Hello,Friends! USD/CHF pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 6H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.883 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
Preferred direction: SELL Comment: The short trading idea for the British pound, published last week, has also been working out perfectly and is already at a breaking point. In the very near future, local lows will be updated and against the background this will most likely be a short-term downward impulse. Thank you for like and share your views!
hi guys this structure for usdchf is short my cobcept is orderblock and smc
Preferred direction: BUY Comment: The idea on the franc published last week remains relevant, according to which we expect growth. At the moment, the currency pair continues to press towards local support at 0.89032, which creates the possibility of a short-term small impulsive movement downwards. Buy-deals, however, are still a priority. Thank you for like...
The USDCHF pair broke last week above the 1 year Channel Down and closed above the 1D MA100 (green trend-line) for the first time since November 09 2022. The price action has now completed five 1D candles above the 1D MA100 and the pattern that seems to be prevailing is a Channel Up (blue). With the 1D RSI hit 67.00, almost turning overbought, so our intension is...
As it can be inferred from the Weekly-timeframe graph, the price has broken out of the descending trendline that is plotted on the chart that lines up with the previous Lower Low region. From here, we are expecting for the price to continue moving in the upward destination and, potentially, reaching the upcoming resistance level indicated on the graphic.
USDCHF Completed Double/Triple Top Formation. For Safe Entry, we will take the trade at the break of Neckline. Keeping stopLoss Above recent HH.
Please, check our technical outlook for USDCHF. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 0.889. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 0.905 level. P.S The term oversold refers to a...
Hey Traders, in today's trading session we are monitoring USDCHF for a buying opportunity around 0.88900 zone, USDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.88900 support and resistance area. Trade safe, Joe.
Hi dear members. Hope you all are enjoying our ideas and analysis. Now we are here to discuss about USDCHF. USDCHF is making rising Wedge Pattern. Here now this is at the top or the main pattern. Here it has maximum Chances we can see a good drop in price. In this drop we can see 100 pips + drop in price. Keep in touch we will update further soon.
Channel up at USDCHF already broken, after failed to break resistance line at 0.89375 To perform bearish, USDCHF must break 0.8895 support level 1 with target at 0.88371 as Support 2 (60pips). If support 1 Able to hold bearish movement, we can wait at 0.89375 resistance line to enter short position with target at support 2 (100pips). Good Luck
Well my view on usd/chf since we bought the pullback for the last 2 months now we can look for the sell opportunity at which the market is testing a very strong zone and it has already gave us a sell signal … why not going short guys?
Hi folks today I'm prepared for you Swiss Franc analytics. A small time ago price declined to the 0.8765 support level, which is located inside the support zone, but soon it rebounded and rose to the next level. After the Swiss Franc reached the 0.8870 level, it at once made a correction to the trend line, thereby breaking the 0.8765 support level, but soon the...
Every SND obstacle is translucent slowly and my analysis of the movement of the USDCHF price in a positive response. For now, I see that there is a saturation of price, indeed the price will still rise but is limited to the movement of more or less as I describe. RSI is in the saturation area, with the possibility of forming a divergent later. We are waiting for...
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 is going up now And the pair broke the Key horizontal level of 0.890 Made a pullback and went up Again so I think that we will See further growth on Monday Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
The overall trend is bullish however there has been a rejection of the box drawn on the chart which is 0.8920 to 0.8950 for the past couple of days. Therefore I'm looking for a downside move to 0.8880 the box drawn below the current price.
Hello traders! ‼️ This is my perspective on USDCHF. Technical analysis: Here we are in a bearish market structure from daily perspective, so I am looking for short. I see price to reject from bearish order block after filling the imbalance. Fundamental analysis: Next week on Wednesday will be released monthly and yearly CPI on USD and on Thursday monthly PPI....