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Usdchfanalysis

USD/CHF Price Outlook – Trade Setup📊 Technical Structure OANDA:USDCHF USD/CHF remains under downside pressure after a sharp selloff from the recent highs. Price rebounded briefly from the 0.7888–0.7880 support zone but failed to sustain upside momentum, and is now stalling beneath the 0.7925–0.7936 resistance zone. The broader structure still points to a bearish continuation bias. The recent recovery appears corrective in nature, forming a lower high beneath resistance. As long as price remains capped below the resistance zone, the pair is vulnerable to renewed selling pressure toward the lower support area. 🎯 Trade Setup (Bearish Bias) Entry Zone: 0.7925 – 0.7936 Stop Loss: 0.7940 Take Profit 1: 0.7888 Take Profit 2: 0.7880 Risk–Reward Ratio: Approx. 1 : 2.41 📌 Invalidation A sustained break and close above 0.7940 would invalidate the bearish setup and signal a deeper upside recovery. 🌐 Macro Background The short-term macro backdrop remains unfavourable for USD/CHF. The US Dollar continues to weaken amid uncertainty surrounding President Trump’s upcoming announcement of the next Federal Reserve Chairman, raising concerns that future Fed leadership may lean toward a more politically accommodative policy stance. Additionally, the Swiss Franc has found relative support after Swiss National Bank (SNB) Chairman Martin Schlegel warned that negative inflation prints are possible this year, while downplaying the likelihood of a return to negative interest rates. This has reinforced CHF’s defensive appeal in the near term. Although the US Dollar briefly regained ground after the EU–US Greenland dispute was de-escalated and tariff threats were rolled back, broader sentiment toward the Greenback remains fragile, keeping downside risks dominant for USD/CHF. 🔑 Key Technical Levels Resistance Zone: 0.7925 – 0.7936 Support Zone: 0.7888 – 0.7880 Bearish Invalidation: Above 0.7940 📌 Trade Summary USD/CHF is trading beneath a key resistance zone after a corrective rebound from support. As long as price remains capped below 0.7936, the bias favours a sell-on-rallies approach, targeting a renewed move lower toward the 0.7900–0.7888 support region. ⚠️ Disclaimer This analysis is for reference only and does not constitute investment or trading advice. Financial markets involve risk, and traders should manage positions according to their own risk tolerance.
Short
by ATFX_Global
#USDCHF BullishI believe we are bullish on USDCHF. What I believe is going to happen right now is liquidate my Breakout Box to the sell side, or possibly just retest the equilibrium, and go bullish. As of now, we need to wait for more candles to be revealed to confirm where price really wants to move, and for that to happen we need to wait for the London session. We need to pay attention to the 4hour and 1hour timeframe when they are closing and how they are close/ forming. Knowing what the big timeframes are doing and OANDA:USDCHF let it all be in sync with the 15minute timeframe.
Long
by JRockets
1
USDCHF Will Fly towards ResistanceHello Traders In This Chart USDCHF HOURLY Forex Forecast By FOREX PLANET today USDCHF analysis 👆 🟢This Chart includes_ (USDCHF market update) 🟢What is The Next Opportunity on USDCHF Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Chart.
Long
by ForexMasters2000
USDCHF I Technical Analysis and Long Opportunity ExplainedWelcome back! Let me know your thoughts in the comments! ** USDCHF Analysis - Listen to video! We recommend that you keep this on your watch list and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Long
by BKTradingAcademy
Is USD/CHF Preparing for a Momentum Shift Higher?🔥 USDD/CHF – “THE SWISSY” | Swing + DAY Trade Guide (Bullish Plan) 🇺🇸💵🇨🇭💎 📌 Current Context (London Time): USD/CHF is hovering around key zones near 0.790-0.795 — showing volatility influenced by strong CHF demand and mixed USD data. 🧠 TRADE PLAN – THIEF LAYER STRATEGY 🎯 Bias: Bullish reversal play (swing & intraday) Entry Strategy: We’re stacking buy limits in thief layer style (take multiple fills instead of one entry): 🎯 Buy Limit Layers: ⚡ 0.79100 ⚡ 0.79200 ⚡ 0.79400 (You can add more layers based on your risk appetite) 📉 SL (Thief Style): 🚫 Stop Loss @ 0.79000 – designed as your last line of defense 📈 Target Zone (Take Profit): 🚀 Primary Target @ 0.79900 Price squeeze up to this level where resistance from moving averages + overbought pressure likely kicks in. ⚠️ Risk Advisory: 📌 All risk decisions are yours — trade your plan, not my words. Thief OG’s take profits and losses at their own risk. 🔗 PAIRS TO WATCH (Correlation & Confirmation) 📌 EUR/USD – Strong inverse correlation with USD/CHF; when EUR/USD falls, USD/CHF often rises. 📌 USD/JPY – USD strength gauge; strong USD often lifts USD/CHF too. 📌 XAU/USD (Gold) – Safe-haven proxy; gold up can signal CHF strength (USD/CHF down). 📌 EUR/CHF – CHF strength context; strong euro may push CHF pairs differently. 📊 TECHNICAL EDGE 🟦 Key SMA/EMA resistance around our target zone 🟩 Support cluster aligning with buy layers 🟨 RSI/OB levels suggest bounce potential 🧨 FUNDAMENTAL & ECONOMIC FACTORS (London Time) 🟢 Swiss Franc (CHF) Drivers: • SNB continues steady policy stance → CHF stays strong as safe haven. • Lower inflation / strong risk sentiment drives CHF strength. • Any Swiss GDP/ZEW survey or SNB commentary can spike moves. 🔵 US Dollar (USD) Drivers: • Fed policy outlook + US GDP & unemployment data shape USD strength. • USD weakening as Fed easing bets grow puts downward pressure on USD/CHF. 📅 Watch Key Events (London Time): 🕐 US GDP releases 🕐 Fed meeting minutes / speeches 🕐 Swiss ZEW expectations survey 🕐 CPI / inflation prints from USD & CHF regions 💡 Thief Vibe Final Words 🚨 This setup is built for smart layering, patient fills and disciplined exit runs. 📈 Stack entries, defend your risk, and exploit the natural dynamics of USD ↔ CHF flows.
by The-Thief
USDCHF: Wave structure at a trend forkUSDCHF: Wave structure at a trend fork USDCHF Wave Overview (D1 and H4) As a trader who has been practicing wave analysis for over ten years, I note that the USDCHF pair is currently demonstrating the completion of an extended corrective formation and is poised to form a new impulse. Chart D1: The global picture indicates that the market is ending a sideways phase. The wave structure appears to be the end of a corrective sequence, which serves as the foundation for the next trend movement. Chart H4: Local dynamics confirm the formation of key entry points. Here, the first signs of an impulse are visible, which could mark the beginning of a larger wave. Main Scenario After the completion of the corrective phase, a downward impulse sequence is expected to develop. This movement will be accompanied by increased seller activity and a gradual shift in priority to the downside. Alternative Scenario If the price holds above recent highs and forms a stable upward impulse structure, the priority will shift to continued growth. In this case, the correction will be considered incomplete, and the pair may experience a further rebound. Trading Idea Conservative approach: wait for confirmation of a breakout of key levels and enter with the trend. Aggressive approach: use local impulses on H4 for earlier entries, but with tight stops. In both cases, it is important to maintain strict risk management and adjust the plan as new impulses emerge. Results USDCHF is at the transition point between a correction and a new impulse. The wave structure on D1 and H4 provides clear guidelines for trading: watch for confirmation of the scenario and act with discipline.
Long
by Trade_Hive_Signals
USD/CHF Falls to a Three-Month LowUSD/CHF Falls to a Three-Month Low As shown on today’s USD/CHF chart, the US dollar has dropped against the Swiss franc to its lowest level in three months. In December, the pair has declined by around 1.9%. This move reflects not only US dollar weakness—driven by expectations of further Federal Reserve rate cuts in 2026—but also the strength of the franc, whose appeal has been reinforced by recent news: → In December, the Swiss National Bank left its key interest rate unchanged at zero and commented that the reduction in US tariffs on Swiss goods has improved Switzerland’s economic outlook. → Rising geopolitical tensions, including developments near the Venezuelan coast. Technical Analysis of USD/CHF During November and December, price fluctuations formed a descending channel, with central bank decisions acting as the main catalyst for the decline. Today’s setup is notable in that: → the price is trading close to the lower boundary of the channel; → the RSI indicator is showing a bullish divergence. It is worth noting that the 0.7880 level acted as support in October and November. The current dip may therefore turn out to be a bear trap, referred to in Smart Money Concepts terminology as a liquidity grab. From this perspective, USD/CHF could stage a corrective rebound towards the channel’s median, in which case a retest of former support around 0.7925 cannot be ruled out. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
Market Analysis: USD/CHF Slips Further Under PressureMarket Analysis: USD/CHF Slips Further Under Pressure USD/CHF declined further and is now struggling below 0.7900. Important Takeaways for USD/CHF Analysis Today - USD/CHF declined below the 0.7920 and 0.7900 support levels. - There is a key bearish trend line forming with resistance near 0.7905 on the hourly chart. USD/CHF Technical Analysis On the hourly chart of USD/CHF, the pair started a fresh decline from well above 0.7950. The US Dollar dropped below 0.7900 to move into a negative zone against the Swiss Franc. The bears pushed the pair below the 50-hour simple moving average and 0.7880. Finally, the bulls appeared near 0.7860. A low was formed near 0.7861, and the pair is now consolidating losses below the 23.6% Fib retracement level of the downward move from the 0.7987 swing high to the 0.7861 low. On the upside, the pair could face bears near 0.7890. The first major resistance sits near the 50-hour simple moving average at 0.7905. The main barrier for an upside break could be near a bearish trend line at 0.7925 and the 50% Fib retracement. A daily close above 0.7925 could start a fresh increase. In the stated case, the pair could rise toward 0.7955. The next stop for the bulls might be 0.7985. On the downside, immediate support on the USD/CHF chart is 0.7860. The first major breakdown zone could be 0.7840. A close below 0.7840 might send the pair to 0.7800. Any more losses may possibly open the doors for a move toward 0.7760 in the coming days. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
USDCHF: Bullish Push to 0.805?FX:USDCHF is eyeing a bullish breakout on the 4-hour chart , with price forming higher lows along an upward trendline after bouncing from support, converging with a downward trendline touch that could ignite upside momentum if buyers break through amid recent consolidation. This setup suggests a reversal opportunity post-downtrend, targeting higher resistance levels with risk-reward exceeding 1:3.🔥 Entry between 0.7900–0.79155 for a long position. Target at 0.80500 . Set a stop loss at a close below 0.78745 , yielding a risk-reward ratio of more than 1:3 . Monitor for confirmation via a bullish candle close above entry with rising volume, leveraging the pair's momentum near the trendlines.🌟 Fundamentally , USDCHF is trading around 0.796 in mid-December 2025, with recent central bank decisions shaping the pair's direction. For the US Dollar, the FOMC cut rates by 25 bps on December 10 to 3.50%-3.75% in a 9-3 split vote, with hawkish guidance signaling fewer future cuts amid labor resilience and inflation concerns. For the Swiss Franc, the SNB held its policy rate at 0% on December 11 despite low inflation , with forecasts indicating no changes through 2026 and a low bar for negative rates, potentially weakening CHF further. These outcomes could favor USD strength against CHF if Fed's hawkishness persists. 💡 📝 Trade Setup 🎯 Entry (Long): 0.7900 – 0.79155 🎯 Target: • 0.80500 ❌ Stop Loss: • Close below 0.78745 ⚖️ Risk-to-Reward: • > 1:3 💡 Your view? Will USDCHF break above the trendline and run toward 0.8050 — or does resistance hold for another rejection? 👇
Long
by Master_Hunter
1
Bearish Pressure Dominates USD/CHF Structure!USD/CHF “THE SWISSY” 🐻 Bearish Opportunity (Day/Swing) — Correlation + Macro Watch 🚨 🔥 Asset: USD/CHF — “THE SWISSY” ⏱️ Timeframe: Day / Swing Trade Opportunity 📉 Bias: Bearish Plan 🎯 Trade Setup 🔹 Entry: ANY PRICE LEVEL ENTRY — Market or pullback 🔹 Stop Loss: ➡️ Thief SL: 0.79500 ❌ Adjust your SL based on your strategy & risk tolerance. 💡 This is NOT financial advice — YOU manage your risk. 🔹 Target Zone: ➡️ 0.78800 🎯 — strong support / oversold confluence / trap area Take profits according to your plan. 💬 Remember: I do not insist on my SL or TP — trade YOUR risk. Your profits. 📌 Why This Setup Matters (Key Technical Points) 📉 Bearish structure forming 📌 Price near resistance + supply cluster 🌀 Momentum slowing 📌 RSI oversold approaching support ⚡ Liquidity sweep possible before drop 🔗 Related Pairs to Watch (Correlation Focus) USD Strength Index Correlations: 🔹 USD/JPY – if USD weakens → pairs likely follow 🔹 EUR/USD – inverse correlation with USD/CHF 🔹 GBP/CHF – other CHF cross for confirmation 🔹 AUD/CHF – global risk sentiment reflection 📊 If CHF strengthens (risk off), bearish USD/CHF plays accelerate. 🌍 Macro + Economic Factors to Watch 📅 Economic Calendar Triggers 🔹 U.S. Data: • GDP / CPI / PCE / NFP — volatility drivers 🔹 SNB (Swiss National Bank): • Policy stance / rate expectations impact CHF strength 📈 Risk Sentiment: 👉 Safe-haven demand for CHF ↗ in risk-off 👉 USD moves with U.S. yield expectations 📊 Correlations to Monitor: • USD Index (DXY) moves • S&P 500 / equity risk trends • CHF demand in flight-to-quality 📍 Quick Summary for Traders ✔ Bearish outlook ✔ Flexible entry ✔ Manage YOUR stops & targets ✔ Watch correlated pairs ✔ Monitor macro drivers 📣 Engagement Hooks: 👇 Comment Your Entry & Target Levels! ❤️ Like & Follow for more setups 📊 Share with other Traders — Let’s Grow Together!
by The-Thief
Will USD/CHF Sustain Its Bullish Structure with Layered Entries?🎯 USD/CHF "THE SWISSY" - BULLISH SWING SETUP | Multi-Layer Entry Strategy 💰 📊 MARKET OVERVIEW Pair: USD/CHF (The Swissy) Trade Type: Swing Trade - Bullish Bias Strategy: Thief's Multi-Layer Entry Method 🎭 🔥 THE SETUP 💎 ENTRY STRATEGY - LAYER METHOD Using Multiple Buy Limit Orders (Layering Style): Layer 1: 0.79000 🎯 Layer 2: 0.79200 🎯 Layer 3: 0.79400 🎯 📝 Note: You can add MORE layers based on YOUR capital & risk appetite. This averaging-down approach works when trend aligns with your direction! 🛡️ RISK MANAGEMENT Thief's Stop Loss: 0.78600 ⚠️ ⚠️ IMPORTANT: Ladies & Gentlemen (Thief OG's) - This is MY stop loss level. You MUST adjust YOUR stop loss based on: Your own risk tolerance Your account size Your trading strategy Your psychology I'm NOT recommending you copy my SL blindly. Trade at YOUR OWN RISK! 🎲 🎯 PROFIT TARGET Primary Target: 0.81000 🚀 📍 Why This Level? Moving Average acting as STRONG resistance zone Overbought conditions expected Potential bull trap zone - ESCAPE with profits here! ⚠️ DISCLAIMER: Ladies & Gentlemen (Thief OG's) - This is MY take profit level. You can exit earlier/later based on YOUR strategy. Make money, TAKE money at YOUR OWN RISK! 💪 🔗 CORRELATED PAIRS TO WATCH 📈 POSITIVE CORRELATION (Move Together): EUR/CHF - Swiss Franc weakness benefits both GBP/CHF - CHF weakness across the board DXY (US Dollar Index) - USD strength drives USD/CHF up 📉 INVERSE CORRELATION (Move Opposite): EUR/USD - When USD strengthens, EUR/USD typically falls XAU/USD (Gold) - Gold often drops when USD gains CHF/JPY - Inverse CHF movement 🎯 KEY CORRELATION INSIGHTS: DXY above 106.00 = Bullish fuel for USD/CHF 🔥 Swiss National Bank dovish = CHF weakness expected US Treasury Yields rising = USD strength catalyst Risk-ON sentiment = CHF (safe haven) typically weakens 📊 KEY TECHNICAL FACTORS ✅ Bullish Catalysts: Multiple support levels holding USD showing relative strength CHF facing headwinds from SNB policy Layer entry allows better average price ⚠️ Watch Out For: Strong resistance at 0.81000 zone Potential overbought conditions near target Risk-OFF events trigger CHF safe-haven demand SNB surprise interventions 💡 THIEF'S FINAL WORDS "The market is a device for transferring money from the impatient to the patient." This is a SWING trade - not a sprint! 🏃‍♂️ Layer your entries, manage your risk, and let the trade breathe. Remember: ✅ YOUR money = YOUR rules ✅ YOUR risk = YOUR decision ✅ YOUR profit = YOUR timing Trade smart, not hard! See you at 0.81000! 🎯💰 #USDCHF #ForexTrading #SwingTrade #TheSwissy #LayeringStrategy #RiskManagement #TradingView #ForexIdeas #PriceAction #TechnicalAnalysis 📈💪🔥 Drop a 🚀 if you're watching this pair! Drop a 💬 with your TP level!
Long
by The-Thief
The franc strengthens its position: pressure on the dollarAfter recent strengthening, USDCHF has shifted into a declining phase. The chart shows that upward impulses are losing momentum, while the movement is gradually transitioning into a bearish structure. Sellers are beginning to dominate, limiting growth attempts and pushing the price lower. Fundamental factors add pressure to the pair. Dollar weakness is linked to expectations of a dovish Federal Reserve policy and the decline of the DXY index, which is losing ground amid weak U.S. economic data. At the same time, the Swiss franc gains support as a safe-haven asset, especially under conditions of geopolitical uncertainty. An additional signal favoring the downside comes from the technical picture: the breakdown of key levels and the price holding within a bearish channel confirm seller interest. Thus, USDCHF remains under pressure, and the market’s next steps will determine whether the current decline develops into a sustained downtrend.
Short
by Trade_Hive_Signals
USDCHF - MASTERING THE TRADETeam, it’s been about 7–8 months since we started trading USDCHF together. The first few months were a bit tough — I got stuck at some points — but I kept pushing, spent more time learning about risk, and worked hard to master it. I’ve mainly been focusing on fundamentals: Digging into the US economy and the Treasury market Researching macro trends, especially how overseas demand for the USD plays out This week, with the US rate cut on the horizon, I called for us to exit USDCHF two days ago — and that decision paid off. We’ve traded really well over these past months, and I’m proud of how far we’ve come. Here’s the plan moving forward: Current price: 0.7999 → adding a small portion More entries planned at 0.7960 and 0.7920 Targets: 🎯 Target 1: 0.8045–0.8065 🎯 Target 2: 0.8078–0.8096 🎯 Target 3: 0.8115–0.8130 We’ve built this strategy step by step, and now it’s time to execute with confidence. Let’s keep the momentum going — LETS GO! 🚀
Long
by ActiveTraderRoom
A compressed spring on the chart: readiness for a breakoutOn the four-hour chart, USDCHF is forming a “symmetrical triangle” pattern. After a period of consolidation, the price is gradually narrowing its range, indicating energy accumulation ahead of a new impulse. The triangle is a model of uncertainty, but its completion often leads to a strong move. In the current structure, it is evident that buyers are holding the asset above key levels, which increases the probability of an upward breakout. Trading tactics for this formation are usually based on waiting for a breakout of the triangle’s boundaries. A close above the upper line opens the scenario for continued growth, while a break below suggests a decline. However, given the overall bias toward dollar strength, the upward breakout remains the priority scenario. Thus, USDCHF is in a phase of preparation for an impulse, and the upcoming breakout of the triangle will be the key signal for opening positions.
by Trade_Hive_Signals
Stabilization before a new impulse USDCHF shows signs of strengthening after a period of consolidation. The pair is gradually shifting upward, with impulses becoming more confident, indicating buyer dominance. Corrective pullbacks remain limited, while upward segments retain stability. This dynamic suggests that the market is building a foundation for continued upward movement. An additional factor is the demand for the dollar, which supports interest in the asset and increases the likelihood of a new impulsive wave. Thus, USDCHF is in a strengthening phase, where the next steps may define the scale of the bullish trend.
Long
by Trade_Hive_Signals
Swissie Breakout Retest: Are Buyers Preparing a Major Push?USD/CHF BULLISH SETUP | HMA Pullback + TMA Breakout Retest (Swing/Day Trade) 🚀 📈 Asset: USD/CHF - "The Swissie" ⏰ Timeframe: 4H & Daily (Swing) / 1H & 15M (Day Entry) 🔄 Style: Bullish Continuation | Pullback & Breakout Retest ⚡ Strategy: "Thief Method" - Layered Limit Order Entry ✨ Executive Summary A technically sound bullish opportunity is forming on USD/CHF! We are identifying a high-probability pullback to a confluence zone, confirmed by the adaptive Hull Moving Average (HMA) and awaiting a decisive breakout & retest of the Triangular Moving Average (TMA). This plan uses a strategic, risk-managed entry method. 📊 Technical Rationale & Confirmation ✅ Trend Filter: Price above the key Hull Moving Average (HMA) on the 4H chart confirms the primary bullish structure. The current move is treated as a healthy pullback within the uptrend. 🔺 Key Signal: We are watching for a breakout and bullish retest of the Triangular Moving Average (TMA), which often acts as dynamic support in a trend. A successful hold here is our confirmation trigger. 🎯 Precision Entry Zone: The confluence area between 0.8000 - 0.8040 provides a high-value zone for action. ⚔️ Trade Plan: "The Thief" Layered Entry Strategy This plan uses multiple limit orders to "steal" the best average entry price, scaling into the position. 🟢 ENTRY (Layered Limit Orders): Layer 1: 0.8040 Layer 2: 0.8020 Layer 3: 0.8000 🔹 Pro Tip: You can adjust the number of layers and prices based on your capital & risk appetite. ⛔ STOP LOSS (Risk Management): Initial/Thief SL: 0.7970 (Below the entry zone and key structure). 📢 IMPORTANT NOTE, THIEF CREW: I provide a framework, not financial advice. YOU MUST adjust your SL based on your personal risk tolerance and strategy. Protect your capital first! 💰 🎯 TAKE PROFIT Target: Primary Target: 0.8150 (A strong resistance and potential overbought/trap zone). Tactical Exit: Consider partial profits on the way up. "Escape with profits" when momentum wanes. 📢 REMINDER: This is MY target based on my analysis. YOU are responsible for your own exits. Take money at your own risk and comfort level. 🌍 Related Pairs & Key Correlations (Must Watch!) Monitoring correlated pairs increases context and confidence. FX:EURUSD : NEGATIVE Correlation. If USD/CHF is bullish (USD strong), EURUSD is often bearish. Watch for USD strength confirmation here. OANDA:EURCHF : POSITIVE Correlation. Often moves in tandem with USD/CHF. A strong Euro can also support CHF pairs. Confirm trend alignment. FX:GBPUSD : NEGATIVE Correlation. Another major USD pair. Broad USD strength (helping USD/CHF) should pressure GBPUSD lower. OANDA:XAUUSD (Gold): INVERSE Correlation to USD. A falling Gold price ( OANDA:XAUUSD ) typically signals USD strength, which could support this USD/CHF bullish thesis. 🔑 Key Point: For this USD/CHF bullish idea to thrive, we want to see broad USD strength (DXY ⬆️) and/or CHF weakness against other majors. Watch TVC:DXY for the clearest USD direction clue. 📌 Final Notes & Disclaimer This is a STRATEGY GUIDE, not a signal. The "Thief" method smooths your entry but requires discipline. Always use proper risk management (<1-2% per trade). Like 👍 and Follow if you find this detailed breakdown useful! It helps the algorithm and keeps more content coming! Comment below! What's your take on this setup? Are you watching the same correlations? 🚀 Trade Safe, Thief Crew! Let's get those pips! #Forex #USDCHF #Swissie #TradingView #TradingIdea #SwingTrading #DayTrading #TechnicalAnalysis #HMA #TMA #Breakout #ForexStrategy #RiskManagement
by The-Thief
USDCHF I Retracement and Potential Long from SupportWelcome back! Let me know your thoughts in the comments! ** USDCHF Analysis - Listen to video! We recommend that you keep this on your watch list and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Long
by BKTradingAcademy
Market Analysis: USD/CHF Coils for Next MoveMarket Analysis: USD/CHF Coils for Next Move USD/CHF climbed higher above 0.8050 and might correct some gains. Important Takeaways for USD/CHF Analysis Today - USD/CHF climbed higher above 0.8050 and 0.8080 before it faced hurdles. - There was a break below a bullish trend line with support at 0.8085 on the hourly chart. USD/CHF Technical Analysis On the hourly chart of USD/CHF, the pair started a decent increase from 0.7940. The US Dollar climbed above the 0.8000 handle against the Swiss Franc. The bulls were able to pump the pair above the 50-hour simple moving average and 0.8050. Finally, the pair tested 0.8100. A high was formed near 0.8101 and the pair is now consolidating gains. The pair dipped below the 23.6% Fib retracement level of the upward move from the 0.7937 swing low to the 0.8101 high. Besides, there was a break below a bullish trend line at 0.8085. On the downside, immediate support on the USD/CHF chart is near 0.8040. The first key area of interest might be near the 50% Fib retracement at 0.8020. A downside break below 0.8020 might call for a drop to 0.7975. Any more losses may possibly open the doors for a move toward 0.7940. On the upside, the pair could struggle near 0.8080. The first major barrier for bulls is 0.8100. If there is a clear break above 0.8100 and the RSI climbs above 50, the pair could start another increase. In the stated case, it could test 0.8150. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
1