Hello traders! ‼️ This is my perspective on USDCHF. Technical analysis: Here price respected perfectly previous analysis, but for now I expect we to see a pullback price to fill the imbalance lower. Like, comment and subscribe to be in touch with my content!
I believe we will have USD weakness next weak. As it showed us last week. So will be shifting my analysis to sell USDCHF instead of buying before.
USD-CHF was trading along The rising support line But now we are seeing A bearish breakout and The breakout is confirmed So I will be expecting A further move down!
“The franc is once more overvalued,” stated David Alexander Meier, economist at Julius Baer Group and pinnacle fourth-region FX forecaster in keeping with Bloomberg. Mr. David expects the franc to fall approximately 4% from modern tiers with the aid of using the quit of the yr while the Swiss National Bank (SNB) stops assisting the foreign money. This is extra...
Hello traders! ‼️ This is my perspective on USDCHF. Technical analysis: Here we have the confirmation of SH + BOS + FVG pattern. Price firstly raided buy side liquidity with a stop hunt then broke the structure and reacted from imbalance (FVG). I expect bearish price action to the support zone. Fundamental news: Next week is full of news in USA. Firstly on...
Plan for USDCHF for the coming week: I am waiting for the price to trigger my short zone, around 0.874/0.878. Here i will check for divergences on smaller timeframe, to increase my shorts. I placed a sell limit at 0.87650 considering that 0.877 is a strong resistance, and i expect a pullback anyways from there
📈 Market Analysis - Buy Opportunity 📉 USDCHF has recently broken the top (lower high) area of the downtrend line in the 4-hour timeframe chart. 📊 Expectations: Anticipate the pair to re-test key support levels as highlighted in the attached chart. 📊 Trading Strategy: This trade is rooted in a blend of technical analysis and candlestick patterns. It's a...
The dollar traded subdued in early European trading on Monday, with the US holiday keeping trading volume down as traders considered the possibility of an early interest rate cut by the Federal Reserve. At 04:35 ET (09:35 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1% higher at 102.242, at the start of the...
😇 7 Dimension Analysis Time Frame: H4, D1 1️⃣ Swing Structure: Bearish on both time frames 🟢 Structure Behavior: Break of Structure (BoS) 🟢 Swing Move: Corrective, indicating a nearly completed sideways move 🟢 Inducement: Liquidity sweep with a long wick candle 🟢 Decisional OB: Mitigated, resistance at CIP with a strong buildup post-breakout, indicating bearish...
Will USDCHF breakout Tomorrow? (after US Inflation report) USDCHF recently surpassed both its 50 and 100-hour moving averages, yet it remains confined within its 2024 trading range. Fluctuations between risk-on and risk-off sentiments keep the pair moving between 0.84635 and 0.85294. Initially, bullish optimism followed comments from Atlanta Federal Reserve...
Ellen Zentner, chief U.S. economist at Morgan Stanley, said: "The Fed will cut interest rates this year." But "the Fed can be patient and take its time." Morgan Stanley expects the Fed to cut interest rates for the first time at its June meeting. The Fed will keep interest rates stable for longer than the market expects. But if that happens, there will be...
Pair : USDCHF ( U.S Dollar / Swiss Franc ) Description : Bearish Channel as an Corrective Pattern in Long Time Frame and Rejection from Upper Trend Line. Completed " 1234 " Impulsive Waves. We have Break of Structure and Completed its Retracement
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 short. I expect price to continue the retracement to fill the imbalance higher and then to react from institutional big figure 0.85000. Fundamental news: Next week on Friday will be released NFP and...
The price has grabbed the liquidity from inducement zone. Wait for the price to reach the next Supply zone. Wait for the price to change its direction in the lower time frame for extra confirmation and go short. Happy Trading.
Hello traders! ‼️ This is my perspective on USDCHF Technical analysis: Here we are still in a bearish market structure, so I see price to continue the retracement to fill the imbalance higher and then to reject from bearish order block for a short position. Like, comment and subscribe to be in touch with my content!
Here is my analysis for USDCHF on H4 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
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 short from premium zone. I want price to continue the retracement to fill the imbalance higher and then to reject from bearish order block. Like, comment and subscribe to be in touch with my content!
A note from Bank of America's strategy department about the Fed follows The market was ahead of expectations of 5 interest rate cuts next year from the Federal Open Market Committee (FOMC) and even more (6) from the European Central Bank. BoA believes that expectations need to be tempered due to: Core inflation remains high And inflation risks are higher in...