USDCHF H1 TIMEFRAME Price currently trades at 0.90442. After a deep retrace in H1 timeframe . A buy opportunity is envisaged from the current market price as this could provide a potential buy opportunity to the area of 0.91741Longby Cartela0
USD/CHF BEARS ARE GAINING STRENGTH|SHORT Hello,Friends! We are going short on the USD/CHF with the target of 0.895 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 1111
USDCHF is in bullish trend.USDCHF is continuing its bullish rally by printing HH and HL it formed new HL at 0.786 fib level so we can can take instant entry at this price since it closed another green candle.Longby abubakerkhushi0
USDCHF SELLCould this be a possible sell for USDCHF? Based on what the market is showing, i see a daily double top forming at a major zone, the market is currently at the fib zone, let's see if the news will favor the anticipation to the downside. feel free to share your views.Shortby WiLLProsperForex3
Helvetic Shilling Trendy in European and U.S. Banking.There will be a lot of activity in the EURCHF and USDCHF crosses today as these three currencies have important news. Swiss inflation and production data will mark the start of the day, followed by news on manufacturing indices from several Eurozone countries, along with long-term debt auctions from France and Spain. In the afternoon, the impact of exports, unemployment rates and U.S. debt auctions will be consummated along with Fed monetary policy news this afternoon. The anticipation of today's European and US news has kept the Swiss currency at its characteristic value, generating a small depreciation against the aforementioned peers, as the Swiss economy appears to be holding up relatively solidly. Eurozone production data for Spain, Germany, Italy and France have been relatively positive compared to the previous release although the Eurozone as a whole does not have such positive data in the global aggregate, being that production on a yearly basis has improved compared to expectations. On the technical side, the USDCHF chart shows an evolution that has been going on since Christmas, marking how the greenback has been depreciating against the currency of the Helvetic country. It is currently in a long-term bearish channel, which since Christmas touched its low at 0.83317 and has been looking for the middle zone, so it could continue on this path of price recovery to its maximum at 1.01472 Bucks per Franc. Due to the US debt overhang we will continue to see the Franc gain strength as the Swiss economy is much healthier and is starting to be perceived again as a reserve currency during this 2024. Its RSI is currently at 68.24% with a 200-day average at 52.87%, so perhaps on a daily basis it could fluctuate between 0.90868 and 0.87482 until the Bulls gain strength pushing the currency above the monthly average so that the Dollars and Euros could recover within the long term bearish channel. Ion Jauregui - AT Analyst ******************************************************************************************* The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered 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. Shortby ActivTrades4
UP / DOWN?It is at a critical point where by breaking any part marked in the chart, the trend can continue to move in that direction. My prediction is a downward trend.by Behnam2901
USDCHF: 0.8530 Should Hold Strong Before Rising FurtherUSDCHF: 0.8530 Should Hold Strong Before Rising Further For the moment USDCHF is still in correction and on the bigger picture USDCHF should rise further. Strong support is found near the other structure zones 0.8530: If 0.8530 stops the price USDCHF should begin a bullish wave soon. Resistance & Target zone: 0.8912; 0.9030; 0.9105; 0.9220 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 9
Strifor || USDCHF-04/04/2024Preferred direction: SELL Comment: The Swiss currency also began to strengthen against the American dollar , although we previously noted that this currency is one of the weakest among the main competitors of the US dollar. However, for this currency pair we confidently set sell-priority and expect a fall towards the level of 0.88761. Both scenarios depicted in the graph are already in work. Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!Shortby Viktor_strifor_analystUpdated 112
USDCHFInflation Rate YoY MAR 1% 1.2% 1.3% 1.4% CPI MAR Waiting for Release 107.1 107.5 Inflation Rate MoM MAR 0% 0.6% 0.3% 0.4%Longby temuulin13
USDCHF AnalysisPrice is bouncing from a weekly chart, my question is will it break the level and continue pushing higher or it will drop from where it is,? leave your feedback05:41by Liquidity_Queen3
To 0.91240Usdchf has found support on the 5 min tf. A higher high pattern is expected from here stomping out sellers. Longby regkey4130
swing entry pointi see a great mid-term Long position opportunity in Swissie, we are in swing's key entry point . what do you think about this article ? please share your opinionLongby mohammadhassanliUpdated 228
Long USD CHF Using OB and FVG Strategy Expecting sharp touch at OB and Long from there. Longby JZH1232
📈💰💼 **USD/CHF Review** 💼💰📈📈💰💼 **USD/CHF Review** 💼💰📈 Last week, USD/CHF surged to grab previous highs, igniting excitement among traders. 🚀📈 However, upon closer examination in lower time frames, a potential bearish signal emerges. 📉🧐 The formation of a 'sibi' (sideways) pattern suggests a period of consolidation. 🔄📊 Keeping an eye on the chart, the target seems to point towards last week's low. 🎯📉 Traders are advised to exercise caution and closely monitor the market dynamics for potential opportunities. 💡💼✅ Happy trading! 💵💼🌟Shortby Asif_Crypto12
USD/CHF Susceptible to RSI Sell SignalUSD/CHF appears to be carving a bearish outside-day (engulfing) candle after registering a fresh yearly high (0.9096), and the Relative Strength Index (RSI) may indicate a textbook sell signal as it struggles to hold above 70. USD/CHF Rate Outlook USD/CHF seems to be reversing ahead of the November high (0.9113) as it fails to extend the series of higher highs and lows from the start of the week, and failure to hold above the 0.9030 (38.2% Fibonacci extension) to 0.9040 (23.6% Fibonacci extension) area may lead to a test of the weekly low (0.9006). Next region of interest comes in around 0.8880 (38.2% Fibonacci retracement) to 0.8910 (38.2% Fibonacci extension), with a break of trendline support opening up the 0.8770 (61.8% Fibonacci extension) to 0.8810 (50% Fibonacci extension). Nevertheless, USD/CHF may continue to exhibit a bullish trend if it continues to track the positive slope in the 50-Day SMA (0.8823), with a breach above the November high (0.9113) opening up 0.9180 (23.6% Fibonacci extension). --- Written by David Song, Strategist at FOREX.com by FOREXcom3
USDCHF trendline fully bullish read the caption The USDCHF earlier today reached up to the highest level of the year at 0.90949. However the last three or four hours have seen a rotation to the downside after the weaker than expected ISM nonmanufacturing data. Fed's Powell also, the market at that sending yields lower and the US dollar lower in the process. That good news sent the price of the USDCHF down below is 100 hour moving average at 0.9043 and down to the 200 hour moving average 0.90296 Hundreds road lower, the prior highs from last week at 0.9061 and 0.90636Longby Mrsam361
USDCHFAccording to my analysis, USDCHF is experiencing a significant decline today due to the weakness of the US dollar. The release of some negative news has further worsened the situation for the dollar. In light of this, I suggest taking advantage of the opportunity by selling. However, it is advisable to wait until the resistance level corrects before making the sell deal. Wishing you good luck in your trading.Shortby KechFx221
USDCHF 03/04/2024Weekly: -Buyside liquidity as next target. -No structure on the left that could stop the price. Daily: -Bullish M pattern. -Imbalance. 4H: -4H imbalance aligning with the daily imbalance. -Inverse H&S pattern.Longby HANSFXTRADER1
Great anticipationWatch out for that structural liquidity (Yellow line) for a possible reaction. Taking shorts after the break. Wait for confirmation on LTF and apply adequate risk management. Manage your risk and optimise your reward... It's worth it. #Macro #HTFstructure #Inducement #Followthetrendby Genial013
USDCHF Bearish BiasUSDCHF is testing its resistance area after forming a double top. A Bearish Divergence is an additional confluence to our Bearish Bias. Shortby trading_jupiterUpdated 4
Market Analysis: USD/CHF Could Extend GainsMarket Analysis: USD/CHF Could Extend Gains USD/CHF climbed higher above 0.9070 and might extend gains in the near term. Important Takeaways for USD/CHF Analysis Today USD/CHF climbed higher above the 0.9035 and 0.9070 resistance levels. There was a break above a major bearish trend line with resistance at 0.9035 on the hourly chart at FXOpen. USD/CHF Technical Analysis On the hourly chart of USD/CHF at FXOpen, the pair started a decent increase from the 0.9005 support. The US Dollar climbed above the 0.9035 resistance zone against the Swiss Franc. There was a break above a major bearish trend line with resistance at 0.9035. The bulls were able to pump the pair above the 50-hour simple moving average and 0.9070. Finally, the pair tested the 0.9090 zone. A high was formed near 0.9090 before there was a minor pullback. The pair declined below the 23.6% Fib retracement level of the upward move from the 0.9005 swing low to the 0.9090 high. On the downside, immediate support on the USD/CHF chart is near the 0.9070 zone. The first major support is near the 50-hour simple moving average at 0.9055. A downside break below 0.9055 might spark bearish moves. The next major support is near the 61.8% Fib retracement level of the upward move from the 0.9005 swing low to the 0.9090 high at 0.9035. Any more losses may possibly open the doors for a move toward the 0.9005 level in the near term. On the upside, the pair is now facing resistance near 0.9090. The next major resistance is at 0.9120. The main resistance is now near 0.9140. If there is a clear break above the 0.9140 resistance zone and the RSI climbs above 65, the pair could start another increase. In the stated case, it could test 0.9200. 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