After deep pullback and firming a broad channel, USDCHF is on support and has chance to goes high and test the upper line of broad channel. Trade safe.
Dear Traders, Technical Analysis: USDCHF is positioned for a potential downward move this week, though a short-term bounce higher is also possible. The daily technical analysis shows an oscillator reading of 1, signaling the pair is overbought and could see a selloff. However, we may first get a quick spike up to 0.9113 as stops are triggered. Just hold on...
In the first session of the week, the US dollar fell a further 0.18% to $103.23 on expectations that the US Federal Reserve could complete and begin raising interest rates. Onion cuttings will be taken in the first half of next year. At the time, the DXY index was heading for a monthly decline of more than 3%, its biggest decline since November 2022. At the same...
USDCHF is trading in the descending channel. However, the price is decelerating while approaching the support level. The market completed the AB=CD pattern that can lead to a pullback. We expect a bullish move from the support and fibo extension levels. ------------------- Share your opinion in the comments, and support the idea with a like. Thanks for your support!
The dollar fell against a basket of currencies late last week on news of strong U.S. business results in November, while private-sector employment fell on expectations of a slowdown in the coming months. Fourth quarter. Earlier, Michael Brown, market analyst at Trader S&P Global, recorded the US Composite PMI Production Index on Friday. Specifically, the value...
Hello Traders In This Chart USDCHF DAILY Forex Forecast By FOREX PLANET today USDCHF analysis 👆 🟢This Chart includes_ (UDCHF 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...
The USD DXY index rose 0.30% to 103.90 as recent economic data and the Federal Reserve's minutes presented a complex scenario for investors to navigate. The increase came after the number of initial jobless claims was announced at 209,000, lower than expected. Despite this positive sign, investors are also considering a sharp decline in durable goods orders in...
USD/CHF has no strong resistance in the range between 0.8816 and 0.9111. It continues to lose downside moment. Good USD news will keep this pair on track towards to 0.9111.
As anticipation that the Federal Reserve would terminate the monetary tightening cycle increased due to slowing U.S. inflation, the U.S. dollar made a slight recovery in early European trading on Wednesday. The Dollar Index, which measures the value of the US dollar against a basket of six other currencies, increased by 0.1% to 104.057 at 03:05 ET (08:05 GMT),...
Waiting for a retest of 0.89537 to short USDCHF back to key Daily level at 0.87815 If you agree drop a like and if you have any questions leave a comment :)
Hello traders! ‼️ This is my perspective on USDCHF. Technical analysis: As I expected in my previous analysis price delivered bearish move. Now I wait for a retracement price to fill the imbalance higher and then to reject from bearish order block + institutional big figure 0.90000. Like, comment and subscribe to be in touch with my content!
FX:USDCHF lost more than 100 pips in the previous session, due to the downbeat US inflation data. The USD/CHF pair extends the losses, trading near 0.8870 during the European session on Wednesday. A decisive break below the latter could push the USD/CHF pair to reach the support region near 0.8800 psychological level lined up with September’s low at 0.8795. The...
📈 Short-term USD/CHF Buy Signal 📈 Recent USD weakness suggests a potential short-term buy opportunity for USD/CHF. Watch historical levels, set risk parameters, and stay informed for a strategic trade. Good luck! 💼📊💹
The FX:USDCHF plunged sharply on Tuesday, more than 1.40%, with the pair dropping to new two-month lows of 0.8879 after hitting a daily high of 0.9027, sponsored by soft US economic data. At the time of writing, the pair trades at 0.8883, down 0.07% as Wednesday’s Asian session begins. The daily chart portrays the pair with a bearish bias. The USD/CHF drop...
Hello traders! ‼️ This is my perspective on USDCHF. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for a short position. I expect bearish price action from here as price almost filled the imbalance and rejected from that zone. My target is sell side liquidity around 0.89500. Fundamental news: Next...
supply zone: 0.9045-75, stop loss above 0.9072, i.e. 0.9090, target: 0.8940
Supply zone: 0.9045-75, stop loss: 0.9090, target: 0.8940
If we look at usdchf on weekly time frame we see a bearish trend, and at a current weekly state it is a continuity price movement to the downside we should anticipate. On H4 time frame we exhibit price undergoing shift of market structure to the downside around the premium pricing area, so now we would go down to 15m time frame and oversee a confirmed price action...