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.
Hello Everyone, The USDCHF pair is nearing significant resistance levels on both yearly and monthly charts. Despite this, the long-term trend continues to exhibit a bearish bias. TradeWithTheTrend3344
Price is rising toward our bearish order block of 0.91102 a pullback resistance that aligns with the 61.8% Fibo retracement. A reverse from this point could lead the price to fall to 1st support at 0.84612. If price breaks above the pivot, it could rise to 1st resistance at 0.92462, a swing-high resistance level.
Third time is a charm. USDCHF broken above key resistance after two previous tries following the SNB's rate decision. 0.90-0.91 in the horizon, maybe even 0.92 level USDCHF After being rejected yesterday at the resistance and 0.618 retracement at 0.89 USDCHF is propelling higher today following SNB rate decision. UDCHF is now seemingly headed towards the...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
🚀 Trade Idea: Going long on USDCHF with this swing trade signal. ✅ Entry: Buy now at 0.8934 for potential upside momentum. 🎯 Take Profit: Set your take profit at 0.9046 to capture potential gains. ⛔ Stop Loss: Protect your investment with a stop loss at 0.8911 to mitigate downside risk. 🔔 Don't miss out on this opportunity to capitalize on potential movements...
USD/CHF Analysis: SNB Decision Breaks Multi-month Trend According to Reuters, on the sidelines of the World Economic Forum in Davos in January, the head of the Swiss National Bank (SNB) Thomas Jordan told the Swiss press that the appreciation of the franc creates problems for exporters. Thus, indicating intentions to weaken the CHF. His words in January seem to...
Today, the Swiss National Bank cut its interest rate, dropping from +1.75% to +1.50%. Last time we saw any changes made in the rate were back in June 2023, when the Bank lifted the rate from +1.75% to +1.50%. After the release of the news CHF devalued against all of its major counterparts, even against the currently-weak USD. Looking at the technical picture of ...