USD-CHF Local Short! Sell!
Hello,Traders!
USD-CHF is going up to retest the horizontal resistance
From where I am expecting a local bearish reaction
And a bearish correction with the target of retesting
The demand level below
Sell!
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Swissfranc
CAD-CHF Long From Support! Buy!
Hello,Traders!
CAD-CHF is trading along the long term rising support line
And now the pair is retesting it
So I think that we will see a rebound
And a local move up from support
Twards the higher supply levels above
Buy!
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USDCHF: Key Level & Short Trade 🇺🇸🇨🇭
USDCHF is testing a strong intraday resistance cluster.
On that, the price formed a head and shoulders pattern and successfully broke its neckline to the downside.
After its retest, I expect a bearish move to 0.91796 / 0.91593
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Today’s Notable Sentiment ShiftsSafe-Havens – USD, JPY and CHF eventually strengthened on Monday, as Russia stated there were no concrete plans for a summit with the US and called for the immediate recognition of two breakaway regions in eastern Ukraine.
Commenting on the rise in tensions over Ukraine, Reuters also noted that “Russia’s FSB security service said a shell fired from Ukrainian territory had destroyed a border guard post, while Ukrainian authorities warned that hackers were preparing to launch major attacks on government agencies, bank and the defense sector on Tuesday.”
Today’s Notable Sentiment ShiftsSafe-Havens – JPY and CHF climbed to two-week peaks on Thursday, supported by escalating Russia-Ukraine tensions that could have economic repercussions worldwide.
Referring to earlier reports of a mortar strike in Eastern Ukraine, Western Union summarized that safe-havens were outperforming because “today’s geopolitical development dampened hopes for a diplomatic deal to avert military action around Ukraine.”
GBPCHF: Update! Confirmed Breakout🇬🇧🇨🇭
Hey traders,
As you remember we were looking for shorting opportunities on 🔻GBPCHF.
The confirmation that we needed was a breakout of a support line of a rising wedge pattern.
Finally, it is broken.
After its retest I expect a bearish movement to 1.2425 / 1.234 levels.
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Today’s Notable Sentiment ShiftsSafe-havens – USD, JPY and CHF eased on Tuesday as Russia announced some of its troops were returning to base after exercises near Ukraine, reducing some investor anxiety over the potential invasion.
CIBC explains that “the big story overnight is the feeling of de-escalation on the Russia-Ukraine border, so that’s taking out some of the premiums that had been priced into the FX and really the macro space since Friday afternoon.”
USD-CHF First Up Then Down! Sell!
Hello,Traders!
USD-CHF is trading in a range
Between the horizontal support and resistance
And I think that after the pair retest the resistance again
We will see a move down to retest the support level below
Sell!
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See other ideas below too!