In addition to my longer-term swing trade (if not already a position trade) in the form of a USDCHF long with a profit target of +760 pips, seen here I am also entering a "shorter-term" USDCHF long trade here at 0.83600, with a target of 0.87100. Thus a good +340 pips would be possible here. The probability that the weakness of the USDCHF will also come to...
I go long the USD vs CHF here from 0.843. I give the trade a high probability of 80% to be a winner, lets see! Once upon a time in an FX universe far, far away... The (supposedly) evil US(D) empire was pushed to the brink of defeat by the CHF rebellion, but "something" suddenly happened... ...life stirred into the USD again and it was sent back to fulfil its...
USDCHF shows a daily bullish bias after clearing significant structural resistance. Watch for exhaustion as it tests the next major resistance zone. My video demonstrates a potential long setup using a Fibonacci retracement. This analysis is for educational purposes and should not be taken as direct trading advice.
Hello traders, we want to check the USDCHF chart. The price is moving in an ascending channel and after failing to break the specified resistance level, it has had a correction to the specified support level. We expect this level to maintain the upward trend of the price and the price will once again grow to the resistance level. Good luck.
In the closing weeks of 2023, this pair experienced a significant sell off, plunging nearly 500 pips and breaking decisively below the September low. Reflecting on my July trade idea post, the market movement matched my expectations, though it did peak slightly higher than anticipated. So, what's next? As I mentioned back in July, following the rise above 0.88,...
Buying from support levels **This is just my trading thought process and does not constitute as financial advice. **Please trade with proper risk management**
USDCHF shows bullish divergence with price action in falling wedge pattern at 4H TF. High probability of price touching the strong support line and bounce back to at least top trend line of wedge. Placed 3 TP's with SL under the trend line and Buy Stop at the support line. What you think? Will it work?
Hello Everyone, hope you all are having a great weekend, quick update on #usdchf. Price have consolidated for couple of week due to low volume in the market. While Chf have been bullish over USD as chf is considered as one of the safe heaven currency index. In this uncertainty time investors have shown more interest toward chf and jpy, therefore tomorrows data...
The current correction is a response to the trend of the first wave, which returned in the golden zone, and now the first microwave is completed and it is completing the second microwave, which if it completes the correction in the first box or up to 50% Fibo, it can complete the third wave. Continue to the specified areas.
The market of USDCHF making continuation pattern and I believe that it will be rise more. Better to look buying opportunity on it.
Hello traders, we want to check the USDCHF chart. The price is moving in an ascending channel and the price is pulling back to a key level. We expect this level to play the role of a support level and maintain the upward trend of the price. If the price increases, our first target will be the price of 0.92200. Good luck.
Dear traders and Elliott Wave enthusiasts, as we delve into the intricate narrative of global economic dynamics, a tale of hope and opportunity unfolds on the USDCHF chart. Our scrupulous Elliott Wave Analysis has expertly navigated through a completed five-wave decline, now transitioning seamlessly into a corrective A-B-C pattern. This wave narrative is heralding...
⚡️USD/CHF snaps the two-day winning streak, trading lower around 0.8830 during the early trading hours in the European session on Monday. The Swiss Franc (CHF) is experiencing upward support despite Switzerland’s downbeat Gross Domestic Product (GDP) (QoQ) for the second quarter. ⚡️The Swiss GDP declined to 0.0% against the market consensus of 0.1%, which was...
✍️ NOVA hello everyone, Let's comment on USD/CHF price next week from 4-8/9/2023 🔥 World situation: The Swiss Franc is losing value as the USD gains support from an improvement in US business activity and bond yields. Despite a busy week in the US economic docket, the financial markets remain calm. The Nonfarm Payrolls figures for August were a mixed bag, with...
Educational Analysis says USDCHF trade set up according to my technical. This is not an entry signal. I have no concerns with your profit and loss from this analysis. Why this setup? Because USDCHF break downward facing top trendline in a 4-hour time frame which was respected by sellers for a very long time. The market is bearish but due to changes in structure...
🕛 Overview 😇 7 Dimension Analysis Time Frame: Daily 1️⃣ Swing Structure: Bearish 🟢 Structure Behavior: Breakout from Sideways (BoS) 🟢 Swing Move: Corrective 🟢 Inducement: Pullback, with liquidity swept by the last candle 🟢 Pullback Count: 2nd pullback, suitable for entry Extreme Order Block remains unmitigated Time Frame Confluence: Daily, Weekly, and Monthly 🟢...
Here is my analysis for USDCHF on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Hello traders, we want to check the USDCHF chart. The price is moving in an ascending channel and has pulled back to the key level indicated. We expect this level to maintain the upward trend of the price and cause further price growth. We expect the price to grow to around 0.87900. Good luck.