Hello,Friends! USD/CHF pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.865 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
Here is our detailed technical review for USDCHF. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 0.863. The above observations make me that the market will inevitably achieve 0.856 level. P.S The term oversold refers to a condition where an asset...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 0.8821, which is a pullback resistance. Our take profit will be at 0.8733, an overlap support level. The stop loss will be placed at 0.8897, above a swing-high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk...
Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 0.8858, which is an overlap resistance. Our take profit will be at 0.8820, a pullback support level. The stop loss will be placed at 0.8889, above a swing high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk...
CADCHF price actions shows 1H Bearish divergence with price rejection at daily trend resistance. Bearish Bias based on: (1) Daily Trend Resistance (2) Bearish 1H Divegence (3) Dow Break of LL **Trade Plan ** SL: Previous LH TP: 1:1 risk to reward Entry: CMP
After an impulsive bullish movement, USDCHF stopped, approaching a key daily horizontal resistance. The price formed a double top formation on that on a 4H time frame and violated its neckline during the NY session yesterday. Looks like the pair became too overbought. I expect a retracement to 0.8823 ❤️Please, support my work with like, thank you!❤️
USD/CHF could fall towards a pullback support and potentially bounce off this level to climb higher. Buy entry is at 0.88070 which is a pullback support that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 0.87000 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level. Take profit is at 0.89532...
Greetings, traders! In today's trading session, we are closely monitoring USDCHF for a potential buying opportunity around the 0.88020 zone. USDCHF has been exhibiting an uptrend and is currently undergoing a correction phase, approaching the trend at the 0.88020 support and resistance area. Recent Core CPI data from the United States has shown a notable...
✅USD_CHF has been growing recently And the pair seems locally overbought So as the pair is approaching a horizontal resistance of 0.8909 Price decline is to be expected SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Good morning and i hope you are well. USD/CHF bull case: Bulls want the breakout of the triangle and bear channel here to test the 2023-11 and afterwards the 2023-10 high. The rally looks good enough that they can get it. Measured move target is right in between those 2 targets. If they can get the breakout, the market cycle changes from bear trend to trading...
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 went up sharply And will soon hit a strong Horizontal resistance Level of 0.8928 from Where I think we will See a local bearish reaction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
In the European session on Tuesday, the USD strengthened against the CHF, surpassing the key resistance level of 0.8800. This upward movement followed the release of a disappointing Swiss Consumer Price Index (CPI) report for January. Despite this bullish momentum, the USD/CHF faces several significant barriers ahead. Firstly, it encounters resistance at the...
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 0.8650, which is a pullback support that aligns with the 50% FIbo retreatment Our take profit will be at 0.8714, a pullback resistance. The stop loss will be placed at 0.8586, below the 78.6% Fibo retracement. High Risk Investment Warning Trading Forex/CFDs on margin...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 0.8778, which is an overlap resistance. Our take profit will be at 0.8729, an overlap support level. he stop loss will be placed at 0.8819, an overlap resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not...
My view for the next week(s) for DXY. FUNDAMENTALS: Following the new trend started in 2024 and displayed in January and February, DXY infact did a new 4h and daily break of structure to the upside, giving a clear shift in sentiment. The fast devaluation of dollar regarding the early cuts is being rejected and in the last FOMC and Powell interview he made very...
My dear subscribers, My technical analysis for USDCHF is below: The price is coiling around a solid key level - 0.8766 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 0.8675 My Stop Loss - 0.8821 About Used Indicators: By the...