Preferred direction: Neutral Comment: The move on the metal was the same as we considered in the previous trading idea. Now a more likely scenario is a pullback down, judging by the same divergence. A rollback to the level of 1912 is expected, from where the growth could potentially continue up to 1938.915. Thank you for like and share your views!
Preferred direction: Neutral Comment: For the Euro, everything remains the same. Yesterday the price could not reach the level of 1.07882 a little, which may happen today. At the same time, there is some potential for a reversal upwards, but several conditions must still be formed for this. Thank you for like and share your views!
Preferred direction: BUY Comment: The currency pair is still bullish. This priority is relevant as long as the price is above the level of 0.87757. Such a long-term accumulation at the level does not benefit buyers, however, given the general behavior of the price in relation to the franc, we can say that this is a normal situation for this instrument. Thank...
USDCHF is falling towards an overlap support and could potentially reverse from here to bounce higher towards our take profit target. Entry: 0.87588 Why we like it: There is an overlap support Stop Loss: 0.87102 Why we like it: There is a pullback support Take Profit: 0.88275 Why we like it: There is a pullback resistance Please be advised that the information...
CADCHF is in a strong bearish trend, as the D1 chart tells us. Price is forming a retest of strong support, which prepares the market for further decline TA on the high timeframe: 1) Support at 0.64863 plays an important role for us 2) The liquidity area is under intense attack from buyers. A break of 0.64888 - 0.6475 area will form a strong downside momentum...
Hello,Traders! USD-CHF has almost reached The supply cluster of the Falling and horizontal levels So a move down is to be Expected towards the Target of 0.8728 Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
FX:USDCHF continues to strengthen within the ascending triangle. The price is retesting the trend resistance. What can happen? As we can see on the chart on the bottom left, the currency pair is forming a consolidation relative to a strong resistance area. The mentioned accumulation, when moving to the phase of implementation is able to change the direction...
Hi guys, this is my overview for USDCHF, feel free to check it and write your feedback in comments👊 After price started to trade in rising channel, it rose to $0.9015 point and then started to decline. Price reached resistance line of wedge and then made strong downward impulse to $0.8585 support level, thereby breaking two levels - $0.8955 and $0.8765 Then...
Preferred direction: Neutral Comment: A significant part of the profit on gold is fixed, in the previous trading idea we talked about buying it. At the moment, the deal is in breakeven, and as it was said, a significant part of it was fixed. There is still a possibility of a move to the resistance of 1920, from where the metal will most likely bounce slightly...
Preferred direction: BUY Comment: The buy scenario remains relevant. Additional pressure on the Canadian dollar has a downward trend in oil. Several important economic data are expected to be released today, both for Canada and the US. Undoubtedly, their results will affect the course. However, from the point of view of technical and volume analysis, most...
Preferred direction: BUY Comment: Trades in metals also need to be adjusted. There is also an activation of purchases here and, most likely, the instrument will soon be able to overcome the current resistance and recover to the resistance of 1912. Thank you for like and share your views!
As we are in choppy and consolidation market, expecting a move to arrive for the downside and target 0.8660. we are in a deep long term bearish trend which I expect to resume once we get out of consolidation phase. Expecting Price to Retest its resistance level around 0.8830 level once more before declining.
My dear friends , USD/CHF looks like it will make a good move, and here are the details: The market is trading on 0.87972 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 0.87828 About Used Indicators: On the subsequent day, trading above the pivot point is thought to...
Hello,Friends! USD/CHF pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 5H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.875 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
Price is starting to react to the 23.6% fibo retracement level, which we can find an opportunity to buy back up to the retest of the ascending trendline that has been broken. Our stop loss is at 0.8683, which is placed beyond the 50% fibo retracement level, which is also an overlap support level. Take profit is at 0.8828, which is an overlap resistance level, and...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. USDCHF has been overall bearish trading inside the falling channel in blue, however it is currently approaching around the upper trendline. Moreover, the zone 0.885 is a strong resistance zone. 🏹 So the highlighted blue circle is a strong area to look for sell setups as...
Preferred direction: SELL Comment: The previous trading idea for this currency pair is in progress and the nearest target is at the level of 144.900. Further, according to our previous plan, we expect an approach towards the level of 143. Thank you for like and share your views!
Preferred direction: SELL Comment: At the beginning of a new trading week, the Euro is trying to recover, but most likely this attempt will not succeed. The price approaches the round level 1.09000, which is the resistance. From this value, the downward movement is expected to continue towards 1.08485, with a further move down. Thank you for like and share...