Please, check our technical outlook for USDCHF. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 0.892. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 0.884 level. P.S The...
there is a good chance to long usdchf here. ⚠️ Notice: I will enter one third of my position on 70/30% of the box and the rest of it in the middle (50%) of the box. My TP would be R/R=3 and 5. Please trade with your own money management methodology and be aware that trading has its own risks and rewards. Good luck ❤️
Hey Traders👋🏻 The USDCHF Price Reached A Support Level (0.89410-0.89806) ! Currently, The Price Broke This Key Level (Support Level Becomes New Resistance Level) Moreover, The Price Broke The Support Line 📈 So, I Expect a Bearish Move📉 i'm waiting for a retest... ----------- TARGET: 0.88475🎯 ___________ if you agreed with this IDEA, please leave a LIKE,...
Hello traders, I want share with you my opinion about Swiss Franc. Observing the chart, we can see how the price bounced up from support line and start to move up. When price rising to the seller zone, it broke two levels - 0.8900 and 0.9000, but after the Swiss Franc reached seller zone, it bounced down and started to decline. Also later price broke support line...
Preferred direction: SELL Comment: The Japanese yen has been rising, and trying to catch a V-revers is not the best idea. However, the pair has a good potential for a correction against the background of a well-established pattern of horizontal levels, as well as volume distribution. In addition, the yen will also actively respond to the speeches of the head...
TRADE IDEA: USDCHF aiming to look for buying opportunities in my support zone around 0.89707 level for market retest anticipating for an impulsive move to the upside.
Hello,Friends! It makes sense for us to go short on USD/CHF right now from the resistance line above with the target of 0.897 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band. ✅LIKE AND COMMENT MY IDEAS✅
Structure: Solid power move to the Lower trendline; if the trendline is respected, a bounce back is expected from here. Trade: Long Risk/Reward: 1:1 Disclaimer: DYOR!
USDCHF formed triangle pattern.. long short can be opened after breakout or breakdown
Price has just reacted off our sell entry at 0.8982 which is an overlap resistance that aligns with 38.2% Fibo retracement. Our take profit will be at 0.8906. Stop loss will be at 0.9064 which is a pullback resistance level Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of...
Hello The USDCHF currency pair is in a bearish phase by reaching a PRZ zone. ⭐ Bearish signs in the PRZ region are: - Trend line - Descending channel breaking - Moving MA50 - Weekly pivot -Fibo 50% ⭐ and the downward signals of market momentum are: - Hidden Divergence in MACD - Time divergence in the last 2 waves ➡️Note that you should wait for the break of...
US dollar vs swiss franc the pair has pulled over to the H1 resistance zone and on this level it has shown a rejection with an inverted hammer through which it looks like bulls have losen up some control but also am watching this zone as retailers will be misguided here with a buy trade setup as the pair is moving in a channel formation so its possible that pair...
Hello,Traders! USD-CHF is trading in a Downtrend and the pair Made a nice bullish Correction but will soon Hit a resistance level Of 0.8977 from where I think the move down Will resume Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
For Day 33/100 of our challenge, we will dive into USDCHF downside risks for the week ahead: Technicals: - Overall downtrend - Resistance created on previous support 0.91 - Break of 0.90 key level via bearish impulse - Looking to enter on 0.90 retest / 62% fib - Weekly target at 0.885 - Trade invalid if 0.905 breaks to the upside Fundamentals: 🇺🇸 Rate markets...
FX:USDCHF Well, it's time for USDCHF to go down with the support of super trend and moving average as well as Ichimoku time analysis. If you agree, don't forget to like and follow.
Take a look how USDCHF is testing a broken horizontal key level: The price formed a triangle pattern on 1H time frame, its trend line was broken this morning. I believe that the pair may retrace from the underlined structure. Goals: 0.8925 / 0.89077 ❤️Please, support my work with like, thank you!❤️
Anticipating a potential bearish move, the main target for USDCHF around 0.88677, with the current price at 0.89369. Caution is advised while trading and navigating the market dynamics.
Waiting for a retest of 0.89804 to short USDCHF back to Daily lows at 0.88286 If you agree drop a like and if you have any questions leave a comment :)