Hi Traders! USDCHF is currently on a pullback and may possibly target October's high at 0.92448 for a price retest. Price Action 📊 The market previously broke its long-term support trendline and is now on a pullback towards the trendline. There was also a recent falling price wedge break above the wedge resistance, which is also bullish. We are now looking for...
after a long while, I believe that this short position would have a good R/r. there is a good chance for franc to see the supply zone and then go for the demand zone
Pair : USDCHF ( U.S Dollar / Swiss French ) Description : Completed " 12345 " Impulsive Wave and Formed " Double Top " as an Corrective Pattern for Trend Reversal and it has Completed " A " Corrective Wave. It is Rejecting from S / R Level and Fibonacci Level 50.00% to complete its " B " Corrective Wave Entry Precaution : Wait until it Complete " b " Corrective...
The US dollar has recently strengthened on signs of US economic strength, even after a long period of interest rate hikes by the Federal Reserve. US consumer spending soared in September, while the US economy grew at its fastest pace in nearly two years in the third quarter. Fed policymakers will meet this week, with the central bank expected to leave interest...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 0.9038, which is an overlap resistance. Our take profit will be at 0.8957 an overlap support level. The stop loss will be placed at 0.9118, an overlap resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not...
Investor flight to safety might provide a favorable outlook for the Swiss franc this week. Swiss franc against the USD and GBP might be the most interesting considering the Fed and the Bank of England (BoE) hold their policy meetings this week, where they are both expected to keep rates exactly where they are. These pauses by the Fed and BoE might contrast 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...
Technically Uchf came back to its R zone, 4 up candles on daily so far. careful with this zone. or the uptrendline later on. Of coz act accordingly as PA unfolds over the week. **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it...
Dear traders, in the 4hour chart of USD/CHF, you can see that price has stalled at the dynamic resistance. So, as long as price doesn't break this dynamic resistance, we can consider selling USD/CHF in this highlighted circular area and then put our targets at the previou low around 0.8890
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.
Trend is bullish there is no divergence, HH just made. There in no reversal seems yet. Placed a Buy Stop Order.
Preferred direction: SELL Comment: The climax at level 150 continues. The Japanese regulator is actively intervening in the market to support its currency. Because of this, trade is weakened. The general trend towards shorts continues, but this, as we said, is a gradual increase in shorts. The candlesticks formed on currency intervention are expected to...
The price of USDCHF show bullish momentum 1) it broke down trend line , indicate reversal in momentum 2) the price broke resistance level and create bullish structure by making higher high and higher low 3) currently, price respect to the trend line. it bounces at the line to make higher high, so the trend is countinue. so here is my trading plan Using buy...
Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 0.8999, which is an overlap resistance that aligns with the 50% Fibo retracement. Our take profit will be at 0.8944, an overlap support level. The stop loss will be placed at 0.9049, which is a pullback resistance level. that aligns with the 78.6% Fibo High Risk...
Preferred direction: Neutral Comment: Buy-priority for metals remains, but is no longer as obvious as before. However, we continue to shop around. In the very near future, the price is expected to roll back towards the level of 1952, from where buyers will most likely attempt to update the maximum, as we noted earlier. Thank you for like and share your views!
Preferred direction: BUY Comment: The franc, which was also in demand as a safe asset amid the worsening geopolitical situation, also cannot withstand pressure from the American currency. At the moment, all metrics indicate a likely continuation of the growth of the currency pair, however, it cannot be ruled out that against the backdrop of another aggravation...
Bullish corrective canal got broken and now sellers are taking over.
The pair is Bullish on the 1 hour. With the breach of our zone and PB of the 1 hour timeframe from yesyerday, as is clear that the 1 hour chart has reversed from a bearish perspective to a completely Bullish one. The only trouble here is the on the larget timeframe of the 4 hour and above, the market is still bearish as the Bearish PBs are still in place. It would...