USDCHF has under-performed in the broad USD rally. Interest rate differentials for both 10 and 2y maturities imply USDJPY should trade above parity. CHF remains a risk sensitive currency but the magnitude of the moves are smaller than for the JPY. Expectations for fiscal easing in the US are helping the USD and risk appetite, which is good for this currency...
USDCHF, like many of the USD pairs has exploded up to 1.382 extensions and so I am looking ahead to my final target of longing the USDCHF up to 0.98600. Trade #1: I will wait for price to retrace back down to 0.97125 before looking to go long for 50 pips. Trade #2: Once price hits 0.97650 I will be looking for reasons to short back down to 0.96860 for 80...
SUMMARY: The USDCHF pair bounced slightly during the course of the day Wednesday, using the 0.9733 level as support. At this point in time, the market is looking bearish. The primary trend of USDCHF is bearish on charts and price is trading below its support trend line in its hourly chart. In its daily chart the price is sustaining below 100 day SMA that are...
- Broken trend line on 4hr time frame and daily - In daily we just crossed over the overbought area in RSI - MACD about to cross in daily and it already crossed in 4hrs - Ratio so good I don't know what to do with myself. - DXY also broke a trend line to the downside, so am expecting dollar to weaken
Sell signal possibiltiy if breaks trendline. Pull back first tp .97158. FIb level. safe trade SL above the previous resistance level First tp @ 0.97518 area. Gl
We expect USDCHF to sink on weekly basis. *CCI is sinking *RSI is sinking *STOCHASTICS RSI is sinking We would like to short USDCHF bellow: 0.9906 SL: 0.9921 TGT 01: 0.9870 TGT 02: 0.9854 TGT 03:0.9803. [b ]Caution: The above is our personal view. Neither a recommendation nor a tip nor an advice for trade. Please consult your personal financial advisor before...
USD/CHF ( DAILY ) RECOMMENDATION: SELL SUMMARY: The secondary trend of USD/CHF is bearish on charts and price is trading below the trend line in its daily chart. In daily chart the price is sustaining above 200 day SMA and taking resistance of 50 day SMA indicating downtrend of the pair. It is having an important resistance at the level of 1.0005 and support...
USDCHF Poised to go up. There are many reason why we feel USDCHF may rise. 01. It could not touch quarterly sell level. 02. Hammer & Bullish Engulfing pattern in daily Chart. 03. To rise and clear quarterly targets it has to come down to gain momentum for up move. 04. Stoch RSI (3,3,14,Close) clearly states the USDCHF may rise. 05. RSI(14,CLOSE) Is also of...