USDCHF Intraday forecast for thursday 18 feb 2016
The USDCHF pair has been doing lots of harmonics recently. After the most recent down leg, a retracement should be in order. The entry signal is a completed bullish Gartley pattern on the daily chart, in confluence with a 1.27 retracement of a nestled bat pattern, and a 61.8 retracement of an imperfect Crab before that. It is reinforced by the inverted hammer...
Sorry guys....... the USD/JPY went horribly wrong, let me make up for it with this one! The primary trend of USD/CHF is bearish on charts and price is trading below the trend line in its hourly chart. In four hourly chart the price is sustaining below 200 day SMA and below resistance of 50 day SMA indicating downtrend of the pair. It is having an important...
USDCHF: We expect USDCHF to stay on sell side The close .9903 is very much lower than our weekly sell level. Target 01 @.9849 Target 02 @ .9810. There is a major confluence level of .9753 to .9689 on the lower side.
A very interesting setup on the USD/CHF daily chart. A bearish bat has just completed and is retracing, currently being held by the 50% fib level from A to D. A good point to enter would be after price tests and holds either the 38.2% or 23.6% levels (blue arrows on chart). Stop loss above D leg of Bat at 1.025555. Profit targets at confluence of Crab and Bat...
USDCHF is poised to go up to 1.3460 January 2016 has been hectic for USDCHF. USDCHF failed to sustain 1.1234. buy level on 05 January 2016. next days Red candle was a confirmation for it to sink to level of .9960. the market made a low of .9878 on 11 January 2016. and bouncing back sharply. USDCHF is now poised to reach 1.3460. Caution: The above is our...
USDCHF has finally met my set up after a long waiting. The market is on a strong uptrend (based on 200ema) It has experienced a pull back and currently the price is on the buy zone (the space between 20ema and 40ema) There is now waiting. I will take a long position targeting 20 pips. Lets wait and the if the market will favour us.
This is reference for my USDCHF trading plan. major support and resistance is the trend line (Blue line) zigzag line (purple) is just reference for pattern formed inside the trend line.
USD/CHF climbed to fresh weekly highs above 1.1000 as the franc weakened following comments from a top SNB official saying the currency remains "considerably overvalued". Swiss National Bank Vice Chairman Fritz Zurbrügg said on Wednesday that the franc remains considerably overvalued and the SNB is willing to intervene in currency markets if necessary. USD/CHF...
Hello Traders! Happy New Year! We would like to present, intraday forecast - 6S (USDCHF mirror) on january 2016y, as an additional EWA, confirming 6E (eurusd) intraday forecast, within the correlation method of analysis. Besides, take a look at forming model of B.Wolfe's waves. Methods of price analysis: EWA/EWP, Market Profile, Delta&Cluster, Volume ,...
A breakout followed by pullback. Add to that, a symmetrical triangle breakout.
Missed this one earlier but still in a good position for a short term buy.
The detailed addition to the USDCHF currency! Market's target 1.00100. T/P 0.99600, S/L 0.98100
I used this graphic candle pin bar to open my signal, using as a target can rebound on the trend line and how to stop maximum pin