USDCHF could approach a key support level and could potentially reverse from here. We could see price bounce up to our take profit target. Entry: 0.90352 Why we like it: There is an overlap support just above the 38.2% Fibonacci retracement level Stop Loss: 0.89829 Why we like it: There is an overlap support that aligns with the 50.0% Fibonacci retracement...
This is my setup for USD CHF. Trade carefully! Remember: Take some profits if the trade is going as planned and manage your trade.
My dear friends , USD/CHF looks like it will make a good move, and here are the details: The instrument tests an important psychological level 0.90787 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Goal - 0.91200 Recommended Stop Loss -...
Take a look at our analysis for USDCHF. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 0.909. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 0.913 level. P.S Overbought describes a period of time where...
Hey Traders, in today's trading session we are monitoring USDCHF for a buying opportunity around 0.90100 zone, USDCHF is trading in an uptrend and currently seems to be in a correction phase in which it is approaching the major trend at 0.90100 support and resistance zone. Trade safe, Joe.
USDCHF - 24h expiry Broken out of the channel formation to the downside. A break of the recent low at 0.9035 should result in a further move lower. The bearish engulfing candle on the 4 hour chart is negative for sentiment. We look for losses to be extended today. The primary trend remains bearish. We look to Sell a break of 0.9033 (stop at 0.9058) Our...
Today, we will examine USDCHF from a multi-timeframe perspective. Firstly, looking at the WEEKLY-timeframe chart on the left-hand side of the screen, it can be observed that the price has nicely rejected the key region of resistance aligning with the 50% Fibonacci retracement level identified from the massive Weekly TF impulses. Narrowing into lower-timeframe...
trend is our frnd so he is in down trend so short to make scalping profit
USDCHF - Classic bullish formation - Our team expects retracement SUGGESTED TRADE: Swing Trade Buy USDCHF Entry - 0.90609 Stop - 0.90139 Take - 0.91313 Our Risk - 1% ❤️ Please, support our work with like & comment! ❤️
Hello,Friends! USD-CHF uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 0.880 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the USD/CHF pair. ✅LIKE AND COMMENT MY IDEAS✅
USDCHF could rise towards a key overlap resistance and potentially reverse from this level. Price could hit our sell entry at 0.91431 and potentially move lower from here. Our stop loss will be at 0.91926 which is an overlap resistance. The take profit level will be at 0.90703 which is an overlap support. Any opinions, news, research, analyses, prices, other...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
USDCHF - 24h expiry Our short term bias remains positive. Trading within a Bullish Channel formation. Trend line support is located at 0.9051. Previous resistance at 0.9060 now becomes support. 50 4hour EMA is at 0.9060. We look to Buy at 0.9063 (stop at 0.9033) Our profit targets will be 0.9138 and 0.9148 Resistance: 0.9116 / 0.9148 / 0.9160 Support:...
USDCHF Long into the weekly fair value gap .98-.99
Hello,Traders! USD-CHF is trading in a Rising channel and the Pair made a nice rebound From the support line So we are bullish biased And a further move up Is to be expected Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Fundamental Backdrop CPI m/m expected to increase 0.3% on Monday Technical Confluences Current resistance level at 0.90856 Next resistance at 0.92158 Near-term support level at 0.89876 Idea If the CPI increases at 0.3% as expected or more, we could see the price break the current resistance at 0.90856, before heading towards the next resistance...
USD/CHF has had a nice bullish short term ride and I believe it will, in general, continue until it reaches a firm resistance zone of $1.02ish, first established in November, 2014. This zone has been tested several times, so its a good selling area. Overall support is roughly at $0.87ish and has been holding and tested since May, 2014. The really is an...
USDCHF is in an upward price channel. Within the up-trend, the price updates the maximum to 0.91475 and forms a technical pullback to the support of the uptrend. Important news are published today . What to expect from the price? The currency pair is approaching the support at 0.90291 and the lower boundary of the uptrend. From the point of view of technical...