Based on index dollar, we are awaiting for buy opportunity. Please find our DXY forecast below here as a guidance. Good luck and safe trade
Please view the chart for information on mark up.
USDCHF create hidden bearish divergence with falling wages!
If it breaks through, you should know what to do! :) Please refer to the chart for more information.
UCHF is not on my Hotlist, but it is on my Watchlist for the week ahead. I am bearish, and any pullback with bearish PA following it will get me involved in shorting this pair.
Note: Idea is to complement your research. Follow this with previous USDCHF-Daily Idea Check comments section for future updates on idea. Like this idea? Like, Share, Follow, (...) Thank you and Happy Trading.
In my last publication on this pair, I projected that the Bearish run that began in November 2020 has found a bottom and a reversal is at the corner (see link below for reference purposes), but unfortunately, it didn't go as expected as it took price exactly 30days to complete an Inverse H and S pattern (Reversal Pattern) with clues of how to hop in the rally. As...
This is USDCHF 4H timeframe analysis, i'm seeing that the market is gonna come up for retracement which is buy first then SELL.
We expect the pair to complete the Elliot wave double zigzag correction @ 0.93000 before we see an opportunity to sell
USDCHF shows an opportunity for buy. A breakout of the neckline and a bullish candlestick confirmation is expected at this region. Ideal stop loss is price region below the right hand shoulder. Target is as shown on the chart
USDCHF-Technical analysis USDCHF got some minor rejection around 0.91000 key psychological level and bounced towards 0.91500 which is a .50 Fibonacci retracement level and at this supply zone the price was consolidated and then felled towards 0.91150 price action level which is acting as decent support coordinates with .382 Fibonacci level. The price will bounce...
#Outlook 21 to 25 September Dear Traders Today We Have an Analysis Of USDCHF D1. This Analysis Based On Price Action Theory. According to The Analysis, We Can See That After The Long Sell Moment Market Running In Sideways ↔️ Trend Resistance @0.92016 & We Have Tow Supports Level 1st is miner Support @0.90512 & 2nd is Good Support @0.89977. If Market Break...
Buying at approx. 0.90700 price level. // Follow me for more upcoming ideas.
A Break above 0.91400 region will be agood place to buy with the stop loss around 0.90237 Our target is the 0.93500 region
Currently, USD/CHF is trading at 0.9622. The pair is consolidating in the resistance and support wedges. If it breaks the resistance level at 0.9730, the pair may start a new up trend and its target price will be at 0.9791. If it breaks the support level at 0.9613, the pair may enter into a down trend and its target price will be at 0.9553. Do follow us for...
We saw today false breakout on USD/CHF, so we expect further continuation upwards. Next Target is the top of Ascending triangle, the area around 0.97150
Note: Idea is to complement your research. Check comments section for future updates on idea. Like this idea? Like, Share, Follow (...) Thank you and Happy trading.