USD/CHF is falling towards a pullback support and could potentially bounce off this level to rise towards our take-profit target. Entry: 0.87842 Why we like it: There is a pullback support that aligns with the 50.0% Fibonacci retracement level Stop Loss: 0.87423 Why we like it: There is a swing-low support level Take Profit: 0.88361 Why we like it: There is a...
Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 0.8819, which is an overlap resistance. Our take profit will be at 0.8769, an overlap support level The stop loss will be placed at 0.8859, which is an overlap resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk...
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
Today I will be analyzing indices and USD pairs. I expect some USD strength next week. Disclaimer: This is just my analysis which of course can be wrong. So do your own analysis before investing or trading
Hello traders, we want to check the USDCHF chart. The general trend of the market is up, but the price is making a correction after hitting the specified resistance level. We expect the price to fall to the specified support level. Good luck.
The price of USDCHF will most likely increase soon enough, due to the demand beginning to exceed supply which we can see by looking at the chart of the pair. ❤️ Please, support our work with like & comment! ❤️
USDCHF is looking bullish with multiple confluences mention in chart
Preferred direction: BUY Comment: The situation for the franc differs in many ways from other major currency pairs, and is more reminiscent of the situation for the Japanese yen . Here the franc continues to remain an outsider among the majors, not taking into account the Japanese yen . Even in the event of another short-term weakening of the US dollar ,...
USD/CHF could fall towards a potential breakout level and fall lower towards our take-profit target. Entry: 0.87713 Why we like it: There is a potential breakout level (price is exhibiting a potential descending triangle pattern which is typically bearish) Stop Loss: 0.88214 Why we like it: There is a pullback resistance level Take Profit: 0.86755 Why we like...
Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 0.8810, which is an overlap resistance. Our take profit will be at 0.8752, above the 78.6% Fibo projection. The stop loss will be placed at 0.8847, which is a pullback resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high...
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...
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 0.8780, which is a pullback support. Our take profit will be at 0.8810, an overlap resistance. The stop loss will be placed at 0.8742, which is an overlap support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be...
💵Pair Name USD/CHF Time Frame : 4 hrs Scale Type : line chart + Candle Stick ------ 🌐 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money 🔗 Key Technical / Direction ( Short ) Mid Term Type : Mid Term Swing —————————— Bearish...
🏃♂️ 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...
USDCHF is currently in a bullish trend. Price is forming a bullish flag pattern, indicating a potential continuation of the uptrend. The pair is finding support at the 50% Fibonacci retracement level, adding confluence to the bullish bias. What you guys think of this idea ?
Hey Traders, in today's trading session we are monitoring USDCHF for a buying opportunity around the 0.88000 zone. USDCHF is currently in an uptrend and approaching the critical 0.88000 support and resistance area. Now, let's dive into the fundamental analysis shaping this trade. On one hand, recent CPI data in the US has shown signs of strength, suggesting...
Based on the H4 chart analysis, we can see that the price has just bounced off our buy entry at 0.8806, which is an overlap support. Our take profit will be at 0.8892, which is a swing-high resistance level. The stop loss will be placed at 0.8725, which is an overlap support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high...