Analyzing USDCHF, I’ve pinpointed a compelling SHORT opportunity. Technical indicators are showing clear signs of a bearish reversal, with the pair forming a series of lower highs and testing key resistance levels without success. This is complemented by a bearish divergence on the RSI and a downward crossing of the MACD, both signaling a potential decline. The...
In addition to my longer-term swing trade (if not already a position trade) in the form of a USDCHF long with a profit target of +760 pips, seen here I am also entering a "shorter-term" USDCHF long trade here at 0.83600, with a target of 0.87100. Thus a good +340 pips would be possible here. The probability that the weakness of the USDCHF will also come to...
Hello 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...
Apround the 13th March the price of USD/CHF broke through the key 200 EMA on the H1 time frame. Around the 20th March, the price returned to the 200 and this acted as solid support. AT the end of last week, we saw the price return to the 200 and make several attempts to break through. Although these BEARISH breaks were successful they were met with determined...
Delving into USDCHF, I’ve identified a strong SHORT opportunity. The pair has encountered significant resistance, forming a clear bearish reversal pattern that signals a potential downturn. Technical indicators, such as a bearish MACD crossover and an RSI trending towards overbought conditions, further highlight the momentum shift towards sellers. The broader...
The USD/CHF currency pair currently shows signs of entering a consolidation phase, indicating a period of price stability and reduced volatility. Traders observing this consolidation pattern may seek potential trading opportunities as the market prepares for its next directional move. Trade Recommendation: Considering the current market conditions, traders may...
I expect a pullback on USDCHF here. 0.905 is a key resistance area and the pattern we are seeing actually should lead to a 100+ pips drops. I am targeting the support zone at 0.889, were there will be probably a pullback to new highs
Hello 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...
My Bias on Usdchf remains a buy, but I think it’s been over bought for a while and it’s currently having a pull back. So here is a quick reversal trade to make quick bucks. cheers !!
USDCHF - Intraday The bearish engulfing candle on the 4 hour chart is negative for sentiment. 0.8999 has been pivotal. A break of bespoke support at 0.9000, and the move lower is already underway. We look for losses to be extended today. A higher correction is expected. We look to Sell a break of 0.8998 (stop at 0.9030) Our profit targets will be 0.8918...
Dear Traders, I wanted to provide you with an update on the USDCHF currency pair. As you know, the DXY has been extremely bullish since the beginning of February, and this has caused the USDCHF to rally without any major corrections. This has been supported by both fundamental and technical factors. However, we are now seeing some strong bearish behavior on the...
Analyzing USDCHF, I’ve spotted a solid SHORT opportunity. Technical patterns and indicators are aligning for a potential downtrend. The pair has repeatedly failed to breach a critical resistance level, indicating a loss of bullish momentum. Bearish candlestick formations near this resistance, coupled with a bearish divergence in the RSI and a downward cross in the...
The price on USd/CHF hit the WR1 pivot 3 candles ago (H1 time frame) and since thenm we've seen 2 doji candles and the current candle which has 15m to complete looks liek it may well be another doji. Doji candles are NOT reversal candles as some think. They are indecision candles. Its clear that WR1 has seen some sustained BEARISH pressure and there is a battle...
Here is another mirror analysis for USDCHF in form of 1/USDCHF chart . RRRatio of this long position is more than 10 thanks to a pandemic depression among herd of bulls . A long trend in any mirror asset equals to a short position in its related trading tool .
USDCHF SHORT Target 0.8900 Its at 3rd drive of USDCHF in Daily TF
Hello traders! ‼️ This is my perspective on USDCHF. Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long position. I have a point of interest where there are confluence arguments for a long position, this one is if price fills the imbalance lower and rejects from S/R zone + FIBO 0.5 level +...
Upon analyzing USDCHF, I've uncovered a significant SHORT opportunity. The pairing is showing clear signs of a bearish reversal, with technical indicators such as a rejection from key resistance levels and a bearish crossover in moving averages. This technical setup is supported by a strengthening Swiss Franc, historically sought after as a safe-haven currency...
This pair has been on a strong upward trend since the beginning of the year, following a significant drop at the end of December. At that time, I shared my first trading idea for 2024 on TradingView. You can find that idea linked in a related post at the bottom of this discussion. That trading strategy was spot on, hitting our target of 0.88, although I had...