Preferred direction: BUY Comment: In the coming week, gold is expected to approach the level of 2150 , to which all attention was focused a little earlier, and as a result, it was from this support that we recorded another maximum for the metal. However, despite the expected weakening of the US dollar , the metal will, at best, trade near its highs. We...
USDCHF is overbought on the 1D technical outlook (RSI = 74.650, MACD = 0.007, ADX = 47.655) as it hit the top of the yearly Channel Down. That is exactly on the 0.786 Fibonacci retracement level, where the LH prior was always priced, also after an approximately +8.50% rise. The 1D RSI is making a reversal inside the overbought zone and we are about to form a 1D...
Based on the provided analysis, let's elaborate on the potential trade setup for USD/CHF: 1. **Buying Zone**: USD/CHF is currently within a buying zone at the daily timeframe, suggesting a favorable area for long positions. This zone is identified as being around 0.89800, indicating a level where institutions and significant players are heavily accumulating long...
The analysis for USD/CHF indicates that the currency pair is currently at a major resistance and supply zone, ranging from 0.90117 to 0.89700. This zone has attracted significant attention from big players and institutions, who have been actively entering short orders in bulk. The latest data reveals that there were 29,160 short entries and 11,000 long entries...
Multiple time frames analysis for USDCHF. Price action & important key levels. Bearish outlook & trading recommendations. ❤️Please, support this video with like and comment!❤️
Hello traders, we want to check the USDCHF chart. After moving in an ascending channel, the price has reached the specified resistance level. We expect this level to stop the upward trend of the price and the price will fall to around 0.89200. Good luck.
USDCHF shows a daily bullish bias after clearing significant structural resistance. Watch for exhaustion as it tests the next major resistance zone. My video demonstrates a potential long setup using a Fibonacci retracement. This analysis is for educational purposes and should not be taken as direct trading advice.
Here I have USD/CHF on the Daily Chart! I am waiting for price to Retrace to the .87577 - .87379 area for a potential Buy Entry!! If price finds support here, I will be looking to place a SL @ .86786 with a TP @ the .91913 - .93426 range!
This pair has been on a strong upward trend since the beginning of the year, following a significant drop at the end of December. At that time, I shared my first trading idea for 2024 on TradingView. You can find that idea linked in a related post at the bottom of this discussion. That trading strategy was spot on, hitting our target of 0.88, although I had...
Hey Traders, in today's trading session we are monitoring USDCHF for a buying opportunity around 0.90100 zone, USDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.90100 support and resistance area. Trade safe, Joe.
USDCHF is rising toward an overlap resistance and could potentially fall to a support level. Alternatively, if the price breaks above the pivot, it could continue to rise to the next resistance level Pivot: 0.9098 Support: 0.8903 Resistance: 0.9221 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade...
USDCHF / 1D Hello Traders, welcome back to another market breakdown. USDCHF is trading in a downtrend. However, the price bounced back from a Macro level which sent the price up changing the current trend. Probability suggests we get at least a few more sideways for now down then another leg higher. Check out the chart for what I'll be waiting for after price...
Hello,Friends! USD/CHF is making a bullish rebound on the 6H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 0.887 level. ✅LIKE AND COMMENT MY IDEAS✅
OANDA:USDCHF USD/CHF: Hunting Profits in the Land of Watches and Cheese! Looking for a chance to grab some pips in the forex market? Take a trip to the land of watches and cheese and short USD/CHF at 0.90274 for a potential sweet reversal! Prediction: A break above 0.90274 could trigger a downward spiral for USD/CHF. First target is 0.8950, followed by...
By re-examining the gold chart in the weekly and 1-hour time frame, we see that after the price growth up to $2200, the price faced selling pressure after collecting liquidity above the previous high and was able to fall even to $2162! Pay attention that yesterday I specified 3 important levels for you ($2173, $2168, $2162), which after the price reached the first...
USD/CHF could bounce off a pullback support at 0.88737 which has been identified as a pivot point. Could price potentially bounce off this level to climb higher? Pivot: 0.88737 Support: 0.87424 Resistance: 0.90410 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose....
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...
Hi guys, this is my overview for USDCHF, feel free to check it and write your feedback in comments👊 Some days ago price entered a rising channel, where it declined to support line and then bounced up to $0.8580 level. Then price broke this level and later made retest, after which CHF rose to $0.8880 level, but at once bounced below. Price declined to support...