USDCHF bearish ideaa bearish idea.Channel that goes downwards, W pattern. Fundamentals checkedShortby Sarka1111
Strifor || USDCHF-29/05/2024Preferred direction: BUY Comment: For the Swiss franc , the focus is on the level of 0.91424, from which buy-deal is expected, and at the same time the medium-term strengthening of the US dollar. The context for a long position has now been formed and one can look for an entry point. The best option would be to go long through a breakout, as shown in the chart. Scenario №1 and Scenario №2 in this case are precisely a long trade through a breakout. The growth target is fixed at the level of 0.92160. Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!Longby Viktor_strifor_analystUpdated 111
USDCHFWith respect to all beloved traders, I have analyzed the Swiss Franc chart and identified the Smart Money structure for you. I have outlined possible reversal areas on this chart for you, and due to the uncertain market trend, I have referred to the 4-hour time frame to determine the main trend. This chart has been crafted in a simple and understandable way for you to grasp its concept. Thank you for your support and here's to greater successes. The color green is designated for the weekly time frame, purple for the daily time frame, and orange for the 4-hour time frame. Smart money concept Liquidity Currency hunter Shortby fereydoon11991
USDCHF: Borderline but still bullish on 1D.USDCHF is borderline bullish on its 1D technical outlook (RSI = 57.216, MACD = 0.002, ADX = 24.748) but still inside the 2024 Channel Up. As long as the 1D MA50 supports, we will stay bullish along with the trend, especially since the 1D MACD formed another Bullish Cross. Despite the presence of the R1 level, the bullish waves of the Channel Up have been clear and dominant. The current one targets the R2 level but we pursue a more modest target (TP = 0.9300). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Longby InvestingScope6
DeGRAM | USDCHF decline on the breakoutUSDCHF is moving under an ascending channel. The price broke through the trend lines and the lower boundary of the channel. The chart dropped under the support level and broke the ascending structure. We expect the decline to continue. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!Shortby DeGRAMUpdated 227
Market Analysis: USD/CHF Targets Upside BreakMarket Analysis: USD/CHF Targets Upside Break USD/CHF is rising and might aim a move toward the 0.9155 resistance. Important Takeaways for USD/CHF Analysis Today USD/CHF is showing positive signs above the 0.9110 resistance zone. There is a connecting bearish trend line forming with resistance at 0.9130 on the hourly chart at FXOpen. USD/CHF Technical Analysis On the hourly chart of USD/CHF at FXOpen, the pair declined heavily below the 0.9140 level before the bulls appeared. The US Dollar tested 0.9085 and recently started a fresh increase against the Swiss Franc. The pair climbed above the 0.9110 resistance zone. There was a break above the 50% Fib retracement level of the downward move from the 0.9153 swing high to the 0.9086 low. The bulls are now facing resistance near the 50-hour simple moving average and 0.9130. There is also a connecting bearish trend line forming with resistance at 0.9130 and the 61.8% Fib retracement level of the downward move from the 0.9153 swing high to the 0.9086 low. The next major resistance is at 0.9140. The main resistance is now near 0.9155. If there is a clear break above the 0.9155 resistance zone and the RSI remains above 50, the pair could start another increase. In the stated case, it could test 0.9200. If there is another decline, the pair might test the 0.9110 support. The first major support on the USD/CHF chart is near the 0.9085 zone. A downside break below 0.9085 might spark bearish moves. The next major support is near the 0.9040 pivot level. Any more losses may possibly open the doors for a move toward the 0.9000 level in the near term. 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 FXOpen117
USDCHFThe USD/CHF price action is showing a bullish move on the 4-hour timeframe after breaking out from a double bottom neckline. The recent impulse move has retracmentto 38%, aligning with the key B point. The price appears to be following an Elliott Wave ABC correction pattern, indicating potential further upside. Longby forex_info0
USDCHF to find support at market?USDCHF - 24h expiry Daily signals are bullish. 20 1day EMA is at 0.9103. Early pessimism is likely to lead to losses although extended attempts lower are expected to fail. We look to buy dips. We look for a temporary move lower. We look to Buy at 0.9103 (stop at 0.9081) Our profit targets will be 0.9158 and 0.9168 Resistance: 0.9130 / 0.9158 / 0.9175 Support: 0.9117 / 0.9100 / 0.9080 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.Longby OANDA5
USDCHF : THE RALLY TAKES A BREAK- The market was trading inside a bullish channel since the beginning of 2024 ; the mid-term trend was then bullish. - With the establishment of a new 7-months high at 0.9225 in early May 2024, the market's bullish trend has been invalidated with a bearish flag consolidation pattern, previously forecasted by a bearish divergence between prices and the MACD indicator. The market has registered multiple impacts above the 23.6% Fibonacci retracement at 0.90135, highlighting the fight between buyers and sellers over that zone. This price action takes place as investors await for more development on the monetary front in the US, waiting for the next batch of inflation measures in the region, that should shape the mid-term market sentiment for the pair. - Bearish flag patterns are usually seen as normal, and even healthy, when occurring after a long market rally. They underline the fact that investors need to catch their breath prior to taking the market to new highs. This, combined with the fact that monetary policies are likely to remain restrictive for the rest of 2024 in the US, makes the continuation of the USD rally the most likely scenario. However, the 0.90135 zone is seen as crucial here, and any break-out below that level could unlock a threatening downside potential for the market. Pierre Veyret, Technical Analyst at ActivTrades The information provided does not constitute investment research. The material has no been prepared in accordance with the legal requirements designed to promote the independence of investment research and such is to be considered to be a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk.Longby ActivTrades4
USDCHF Set To Fall! SELL! My dear subscribers, My technical analysis for USDCHF is below: The price is coiling around a solid key level - 0.9142 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 0.9095 My Stop Loss - 0.9171 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK Shortby AnabelSignalsUpdated 114
ICT Short setup USDCHF Swing trade and scalping👋Hello Traders, Our 🖥️ AI system detected that there is an ICT Short setup in USDCHF for scalping. Please refer to the details Stop loss, FVG(Supply Zone),open for take profit. For more ideas, you are welcome to visit our profile in tradingview. Have a good day! Please give this post a like if you like this kind of simple idea, your feedback will bring our signal to next better level, thanks for support!Shortby ICT_Trader_SB112
USDCHF Buys @ Demand 0.91152Buying at demand on USDCHF. Price retraced in the uptrend. hitting some nice demand. looking for the dollar to strengthen.Longby BarbushCapital0
magnifing and minimizing price action magnifing and minimizing price action... Focus and direct your attention to the first fractal and the second fractal (inside the yellow boxes)... You will notice that the same behavior with the same details of the peaks and bottoms is repeated, but the first fractal was miniature and was enlarged in the second behavior. After the magnifying behavior of the second fractal has been completed, we now have a delicious area for buying, which is a confirmed area and we have the path drawn and how the market will move. The path was taken from the linking wave located between the first fractal and the second fractal.Longby ALMANALALYAFAI0
USDCHFTentative Head and Shoulder pattern on the daily. Triangle pattern with Head and Right Shoulder levels. Consider all possible move the price can take, and trade the setup with the highest probability. My bias at this time still bullish. Will use lower timeframes to track momentum, and pick entry and exit points. The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.Longby ForexCollegeUpdated 1
USDCHF fundamental outlook LONG1. Fundamental Economic State: United States: GDP Growth: Slowing with recent figures showing an annualized growth rate of 1.1%. Employment Data: Unemployment rate at 3.4%, indicating a tight labor market. Inflation Rate: Moderating at 4.9%, following aggressive rate hikes by the Federal Reserve. Retail Sales: Robust, supported by strong job growth and wage increases. Trade Balance: Significant trade deficit influenced by high import levels. Consumer Confidence: Improving due to a strong labor market and easing inflation. Switzerland: GDP Growth: Modest, reflecting the stability and high-income status of the economy. Employment Data: Unemployment rate is low at around 2.2%, indicating near full employment. Inflation Rate: Relatively low at 1.75%, which is typical for the Swiss economy. Retail Sales: Steady, driven by high consumer confidence and purchasing power. Trade Balance: Switzerland maintains a trade surplus, bolstered by high-value exports like pharmaceuticals and machinery. Consumer Confidence: High, reflecting economic stability and robust labor market conditions. 2. Daily Percentage Changes: Over the past month, USD/CHF has shown moderate variability: May 27, 2024: The pair was trading at 0.9135, showing a slight decrease from the previous day. May 10, 2024: The rate was around 0.905, impacted by US inflation data and Fed policy statements. April 29, 2024: The rate hovered around 0.908, reflecting mixed economic data from both countries. 3. News Analysis: Recent events impacting USD/CHF include: Fed Interest Rate Decisions: The Fed's expected pause in rate hikes has moderated upward pressure on the USD. Swiss National Bank (SNB) Policy: The SNB’s cautious approach to rate hikes supports the CHF. Geopolitical Tensions: Global uncertainties have influenced risk sentiment, affecting both currencies. 4. Interest Rate Expectations: Federal Reserve: Expected to pause further rate hikes after a series of increases. Swiss National Bank: Likely to maintain a cautious stance on rate hikes given the low inflation environment. 5. Commodity Prices and Market Sentiment: Market Sentiment: Risk sentiment has been fluctuating, with periods of risk aversion generally supporting the CHF as a safe-haven currency. Commodity Prices: Not a major direct influence on USD/CHF, but broader economic impacts from commodity prices can affect market sentiment. 6. Projection Figures: Based on current fundamentals and market conditions, the short-term target for USD/CHF is 0.9200, considering support from the Fed’s likely pause in rate hikes. Long-term projections are more uncertain, but a modest target could be around 0.9300, assuming continued economic resilience in the US and stable conditions in Switzerland. 7. Trade Ideas: Short-Term: Go LONG on USD/CHF to a target of 0.9200, supported by potential stabilization in US economic data and the Fed’s rate policy. Long-Term: Maintain a LONG position with a target of 0.9300, contingent on sustained economic growth in the US and a stable policy environment from the SNB.Longby Georgetass2220
USD/CHF SELLERS WILL DOMINATE THE MARKET|SHORT Hello,Friends! USD-CHF uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 0.899 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the USD/CHF pair. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 111
Potential bearish drop?USD/CHF has reacted off the pivot which acts as a pullback resistance and could drop to the 1st support. Pivot: 0.9151 1st Support: 0.9094 1st Resistance: 0.9213 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.Shortby ICmarkets6
USDCHF**USDCHF:** The forecast is for the price to rise to the key level of 0.92042 and reverse the trend towards the bottom of the channel to go through it until the lost pivot at 0.89375.Longby simaoxceps0
USD/CHF continue with the Uptrend ☝️On USD/CHF, it's nice to see a strong buying reaction at the price of 0.91160 . There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again. Strong uptrend and high volume cluster are the main reasons for my decision to go long on this trade. Happy trading Daleby Trader_Dale2
USDCHFA long trade on USD/CHF can be supported by both technical and fundamental factors. Ensure continuous monitoring of the trade, adjusting stop-loss and take-profit levels as needed based on market movements. Keep an eye on economic calendars and news updates that might impact the pair to make informed decisions.Longby TFXBR0
USDCHF : Bullish Breakout and Growing VolumeUSDCHF : Bullish Breakout and Growing Volume The USDCHF currency pair recently broke out of a triangle pattern, signaling potential bullish momentum. The price action broke above the upper boundary of the triangle pattern. This breakout suggests that the pair may continue its upward movement. On the 4-hour chart, we observe a strong bullish candlestick, accompanied by increasing volume. This surge in volume indicates growing buying interest and supports the bullish case. If it manages to sustain above this level, it could lead to further upside. USDCHF may test the top of the pattern again. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️Longby KlejdiCuniUpdated 3314
USDCHF Broke The Channel And The Pattern is BullishHello Traders In This Chart USDCHF HOURLY Forex Forecast By FOREX PLANET today USDCHF analysis 👆 🟢This Chart includes_ (USDCHF market update) 🟢What is The Next Opportunity on USDCHF Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartLongby ForexMasters20006
USDCHF TRADE SETUPMarket price is ranging so Wait for break and retest then take a trade for market biasby JinnatAlamSumon0