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...
Trade Details Sell Limit Entry: 0.90659 Take Profit 1: 0.89861 Take Profit 2: 0.88889 Take Profit 3: Stop Loss: 0.90844 Key Notes Order flow: Bearish Trend: Bearish Structure: Broken Entry at order block (supply) Disclaimer: This is just a sample template and should not be used as financial advice. Always do your own research before...
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!
If you read my trade setup on this pair from July, I had predicted a decline below 0.86 followed by a rebound surpassing 0.88, settling within the monthly range. The lowest point reached was 0.855, followed by a consistent bullish trend for 12 consecutive weeks. As a result, the price appears overbought as it enters a Weekly SUPPLY/SELL zone and approaches a...
USDCHF Completed Double/Triple Top Formation. For Safe Entry, we will take the trade at the break of Neckline. Keeping stopLoss Above recent HH.
Do you think the USDCHF pair will continue to develop in an upward direction, disrupting the market structure? Let's analyze with Krado. 1. The dollar has had an impressive recovery in the past week, along with the increasing momentum of DXY, influencing currency pairs with USD. 2. The Fed announced that it lowered its inflation target to 2%, so what will wait...
SELL @ 0.89150 Sl @ 0.89600 Tp @ 0.87000 Expecting a trend reversal.
As we are in choppy and consolidation market, expecting a move to arrive for the downside and target 0.8660. we are in a deep long term bearish trend which I expect to resume once we get out of consolidation phase. Expecting Price to Retest its resistance level around 0.8830 level once more before declining.
USD-CHF has hit a resistance Cluster of the falling and Horizontal resistance lines At around 0.88370 from where We are seeing a bearish Reaction so I think that We will see a further Local move down ! OANDA:USDCHF
Today is an important event CPI at 8:30am Newyork time, Expecting a first move to be a manipulation one and after that price should drop down towards the target level. As per experience we should always wait for the event to get over and then should take position in a respective trade setup.
Lat week we saw USD/CHF pull back from the 0.8800 area, after its rally stalled around 0.8800, the 50-day EMA and failed to rest the May low. Prices have drifted higher during Monday's Asian session, but seemingly hesitant to break above the 2021 low. The bias remains bearish beneath last week's high and for a move to 0.8600. Who knows, if US CPI comes in soft...
DXY is not strong enough to handle CHF. I believe it will after retracement. Better to look sell setup on it.
Hey Everyone, let me talk you through the charts, based on what I have seen price remained bullish throughout last with mainly due to DXY. Price have dropped in AB=CD pattern where we expect price to drop further after completely the last touch to 'POI' OR ' POINT OF INTEREST'. Once price drops as described over the chart, we would expect price to reverse at over...
wave 1 looks complete. now it tends to enter wave 2, correction wave. when the price goes higher than the invalid area, then this analysis will fail and the price will return to bullish. then what happens is a simple correction. it is possible that the price drops until the SnD below.
USDCHF is not looking bullish, CHF is much stronger against the USD. I believe it will fall more in coming week and may be it will moved in sideway.
USDCHF intraday trading alert 3 simple steps to find a quality setup! Risk Reward Ratio 1:2 Anyone same idea with me? SELL USDCHF Good luck traders...
The USDCHF pair continue falling since many weeks. Every time it made higher low and lower low. At the current situation, I believe USDCHF again make new lower low. Better to look selling opportunity on it.
Here is my view for USDCHF on H1. 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!