USDCHF is falling towards a pullback support and could potentially reverse from here to bounce higher towards our take profit target. Entry: 0.89357 Why we like it: There is a pullback support that aligns close to the 23.6% Fibonacci retracement level Stop Loss: 0.88929 Why we like it: There is a pullback support level that aligns with the 38.2% Fibonacci...
Strong Bullish movement,the price made a retest in a new support and now it's ready to fly. My trading idea is: Entry at 0.8955 SL at o.892 TP 0.97
Hello Traders, If you have seen my analysis of the dollar index, you will know that my outlook on the dollar has shifted to bearish but I'm waiting for it to get to a level where I would be expecting a structural shift from bullish to bearish before I decide to trade against the dollar. Check my page for more analysis. Follow for more updates like this. Cheers, Jabari
Hello,Traders! USD-CHF is going up To retest the resistance at 0.901 And the pair is locally overbought So I think that we will see A local bearish correction After the pair hits the resistance Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello, Welcome to this analysis about USDCHF and the 4-hour timeframe perspectives. As I discovered USDCHF in recent times is forming some interesting developments that can be the origin of upcoming volatilities to consider. As when looking at my chart now we can watch there how USDCHF has developed this major ascending-channel-formation marked with the...
Hello, Welcome to this analysis about USDCHF, we are looking at the hourly timeframe perspectives. USDCHF is in a structure in which it has established some important determinations and as I discovered is likely to emerge with increased volatility within the next times once this determining formation has been completed. As when looking at my chart now we can...
Hello,Friends! USD/CHF pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 3H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is...
My dear subscribers, My technical analysis for USDCHF is below: The price is coiling around a solid key level - 0.8972 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 0.8892 About Used Indicators: By the very nature of the...
We made a buy entry at 0.88540, we are still holding this position ahead of next week key events, if the data release remains favorable for the dollar we shall hit our Tp1 at 0.89958 and our Tp 2 at 0.91200.
Hey Traders, in today’s trading session we are monitoring USDCHF for a buying opportunity around 0.89300 zone, USDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.89300 support and resistance area. Trade safe, Joe.
My dear friends, USDCHF looks like it will make a good move, and here are the details: The market is trading on 0.8976 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 0.8929 About Used Indicators: Pivot points are a...
Take a look at our analysis for USDCHF. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 0.897. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.894 level soon. P.S Overbought describes a period of time where...
hello again In the usdchf currency pair, due to the weakening of the dollar index, we can have swing transactions in the direction of selling. This symbol can be suitable for selling due to the decrease in buying momentum and the existence of a downward trend Two positions for this symbol have been displayed in the chart, which you can enter in one or both of...
The Swissy is the nearing a resistance around the 0.89939 level that has been tested and proven strong from 17th April 23 to 6th July 23. The pair is also displaying bearish divergence from the 4 hour to the 5 min chart. I believe the bears will come into play as soon as Monday pulling the pair down and I intend to be one of those bears with an entry at the...
The the pair is nearing a support and resistance area that has been tested and proven strong from 17th April 23 to the 6th of July 23. The pair also displaying bearish divergence from the 4 hour to the 5 min charts.
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...
The USDCHF currency pair has recently reached a significant resistance level on the higher time frame, which warrants our attention. In our video, we extensively discuss critical aspects of TA including the prevailing trend, the overall market structure, price action patterns, and the identification of key support and resistance levels. Furthermore, we explore a...