------------------USDCHF LONG------------------ After the FOMC this week, it looks like the US dollar won’t weaken easily. I think after a short term pullback, the course will continue its way up to at least 0.9070-0.91. Bigger correction after that I assume. This is not a financial advice, do your own research and analysis.
Dear Followers, USDCHF I saw Inverse+FVG appeared recently. It happened at same level with previous shoudler. To be exact in this case, 2 left shoulders. I am expecting a bearish for USDCHF.
- in Dec 23 CHF was at highest levels since Asian Crisis in 2015 - most likely due to geopolitical dangers in Europe - since then it rebound to the technical resistance at 0.90 (AB=CD) + Bearish Gartley D point, which has been recognized by the market, not respected yet - SNB cut rates recently and will most likely continue doing so: the bankruptcies are at...
USDCHF has become extremely oversold and found support at that faithful Jan 5, 2015 morning where SNB shocked the world. My first target would be the 0.236 Fib level, then 0.382 which stands at around 0.904. SNB has removed the currency intervention paragraph in their latest statement. Inflation came a bit higher yesterday for Suisse but in line with Central...
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The channel has made it clear for us to look out for trades to the downside after a rejection occurs
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 USDCHF has been overall bearish, trading within the falling channel in blue. Currently, USDCHF is approaching the upper bound of the channel acting as a non-horizontal resistance. Moreover, it is retesting a resistance marked in green. 🏹 Thus, the highlighted blue circle...
Based on technical analysis with ichimoku, the uptrend started, we predict that the price will touch upper levels in next weeks. We don't expect deep correction during this movement
The Swiss franc was dealt a blow yesterday as the Swiss National Bank unexpectedly cut rates by 25bp. Markets were pricing in around one in three probabilities of a cut yesterday, and the decision led to a broader repricing in the CHF curve. A back-to-back 25bp cut in June is almost fully priced in (21bp), and markets are expecting another one by year-end. Our...
Both 1hr and 4hr charts shows that pair has reached highest since Oct 2023. both RSI and STOCH indicating overbought, prevailing growth has been exhausted but bulls keep pushing up slowly amidst consolidation with weak candles, Bulls are still controlled but sellers will be come in to play latter part of Friday and we may see complete reversal on beginning of next...
The price traded near the order block zone. Wait until the price is retested in the zone and close below. Initiate Short Postions after finding a bearish price action structure in the zone.
As we can see that double top pattern has been formed at the strong Daily AOI so we can look for shorting opportunities to take it to the downside. For Targets refer to the chart above.
USD/CHF could fall towards a pullback support and potentially bounce off this level to climb higher. Buy entry is at 0.89483 which is a pullback support. Stop loss is at 0.89076 which is a pullback support that lies underneath the 50.0% Fibonacci retracement level. Take profit is at 0.90296 which is a level that aligns with the 100.0% Fibonacci projection...
The Swiss franc has tumbled on Thursday after the Swiss National Bank lowered interest rates. In the North American session, USD/CHF is trading at 0.8987, up 1.35% on the day. Earlier, the Swiss franc fell as low as 0.8994, its lowest level since November 23. There has been plenty of speculation as to when the Fed and other major central banks will lower interest...
Hello everyone, i hope you enjoy this idea and I would like to hear from you in the comments what you think about it.
The Swiss National Bank (SNB) has been one of the earliest central banks to embark on an easing process. Due to its early initiation, the mixed U.S. data in February failed to establish a significant downtrend on USD/CHF. We anticipate that, both fundamentally and technically, the broken downtrend will continue, leading to a rapid progression towards the next...
Actually on previos analysis i mentioned 2 levels from which it can reverse. First level passed and my thoughts actually was if first level will decline price it will go a little bit lower. But if price will be declined from upper level then me waiting hard drop , even may be it looks strange.