If we see the Support broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only...
Traders, USD/CHF is hitting key levels and we have FOMC tomorrow. Interest rates will most likely remain unchanged but Fed will most likely be talking dovish as there may be a few interest rate decreases this year.
✅USD_CHF has been growing recently And the pair seems locally overbought So as the pair has approached a horizontal resistance of 0.8911 Price fall is to be expected SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Sellers in the USDCHF tried to extend it to the downside in the early New York session, but were thwarted by swing area support between 0.88187 and 0.88241. The low price reached 0.88225 before bouncing back to the upside. That move higher has now taken out the prior high for the day at 0.8854 and now looks toward the high price from last week and Friday trade at...
The US dollar has shown strength across the board in anticipation of Wednesday’s rate decision and FOMC projections, leading USD/CHF to approach a key resistance level. Market Expectations: Higher for Longer Last week’s unexpected rise in US inflation has raised doubts about whether the Fed will cut rates from 5.5 per cent to 5.25 per cent, as previously...
The pair is making a beautiful pattern of higher highs and higher lows, entry can be take at mentioned price with SL and TP
Hey guys here's what i am looking at on USDCHF, price has been ranging in this zone and has currently tapped a demand zone as long as this demand zone isnt broken my bias is to the upside.
Hey Traders, Based on technical analysis if price close below 0.88740 with RSI below 50 and short position candles confirmation, place a short position around 0.887010 and take profit around 0.88510 and stop loss around 0.88960 Thanks Happy trading
USDCHF is rising toward resistance and could potentially fall to a support level Alternatively, if price breaks above the pivot, it could continue to rise to the next resistance level that aligns with the 127.2% Fibonacci extension Pivot: 0.8899 Support: 0.8851 Resistance: 1.8935 Risk Warning: Trading Forex and CFDs carries a high level of risk to your...
Manage SL during news time, intraday trade tp and sl mentioned not a financial advice
Hello traders, we want to check the USDCHF chart. The price is moving in an ascending channel and after failing to break the specified resistance level, it has had a correction to the specified support level. We expect this level to maintain the upward trend of the price and the price will once again grow to the resistance level. Good luck.
Based on the M15 chart analysis, we can see that the price has just reacted off our sell entry at 0.8883, which is a multi-swing high resistance. Our take profit will be at 0.8843, an overlap support level. The stop loss will be placed at 0.8908, which is above a swing-high resistance level. Please note that there is a bearish divergence vs. RSI High Risk...
Hey Traders, in today's trading session we are monitoring USDCHF for a buying opportunity around 0.88400 zone, USDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 088400 support and resistane area adding a fundamental layer, the last CPI and PPI both came hot and the labour market is solid, if Fed goes...
USDCHF is falling toward a support level and could potentially bounce off a pivot that is close to the 38.2% Fibonacci retracement and rise toward the multi-swing high resistance Alternatively, if price breaks below the pivot, it could continue to fall to another overlap support level Pivot: 0.8811 Support: 0.8781 Resistance: 0.8849 Risk Warning: Trading...
Hello traders, Wave B is supposed to end at 0.88874 zone. Then wave C is aimed at getting to 0.86860 zone. Thanks.
Put USDCHF on the radar - while there are many different ways this could play out this week, here are 2 clear scenario's that are front of mind. Upside - the fed's 2024 dot moves higher in tomorrows FOMC meeting to show 2 cuts (from 3). We could also see the SNB cut rates - this is a non-consensus call with 4/24 economists calling for a 25bp cut (to 1.5%) and...
USDCHF buy , that is just a prediction ,stop lose and target up to you . I don't have colorful charts with dozens of indicators, it's simpler than that i dont use any indicator , good luck , please money management .