The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bears are taking over so we will bend to the will of the crowd and sell too. ❤️ Please, support our work with like & comment! ❤️
Hello,Traders! USD-CHF is going up now But a strong horizontal resistance At around 0.8860 is ahead so I think that we will see a A local bearish pullback Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hey Traders, in today's trading session we are monitoring USDCHF for a selling opportunity around 0.89 zone, USDCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.89 support and resistance zone. Trade safe, Joe.
4H Chart: Regarding HTF analysis USDCHF is bearish! However we are in an almost strong correction! We expect a reverse from around 0.89000, but till to get there, considering intraweek tradings, the pair is bullish. We wait for next week s1 to evaluate buying opportunities.
Price is rejecting the 38.2% fibo retracement level, at our sell entry, at 0.8775. We can expect a double top to be formed at our sell entry, which is a multi-swing high resistance. Our take profit is at 0.8698, which is an overlap support and 38.2% fibo retracement level. Stop loss is at 0.8850, which is slightly above the 61.8% fibo retracement level. Please...
As it can be inferred from the WEEKLY-timeframe graph, the price is ranging within the boundaries of the descending channel that has been highlighted on the chart. Observing the ongoing price development, it can be noted that the price is approaching a crucial zone where three key confluences collaborate: upper barrier of the descending parallel channel,...
Hello,Friends! USD/CHF pair is in the uptrend because previous week’s candle is green, while the price is obviously 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 0.866 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
TRADE IDEA: USDCHF looking for buying opportunities after the market broke the prev structure level giving us a nice market retest just above the broken level 0.87216.Will be looking for buyers to push the market to the upside 0.88206
Risk 0.5% TP1 = 1:1 RR Disclaimer: The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given market scenarios. A...
Preferred direction: SELL Comment: The euro, as expected, fell to the support at 1.09623 and, most likely, the selling pressure will not weaken. The closest target to which the price can easily approach is 1.09000. Level 1.08485 is the second target for sellers. As mentioned earlier, most likely the instrument will be under pressure throughout the week, and...
The USDCHF pair made a strong rejection near the top of the Channel Down pattern and hit our 0.88250 sell target as illustrated on our analysis 2 months ago (see chart below): The price is now rising again, after nearly the -0.5 Fibonacci extension for a Lower Low (same as the May 04 Lower Low). The most optimal sell entry is within the 1D MA50 (blue...
USDCHF - 24h expiry Short-term bias has turned positive. Price action has posted a Doji candle and signals a possible reversal of the recent trend. A lower correction is expected. We look to buy dips. 50 4-hour EMA is at 0.8677. We look to Buy at 0.8673 (stop at 0.8637) Our profit targets will be 0.8763 and 0.8773 Resistance: 0.8736 / 0.8750 /...
USDCHF another buy setup is formed. USDCHF is bullish Now. Ise Money Management. Every good setup is most probable trade Not 100%
In this trading analysis, we will assess the USD/CHF currency pair and provide insights into the prevailing uptrend bias. Through the examination of technical and fundamental factors, we aim to demonstrate that the US Dollar (USD) is likely to continue appreciating against the Swiss Franc (CHF) in the near term. Technical Analysis: a) Uptrend Pattern: Upon...
My basis on the usd is bearish and price has come to around the current area and failed, so am waiting for a bullish close on the 4H before I would look for buys, alternatively in order to look for the sells I am looking for Bearish close on the daily candle in order to look for sells
My basis on the usd is bearish and price has come to around the current area and failed, so am waiting for a bullish close on the 4H before I would look for buys, alternatively in order to look for the sells I am looking for Bearish close on the daily candle in order to look for sells
Preferred direction: SELL Comment: After a week of meetings of central banks, the currency pair came close to the level of 142.204. At the moment, a potential false breakout has been forming, and if the price closes below 142.204, we can expect a fall to 140.230, and even to the lower border of the current price range under consideration. Thank you for like...
UsdChf is in a bearish trend for quite some time and recently broke under very important 0.88 zone support. After reaching a low at 0.8550. Here the pair found support and formed a small double bottom which could lead to further gains. In conclusion, in the short term, a rise to test the broken support, now resistance is not out of the question and short-term...