USDCHF May run to 0.92100 early next week, as the week's high. I anticipate a reversal once it reaches that level ahead of US PMI and US GDP. Given that the GDP is expected to decline, any less than forecast figure may push it 0.88700 then later to 0.88100.
Hello traders! ‼️ This is my perspective on USDCHF. Technical analysis: Here we are in a bearish market structure from 1H timeframe perspective, so I look for a short. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish order block. Like, comment and subscribe to be in touch with my content!
Hello,Traders! USD-CHF is trading in a Rising channel and the pair Made a rebound from the Rising support line and Went up so we will be Expecting a further Move up inside the channel Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
USD/CHF It is one of the most important currency pairs in the forex market, which has significant effects on the trading process. This currency pair plays an important role in market analysis and traders' decisions. By following Dr. Rezvani's page, you can benefit from his valuable analysis, guidance and advice on the importance of USD/CHF and Forex market...
Preferred direction: SELL Comment: A medium-term trade on the USDCHF currency pair is relevant, here we are just refreshing this short trading idea. Let us remind you that we continue to accumulate medium-term short and today scenario №2 has already been activated. That is, we previously considered both scenarios simultaneously using a "step by step"...
USDCHF using support and resistance on 1H timeframe
analysis for support and resistance using USDCHF pair
The USD/CHF pair on the M30 timeframe presents a possible shorting opportunity due to a recent breakout from a pattern. Potential Short Trade: Entry: Below the broken level, ideally around 0.9140 after confirmation of the breakout. Confirmation could involve a retest of the broken level as resistance or a sustained move below the level. Target Levels: 0.9060:...
USDCHF for a sell. Price is created a new supply zone and its fresh as well. We expected to go price to down from here and at least 1:3 risk rewards is expecting with this setup. Make sure trade with 2% risk per trade and Stick to money management rules . Good luck with the setup.
USDCHF reaching major resistance area on the 1D chart. Possible bearish movement of about 180 pips.
USD/CHF is rising toward the resistance level, which is a pullback resistance that aligns with the 161.8% Fibonacci extension and the 61.8% Fibonacci projection. A reversal from this level could indicate a triple top pattern, which could lead to a price drop to our take profit target. Entry: 0.91497 Why we like it: There is a pullback resistance level which...
✅USD_CHF is trading in an Uptrend and the pair is Making a bullish rebound From the horizontal support Level of 0.9095 so we will Be expecting a further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello Everyone, The USD/CHF pair appears to be gradually setting up for its bearish phase, which currently represents the long-term trend. Despite potential upward fluctuations due to being overbought, the trajectory is expected to be predominantly bearish in the long run. TradeWithTheTrend3344
- Pair is currently making HH and HL showing classic up trend. - Last impulse limb went from 0.89658 to 0.90716. - Since, price has retraced to 0.618 fibonacci value making HL of 0.89999. - No bearish divergence has been identified so far. - Price has not completely retraced to trend line. - Possible bullish entry at Fibonacci Golden ratio of 0.90817.
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current USDCHF chart which, if analyzed properly, clearly points in the upward direction. ❤️ Please, support our work with like & comment! ❤️
USDCHF is moving in range so we can make our entry points using support and resistance.
I am looking for price to pullback up so i can enter safely. It's a very high probability that price will bounce off of these BOS (break of structure) and pull right on up. So be on the lookout for that. Smart money and these large institutions set traps to see if we walk right into the trap smart money will take our stops.
Recognising the trend change on time, keeping it simple and emotionless. Not seeing a trend change as a loss, then as opportunity to trade in another direction. Only two simple indicators can make a difference...I see people with drawings, additional charts, analyses, and i dont think its necessary, your strategy needs to be simple. www.tradingview.com