Buying from support levels **This is just my trading thought process and does not constitute as financial advice. **Please trade with proper risk management**
USDCHF D1 - Possible completion of the 5th wave structure, which may lead to the beginning of an upward movement to the levels of 0.88790 - 50% of the impulse at W1. H4 - A 3-wave structure has been formed, which can lead to further upward movement, targets which can be seen at 0.86708. It is also worth considering fixation behind the trend line,...
Hello TradingView community! I'm thrilled to share my Elliott Wave analysis on USDCHF, which is currently indicating a strong buy opportunity. As a dedicated follower of Elliott Wave theory, I've been meticulously analyzing USDCHF and am excited to share my perspective. Through my comprehensive analysis, it's become clear that USDCHF has recently completed a...
USDCHF shows bullish divergence with price action in falling wedge pattern at 4H TF. High probability of price touching the strong support line and bounce back to at least top trend line of wedge. Placed 3 TP's with SL under the trend line and Buy Stop at the support line. What you think? Will it work?
BUY STOP USDCHF Entry point :- 0.86768 Stop lose :- 0.86503 Target 1 :- 0.8703 Target 2 :- 0.8730
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 short from premium zone. I want price to continue the retracement to fill the imbalance higher and then to reject from bearish order block. Like, comment and subscribe to be in touch with my content!
Hello Everyone, hope you all are having a great weekend, quick update on #usdchf. Price have consolidated for couple of week due to low volume in the market. While Chf have been bullish over USD as chf is considered as one of the safe heaven currency index. In this uncertainty time investors have shown more interest toward chf and jpy, therefore tomorrows data...
USDCHF long position : if you want to use this analysis just risk 1 percent nad set Sell stop and take profit.
🏃♂️ USDCHF has been moving in the Descending channel for a long time, but USDCHF started to increase by hitting the 🟡 Price Reversal Zone(PRZ) 🟡and managed to form a Rounding Bottom Pattern . 🔔I expect USDCHF to move at least to the upper line of the descending channel and possibly break the descending channel as well. U.S.Dollar/Swiss Franc ( USDCHF...
There are signs the Swiss Franc (CHF) is weakening across major pairs. Presentlyon the 4 hour charts we have signs of a reversal targewting the unmitigated supply at 0.907. We have two possible entry positions one represented by the liquidity (in blue) and one seated below the liquidity (conservative entry)
The USDCHF is currently rebounding from the lower low area of the ascending channel. A bullish flag has formed on the 4-hour timeframe, signaling potential upward movement. 📊 Expectations: We anticipate the pair to re-test key support levels as highlighted in the attached chart. 📉 Trading Strategy: This trade is based on a combination of technical analysis...
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.
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...
Traders, get ready to ride the bullish momentum as USDCHF charts a course for potential gains! The Elliott Waves are painting a compelling picture, with the initial wave hinting at a bullish surge and the second wave setting the stage for an exciting upward journey. Elliott Wave Analysis is our trusted guide, revealing opportunities in the unfolding waves. The...
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...
USDCHF - Intraday Posted Mixed Daily results for the last 4 days. A Doji style candle has been posted from the base. Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. Price action looks to be forming a bottom. Bespoke support is located at 0.8825. We look to buy dips. We look to Buy at 0.8825 (stop at...
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.