✅USD_CHF is going down to retest a horizontal support of 0.909 Which makes me locally bullish biased And I think that we will see a rebound And a move up from the level Towards the target above at 0.916 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Preferred direction: SELL Comment: For this currency pair, we also note a potential strengthening of the dollar, however, the more global picture here will gain the strength of a seller of the brightest of everything. It should also be immediately noted that at the very publication of data on the US labor market today, the instrument may behave opposite to the...
The majority of people trading this pair are selling and they have been lured into a sell trap prior to NFP. I believe price will continue to tease sellers before the news release only for buyers to take control towards the end of the day with complete reversals.
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 0.8987, which is a pullback support that aligns with a 38.2% Fibo retracement. Our take profit will be at 0.9108, which is a pullback resistance. The stop loss will be placed at 0.8831, which is an overlap support level. High Risk Investment Warning Trading Forex/CFDs on...
Preferred direction: BUY Comment: The franc continues to accumulate at the level of 0.91475, which contributes to the formation of a new springboard for a move higher. The US dollar is also expected to rise here; a particularly strong movement is likely to be expected tomorrow. The purpose of growth will be to update current local maxima. Thank you for like...
Preferred direction: Neutral Comment: Sell-priority is maintained in terms of price. Level 147.816 is in focus. On non-farm, the price can dive deep down and then try to recover. You need to be as careful as possible with this currency pair tomorrow during the release of labor market data. Thank you for like and share your views!
Hi there it's SamRahim here, I am already in a short side for usdchf, Lets see where price can go, #usdchf
USDCHF breaks trend support and below forms another barrier. Consolidation and another retest of the lower line is forming, which may lead to a breakout and price decline to 0.90910 or 0.90225 TA on the high tamframe: 1) A retest of the 0.91202 level is forming after 3 months. There is not much chance that price will break this area on the first try 2) The...
💬Description: The situation is quite complicated in terms of finding an entry point today. Most likely, one should wait for the American session, where everything may become clearer. It is clear that the currency pair is still under selling pressure. All buy-trades (countertrend trades), are made exclusively intraday with a small stop loss. Today, the release of...
Well, you can see important zones and possible scenarios on the chart. Please pay attention to details. In my perspective, at first price can go higher at least to the supply zone ( or even till OB-), and then with LTF confirmation we can sell to the demand zone. 💡Wait for the update! 🗓02/10/2023 🔎 DYOR 💌It is my honor to share your comments with me💌
Price made the original high on September 27th. A few days later, a retest of the high occurred on October 3rd. After today's New York close, price continues to push to the downside. As long as price holds below the labelled neckline at 0.91492, I believe we can expect a bearish outlook.
4h has been in an uptrend, broke structure on the 4h to the upside. Looking for price to pullback into 4h/1h demand and continue long. Could also wait for a 15m shift in structure to "confirm" the idea or add to a position.
Hi folks today I'm prepared for you Swiss Franc analytics. A short time ago price traded near the 0.8955 support level, which coincide with the support zone, but later it fell below this level to the trend line, where at once rebounded and started to grow. Price rose to 0.9210 resistance level, which coincided with the resistance zone, but at once rebounded down...
Hello,Friends! Previous week’s green candle means that for us the USD/CHF pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 0.913. ✅LIKE AND COMMENT MY IDEAS✅
Preferred direction: BUY Comment: The attempt to buy back the pound continues. Before this, there is a potential slight downside expected tomorrow morning. Then again entering the specified range and growing to 1.22369 remains in effect. Thank you for like and share your views!
USDCHF has not done much today but it has formed an interesting double bottom at a support. The price should also continue to be driven to the upside because of the optimism of the market toward the US dollar. Moreover, price has already started making higher highs and higher lows which is a very clear sign of buyers taking control and wanting to push it higher...
Is USDCHF exhausting at highs? As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 0.9160 followed by 0.9094. What you guys think of it
After my perfect long idea (you can check in my personal page), now the price need to do a retracement. The seller don't have a lot of power so i think that retracement can be a daily movement and not more