As it is clear from the chart, USDCHF hits a higher high near 0.91 and at Friday we can clearly see a Market Structure Shift from bullish to bearish … the target for the down trend move is 0.888 and there is a 4H FVH above current market price which can make be a good sell setup entry.
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...
Full of pride & ego the lure of sin | USDCHF/EURCHF rise
Hi folks today I'm prepared for you Swiss Franc analytics. Some days ago, the price rebounded from the resistance level and made a strong impulse down to the support area, which coincided with the 0.8925 support level. After this, the price a few time traded near and then declined below the trend line, where it at once rebounded and made a strong upward impulse to...
USDCHF is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is very healthy retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH What you guys think of this idea ?
Preferred direction: BUY Comment: The Canadian is also being viewed towards the US dollar. Here we are currently observing a downward impulse, which has hit the local limit level. On non-farm the situation can change significantly and even with the same force the price will most likely recover again. Thank you for like and share your views!
Preferred direction: BUY Comment: The franc is one of the most promising currency pairs considered for trading on NFP. Here, too, the US dollar has great potential for growth. Before growth, there may also be a movement in the opposite direction in order to eliminate “extra” buyers. Thank you for like and share your views!
Preferred direction: SELL Comment: The previously published trading idea for the Euro remains valid; we are right at the area considered for sale. Tomorrow the long-awaited non-farm is expected, which could serve as a trigger for a fall to the current lows. Thank you for like and share your views!
Today it became known about the level of inflation in Switzerland. Compared to the US, UK, and other countries, Switzerland can boast of a CPI of only 0.1%. The minimal increase in prices is due to an increase in fuel costs due to the rise in oil prices in the second half of the year. Thus, the country’s economy provides more arguments in favor of the protected...
USDCHF Channel: GREEN WK Pivot: GREEN AOB: WR1 CON: SBB BUY Stop: 0.91150 Stop Loss: 0.90693 TP01: 0.91607 DWR present as a buy setup on 2 NOV, with Channel and Pivot are green bouncing off weekly resistance However, trade is not taken/considered SPX500: NEUTRAL DXY: SELL OIL: BUY GOLD: BUY
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USDCHF has reacted off an overlap support and could potentially bounce to rise towards our take-profit target. Entry: 0.90345 Why we like it: There is an overlap support that aligns with the 38.2% Fibonacci retracement level Stop Loss: 0.90014 Why we like it: There is an overlap support that aligns with the 50.0% Fibonacci retracement level Take Profit:...
From the area of the golden zone, the previous wave made an upward correction, which can be said to be moving in a channel that is of course not valid at the moment. Therefore, with the loss limit of the spike candle, you can enter the sell trade.
As traders reinforced their wagers that the Fed would stop hiking interest rates, the USD index and dollar index futures both dropped 0.5% in Asian trading, prolonging losses from the previous day. Chairman Jerome Powell adopted a less hawkish posture than markets had anticipated by admitting that monetary conditions had tightened somewhat in recent months, even...
My dear subscribers, USDCHF looks like it will make a good move, and here are the details: The market is trading on 0.9084 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 0.9035 About Used Indicators: The average true range ATR plays an important role in 'Supertrend' as...
Hey Traders, in today's trading session we are monitoring USDCHF for a buying opportunity around 0.90350 zone, USDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.90350 support and resistance area. Trade safe, Joe.
Borrowing from our previous analysis, we saw how the market went all the way bullish to hit our liquidity target. After doing that, it gave us more bullish setups and trading opportunities, all of which played out. Today, we are on the 1-hour chart again, and we are looking to predict market direction. The market is currently in an uptrend, with 6 PBs to the...
With the previous Bullish swing completed, it is time to look on to the next. The market has given us a new PB, an area to trade from. From the PB, we have made an attempt to refine it to get our zone within 1 hour. With our zone clearly marked out as seen on the chart, we anticipate price dipping into the zone, and from there we will be looking to trade. The...