The EURCHF pair stayed within the long-term Channel Down, got rejected on its top after our November 02 sell call (see chart below) and effectively hit our 0.941850 target: Despite having more downside to drop it below Support 2, we expect a medium-term rebound as the 1D MACD is very close to posting a Bullish Cross, which within this Channel Down has been a...
Update for GBPCHF. We spotted a confirmed bearish breakout of a support of a horizontal range on a daily. After a deep retest of a broken structure, we see a strong bearish reaction. The fall will most likely continue, at least to 1.094 ❤️Please, support my work with like, thank you!❤️
✅CAD_CHF is going up to retest a horizontal resistance of 0.650 Which makes me locally bearish biased And I think that we will see a pullback And a move down from the level Towards the target below at 0.645 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
USDCHF is technically bearish on the 1D outlook (RSI = 38.319, MACD = -0.005, ADX = 47.617) and the long term pattern remains a Channel Down but the 1D MACD has formed a Bullish Cross. Since August 2022, 3 out of 4 such formations under 0.000 have initiated strong rises. Consequently, at least on the medium term, we regard this formation more dominant than the...
🏃♂️ USDCHF has been moving in the Descending channel for a long time, but USDCHF started to increase by hitting the 🟡 Price Reversal Zone(PRZ) 🟡and managed to form a Rounding Bottom Pattern . 🔔I expect USDCHF to move at least to the upper line of the descending channel and possibly break the descending channel as well. U.S.Dollar/Swiss Franc ( USDCHF...
Hello,Traders! CAD-CHF made nice bullish Move up but a strong Horizontal resistance is ahead At 0.6494 from where I think We will see a bearish reaction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hi guys, this is my overview for USDCHF, feel free to check it and write your feedback in comments👊 Some time ago price started to trades in a falling channel, where it a few time traded near $0.8820 level and then broke it. After this, price declined to $0.8720 support level, which coincided with support zone, and then bounced up, exiting from channel. Then...
Hi Traders ! Yesterday, The USDCHF Price Reached a Support Level (0.87270 - 0.86904) So We Have a Bullish Scenario: If The Market Breaks The Resistance Line and Closes Below That We Will See a Bullish Move... TARGET: 0.88800🎯
As We Talked in The Previous Analysis: The USDCHF Price Reached a Support Level (0.87270 - 0.86904) Currently: The Resistance Line is Broken So, I Expect a Bullish Move. ----------- TARGET: 0.88800🎯
GBPCHF broke and closed below a support of a wide horizontal range on a daily. To me, it is an important sign of strength of the sellers. We may expect a bearish movement at least to 1.094 ❤️Please, support my work with like, thank you!❤️
The USDCHF pair has been trading within a Channel Down pattern since the August 11 2022 Low. Such a long-term pattern is difficult to break but according to the 1D MACD and RSI indicators, the pair may be experiencing a pattern change. As you can see, the 1D MACD is about to form a Bullish Cross, the lowest since July 27, which was soon after the last Lower Low...
AUDCHF is testing a key horizontal supply area. A bearish breakout of a neckline of a double top pattern on an hourly time frame gives us a strong bearish confirmation. We may anticipate a bearish continuation to 0.5733 ❤️Please, support my work with like, thank you!❤️
✅EUR_CHF fell again to retest the support of 0.942 But it is a strong key level So I think that there is a high chance We will see a bullish rebound and a move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
I spotted a classic smc formation on USDCHF. The price violated a key support. The violation turned out to be a trap and the market returned above the structure with a strong bullish imbalance. We may anticipate more growth now. Goal - 0.873 ❤️Please, support my work with like, thank you!❤️
Pair just hit a two years old resistance. I'm opening a small short position and I will add if price action confirms the rejection: a double top or some other bearish pattern on lower timeframes. SL above the next resistance. This could be the beginning of a bearish triangle if the pair breaks down the 0.94 support. But let's see how it goes first.
Hi folks today I'm prepared for you Swiss Franc analytics. A few time ago price fell to resistance 2, which coincided with the resistance zone and trend line. After this, CHF rebounded from the trend line and tried to rise, but failed and in a short time declined lower than resistance 2, thereby breaking it. Next, the price reached the trend line and at once...
Hello Traders ! On The Daily Time Frame, The EURCHF Reached a Resistance Level. The Price Formed a Double TOP Pattern. Currently, -The Neckline is Broken. So I Predict a Bearish Move 📉 i'm Waiting for Retest... ----------- TARGET: 0.94820🎯
Currently, -The Price Pulled Back to 0.5 Fibonacci Retracement Level ! -and Formed a Bullish Falling Wedge -and Now it Will Continue its Bullish Movement ! ----------- TARGET: 0.54075🎯