Reversed at turncoat area, we have a broken trend line, either way for a retest of the trend line or buy with a large SL around the turncoat area.
Some correction occurs on USD/CHF. The price has pulled back into the reference area at 0.9744-0.9734. Remains bullish as long as the support at 0.9734 remains intact. As intraday trading strategy, you must get bullish signal confirmation within the reference area in order to go long with potential target at 0.9835-0.9884
We have a broken trendline here and currently the price is stuck in a wedge, expecting a break in the wedge to the downside. Sell only after a clear breakout. SL : 0.99536 TP : 0.97007
- Broken trend line on 4hr time frame and daily - In daily we just crossed over the overbought area in RSI - MACD about to cross in daily and it already crossed in 4hrs - Ratio so good I don't know what to do with myself. - DXY also broke a trend line to the downside, so am expecting dollar to weaken
The reason why we feel EURUSD may SINK. * On weekly basis it has just started moving DOWN. * Bullish Engulfing in weekly Chart . * To SINK and come near .9627 levels * Stoch RSI (3,3,14,Close) is Sinking. * RSI (14,CLOSE) is Sinking. * CCI (20,CLOSE) is Sinking. Keeping all the above indicators in view along with the chart pattern we expect it to SINK. Our...
We expect USDCHF to sink on weekly basis. *CCI is sinking *RSI is sinking *STOCHASTICS RSI is sinking We would like to short USDCHF bellow: 0.9906 SL: 0.9921 TGT 01: 0.9870 TGT 02: 0.9854 TGT 03:0.9803. [b ]Caution: The above is our personal view. Neither a recommendation nor a tip nor an advice for trade. Please consult your personal financial advisor before...
There are many reason why we feel it may Rise. * It has formed hammer 2 weeks ago in weekly chart . * To Rise and come near 1.0026 levels * Stoch RSI (3,3,14,Close) clearly states it may Rise. * RSI (14,CLOSE) Is also of the same view. * CCI (20,CLOSE) Is also sinking. Keeping all the above indicators in view along with the chart pattern we expect it to...
USD/CHF ( DAILY ) RECOMMENDATION: SELL SUMMARY: The secondary trend of USD/CHF is bearish on charts and price is trading below the trend line in its daily chart. In daily chart the price is sustaining above 200 day SMA and taking resistance of 50 day SMA indicating downtrend of the pair. It is having an important resistance at the level of 1.0005 and support...
USDCHF Poised to go up. There are many reason why we feel USDCHF may rise. 01. It could not touch quarterly sell level. 02. Hammer & Bullish Engulfing pattern in daily Chart. 03. To rise and clear quarterly targets it has to come down to gain momentum for up move. 04. Stoch RSI (3,3,14,Close) clearly states the USDCHF may rise. 05. RSI(14,CLOSE) Is also of...