishing bearish. If this does finish bearish we can expect price to retrace next week back into the double top neckline resistance. If price finds resistance here we can expect price to head back towards the key parity level.
BASED ON THE ANALYSIS PRESENTED ABOVE WE HAVE 2 TARGETS IN MIND FOR THIS PAIR UNTIL THE CONFLUENCE ZONE SHOWED WILL HOLD AS SUPPORT.
In this update, we take a look at USDCHF as price rejected the key weekly level. The 4hr timeframe highlighted a potential double top pattern which has now completed. Looking for price to re-test the neckline on a lower timeframe to take short again.
In this video update, we take a look at the USDCHF as it enters the key supply zone around 1.0050. Price is consolidating here on the 1hr chart and if we see a break lower and a close below 1.0030 sellers look likely to re-enter the market. NFP data Friday could reveal softer job numbers which will likely push the USD lower in line with the current dovish Fed members.
Sniper entry review on this pair General Market Analysis Comment "I WANT MORE" if you liked this video analysis and would like more! Join my Discord Server for FREE: discord.gg GOOD LUCK!
Martin Long and Short Zones Martin Support and Resistance Martin Trend Meter Martin Stochast Trend Martin Momentum Lines Martin Drop Coming Martin Rise Coming setup: 1. add martin trend bars, add martin S/R, add martin L/S zones to chart 2. set martin S/R to 1 or 2 sensitivity (recommend 1) rules for opening a trade: -open if zone color is in...
DAILY NY MARKET SCAN 1/16 $USDCAD $USDCHF $EURUSD $AUDUSD $GBPUSD
Let’s talk a bit about USD. December job report has been strong with the US economy adding the most jobs since February. However, an increase in average hourly earnings won’t be enough to keep the dollar strong this year. Yes, over the short-term, we will see a rally in USD, but over a long-term dollar will dive. We expect 2 rate hikes this year. In recent...
In this video update, we take a look at USDCHF and look at how the potential USD weakness could affect this market. We expect low liquidy now until the new year so we could see this market just move sideways at the key support until the new year or anything significant happens.
Here is a full breakdown video of how we entered this trade based on our pre-determined trade plan! Enjoy. Please check out our weekly markups and trade plan videos here: www.zenfxtrading.com And join our free Telegram community channel here: t.me
Every day I am going live pre London with the best setups I see in the market at this moment
I have 2 scenarios: 1. Open Sell if Daily candle close under 0.99529 2. Open Buy if Daily close above key level 0,99529 and EURO will close under key level.
Every day I am going live Pre London to go through my charts. Please hit like / follow if you are keen to hear more.
Going live every day Pre London with few good looking setups.
1. Trend line broken to the down side 2. Using the breakout candle as reason for entering short at market price 3. Stop loss just above the breakout candle 4. Take profit placed at the beginning of the small up trend
if the price does not fall of 23.6% of fibo is a bearish weakness, new price maxima will come. Wait for macd stoch and overlay trend, buy signal. USDCHF 15 min.
MOVE YOUR STOPS BELOW YOUR ENTRY
update on USDCHF LOOK TO RE ENTER IF YOU MISSED THE TRADE