Today the market was expecting the PCE data. As we saw they came in above expectations and in line with the previous month US Core PCE inflation holds steady at 2.8% vs. 2.6% expected The high expectations related to the inflation rate are rising the assumptions that the FED may keep the rates unchanged for a longer period. This is boosting the USD in the short...
Hello,Friends! We are now examining the USD/CHF pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 0.895 level. ✅LIKE AND COMMENT MY IDEAS✅
i think the price of FX:USDCHF will blow up in this range price SIGNAL:BUY TP1:0.91379 TP2:915335
Preferred direction: SELL Comment: The US dollar has started a long-awaited correction, but the franc and a number of other major currencies have so far kept away from growth. One such currency is the franc. Here, we continue to adhere to sell-priority. The focus is on the sport resistance level at 0.91424 to which the price is currently stuck. Main ...
TP: 0.88932 SL: 0.91649 In this trading strategy, we present a compelling opportunity for a long position on the USDCHF currency pair, focusing on the 1-hour timeframe. By incorporating key technical indicators such as the Exponential Moving Average (EMA) 200, Moving Average Convergence Divergence (MACD) for trend analysis, and Supertrend for entry signals,...
📈 USDCHF Analysis: Potential Breakout Opportunity Ahead Hey Traders! 👋🏼 Let's dive into the exciting action on USDCHF! 🚀 🔍 Current Situation: USDCHF is currently in the midst of a powerful bullish trend on the daily timeframe. As we speak, it's testing a crucial horizontal resistance level. 📊 This moment could be pivotal! 💡 Trading Strategy: I'm on high alert...
In the bigger picture, price actions from 0.8332 medium term bottom as tentatively seen as developing into a corrective pattern to the down trend from 1.0146 (2022 high). Further rise would be seen as long as 0.8727 support holds. But upside should be limited by 0.9241 resistance, at least on first attempt. However, decisive break of 0.9242 will argue that the...
In time D1, it is moving in a descending channel. According to the type of structure and behavior after the break of 1.618 fibo, the previous wave is currently continuing its upward path after the pullback. The type of corrective structure is not observed in that micro wave and it has good momentum (according to the behavior of the dollar index #DXY , this...
USDCHF is only taking a breather before returning to the upward trend.
A #short trade opportunity recently presented itself on the #dollarswissy (#USDCHF) #trading chart 📉. This is indicated by the #bearish harami candlestick 🕯️ pattern just below the 0.91593 horizontal resistance level. This indicates a rejection of the same level, with potential price move in the downward ⬇️ direction (#sell). Sufficient downward momentum should...
USDCHF forming Double Top with Bearish Divergence. Time to short for possible gain. This is not a Financial Advice DYOR.
Hello Everyone, The USD/CHF has hit a peak, and the long-term outlook for this pair suggests a bearish trend, potentially leading towards the 1-year support level. To validate this bearish momentum, we require a sustained position below the 1-day pivot point (PP), and eventually, the same confirmation below the 1-week PP. While this projection seems solid, its...
The USD/CHF pair is approaching a key order block zone, showing signs of waning buying pressure. It appears primed for a pullback to retest the last significant bullish pivot. Keep an eye on this area for potential trading opportunities.
] USDCHF is trading in a strong bullish trend on a daily. The price is currently testing a key horizontal resistance. I am waiting for its breakout - a daily candle close above, to buy. Bullish violation of the underlined blue are will give us a strong bullish signal that will push the prices at least to 0.92 level ❤️Please, support my work with like, thank you!❤️
Sell from a pivot point confirmation? 3rd touch
USDCHF made a rising wedge pattern and made RSI divergence. So it seems it will be bearish.
All analysis is listed on the chart, buy if you wish. Sorry for the false signal on the previous idea, hope this makes it up.
FX:USDCHF looks stronger than the dollar. The Swiss franc is weakening strongly due to fundametal reasons. The bullish trend may continue with a break of 0.9142 On D1 earlier we saw a trend change, after which the market went into a consolidation phase and reached 0.9147. The market resistance continues to hold the price, but against the background of...