Preferred direction: SELL Comment: The opinion and trading setup for the Japanese yen also remains the same. In the short term, all this will most likely be a small, but downward movement towards levels 153 and 152 . The two previous scenarios are relevant for today, as already mentioned. Scenario №1 - sales at current prices, and scenario №2 - a...
Preferred direction: SELL Comment: The shorter-term trade on the franc remains in effect. Here, selling outflowing levels is expected (scenario №1), as well as from the level of 0.91424 (scenario №2) . It should be noted that the franc is not the most attractive currency to buy against the US dollar, however, selling priority on the currency pair is more...
Preferred direction: SELL Comment: After another price fixation at the level of 1.36000, we are again considering an approach to this level through two scenarios. It should be noted that a fall below 1.36000 is not expected, so it will be very important to exit on time. The most likely scenario №1 involves a fall actually from current prices near the...
Today's FOMC is clearly bullish for USDCHF. The price broke and closed above a resistance line of a wide accumulation range on a daily time frame. It opens a potential for a further bullish continuation now. Next resistance - 0.919 I suggest waiting for a pullback before you buy. ❤️Please, support my work with like, thank you!❤️
Our bias is for the US dollar index to rise to 105 over the near-term. The daily chart respected trend support from the December low, and the 4-hour chart shows a small ascending triangle which implies a break above resistance. Out of the FX majors, USD/CHF looks ready to break above resistance and lead the dollar broadly higher. Bears could also consider a short...
In time 4H, it is moving in an ascending channel. According to the previous analysis, he made corrections up to the target range of the bottom of the channel. 💎 But now, after the failure of the resupply zone, it has been directed to the floor of the channel, which, if supported in the green box area (the previous ceiling), can continue to move up to the midline...
My dear friends, My technical analysis for USDCHF is below: The market is trading on .0.9097 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target -0.9067 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend...
A #short trade opportunity recently presented itself on the #dollarswissy (#USDCHF) #trading chart 📉. This is indicated by the #bearish engulfing candlestick 🕯️ pattern just below the 0.91081 horizontal resistance level. This indicates a rejection of the same level, with potential price move in the downward 👇 ⬇️ direction (#sell). Sufficient downward momentum...
Hey Traders, in today's trading session we are monitoring USDCHF for a selling opportunity around 0.91000 zone, USDCHF was trading in an uptrend and successfully managed to break it out, currently is in a correction phase in which it is approaching the retrace area at 0.91000 support and resistance area. Fundamentally there is a decent between USD and CHF talking...
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 0.900 level. ✅LIKE AND COMMENT MY IDEAS✅
Here I have USD/CHF on the Daily Chart!! Now given its remarkable rise to its current HIGH @ .92242, followed by the strong drop to the LOW @ .9005 .. This week we've seen Price make a Fibonacci Retracement back to the Golden Zone meaning price is CORRECTING AFTER THE IMPULSE ELLIOT WAVE!! Now with Price working past our LOW, we could see price drop as low as...
Preferred direction: BUY Comment: The previous long trade in silver was successfully closed at take profit, but we continue to actively adhere to short-term buy priority. Current prices are perfect for this and one can safely consider purchases with a goal of at least level 31 (scenario №1). In the event of a sharp change in market sentiment, one can...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 0.1939, which is a pullback resistance close to 127.2% Fbo extension and 61.8% Fibo retracement. Our take profit will be at 0.9028, a pullback support level. The stop loss will be placed at 0.9226, a swing-high resistance level. High Risk Investment Warning Trading...
USD/CHF is rising towards the pivot and could potentially drop to the 1st support. Pivot: 0.9096 1st Support: 0.8990 1st Resistance: 0.9150 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure...
Take a look at our analysis for USDCHF. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 0.908. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 0.905 level. P.S The term...
My dear subscribers, My technical analysis for USDCHF is below: The price is coiling around a solid key level - 0.9045 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 0.9101 My Stop Loss - 0.9012 About Used Indicators: By the very...
Hello traders! ‼️ This is my perspective on USDCHF. Technical analysis: Here we are still in a bearish market structure as price did not break previous high, so I expect we can see bearish price action after price rejected from liquidity zone + institutional big figure 0.91000. My target is imbalance filled + order block. Like, comment and subscribe to be in...
The Monthly +FVG was filled, then the CISD was formed. Price traded through the BB, forming the +FVG on the way. I am expecting the BB+FVG to hold, and price to move higher from here next week. Like and Subscribe if you'r picking up what I'm putting down. Thank you for viewing.