Hey Traders, in today's trading session we are monitoring USDCHF for a buying opportunity around 0.90400 zone, USDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.90400 support and resistance area. Trade safe, Joe.
Hey Traders, in the coming week we are monitoring USDCHF for a buying opportunity around 0.90500 zone, USDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.90500 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring USDCHF for a buying opportunity around 0.91500 zone, USDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.91500 support and resistance area. Trade safe, Joe.
USD/CHF Retreats Amidst Positive US Data and Trade Tensions Introduction The USD/CHF currency pair is currently trading lower around 0.8910 during the Asian session on Friday, marking a retreat from its recent winning streak that commenced on Tuesday. This reversal comes despite the pair receiving upward support from robust US job data released on Thursday. In...
Hello There! Welcome to my new analysis about USDCHF on the 2-Day Timeframe Perspective. In the recent times, as I have spotted, USDCHF is converting more and more into a determining structure that is setting up a much larger price-action volatility-breakout than already seen before. Therfore, the next finalization-steps need to be confirmed for the major...
The USDCHF pair is seeing a dramatic price surge in September. The pattern post late 2022 is basically very similar to the previous Bear Cycle of 2019-2020. The bottom fractals in particular seem identical and the price is approaching the 0.5 Fibonacci rejection level. Trading Plan: 1. Sell on the current market price and another on the 0.5 Fibonacci...
Hey Traders, in today's trading session we are monitoring USDCHF for a buying opportunity around 0.90900 zone, USDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.90900 support and resistance area. Trade safe, Joe.
UC is our last pair for this week, as it stands we have a clear bullish range but as we have said on nearly all of our pairs we do expect the current moves that have ran over the last few weeks, until we actually break out of this trend we will keep following it until it does then we will change our bias and follow price as it moves. Remember to always read order...
USDCHF has recently provided us with an ending diagonal, signalling that the bottom is in. We are now looking for a retracement. The deeper the retracement, the better! Trade idea: - Watch for lower timeframe reversal patterns to indicate retracement has started - once entered, taper positions as we move lower towards the bottom - The longer term trade will be...
Hey Traders, in the coming week we are monitoring USDCHF for a buying opportunity around 0.9 zone, USDCHF was trading in a downtrend and successfully managed to break it out. currently we are waiting for a correction in order to see a potential retrace of the trend towards more highs. Trade safe, Joe.
USDCHF has been rising non-stp since the July 18th bottom on 0.85555 (S1). The 1D outlook is on straight bullish technicals (RSI = 61.656, MACD = 0.005, ADX = 40.729) and as the 1D MA50 has been turned into Support, we expect the rally to peak within the 1D MA200 and the inside LH trendline. That would be as close to the top of the twelve month Channel Down as...
Weakness is evident in the current wave and it does not have a high potential to cross this resistance zone. The possibility of returning from this area is high.
Hey Traders, in today’s trading session we are monitoring USDCHF for a buying opportunity around 0.89300 zone, USDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.89300 support and resistance area. Trade safe, Joe.
Hey Traders, in today’s trading session we are monitoring USDCHF for a buying opportunity around 0.88900 zone, USDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.88900 support and resistance area. Trade safe, Joe.
UC we got a nice tap in to our swing range POI last week which was telling us buy side movements are likely, now from here we are looking to see the high taken, we hit a pretty key level (c-swing poi) from there we closed out for the weekend, from open we are still looking for the high to be ran so keep this in mind as we head into our new week. Remember to...
USDCHF is trading inside a Channel Up since the start of August. At the moment the price is supported by the 4hour MA50. The 4hour RSI indicates that we may be replicating a consolidation pattern much like August's. You can scalp the 0.88950 - 0.89775 range as the upper limit in August was the 1.618 Fibonacci extension. Follow us, like the idea and leave a...
The USDCHF pair broke last week above the 1 year Channel Down and closed above the 1D MA100 (green trend-line) for the first time since November 09 2022. The price action has now completed five 1D candles above the 1D MA100 and the pattern that seems to be prevailing is a Channel Up (blue). With the 1D RSI hit 67.00, almost turning overbought, so our intension is...