Preferred direction: SELL Comment: The looking for shorts for the British continues. Previously, our ideas for sell for this currency pair worked out perfectly, you can also find them in the profile. The nearest target of the fall is 1.26989, from where sellers will develop downward movement. There is also a possibility of a false breakdown at the local...
Preferred direction: BUY Comment: This currency pair was looked for a promising short not so long ago, however, the buyer still manifests itself and most likely the growth will continue. Remember that on the market, trader should be flexible! Level 0.87757 is now considered as the first target, which is unlikely to delay the buyer for a long time and the...
Hi Traders👋🏻 The USDCHF Price Reached A Weekly Resistance Level ! Currently, The Price Formed a Head and Shoulders Pattern📉 The Neckline is Broken🔥 So, I Expect a Bearish Move📉 i'm waiting for a retest... ----------- TARGET: 0.85700🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
The price is in the major down channel and forming a ascending channel within the major channel that will help the price to continue further downfall.
USDCHF is within a 4H Point of interest. The 1H timeframe is showing a clear CHoCh, followed by break of structure. The current POI is at 79% fib retracement level.
According to our analysis from last week, it appears that the USDCHF market is still on an upward trend with a limited amount of targets. We have noticed that the market tends to form a new high with a retest of the SR Flip area, indicating the possibility of strong future prices resulting in a new high.
Hello,Friends! The BB upper band is nearby so USD/CHF is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 0.865. ✅LIKE AND COMMENT MY IDEAS✅
Preferred direction: SELL Comment: The beginning of the week assumes the strengthening of the US dollar in all directions, including, of course, the Euro. This currency pair continues to be under the full control of the seller. At the moment, it is necessary to wait for the price to close below the level of 1.09623, which previously showed itself very well....
Preferred direction: SELL Comment: Recent buying ideas should be noted, as the setup formed at the beginning of the new week indicates the likely strength of the seller. The situation is somewhat reminiscent of the current situation for the Canadian, the idea for which was also published today (see ideas below). The formed balance to push right on the support...
Preferred direction: BUY Comment: The formed balance right at the resistance level of 1.33347 indicates a serious mood of buyers who are aiming to break through this level. In the very near future, most likely, market participants will be able to observe an upward impulse due to the sellers accumulated in the balance. Growth prospects locate at the resistance...
Lat week we saw USD/CHF pull back from the 0.8800 area, after its rally stalled around 0.8800, the 50-day EMA and failed to rest the May low. Prices have drifted higher during Monday's Asian session, but seemingly hesitant to break above the 2021 low. The bias remains bearish beneath last week's high and for a move to 0.8600. Who knows, if US CPI comes in soft...
USDCHF / 1D Hello Traders, welcome back to another market breakdown. USDCHF is trading in a down trend, the price is in a pull-back mode. I'll be waiting for the breakout point to be tested first before any shorts. Checkout the chart for what I'll be waiting for. Otherwise, the bears can take it from here. Trade safely, Trader Leo.
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...
It is expected to increase in the opposite direction and continue the main yield trend.
Preferred direction: BUY Comment: Analysis for metal is working out exactly and after the publication of data on the labor market, the instrument headed towards the previously set goals. To continue the upward momentum, buyers must at least close above the level of 1938.915. In general, medium-term goals are in favor of buyers so far, as we said earlier. ...
Preferred direction: SELL Comment: The sell-priority remains on the currency pair, however, a small addition in connection with the upcoming data on the US labor market. In this addition, it is assumed that at the time of the start of the data release, the US dollar will strengthen on all fronts, after which a reversal and a fall in the currency are expected....
Preferred direction: BUY Comment: Market participants are waiting for data on the US labor market, and it is pointless to try to "predict" the price movement. However, there is a very likely scenario, mainly based on their previous ideas for this currency pair. A downward movement towards the level of 1.09000 is expected, where Friday's buyers can show...
Please, check our technical outlook for USDCHF. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 0.874. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.868 level soon. P.S Please, note that an...