Chart for USDCHF is showing a bullish trend. It might be a good time to jump on the band vagon.
USDCHF is trading in bullish trend as it is printing higher highs higher lows and confirmed by the formation of Bullish Engulfing Candlestick.
Here I have USD/CHF on the Daily Chart! I am waiting for price to Retrace to the .87577 - .87379 area for a potential Buy Entry!! If price finds support here, I will be looking to place a SL @ .86786 with a TP @ the .91913 - .93426 range!
In the daily time frame, it is reaching its final target, a weak upward trend with corrections Enter the buy deal in returns
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...
the chf group has been generally weak and has slihtly rested or ranged with little pullbacks and has recently broken some sessions looking more likely to continue North
USDCHF are currently trending in bullish pattern making higher highs and higher lows. Possible trade opportunity given.
please make sure of them and do not risk, this is our analysis and ideas. Please observe the capital carefully and do not risk more than 1% of your capital Good luck to everyone
Price has over bought and its now time to sell this is the best possible price you can get
Intraday bias in USD/CHF remains on the upside at this point. Current rally from 0.8332 should target 100% projection projection of 0.8550 to 0.8884 from 0.8728 at 0.9062. Firm break there will target 0.9243 key medium term resistance next. On the downside, below 0.8963 minor support will turn intraday bias neutral and bring consolidations first. But outlook...
Hey Traders, in today's trading session we are monitoring USDCHF for a buying opportunity around 0.90100 zone, USDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.90100 support and resistance area. Trade safe, Joe.
USDCHF is rising toward an overlap resistance and could potentially fall to a support level. Alternatively, if the price breaks above the pivot, it could continue to rise to the next resistance level Pivot: 0.9098 Support: 0.8903 Resistance: 0.9221 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade...
USD/CHF extends the advance from the start of the week to keep the Relative Strength Index (RSI) above 70, and the exchange rate may further retrace the decline from the November high (0.9113) as it appears to be tracking the positive slope in the 50-Day SMA (0.8659). USD/CHF Rate Outlook USD/CHF trades to a fresh yearly high (0.9044) as an upward trend takes...
currently trading in a ascending channel, bounce on the third touch of trendline will see bears in control
In the 4-hour timeframe, USD/CHF is displaying a bullish trend, characterized by an ascending channel and an ABC Elliott wave pattern. An optimal selling opportunity arises as the price touches the resistance trendline of the ascending channel, accompanied by bearish price action. Traders may consider initiating short positions at this juncture, anticipating a...
4hr uptrend, 4hr demand entry into daily supply, 6.6:1 RR.
No brainer, double bottom on main timeframes - W, D, 4H Buy, hold & see what happens next.
Delving into the dynamics of USDCHF with a blend of technical analysis and an eye on the broader economic landscape, I've uncovered compelling evidence pointing towards a SELL opportunity. This analysis is driven by a convergence of technical signals and macroeconomic factors that suggest a potential weakening of the USD against the CHF. Key to this bearish...