I am longing USDCHF, there is a series of confluence that makes me believe THAT USDCHF will try to make a new high. After the new high is establish, there might be serious of consolidation before deciding the next move it want to make.
Preferred direction: SELL Comment: The situation for Gold is currently in favor of buyers. In the very near future, the local maximum at the level of 1930 will most likely be updated. However, strong growth is unlikely to be expected. It will likely be best to wait for a better entry point and only consider gold for a midweek entry. Thank you for like and...
Preferred direction: SELL Comment: At the beginning of the week, the dollar lost ground slightly, but despite this, the American currency still dominates the market based on a number of technical factors and, of course, fundamental ones. The pound is also expected to fall towards the support area at the level of 1.20500. In the medium term, the instrument may...
The pair has potential to move up after the expanding flat correction. I have drawn the invalidation level and the target profit zone. Personally I go for moderate take profit. Trade with care Guys. May the pips be with you all. Risk management is everything.
Waiting for a retest of 0.90000 to long USDCHF back to 4H swing high at 0.92233 If you agree drop a like and if you have any questions leave a comment :)
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 the coming week we are monitoring USDCHF for a buying opportunity around 0.89900 zone, USDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.89900 support and resistance area. Trade safe, Joe.
Hi viewers, USDCHF price is break zone, currently here bearish continuation for next periods to expect TP1: 0.89350 (80) TP2: 0.88900 (125)
My dear friends, My technical analysis for USDCHF is below: The market is trading on 0.9062 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 0.9138 Recommended Stop Loss - 0.9013 About Used Indicators: A pivot point is a technical analysis indicator, or calculations,...
The market of USDCHF making continuation pattern and I believe that it will be rise more. Better to look buying opportunity on it.
Traders, do not forget that in 30 minutes we are expecting US CPI Report. Here is your detailed trading plan for USDCHF ahead of the news. The market is currently approaching a key daily horizontal support. Your bullish confirmation will be a bullish breakout of a resistance line of a falling wedge pattern on a 4H time frame. 4H candle close above the trend...
Preferred direction: SELL Comment: Metals are recovering quite actively ahead of the US inflation release. The price of gold is in the sales area that we noted yesterday. We continue to sell. We need to take into account volatility and there is a possibility of a false movement beyond the level of 1890, and then again going below the level and falling towards...
Preferred direction: SELL Comment: For the yen, however, we can consider a short scenario. This couple stands out from the rest. Most likely, upon the publication of inflation data in the US, the price will jump up, and after that we expect a test of the level of 147.816. Further, most likely, the movement will also develop downward in the short term. Thank...
Preferred direction: BUY Comment: A slight recovery against the dollar is exactly what we expected at the beginning of the week. Very promising entry points in the market are now being formed. The situation during the publication of inflation data in the US will most likely develop in favor of the dollar. We place our targets at the level of 0.91475. Thank...
Watch and see entry postion on the market Sell limit when the price reach the target area only
When there is a bullish trend in the market, there is a structure known as a "boss." Currently, the market is bearish, with the price penetrating the minor bearish area and heading towards the trendline. If the price manages to break through the trendline, it will confirm the two bearish trends. To find opportunities for long positions, you can draw a Fibonacci...
Today, the USD/CHF currency pair looks to rest at monthly lows, settling around 0.8920 entering the European session on Friday, after recording an impressive recovery to convince traders sales yesterday. The Swiss franc (CHF) fell the most in a week as it broke through key technical support levels, convincing investors to favor extended lows. What raises hopes...
hello everyone, Trading in the dollar/franc pair stabilizes below the level of 0.9066, so that the bearish corrective trend scenario remains effective, which targets the level of 0.8982 as the next main station. The descending channel organizes the proposed bearish wave, which receives good support from the moving average of 50, recalling the importance of...