CHFJPY reached a solid horizontal daily support. After its test, the pair started to consolidate on an hourly time frame within a narrow horizontal range. The support of the range was broken then. It is an important sign of strength of the sellers and it signifies a highly probable pullback. Target - 165.63 ❤️Please, support my work with like, thank you!❤️
CHFJPY is trading inside a Channel Up, which made on October 3rd the latest Higher Lon on the 1day MA100. The price is already near Resistance A (166.550) and the 1day RSI bullish above the 60.00 level. Buy and target 172.000 (less than the previous -9.60% rise). Previous chart: Follow us, like the idea and leave a comment below!!
Hello Traders ! On Friday 29 Sep, The NZDCHF Price Reached a Supply Zone (0.54738 - 0.55028) Currently, The Price Formed a Double Top Pattern. The Neckline is Broken. So, I Expect a Bearish Move📉 i'm waiting for retest... ----------- TARGET: 0.52950🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
EURCHF is trading inside a Channel Down since January and recently priced the latest Lower High. We approach Support (1) which is a level that has held since July 27th. Trading Plan: 1. Buy as long as a (1d) candle doesn't close under Support (1). 2. Sell if it closes under it. Targets: 1. 0.96500 (top of Channel Down). 2. 0.93800 (-3.30% decline from the top,...
Hello Traders ! On 29 Friday September, The AUDCHF Price Reached A Resistance Level (0.59166 - 0.59294). Currently, The Price Failed To Create a New Higher High. The Last Higher High is Broken (Break of Structure). The Support Line is Broken. So, I Expect a Bearish Move📉. ----------- TARGET: 0.57420🎯 ___________ if you agreed with this IDEA, please leave a LIKE,...
Hello,Traders! NZD-CHF broke the key Horizontal level of 0.542 Which is now a resistance So we are bearish biased Now and I think that A move down is To be expected Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hi Traders! On The Daily Time Frame, The CADCHF Price Reached A Strong Resistance Level (0.68135 - 0.68320). Currently, The Price Failed To Create a New Higher High. The Last Higher High is Broken (Break of Structure). The Support Line is Broken. So, I Expect a Bearish Move📉. ----------- TARGET: 0.66300🎯 ___________ if you agreed with this IDEA, please leave a...
Hello Traders! On The Daily Time Frame, The CADCHF Price Reached A Strong Resistance Level (0.68135 - 0.68320). Currently, The Price Failed To Create a New Higher High. The Last Higher High is Broken (Break of Structure). The Support Line is Broken. So, I Expect a Bearish Move📉. i'm waiting for retest... ----------- TARGET: 0.66300🎯 ___________ if you agreed...
The NZDCHF pair has been trading within a Falling Wedge pattern since the March 28 2022 High. As you can see the two so far corrective waves have followed a similar Lower Lows structure. The price is currently on the bullish leg to the Lower Highs trend-line, supported by both the 1D MA100 (green trend-line) and the 1D MA50 (blue trend-line). The 1D MACD Bearish...
Hi guys, this is my overview for USDCHF, feel free to check it and write your feedback in comments👊 Recently price started to grow inside rising channel, where it rose to $0.9215 resistance level, breaking $0.9100 level. But then price at once bounced down and fell to $0.9100, which coincided with resistance zone, exiting from channel. After this, Swiss Franc...
GBPCHF is testing a wide daily horizontal demand zone. To buy that with a confirmation, pay attention to a double bottom pattern on a 4H time frame. 1.11 is its neckline. We need a 4H candle close above that to confirm the strength of the buyers. Buy aggressively or on a retest, then. Target will be 1.1135 ❤️Please, support my work with like, thank you!❤️
The CADCHF pair is trading within a 5-month Rectangle pattern. Following the rejection on the 0.68310 Resistance and establishing the price action below the 1D MA200 (orange trend-line), it should begin the final bearish phase towards the 0.64600 Support. The 1D MA50 is in between but after the 1D MACD formed a Bearish Cross, it shouldn't hold. Our target is...
EURCHF is trading inside a Channel Down that priced the latest Lower High at 0.969650 (Resistance A). That is confirmed by the Sell Cross formation on October 5th, the highest formed since January 31st. Sell and target 0.94100 (Support A), even though we can decline a little more (-3.25% was the previous bearish leg). Previous chart: Follow us, like the...
Hello Traders! On 29 Friday September, The AUDCHF Price Reached A Resistance Level (0.59166 - 0.59294). Currently, The Price Failed To Create a New Higher High. The Last Higher High is Broken (Break of Structure). The Support Line is Broken. So, I Expect a Bearish Move📉. i'm waiting for retest... ----------- TARGET: 0.56750🎯 ___________ if you agreed with this...
Take a look at a strong rejection from a key horizontal daily resistance on AUDCHF. After a test of 0.5925 level the market dropped and violated a support line of a rising parallel channel. Taking into consideration that the pair is trading in a long term bearish trend, probabilities are high that the market will drop now. Goals: 0.577 / 0.567 ❤️Please,...
Hi folks today I'm prepared for you Swiss Franc analytics. A short time ago price traded near the 0.8955 support level, which coincide with the support zone, but later it fell below this level to the trend line, where at once rebounded and started to grow. Price rose to 0.9210 resistance level, which coincided with the resistance zone, but at once rebounded down...
AUDCHF may have crossed over the 1W MA100 but eventually failed, also on the 0.5 Fibonacci level, and appears to be reversing. The technical outlook on the 1D time-frame is neutral (RSI = 55.574, MACD = 0.003, ADX = 42.778), so it is a valid sell entry. On top of that, every LH inside this 15 month Channel Down (exception Jan 23rd 2023) has been around the 0.5...
USDCHF is very bullish and trading in a long-term bullish trend. After reaching 0.922 level, the pair started a correctional movement within a falling parallel channel – a bullish flag. Its resistance violation is a strong bullish signal. I anticipate growth to 0.916 / 0.919 levels. ❤️Please, support my work with like, thank you!❤️