The USD/CHF currency pair has exhibited bullish tendencies on the higher time frame. Currently, we are witnessing a significant retracement as price has encountered resistance. In the accompanying video, we explore a potential trading opportunity, contingent upon the development of favorable price action. We identify key support and resistance levels, along with...
USDCHF charts looks good for the next weeks. My plan is clear, i am waiting higher price to start selling. When the price will be traded above 0.92, i will enter short targeting the support zone at 0.89
USDCHF WAIT to SHORT Trade to be initiated only when the inner TL (blue color) is broken to the downside and SL above the Right shoulder. Its a 3 minute video where I have explained. Enjoy watching
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...
I go long the USD vs CHF here from 0.843. I give the trade a high probability of 80% to be a winner, lets see! Once upon a time in an FX universe far, far away... The (supposedly) evil US(D) empire was pushed to the brink of defeat by the CHF rebellion, but "something" suddenly happened... ...life stirred into the USD again and it was sent back to fulfil its...
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...
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...
USDCHF shows a daily bullish bias after clearing significant structural resistance. Watch for exhaustion as it tests the next major resistance zone. My video demonstrates a potential long setup using a Fibonacci retracement. This analysis is for educational purposes and should not be taken as direct trading advice.
The price traded near the order block zone. Wait until the price is retested in the zone and close below. Initiate Short Postions after finding a bearish price action structure in the zone.
USD-CHF is making a bullish Rebound towards the horizontal Resistance level of 0.88789 And after the retest I believe We will see a bearish correction !
Price is over-extended, Im short at the range down to this previous low as per the markups on the chart.
it is going to complete a flag pattern after a clear upside move. so as the previous upside move, we can think that the next move could be upside after the valid breakout of this flag. I am not telling you guys to execute the market right now....wait for a valid breakout wait for better confirmation...then define your risk and then take the position. note:- let's...
USD-CHF was trading along The rising support line But now we are seeing A bearish breakout and The breakout is confirmed So I will be expecting A further move down!
“The franc is once more overvalued,” stated David Alexander Meier, economist at Julius Baer Group and pinnacle fourth-region FX forecaster in keeping with Bloomberg. Mr. David expects the franc to fall approximately 4% from modern tiers with the aid of using the quit of the yr while the Swiss National Bank (SNB) stops assisting the foreign money. This is extra...
The dollar traded subdued in early European trading on Monday, with the US holiday keeping trading volume down as traders considered the possibility of an early interest rate cut by the Federal Reserve. At 04:35 ET (09:35 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1% higher at 102.242, at the start of the...
😇 7 Dimension Analysis Time Frame: H4, D1 1️⃣ Swing Structure: Bearish on both time frames 🟢 Structure Behavior: Break of Structure (BoS) 🟢 Swing Move: Corrective, indicating a nearly completed sideways move 🟢 Inducement: Liquidity sweep with a long wick candle 🟢 Decisional OB: Mitigated, resistance at CIP with a strong buildup post-breakout, indicating bearish...
Ellen Zentner, chief U.S. economist at Morgan Stanley, said: "The Fed will cut interest rates this year." But "the Fed can be patient and take its time." Morgan Stanley expects the Fed to cut interest rates for the first time at its June meeting. The Fed will keep interest rates stable for longer than the market expects. But if that happens, there will be...
Pair : USDCHF ( U.S Dollar / Swiss Franc ) Description : Bearish Channel as an Corrective Pattern in Long Time Frame and Rejection from Upper Trend Line. Completed " 1234 " Impulsive Waves. We have Break of Structure and Completed its Retracement