House Speaker McCarthy said the debt limit can't pass without dealing with the budget. The USD/CHF pair has rebounded after a corrective move to near 0.8930 in the early Asian session. The Swiss Franc asset has sensed buying interest amid an absence of a clear path for an increase in the US debt-ceiling limit. House Speaker McCarthy said the debt limit can't pass...
The USDCHF pair is repeating a pattern we identified last time from late 2022. After the Triangle's Support broke, the price formed a Channel Down that hit Fibonacci 2.0. We have already achieved Fibonacci 1.5 on the previous trade and Fibonacci 2.0 is at 0.8700. Target this as long as the 1day candle keeps closing under the 1day MA50. Previous chart: ...
Looks like we've spotted an impulsive wave to the downside recently. We "might" be in the corrective part of this wave so we would like to see a retest up to wave A. Looking for a fib retracement of up to 50% or more. Not advice.
On AUDCHF, the Forex48 strategy has identified a supply zone at 0.6030, where a setup for a short trade has formed. Currently, we have a weak AUD, but it could recover and potentially bounce back to the mentioned zone overnight after the news. However, I predict a decline with the strengthening of the Swiss Franc, which is traditionally a safe haven currency,...
Hello,My traders, here I took a buy deal through technical analysis, where we have a metigation block area, and we also have a bearish correction or a bearish flag that was broken, so it must target the liquidity at the top
The AUDCHF pair reached the bottom (Lower Lows trend-line) of the 2-year Channel Down pattern and rebounded, testing now the 1D MA50 (blue trend-line). Then that 1D MA50 test took place after the RSI on the 1W time-frame rebounded on its Support Zone, all three times the price hit the 1D MA200 (orange trend-line). This can happen a little quicker at 0.62000 or...
Cadchf short idea! 200ma is capping the price,there is a huge imbalance created friday that needs to be filled. Use a proper money management. Drago Analysis
NZDCHF H8 TF Possible sell entry looking for potential early bearish momentum
In my trading strategy, I analyze eight custom currency indexes on the 30-minute time frame to capture short-term market movements. I utilize pivot points, Exponential Moving Averages (EMAs), and various technical analysis techniques to develop a bullish or bearish bias for each currency. By examining the interactions between these indicators and price action, I...
AUDCHF managed to break the downward trendline and 🔴resistance zone🔴. Currently, it seems that AUDCHF has succeeded in completing a pullback; the sign of the completion of the pullback of the Hammer Candlestick pattern is near the resistance zone in the 15-minute and even one-hour time frames . I expect AUDCHF to go up to at least the 🎯target🎯 I have marked on...
Seems Like Has already Bottomed Out & formed descending Channel incase Of breakout expecting 220= Pips bullish Move
I'll be looking at this long in tomorrow's london session, I have been giving talks about this :) Our traders are positioned.
USDCHF - 24h expiry The primary trend remains bearish. Preferred trade is to sell into rallies. 20 1day EMA is at 0.8944. Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end. The bearish engulfing candle on the 4-hour chart is negative for sentiment. We look to Sell at 0.8944 (stop...
CADCHF / 4H Hello Traders, welcome back to anothe rmarket breakdown. CADCHF has been trading in a down trend. However, The price is deviating from a Major Macro level. I expect the Low to printed soon if it's not already printed. Hence, I'm looking for longs on this pair from now on. Trade safely, Trader Leo.
Hey Traders, in tomorrow's trading session we are monitoring EURCHF for a selling opportunity around 0.99300 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 0.99300 support and resistance zone. Trade safe, Joe.
Hey Traders, in tomorrow's trading session we are monitoring NZDCHF for a selling opportunity around 0.566 zone, NZDCHF is trading in a downtrend and currently seems to be in a correction phase in which it is approaching the major trend at 0.566 support and resistance zone. Trade safe, Joe.
Hey Traders, in tomorrow's trading session we are monitoring GBPCHF for a selling opportunity around 1.13600 zone, GBPCHF is trading in a downtrend and currently seems to be in a correction phase in which it is approaching the major trend at 1.136 support and resistance zone, We would consider some potential CHF longs as it's considered a safe haven currency in...
GBPCHF / 1D Hello traders, welcome back to another market breakdown. GBPCHF has made a lower high and shifted the structure from bearish to bullish. I'll be expecting more higher prices to see. Checkout the chart for a low risk entry suggestion based on invalidation. Trade safely, Trader Leo.