USDCHF bounced off 0.96676 where it could potentially rise further to 0.97510. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
At the moment USDCHF is sitting at critical support and is showing potential for price to retrace ( and gain bearish momentum) before making new lows. If price does indeed move bearish, we will be looking at the two levels i have marked as take profit levels. I would advise scaling out part of your position at the first take profit and allowing the rest to ride...
USDCHF has formed a rectangular bottom, with the recent dip a buy zone is available. However a looming death cross on the 4Hr chart may cause further downsides.
USDCHF reversed off its resistance at 0.98128 where it could potentially drop further to 0.97499. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDCHF bounced off 0.98080 where it could potentially rise further to 0.99178. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Overall this pair I believe still has further more downside potential. Now that we’ve rejected some key levels & broken trendline/structure, this makes my bias even stronger for sells on this pair. After such a strong impulse move down. Let’s wait for price to retrace to the 50/61.8 fib level to get a retest of That broken trend-line before considering shorting...
USDCHF approaching support at 0.98080 where it could potentially rise further to 0.99178. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDCHF bounced off 0.98146 where it could potentially rise further to 0.99178. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDCHF Technical Intraday Setup Trading CFDs on margin carries high risk. Please ensure you fully understand the risks.
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USDCHF is expected to drop to 1st support at 0.98500 where it could potentially react off and up to 1st resistance at 0.99264. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDCHF in a bearish scope. If we break our daily low, short to next support. Trading CFDs on margin carries high risk. Please ensure you fully understand the risks.
USDCHF bounced off 0.98500 where it could potentially rise further to 0.99264. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDCHF bounced off 0.99131 where it could potentially rise further to 1.00269. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDCHF rejecting psychological key level 1.000 UC is looking like a good short. I was Looking for price to push lower showing bears are in control. So now we wait for a pull back to around 1.00 and if we can reject off resistance there that will be a fantastic short trade for us. Keeping a close eye on this.
USDCHF reversed off its resistance at 1.00269 where it could potentially drop further to 0.99350. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.