Hello,Friends! USD/CHF pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 9H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.878 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
Please, check our technical outlook for USDCHF. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 0.879. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.887 level soon. P.S Please, note that an...
Hello traders! ‼️ This is my perspective on USDCHF. Technical analysis: Here we are in a bullish market structure from 1H timeframe perspective, so I am looking for a long. I wait price to continue the retracement to fill the imbalance and then to reject from bullish order block + institutional big figure 0.88000. Fundamental news: Next week is full of news with...
USDCHF - Classic bearish formation - Our team expects fall SUGGESTED TRADE: Swing Trade Sell USDCHF Entry Level - 0.8836 Sl - 0.8857 Tp - 0.8797 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Guys Am currently looting some money in this Swissie Market. My Heist started at the above Moving average 💰
Price is over-extended, Im short at the range down to this previous low as per the markups on the chart.
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 0.8857, which is a multi-high resistance aligning with a 78.6% FIbo retracement. Our take profit will be at 0.8814, a pullback support level. The stop loss will be placed at 0.8892, a swing-high resistance level. High Risk Investment Warning Trading Forex/CFDs on...
The price didn't breakout top of price chanell i think we will see down to TP1 and if breakout that in 4 hours will go down to TP2
I see a strong bullish confirmation on USDCHF after a test of a key support: The price formed an ascending triangle formation on a 4H time frame and violated its neckline. I think that the price will reach 0.8855 level soon. ❤️Please, support my work with like, thank you!❤️
My dear subscribers, My technical analysis for USDCHF is below: The price is coiling around a solid key level - 0.8806 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 0.8779 About Used Indicators: By the very nature of the...
Hey Traders, in today's trading session we are monitoring USDCHF for a buying opportunity around 0.87800 zone, USDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.87800 support and resistance area. Trade safe, Joe.
Hello traders, I want share with you my opinion about Swiss Franc. Looking at the chart, we can see how the price reached the resistance line of the downward channel, after which CHF rebounded down and declined to the support line of the channel, breaking the 0.8635 level, which coincided with the buyer zone. Then the price turned around and entered the pennant,...
it is going to complete a flag pattern after a clear upside move. so as the previous upside move, we can think that the next move could be upside after the valid breakout of this flag. I am not telling you guys to execute the market right now....wait for a valid breakout wait for better confirmation...then define your risk and then take the position. note:- let's...
Symbol : USDCHF Date : 07 Mar 2024 Main Trend : Up preferred Transaction : Buy ( 0.88210 ) Reasons : mentioned on chart Technical Analysis success at level : 0.91000 Technical Analysis fail at level : 0.87000
Hello traders I have conducted an analysis on USDCHF, as you can see the market has been on a down trend for the past few months and I think it will continue doing so as it showed huge rejection candle on the current zone so now this current zone will act as resistance as price showed before that this zone is valuable as it was acting as support in the past...
FX:USDCHF is forming a correction after breaking the support of the uptrend. The dollar is in an unstable situation and in a phase of decline, which may favor the CHF, in which case the currency pair may decline. Globally - bearish trend. The resistance retest is formed and the price is not ready to renew the maximum yet and breaks the structure of the...
USDCHF has reacted off the overlap resistance and could potentially fall to support. Alternatively, if price breaks above the pivot, it could continue to rise to the next resistance level Pivot: 0.8782 Support: 0.8728 Resistance: 0.8822 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you...
Based on the H4 chart analysis, we can see that the price is falling toward our sell entry at 0.8675, which is an overlap support (breakout) Our take profit will be at 0.8674, a pullback support level. The stop loss will be placed at 0.8857, a swing high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk...