Hi folks today I'm prepared for you Swiss Franc analytics. Some time ago price declined to support 2, which coincided with the support zone, and soon broke this level and fell even lower support zone. But later CHF turned around and rose to this area and some time traded in, after which price even rose higher to support 2, but soon declined back. After this...
Traders, D: 4h: Our strategy for this pair involves positioning our orders strategically below the liquidity hunt. By placing our orders in this manner, we aim to capitalize on potential market movements following the liquidity hunt, maximizing our chances of entering favorable positions. As we await the release of Canadian Retail Sales data, it's crucial...
The CHF/JPY pair on the M30 timeframe presents a potential shorting opportunity due to a recent downward breakout from a well-defined channel pattern. Potential Short Trade : Entry: Consider entering a short position (selling) below the broken support line of the channel after confirmation. Ideally, this would be around 169.90 or lower if the price continues...
The price is rising toward a resistance level, which is an overlap resistance that aligns with the 50% Fibonacci retracement; it could reverse from this level to our take profit. Entry: 1.13236 Why we like it: There is an overlap resistance level which aligns with the 50% Fibonacci retracement. Stop loss: 1.14028 Why we like it: There is a pullback resistance...
Price is rising towards a resistance level which is an overlap resistance level which aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.58668 Why we like it: There is an overlap resistance level which aligns with the 50% Fibonacci retracement Stop loss: 0.59335 Why we like it: There is a pullback resistance...
Hey Traders, in the coming week we are monitoring USDCHF for a buying opportunity around 0.90000 zone, USDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.90000 support and resistance area. Trade safe, Joe.
The USD/CHF pair on the M30 timeframe presents a possible shorting opportunity due to a recent breakout from a pattern. Potential Short Trade: Entry: Below the broken level, ideally around 0.9140 after confirmation of the breakout. Confirmation could involve a retest of the broken level as resistance or a sustained move below the level. Target Levels: 0.9060:...
Price is rising into a resistance level which is an overlap resistance that aligns with the 61.8% Fibonacci retracement. A reversal from this level could lead to a price drop to our take profit. Entry: 0.66482 Why we like it: There is an overlap resistance level which aligns with the 61.8% Fibonacci retracement. Stop loss: 0.6676 Why we like it: There is a...
Price is rising towards a resistance level which is an overlap resistance that aligns with the 38.2% Fibonacci retracement and could reverse from this level to our take profit. Entry:0.97417 Why we like it: There is an overlap resistance level which aligns with the 38.2% Fibonacci retracement. Stop loss: 0.97917 Why we like it: There is an overlap resistance...
USD/CHF is rising toward the resistance level, which is a pullback resistance that aligns with the 161.8% Fibonacci extension and the 61.8% Fibonacci projection. A reversal from this level could indicate a triple top pattern, which could lead to a price drop to our take profit target. Entry: 0.91497 Why we like it: There is a pullback resistance level which...
Attention Traders, In today's trading session, our focus is on GBPCHF, where we're eyeing a potential selling opportunity around the 1.13700 zone. GBPCHF remains entrenched in a downtrend and is currently undergoing a correction phase, approaching the critical support and resistance area at 1.13700. Adding depth to our analysis, it's crucial to consider the...
USD/CHF is falling towards a support level which is a pullback support which aligns with the 61.8% Fibonacci retracement and could bounce from this level to our take profit. Entry: 0.90607 Why we like it: There is a pullback support level which aligns with the 61.8% Fibonacci retracement Stop loss: 0.90082 Why we like it: There is an overlap support level Take...
Hi guys, this is my overview for USDCHF, feel free to check it and write your feedback in comments👊 Recently price started to trades in flat, where it first declined to support level, which coincided with support area. After this, CHF rose to $0.9090 level, but soon turned around and in a short time fell back to $0.9015 level. Price some time traded near this...
Price is rising towards a resistance level which is an overlap resistance which aligns with the 38.2% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.54037 Why do we like it: There is an overlap resistance level which aligns with the 38.2% Fibonacci retracement. Stop loss: 0.54366 Why we like it: There is a pullback...
USD/CHF is currently at a resistance level, which is a pullback resistance, and could reverse from this level to our take profit. Entry: 0.91497 Why we like it: There is a pullback resistance level Stop loss: 0.92091 Why we like it: There is a resistance level at the 100% Fibonacci projection Take profit: 0.90659 Why we like it: There is a pullback support...
Today after China's economic data, the Market is betting dovish on AUD. We believe the price has made an ABC correction and it likely started the next downward impulse wave Confirmed by a broken trendline. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team...
Attention Traders, In today's trading session, our focus is on USDCHF, where we're eyeing a potential buying opportunity around the 0.90800 zone. USDCHF maintains an upward trajectory, presently undergoing a correction phase as it approaches the pivotal support and resistance area at 0.90800. Adding depth to our analysis, let's incorporate the fundamental...
Hey Traders, in today's trading session we are monitoring CADCHF for a selling opportunity around 0.66600 zone, CADCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.66600 support and resistance area. Trade safe, Joe.