USDCHF respect the trendline and close above in the 4h timeframe .
USDCHF reached an important confluence zone last week. We see a nice intersection between a daily horizontal support and a lower boundary of a falling parallel channel on a daily. Analyzing 12H time frame, we can spot an inverted head and shoulders formation. The neckline of the pattern was broken with a high momentum bullish candle on Friday. It confirms...
TIMING: ASIA LEVELS: Round numbers (0.8800) SETUP: B&R ENTRY: REJECTION
Hey Traders, Check out this technical analysis on USDCHF. USDCHF is currently trading with bearish momentum, so anticipate a retest of the broken support level and consider entering SELL positions. Keep a close eye on this; it could play out in either direction.
Hello,Traders! USD-CHF went up and broke The key horizontal level of 0.8757 Which is now a support level And after the pullback And retest we will be expecting A further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
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...
My dear followers, This is my opinion on the USDCHF next move: The asset is approaching an important pivot point 0.8759 Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 0.8747 About Used Indicators: For more efficient signals,...
Hi guys, this is my overview for USDCHF, feel free to check it and write your feedback in comments👊 Some time ago price started to trades in a falling channel, where it a few time traded near $0.8820 level and then broke it. After this, price declined to $0.8720 support level, which coincided with support zone, and then bounced up, exiting from channel. Then...
✅USD_CHF broke the key Horizontal level of 0.875 And the breakout is confirmed So we are bullish biased now And I think that we will see A further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hey Traders, in today's trading session we are monitoring USDCHF for a buying opportunity around 0.87900 zone, USDCHF was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.87900 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.07900 zone, EURUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.07900 support and resistance area. Trade safe, Joe.
USDCHF bounce from weekly demand zone and create a potential 4H imbalance, a possible short term Buy into the supply zone 0.88749 - 0.88204
USDCHF is trading close to a pullback resistance and could potentially reverse off this level to drop lower toward our take-profit target. Entry: 0.87717 Why we like it: There is a pullback resistance level Stop Loss: 0.88872 Why we like it: This is an overlap resistance level. Take Profit: 0.85600 Why we like it: There is the multi-swing low support...
The USDCHF pair has been trading within a Channel Down pattern since the August 11 2022 Low. Such a long-term pattern is difficult to break but according to the 1D MACD and RSI indicators, the pair may be experiencing a pattern change. As you can see, the 1D MACD is about to form a Bullish Cross, the lowest since July 27, which was soon after the last Lower Low...
Price could reverse off our sell entry level at 0.87689 which is a multi-swing-high resistance and fall towards our take profit level at 0.86714, a multi-swing-low support level. Our stop loss is at 0.8080, a pullback resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors....
Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 0.8763, which is an overlap resistance that aligns with the 23.6% Fibo retracement. Our take profit will be at 0.8681, an overlap support level. The stop loss will be placed at0.8802, which is an overlap resistance level." High Risk Investment Warning Trading...
Hey Traders, in today's trading session we are monitoring USDCHF for a selling opportunity around 0.87600 zone, USDCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.87600 support and resistance area. Trade safe, Joe.
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the USDCHF pair price action which suggests a high likelihood of a coming move down. ❤️ Please, support our work with like & comment! ❤️