CADCHF managed to break the downtrend line. Also, Regular Divergence(RD+) can be seen between two successive valleys. I expect CADCHF to grow to at least the 🔴resistance zone( 0.6808 CHF-0.67720 CHF)🔴 after the pullback to the downtrend line. 🔅Canadian Dollar/Swiss Franc Analyze (CADCHF), 8-hour time frame ⏰. Do not forget to put Stop loss for your positions...
Hey traders, In today's trading session we are monitoring USDCHF for a buying opportunity around 0.90500 zone, USDCHF is trading in an uptrend and currently seems to be in a correction phase in which it is approaching the major trend at 0.90500 support and resistance zone. Trade safe, Joe.
LOB entry on GBPCHF 15 Mins for a Short position. R:R 2 FVG Above to be filled before market eventually goes down.
CHFJPY is trading inside a Channel Up for the past 12 months and currently pulling back after touching the 2.0 Fibonacci level. With the 1D time frame technically neutral (RSI = 53.315, MACD = 1.420, ADX = 33.250), the closer the price gets to the 1D MA50, the stronger of a buy opportunity it becomes. The fractal of July-August 2022 indicates that the next HH of...
Trade Idea: Buying EURCHF Reasoning: Ending wedge on the daily and lower end of a range. Entry Level: 0.9725 Take Profit Level: 0.9765 Stop Loss: 0.9706 Risk/Reward: 2.1/1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The...
USDCHF -24h expiry Our short-term bias remains positive. Intraday dips continue to attract buyers and there is no clear indication that this trading sequence is ending. 50 4-hour EMA is at 0.9031. Trend line support is located at 0.9030. We look to buy dips. We look to Buy at 0.9031 (stop at 0.9006) Our profit targets will be 0.9091 and 0.9101...
✨ NZDCHF...UT ✨ Swing Trade ✨ - SL @ 0.5300 🚫 BLO @ 0.54421 ⌛️ BSO @ 0.57441 ⌛️ TP1 @ 0.62380 TP2 @ 0.70565 TP3 @ 0.75736 Current Opportunity Our team foresees a notable downtrend retracement for DXY, leading to a bullish stance on NZDCHF. Our strategy involves partially reducing our position by 25% at the first and second take profits, ultimately closing the...
The USDCHF pair is trading within a Channel Down pattern since late November and it currently above the 1D MA50 (blue trend-line). As long as 1D candles close above it (1D MA50), we will stay bullish and target slightly below the 0.618 Fibonacci extension at 0.91850. A 1D candle close below it, will be a bearish break-out for us, targeting the Channel's recent Low...
Hey Traders, in today's trading session we are monitoring EURCHF for a selling opportunity around 0.97400 zone, EURCHF is trading in a downtrend and currently seems to be in a correction phase in which it is approaching the major trend at 0.97400 support and resistance zone. Trade safe, Joe.
Cette paire maintient probablement sa tendance baissière. On attend donc une baisse du prix.
EURCHF - 24h expiry Trades at the lowest level in 32 weeks. There is no clear indication that the downward move is coming to an end. The previous swing low is located at 0.9677. A break of the recent low at 0.9674 should result in a further move lower. We look for losses to be extended today. We look to Sell a break of 0.9673 (stop at 0.9693 Our profit...
Fundamental Backdrop USD's CB Consumer Confidence is expected to drop from 101.3 - 99.1 It's a leading indicator of consumer spending, so a drop would show that overall economic activity has decreased Technical Confluences Resistance at 0.90600 Support at 0.90100 Idea If the CB Consumer Confidence comes out as expected at a decrease, we could...
Hey Traders, in tomorrow's trading session we are monitoring AUDCHF for a selling opportunity around 0.59250 zone, AUDCHF is trading in a downtrend and currently seems to be in a correction phase in which it is approaching the major trend at 0.59250 support and resistance zone. Trade safe, Joe.
EURCHF is approaching the bottom of the January Channel Down and S1 (0.964500), followng a Death Cross on Friday. The 1D timeframe is technically red heavily (RSI = 33.995, MACD = -0.004, ADX = 37.194) and as the RSI is on a Falling Wedge, an upward break-out is very likely. Consistent with the previous two rebounds inside the Channel Down, we are aiming at a...
Hey Traders, in today's trading session we are monitoring USDCHF for a buying opportunity around 0.90200 zone, USDCHF is trading in an uptrend and currently seems to be in a correction phase in which it is approaching the major trend at 0.90200 support and resistance area. trade safe, Joe.
USDCHF - 24h expiry Our short-term bias remains positive. Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. 50 4-hour EMA is at 0.9018. Trend line support is located at 0.9008. We look to buy dips. We look to Buy at 0.9018 (stop at 0.8993) Our profit targets will be 0.9078 and...
The "EUR/CHF" has been in a downtrend since March – 2021, and it is obvious that we can expect a trend reversal if necessary. > The EUR is the base currency of the pair and has suffered greatly from the USD (DXY) appreciation. > The CHF is generally seen as a security, which is why the EUR is losing out to them. --> Once the USD (DXY) shows signs of corrective...
Hey Traders, in today's trading session we are monitoring USDCHF for a buying opportunity around 0.90300 zone, USDCHF is trading in an uptrend and currently seems to be in a correction phase in which it is approaching the major trend at 0.90300 support and resistance zone. Trade safe, Joe.