The USDCHF pair is on very critical crossroads as for the past 5 weeks it has been testing the 1W MA50 (blue trend-line) but has so far failed to close a 1W candle above it. Going back to late September 2023, we can see that the 1W MA50 has been again tested for successive weeks, but again failed to close a candle above it. In fact the last time it did was back on...
Hello traders, I want share with you my opinion about Swiss Franc. Looking at the chart, we can see how the price reached the resistance line of the downward channel, after which CHF rebounded down and declined to the support line of the channel, breaking the 0.8635 level, which coincided with the buyer zone. Then the price turned around and entered the pennant,...
The USD/CHF pair is facing resistance around the 0.8830 mark, struggling to regain momentum after a retreat from nearly reaching 0.8900, primarily attributed to encountering a double top formation at 0.88850.
This downward movement in the pair is underpinned by the weakened US Dollar (USD) and declining US Treasury bond yields. Market participants are eagerly...
Hi folks today I'm prepared for you Swiss Franc analytics. If we look at the chart we can see how the price some time ago tried to rise to the 0.8850 resistance level, but later it turned around and in a short time declined to the trend line, thereby breaking the 0.8780 support level, which coincided with the support zone. After this CHF started to rise, and soon...
By examining the CADCHF 1-hour chart we can figure out there is a lot of buy-side liquidity that can be defined as a smart money target.
The market structure is bullish and the price had a bullish reaction to the daily order block.
Now, there is a sell-side liquidity inside the FVG that creates a high probability buy setup for us.
Please keep it in your mind:...
Hello Traders !
On The Daily Time Frame, The USDCHF Reached a Resistance Level.
Currently, We Have 2 Scenarios:
Bullish Scenario📈
If The Price Breaks and Closes Above The Resistance Level,
We Will See a Bullish Move...
TARGET: 0.90130🎯
Bearish Scenario📉
If The Market Breaks The Neckline (0.87860 - 0.87426) and Closes Below That,
We Will See a Bearish...
Hi guys, this is my overview for USDCHF, feel free to check it and write your feedback in comments👊
A not long time ago price made upward impulse from support area to $0.8885 points, breaking $0.8770 and $0.8835 levels.
After this, price started to trades in pennant, where it soon bounced from resistance line and declined below $0.8835 level.
Next, CHF some...
The NZDCHF pair has been trading within a Channel Up pattern since the October 23 2023 Low. After breaking above the 1D MA200 (orange trend-line) for the first time in more than 1 year (since January 31 2023), the pair confirmed the trend shift from long-term bearish to long-term bullish. The recent 3-day pull-back to the 1D MA200 is a technical buy...
CHFJPY have been on an uptrend for a long while, after breaking the resistance zone, price is expected to retest to the support zone and continue it's upward trend, also notice our 50EMA situated at that point ready for retest.
The USD/CHF pair is edging closer to the critical 0.8900 level, driven by speculation of the first rate cut by the Federal Reserve scheduled for July. This movement comes amidst contrasting economic indicators from both the US and Switzerland.
In the US, the core Consumer Price Index (CPI), which excludes volatile food and oil prices, surprised investors by...
CADCHF formed a double bottom formation on a key horizontal support
on a 4H time frame.
Its neckline violation is an important bullish signal.
We can expect a bullish movement at least to 0.654
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The daily chart shows a nice bullish trend on the daily chart. A minor retracement has occurred at the cycle highs, although Thursday's bullish hammer found support at the 100-day EMA, 38.2% Fibonacci level and prior swing high.
RSI (2) is confirming the trend and RSI (14) is above 50 to show bullish momentum of the past three weeks.
Given the bullish trend...
🏃♂️ USDCHF is moving in an Ascending Channel and is currently near the 🔴 Resistance zone(0.891 CHF-0.882 CHF )🔴 and 🟡 Potential Reversal Zone(PRZ) 🟡. It also managed to break the Uptrend line .
🔔I expect USDCHF to start to decline after entering the 🟡 Potential Reversal Zone(PRZ) 🟡 and at least break down to the 🟢 Support zone(0.874 CHF-0.871 CHF...
It has been more than 4 months since our last analysis on the CADCHF pair (October 10 2023, see chart below), which was a sell signal that hit directly our 0.64800 Target:
The current signal is no different, as the continuous rejection on the 1D MA200 (orange trend-line) since February 13, is giving a strong sell signal, which will be confirmed once the 1D...
Hello Traders !
Previously, The EURCHF Formed a Symmetrical Triangle Pattern.
Currently, The Price Broke The Higher High (BOS).
So, I Expect a Bullish Move 📈
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TARGET: 0.95340🎯
Hello traders, I want share with you my opinion about Swiss Franc. Observing the chart, we can see that the price a few days ago rebounded from the current support level and started to decline to the next level, which coincided with the buyer zone. But soon, CHF declined lower than 0.8485 level and declined until to 0.8330 points, after which Swiss Franc turned...
