Waiting for a retest of 0.89537 to short USDCHF back to key Daily level at 0.87815 If you agree drop a like and if you have any questions leave a comment :)
Hello traders! ‼️ This is my perspective on USDCHF. Technical analysis: As I expected in my previous analysis price delivered bearish move. Now I wait for a retracement price to fill the imbalance higher and then to reject from bearish order block + institutional big figure 0.90000. Like, comment and subscribe to be in touch with my content!
FX:USDCHF lost more than 100 pips in the previous session, due to the downbeat US inflation data. The USD/CHF pair extends the losses, trading near 0.8870 during the European session on Wednesday. A decisive break below the latter could push the USD/CHF pair to reach the support region near 0.8800 psychological level lined up with September’s low at 0.8795. The...
📈 Short-term USD/CHF Buy Signal 📈 Recent USD weakness suggests a potential short-term buy opportunity for USD/CHF. Watch historical levels, set risk parameters, and stay informed for a strategic trade. Good luck! 💼📊💹
The FX:USDCHF plunged sharply on Tuesday, more than 1.40%, with the pair dropping to new two-month lows of 0.8879 after hitting a daily high of 0.9027, sponsored by soft US economic data. At the time of writing, the pair trades at 0.8883, down 0.07% as Wednesday’s Asian session begins. The daily chart portrays the pair with a bearish bias. The USD/CHF drop...
Hello traders! ‼️ This is my perspective on USDCHF. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for a short position. I expect bearish price action from here as price almost filled the imbalance and rejected from that zone. My target is sell side liquidity around 0.89500. Fundamental news: Next...
supply zone: 0.9045-75, stop loss above 0.9072, i.e. 0.9090, target: 0.8940
Supply zone: 0.9045-75, stop loss: 0.9090, target: 0.8940
If we look at usdchf on weekly time frame we see a bearish trend, and at a current weekly state it is a continuity price movement to the downside we should anticipate. On H4 time frame we exhibit price undergoing shift of market structure to the downside around the premium pricing area, so now we would go down to 15m time frame and oversee a confirmed price action...
JPMorgan: In the future, CHF might be "more expensive" Although there are obstacles that could hinder the franc's ascent, they don't seem to be halting it as of now. Furthermore, even if the currency has witnessed the largest short-selling bets in the past two years as the surge continues, any increases in Middle East tensions or central bank action might drive up...
USDCHF Sell. I anticipate the price to continue its current direction, capturing the liquidity it left behind before reversing. After reaching TP1, secure partial profits and adjust the Stop Loss to the Entry (break even) point.
Observing USDCHF, we can identify a minor downtrend along with a liquidity zone that the bank has yet to absorb, which was left behind in the past. Can we anticipate a continuation of the price movement within this trend? The take profit level has been set at 0.89804.
I have just taken a sell position on USD/CHF expecting some strong selling pressure over the next coming weeks. From a technical perspective we can see price has come into 0.90000 level which is a key area of daily / weekly resistance where in the past the market has reacted to favourably. I am expecting again a strong reaction from this area. I will not be...
Several hawkish Fed policymakers spoke on Tuesday, saying that the tightening of financial conditions since July (10-year Treasury yields have risen more than 100 basis points) is likely to affect the economy, although it will take some time to become apparent. It was suggested that it may have a debilitating effect. Is this sustainable? "We've seen some...
Well, as you can see, the price dropped after sweeping the liquidity and creating a valid order block. On the other hand, the price broke the previous low and shifted the market structure so now we searching for sell. There is a breaker block that the price entered into, if the price can break this breaker block we can expect to move higher to the bearish order...
#usdchf forming lower low and lower high on daily basis. Secondary supply zone: 0.9055, Primary supply zone: 0.9090-95, stop loss: 0.9130, target: 0.8940.
As it is clear from the chart, USDCHF hits a higher high near 0.91 and at Friday we can clearly see a Market Structure Shift from bullish to bearish … the target for the down trend move is 0.888 and there is a 4H FVH above current market price which can make be a good sell setup entry.
As traders reinforced their wagers that the Fed would stop hiking interest rates, the USD index and dollar index futures both dropped 0.5% in Asian trading, prolonging losses from the previous day. Chairman Jerome Powell adopted a less hawkish posture than markets had anticipated by admitting that monetary conditions had tightened somewhat in recent months, even...