Hello traders! ‼️ This is my perspective on USDCHF. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for a long. I wait price to make a retracement to fill the imbalance lower and then to react from support zone. Fundamental news: Next week is full of news with impact on USD and CHF. On Tuesday we will...
Pure technical analysis We think the picture speaks for itself. Wait for USDCHF create Change of Character in the short red line, wait for the price to pullback to the red line area and set sell position to 0.5 - 0.618 fib zone. In this area, put buy limit order and set take profit at the previous high (fresh minor resistance). Cancel setup in change of...
usdchf has been in a correction for weeks in a overall down trending market. since i understand the phases pf the market i know that after a correction comes an impluse so now ill be waiting on the impulse to the downside. *USDCHF short
📉 USDCHF Bearish Trade Setup - Potential Reversal at FVG Order Block SMC 🔍 Technical Analysis: USDCHF is approaching a significant area on the chart known as the FVG (Fresh Virginal Ground) Order Block, coupled with the SMC (Smart Money Concept) signal. Historical price action indicates this zone has acted as strong resistance in the past. Key technical...
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.
In time h2, it is moving in a downward channel, which is located in the support zone, which, if confirmed, can continue to correct until the golden zone of the previous wave after retesting the ceiling of the channel. ----------------- Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade...
the daily trend of USDCHF is down, creating a potential supply zone 0.87280 - 0.86830 on 4H time frame could possibly push price to the down side 0.85767 or demand zone 0.85209 - 0.84902. the 4H supply zone has align with the daily down trend for a short term sell.
Swiss Franc Resilience: USD/CHF Faces Headwinds Amid Economic Disparities In the realm of global currencies, the Swiss Franc (CHF) stands out as a resilient force, navigating economic landscapes vastly different from its European neighbors. Recent data reveals a slip in Switzerland's Producer and Import Prices in December, impacting currency dynamics. This...
USD/CHF Retreats Amidst Lower US Treasury Yields The USD/CHF currency pair is currently navigating a complex landscape, marked by a pullback in the US Dollar, potentially fueled by lower US Treasury yields. Despite the initial cheers from hawkish remarks by Federal Reserve officials, the Greenback finds itself facing challenges, with risk aversion sentiment...
The USD/CHF pair on the H1 chart exhibits a bearish signal suggesting a potential decline in the coming hours. A recent downside breakout from a descending channel pattern could offer a shorting opportunity. Key Points: Descending Channel Breakout: The price has been trending downwards within a channel defined by two falling lines, one for resistance and one...
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!
price broke 0.8650 below as a CHoCH. supply zone for short 0.8663-83, stop loss: 0.8700, target: 0.8565
“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...
Currently trending Bullish so ideally I would prefer to look for a long once the 4h closes above structure and blue zone with a retest and higher high close on a smaller time frame. Alternatively I would look for a position if the 4 h candle pulls back and rejects from the blue or yellow zones with a 1h bullish engulfing close
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...
OANDA:USDCHF USDCHF (H4) Reacts negatively to the 0.618 Fibonacci zone of the previous down wave. With a bearish red candle, we can execute the order: Sell now at 0.86692 SL at 0.86866 TP1 at 0.86541 TP2 at 0.86364 TP3 at 0.86120 Note: capital management 2%