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 0.86000 zone, USDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.86000 support and resistance area. Trade safe, Joe.
Preferred direction: Neutral Comment: For this instrument, we recently closed our growth target with a profit, but this growth potential is most likely not exhausted. Further growth is expected towards resistance 0.87757 . Here is our first and main scenario for the upcoming sale. Scenario №1 on the chart is the most likely, and it should even be said that...
USD/CHF could fall towards an overlap support and potentially bounce off this level to climb higher. Buy entry is at 0.86303 which is an overlap support. Stop loss is at 0.85800 which is a level that sits under an overlap support and the 23.6% Fibonacci retracement level. Take profit is between 0.87150 and 0.87307 which is an overlap resistance that aligns...
In the closing weeks of 2023, this pair experienced a significant sell off, plunging nearly 500 pips and breaking decisively below the September low. Reflecting on my July trade idea post, the market movement matched my expectations, though it did peak slightly higher than anticipated. So, what's next? As I mentioned back in July, following the rise above 0.88,...
Dear FRIEND, I hope you're doing well and that the new year has started on a good note for you. I wish you success in your business endeavors and a happy new year with your loved ones. As someone interested in the Elliott Wave principle, I find it to be a valuable tool for market analysis. I have developed my approach by combining this principle with my personal...
Dear FRIEND, I hope you're doing well and that the new year has started on a good note for you. I wish you success in your business endeavors and a happy new year with your loved ones. As someone interested in the Elliott Wave principle, I find it to be a valuable tool for market analysis. I have developed my approach by combining this principle with my personal...
USDCHF - 24h expiry Levels close to the 38.2% pullback level of 0.8682 found sellers. Rallies should be capped by yesterday's high. Daily signals are mildly bearish. Short term MACD is moving lower. A higher correction is expected. We look to Sell at 0.8685 (stop at 0.8715) Our profit targets will be 0.8610 and 0.8580 Resistance: 0.8650 / 0.8685 /...
👆👆👆 #EURNZD UPDATE Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about EURNZD. EURNZD is exactly Moving according our analysis. Already 300Pips+ gain so far. Here we can see Small retesting. Then it will again follow bullish trend. Keep in touch we will update further soon.
USD/CHF is trading close to an overlap support and could potentially bounce off this level to rise towards our take profit target. Entry: 0.86301 Why we like it: There is an overlap support level Stop Loss: 0.85862 Why we like it: There is an overlap support that aligns close to the 23.6% Fibonacci retracement level Take Profit: 0.87123 Why we like it: There is...
Preferred direction: SELL Comment: The escalation of the situation in the Middle East last week also affected gold prices, but the current prospects for a fall are still relevant for the metal, according to technical analysis. Volumes here also allow for a fall, and there is a resource for the fall in the form of accumulated purchases. In addition to the fact...
Preferred direction: SELL Comment: The previous week passed within the framework of accumulation and the situation with the main instruments basically did not change. Thus, we continue to adhere to selling priority for the Euro . At the moment, two scenarios are active, stop-loss is placed closer to 1.11000 . The nearest target for the fall is the level of ...
`Price finds support after strong volume push `Key level rejected on the daily `Weekly zone rejected
📈 Market Analysis - Buy Opportunity 📉 USDCHF has recently broken the top (lower high) area of the downtrend line in the 4-hour timeframe chart. 📊 Expectations: Anticipate the pair to re-test key support levels as highlighted in the attached chart. 📊 Trading Strategy: This trade is rooted in a blend of technical analysis and candlestick patterns. It's a...
Preferred direction: BUY Comment: The dollar is still being considered for sale. There were low expectations that we would see a strengthening of the US currency before the publication of inflation data in the US. But nevertheless, the buy-priority remains in USD . USDCHF forms a clear accumulation, which is filled with market sales. And this means a...
Preferred direction: SELL Comment: The New Zealand dollar is also expected to fall. Here, the situation is exactly the same as with AUDUSD. An accumulation formed at the level of 0.62359 , filled with purchases (long-orders). The publication of inflation data in the US is expected, against the background of which a downward impulse may happen. Also, due to...
My dear friends, Please, find my technical outlook for USDCHF below: The price is coiling around a solid key level - 0.8609 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 0.8510 Safe Stop Loss - 0.8671 About Used Indicators: The...
Reason: Reaction out of 4H Orderblock Liquidity grab Break of structure Imbalance » Retail sentiment is 90% Long on USDCHF. So we want to be at the opposite side of Retail