USD/CHF climbed to fresh weekly highs above 1.1000 as the franc weakened following comments from a top SNB official saying the currency remains "considerably overvalued". Swiss National Bank Vice Chairman Fritz Zurbrügg said on Wednesday that the franc remains considerably overvalued and the SNB is willing to intervene in currency markets if necessary. USD/CHF...
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Hello Traders! Happy New Year! We would like to present, intraday forecast - 6S (USDCHF mirror) on january 2016y, as an additional EWA, confirming 6E (eurusd) intraday forecast, within the correlation method of analysis. Besides, take a look at forming model of B.Wolfe's waves. Methods of price analysis: EWA/EWP, Market Profile, Delta&Cluster, Volume ,...
The detailed addition to the USDCHF currency! Market's target 1.00100. T/P 0.99600, S/L 0.98100
I used this graphic candle pin bar to open my signal, using as a target can rebound on the trend line and how to stop maximum pin
I will try to target a continuation of the downward price action just above a decent support area. But to be safe, we can also target the recent swing low. The bullish trend line has been broken that started late October. The market has just retraced upward after the break of trend line and could still go lower.
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Bearish ABCD pattern appeared on USDCHF 60 min. chart. Short @ 0.9582 Target - 0.94559 Stop - 0.96427 I guess the trade will take a few days to work out.
USDCHF 240 min. chart offers a good opportunity to go short right here in the downward channel. I have two target levels equal to FIBO retracement levels. Good luck !
While we are waiting for the original Bullish cypher to complete after the double bottom, this pattern turned up, so if price retraces during the trend continuation we got a chance to ride it down a little but. Its counter trend so we only have 1 target! RSI is floating in the middle just as the price is in the middle of the two patterns, so lets see whats going...