USDCHF major buy Price is currently at support level as seen on the chart 4h time frame The risk to reward is very promising with this trade We likely will.keep this trade open for the next 2 days good luck!Longby EleazarahmathUpdated 151538
USDCHF: Classic Bullish ReversalUSDCHF shows several indications of a bullish reversal, as it has been consistently declining within a descending parallel channel. After hitting a support level of 0.0873, the market began to consolidate within a tight horizontal range. During the London session, the price bounced and violated a resistance line of the descending channel and a horizontal resistance level. As a result, we anticipate further upward movement, with a target set at 0.8954.Longby linofx1445
DeGRAM | USDCHF returning to the channelUSDCHF is moving above the descending channel between the trend lines. The chart has reached the upper trend line and 50% retracement level of the bearish momentum. The price is moving near the resistance level, which has already acted as a reversal point several times. We expect a pullback after a retest of the current level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!Shortby DeGRAM3311
USD/CHF Analysis: Potential Major Decline Pending ConfirmationOverview: The USD/CHF currency pair, after breaking its ascending trendline visible on the daily timeframe, is on the verge of a significant decline. The critical condition for this bearish move is the closing of a 4-hour candle below 0.88920. The confirmation of this break requires the candle to be of substantial size and without a long shadow. Trade Setup: • Entry Trigger: Wait for the 4-hour candle to close below 0.88920. • Confirmation: Ensure the candle has a substantial body with minimal or no long shadow. Entry Strategy: • If the 4-hour candle closes below 0.88920, initiate a sell position. • If the specified entry trigger is missed, use the RSI indicator as an alternative signal. Enter the sell trade with the candle that causes the RSI to enter the oversold zone (below 30). Stop Loss: • Initial Stop Loss: Place the stop loss above the shadow of the candle that triggers the entry. • Conservative Stop Loss: For a more conservative approach, place the stop loss above the last swing high. Risk Management: Ensure proper risk management by calculating position size according to your risk tolerance and adhering to stop loss placements. Chart Analysis: • Daily Timeframe: Observed a break of the ascending trendline. • 4-Hour Timeframe: Awaiting a confirming candle close below 0.88920 for entry. Indicators: • RSI: Monitor RSI for entering the oversold zone as an alternative entry signal. Summary: The USD/CHF pair is poised for a significant decline contingent upon a confirmed break below 0.88920 on the 4-hour timeframe. Adhering to the outlined entry and stop loss strategies will enhance the probability of a successful trade. Shortby pouoyannn227
USDCHF – Is a new downtrend underway? (double top in place)When all this happens on a daily chart, I am always interested. My chart is self-explanatory but I will just add that I am looking for a pull-back. That could happen at the round number 0.9000 or perhaps higher up around the 0.50 or 0.618 retracement area of the most recent down move. Initial target can be around 0.8900 or 0.8700. Recently, forex pairs have been rather choppy. Let’s see how this plays out. This is not a trade recommendation. Trading carries a high level of risk, so only trade with money you can afford to lose. Anything can happen in the markets at any time. Please use sound money and risk management in all your trades. If you like my idea, please give a “boost” and follow me to get even more. Please comment and share your thoughts too!! Shortby Trading_VistaUpdated 887
USDCHF FOR BULLISHIm looking bullish for this structure . Yes, remain bullish as long as price not break my invalidation level. Trade with your risk.Longby ewtradersbhUpdated 3314
SNB Unexpectedly Lowers Interest Rate from 1.50% to 1.25%SNB Unexpectedly Lowers Interest Rate from 1.50% to 1.25% Today, it was announced that the Swiss National Bank (SNB) decided to lower the interest rate to 1.25%. According to ForexFactory, the analyst consensus had expected the rate to remain at 1.50%, making this decision a surprise. According to SNB Chairman Thomas Jordan: → Inflation in Switzerland is decreasing; → In recent weeks, the Swiss franc has significantly strengthened due to geopolitical tensions, and the SNB is prepared to be active in the Forex market if necessary. The market's reaction to the SNB's decision and the statements from its chairman resulted in a sharp weakening of the Swiss franc. Specifically, the USD/CHF rate rose by approximately 0.7% in the first few minutes. Today's technical analysis of the USD/CHF chart shows: → From the beginning of 2024 to May 1 (point B), the market was in an uptrend (shown by the blue channel). → From May 1 to today, the USD/CHF price decreased, forming a descending channel (shown in red). → The downward movement since May 1 may be a correction within a larger upward trend that began from the low at point A, reached on December 28. → Today's upward reversal on the unexpected news from the SNB may indicate the end of the B→C correction. If so, the correction was slightly less than the classic 50%. If the hypothesis about the end of the correction is correct, it is possible that the USD/CHF price will return to the blue ascending channel. This scenario could be hindered by resistance lines – the median and upper boundary of the red channel. Additionally, the psychological level of 0.900 is seen as an important resistance. Trade over 50 forex markets 24 hours a day with FXOpen. Take advantage of low commissions, deep liquidity, and spreads from 0.0 pips. Open your FXOpen account now or learn more about trading forex with FXOpen. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen227
USDCHF awaits potential bullish bat patternOn the daily chart, USDCHF has recently fallen from a high level, and there is a need for a correction in the short-term market. At present, you can pay attention to the area around 0.8785 below, which is the potential entry point of the bullish bat pattern D point, and this position is also in the previous demand area. Operational ideas: BUY 0.8785 TP 0.9016 SL 0.8729Longby XTrendSpeed113
USDCHF Trade Plans Post CHF And US DataLowering rates by the SNB has caused CHF weakness this AM. This has been crushed by a lack of volatility in markets. 1. On a tech basis this constitutes light short entries. 2. Sentiment bias longer term is pulling CHF up VS US. Near term US strength momentum persists support light short bias. Any further shorts planned much higher.Shortby WillSebastian223
USDCHF(Updated) - Long position as I expectedPrice reacted to the demand level. PMI will help it to move upside Trade safeLongby LAST-KISS223
USDCHF: A false break of resistance will set up a sell-offUSDCHF breaks trend support and forms a range of 0.900 - 0.888 The market is flat and accordingly an intra-range strategy should be considered There is no potential to break the resistance at the moment, as a small rally to the resistance is forming. and such a fast movement can be stopped and reversed quite easily. A big player is likely to delimit the range at 0.89994 resistance with the aim of taking a large position before moving to one side or the other. Strategy: False breakdown of resistance followed by a fall. Targets: 0.895, 0.888 Shortby Gold-TechUpdated 224
USDCHF - Looking To Sell Pullbacks In The Short TermH4 - Bearish trend pattern Currently it looks like a pullback is happening Until the strong resistance zone holds my short term view remains bearish here.Shortby VladimirRibakov223
USDCHF Chart AnalysisStrong Bearish trend in Daily chart. Wait on level breaks and pull backs for my swing tradersby bmilesbhg221
USDCHF BUY NOW!!!!!!!!!USDCHF took out the buyside liquidity and now ranging above the discount level am going on a buys from this level to the buy side at 0.91571 area for a liquidity sweep or run......... Tell us your views........?Longby CAPTAINFX2222
USDCHF Resistance Breakout At 0.88839. 20.06.2024Post-CHF Interest Rate Announcement Trading Update: USD/CHF Resistance Breakout: Observed on the 1-hour chart at 0.88839. Upside Potential: If breakout holds, potential target at 0.89254. Further breakout above 0.89254 could lead to a target of 0.89781. Downside Risk: Failure of breakout may lead to a decline towards 0.88513. Break below 0.88513 could extend the decline to 0.88257. Apply risk management Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles. Payment transactions are managed by BDS Markets (Registration number: 143350) DisclaimerLongby BDSwiss_Academy110
USDCHF Corrected! DOWN to .8700 Range!!Here I have USD/CHF on the Daily Chart! After USD/CHF finished its Impulse Wave May 1st with a High @ .92242 we see based on the Low or Point A @ .89879 followed by a LOWER HIGH or Point B @ .91587 .. We are given all the Ingredients for a CORRECTION WAVE!! Now based on the break of the NEW LOWER LOW @ .88809, using the Fibonacci Retracement Tool, we see price has made a perfect 61.8% Retracement!!! On the initial Touch of 61.8% I took Sell Entries but we will certainly see this pair FALL!!! Range Target is ( .87748 - .86842 ) Shortby Novi_FibonacciUpdated 4415
Potential bullish rise?USD/CHF is currently reacting on the pivot which has been identified as a pullback support and could rise to the 1st resistance. Pivot: 0.8840 1st Support: 0.8793 1st Resistance: 0.8892 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Longby ICmarkets10
USDCHF: Pullback From Support 🇺🇸🇨🇭 USDCHF formed a tiny double bottom pattern after a test of a wide key intraday horizontal support. I think that the price may pull back from the underlined blue area. Goal - 0.893 ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader1110
USDCHF H4 | Bullish Bounced off Based on the H4 chart analysis, we can see that the price is currently at our buy entry at 0.8886, a multi-swing low support level. Our take profit will be at 0.8937, a pullback resistance. The stop loss will be placed at 0.8851, below the 161.8% Fibo extension High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants. Longby FXCM7
Bullish bounce?USD/CHF is falling towards the pivot and could bounce to the pullback resistance. Pivot: 0.8883 1st Support: 0.8840 1st Resistance: 0.8983 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party. Longby ICmarkets6
USDCHF LONGTight sl buys up to top of zone at least. 4hr and 2hr candle closures very weak for bulls.Longby BigPipster4
USDCHF is making a new wave - Long position will be recommendedit's a clear 5-wave. wave 4 seems to be over and a new wave will start. it has a demand zone. Buyers are coming soon. Trade safeLongby LAST-KISS5
SELL USDCHF for downtrend continuation STOP LOSS : 0.90016SELL USDCHF for downtrend continuation STOP LOSS : 0.90016 There is a strong trend on the daily time frame and all that have happened in the past days was just consolidation ( or trend pull back before continuation) ..... The daily time frame is showing strength continuation from this level of support and resistance so we are looking for the trend to push forward from here ..... TAKE PROFIT : take profit will be when the trend comes to an end, feel from to send me a direct DM if you have any question about take profit or anything Remember to risk only what you are comfortable with…….trading with the trend, patient and good risk management is the key to success here Shortby BALE_FX5