Based on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
**USDCHF:**
The Swiss franc is often considered a safe haven in times of economic and geopolitical uncertainty. When investors are worried about inflation in the US or other events that could affect market stability, they may look to the Swiss franc as a safe-haven asset. This can result in the CHF strengthening against the USD.
In terms of analysis, we see the...
Hey Traders, in tomorrow's trading session we are monitoring USDCHF for a buying opportunity around 0.87300 zone, USDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.87300 support and resistance area.
Trade safe, Joe.
📊 Due to the price approaching the supply range of 0.880 units and the upward movement momentum of the price slowing down, if the range of 0.873 units is broken downwards and the price stabilizes below it, the price may fall to the range of 0.870 🎯and in the case of the strength of the range of 0.865 units🎯🎯.
📊 Otherwise, the possibility of price increase up to...
Hello Everyone,
At present, we anticipate an imminent shift towards bearish momentum as bullish trends are noticeably decelerating on the daily timeframe. However, it's worth noting that USDCHF is presently exhibiting overbought conditions on a daily interval. It's prudent to exercise caution given that the price has recently closed above the yearly Pivot Point...
Hello traders!
‼️ This is my perspective on USDCHF.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for a long. I wait price to make a retracement to fill the imbalance lower and then to react from support zone.
Fundamental news: Next week is full of news with impact on USD and CHF. On Tuesday we will...
USDCHF formed a cup & handle formation on a daily.
Its neckline was broken this week and we can expect a movement higher now.
Next resistance - 0.88
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The CHF outperformed all its G10 FX peers in 2023, thanks in large part to the SNB’s interventions. Yet on that front, the bank tweaked its stance at its December meeting, while acknowledging reduced risks of inflation overshoot. We are thus at best neutral on the CHF for 2024, while still mindful of any eventual return of market jitters, while we expect the CHF...
Hey Traders, in today's trading session we are monitoring USDCHF for a buying opportunity around 0.86700 zone, USDCHF was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.86700 support and resistance area.
Trade safe, Joe.
My dear friends,
Please, find my technical outlook for USDCHF below:
The instrument tests an important psychological level 0.8757
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 0.8695
Recommended Stop Loss - 0.8789
About Used...
This is coming off a weekly support from way back(yellow line). There is also confirmation on the daily but this is the time to wait for good confirmation and long in for marathon.
Preferred direction: SELL
Comment: In the middle of the current trading week for the USDCHF currency pair, we will also consider selling. We highlight scenario №1 as a short-term entry option and scenario №2 as a medium-term scenario. It would be best to consider two scenarios at the same time and place a stop loss no lower than the resistance level of ...
This is a typical trade on long USDCHF based on changes in interest rate bias from central banks
The Fed has rolled back on interest rate cuts and the SNB has gone dovish.
USDCHF has continued to rebound recently, and the exchange rate has broken through the downward trend line resistance upward. At present, we can focus on the support near 0.870. If it rebounds and stabilizes, we can consider buying. The upper resistance should focus on around 0.890.
The CHF has underperformed other FX majors this month, as the extended
rebound in DM rates has taken its toll on the low-yielder. This reversal should be
welcomed by the SNB which shifted away from its inclination for FX sales in its
rhetoric at its December meeting, while the CHF had gone into 2024 on its
strongest footing since 2015 on a real trade-weighted...
✅USD_CHF is going up now
And the pair broke the key
Level of 0.8707 and went
Further up so I will be
Expecting a further move up
LONG🚀
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