USDCHF confirmed a major hourly channel breakout recently. Here we expect to see a further decline in price which is expected to revisit back towards the highlighted bottom level support/key level formed. This channel has created a very strong supported trend line with its lower boundary which has now been invalidated with its breakout confirmation. The key...
USD/CHF is rising to a resistance level, which is a pullback resistance that aligns with the 38.2% Fibonacci retracement, and could reverse from this level to our take profit. Entry: 0.90966 Why we like it: There is a pullback resistance level which aligns with the 38.2% Fibonacci retracement. Stop loss: 0.91527 Why we like it: There is a pullback resistance...
Today the market was expecting the PCE data. As we saw they came in above expectations and in line with the previous month US Core PCE inflation holds steady at 2.8% vs. 2.6% expected The high expectations related to the inflation rate are rising the assumptions that the FED may keep the rates unchanged for a longer period. This is boosting the USD in the short...
USDCHF 4H short We expect gold to rise to that area, then we place a sell trade
Our buy trade on USDCHF is still valid, keep buying, the overall trend is still bullish. Goodluck
Preferred direction: SELL Comment: Against the backdrop of a calm week on the economic calendar, the US dollar is trying to strengthen, but this is likely to change in the near future. We continue to consider short-term sell priority for the dollar. Considering the USDCHF currency pair, the most conservative is at the level of 0.91424 (scenario №1) ....
USD/CHF is in Bullish Trend however Bearish Divergence is formed on Key Resistance Level. Correction is expected. 0.88888 Marks the Key Level for Buyers
USDCHF is currently on a correction as sub-wave 2 on a main down-trend wave 5..at the moment pair has almost completed wave A of sub-wave 2 and then a correction wave B of sub-wave 2 before an impulse as wave c of sub-wave 2
USDCHF has been on a bullish trend on the daily TF, however we just formed strong bearish reversal confirmation for a sell trend on the daily. So beginning of this week we will see short term buys as retracements to possibly rebalance -FVG and then we might see sells with strong momentum as expansion to take out the daily sell side liquidity at external range....
Hi dear traders , Here on USDCHF as we can see with the last move price shows a possible turn into the bearish trend .so still we dont have any clue that USDCHF will shift the trend with creating a double top or with a aggressive move ,but in my idea there could be a possible double or triple top before the bearish move begins , so let wait for the market to...
We are waiting for the short position Trigger . Good luck
In the USD/CHF 4-hour timeframe, a bearish trend is emerging as the price completes a 38% retracement following a breakout from a rising wedge pattern. The subsequent formation of an ABC pattern suggests further downside potential. Traders may anticipate continued bearish momentum as the market adheres to this technical structure.
Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity USDCHF I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
My dear subscribers, My technical analysis for USDCHF is below: The price is coiling around a solid key level - 0.9045 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 0.9101 My Stop Loss - 0.9012 About Used Indicators: By the very...
Hello,Friends! We are now examining the USD/CHF pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 0.895 level. ✅LIKE AND COMMENT MY IDEAS✅
Hello Everyone, The USD/CHF is currently following a bearish trajectory. The long-term trend continues to be bearish and is anticipated to endure. TradeWithTheTrend3344
USD/CHF has just rejected off the pivot, which has been identified as a pullback resistance, and could reverse to the 1st support. Pivot: 0.9094 1st Support: 0.9030 1st Resistance: 0.9151 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...
The overall market trend is bullish. technically, we're having a retracement to the weekly OB in order for price to keep souring higher. on the hourly timeframe, we're having minor retracement which is giving us a counter trend short opportunity.