Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
The USDCHF, also known as the “swissie” is the fifth most traded currency in the Forex market. It is considered to a safe haven pair due to its stability and neutral character of Switzerland and is a reserve currency used by markets worldwide.
USDCHF (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react...
USDCHF (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react...
price formed a Doji candle on the previous resistance and now we ride the next impulsive move
Do Not Rush this Wait for price to break the support zone at 0.99456 the retest. Bear Movement can go all the way down to 0.94000, though little hindrance at 0.97798 but that should hold it much for the bear market. Another possible scenario; Price break above the resistance at 1.00765, retest and make Bull movement all the way. Where do you think the...
USDCHF - Intraday - We look to Sell at 1.0049 (stop at 1.0079) Rallies should be capped by yesterday's high. Short term MACD has turned negative. Preferred trade is to sell into rallies. We look for a temporary move higher. A Doji style candle has been posted from the high. Our profit targets will be 0.9974 and 0.9964 Resistance: 1.0000 / 1.0020 /...
The fall of the dollar against the Swiss franc The power is with the sellers.....
USDCHF (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react...
USDCHF CHART ANALYSIS !!! Make sure you do your research and based on your confluence please look for the entry. Trade safe use proper risk management always.
Quick update on the trade idea from earlier was looking for a SELL as price went above 1.01 we got this and have entered the position 💪
The US dollar is being supported by the Federal Reserve's monetary policy decision, which is anticipated to result in a fourth straight 0.75% rate increase. As a result of the market players fleeing to safe haven assets due to the negative market mood, the US dollar index (DXY) has renewed its day's high at 113.12. However, on the daily chart, bearish divergence...
We on approaching a big Monthly SUPPLY/SELL zone between 1.015 - 1.038 right at the start of this zone there is a smaller Weekly SELL zone I will be waiting for my indicator to start giving SELL signals from the 4hr timeframe up if price goes above 1.01 Will target the 0.96 area which is the newly created Weekly BUY zone, will update when the signal occurs.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Pivot: 1.0080 Our Preference: Short Positions below 1.0080 with target at 0.9930 and 0.9790 in extension. Alternate Scenario: Above 1.0080 look for upside with 1.0150 as targets Comment: As long as the resistance zone at 1.0080 is not broken , the risk of the break below 0.9930 remains high. You Can send me a private message if you want
USDCHF - Expires in 13h - We look to Sell at 1.0064 (stop at 1.0096) We are trading at overbought extremes. Posted a Treble Top formation. Bearish divergence can be seen on the daily chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower. Although the bulls...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
USDCHF (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react...