USDCHF LONGUSDCHF
long position : if you want to use this analysis just risk 1 percent nad set Sell stop and take profit.
Usdchfanalysis
USDCHF is ready to Jump by Rounding Bottom Pattern🚀🏃♂️ USDCHF has been moving in the Descending channel for a long time, but USDCHF started to increase by hitting the 🟡 Price Reversal Zone(PRZ) 🟡and managed to form a Rounding Bottom Pattern .
🔔I expect USDCHF to move at least to the upper line of the descending channel and possibly break the descending channel as well.
U.S.Dollar/Swiss Franc ( USDCHF ) 1-hour time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
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USDCHF LONGThere are signs the Swiss Franc (CHF) is weakening across major pairs. Presentlyon the 4 hour charts we have signs of a reversal targewting the unmitigated supply at 0.907. We have two possible entry positions one represented by the liquidity (in blue) and one seated below the liquidity (conservative entry)
USDCHF: BoA warns about investors being too optimistic about intA note from Bank of America's strategy department about the Fed follows
The market was ahead of expectations of 5 interest rate cuts next year from the Federal Open Market Committee (FOMC) and even more (6) from the European Central Bank. BoA believes that expectations need to be tempered due to:
Core inflation remains high
And inflation risks are higher in early 2024 as the base effects from energy prices fade.
In Europe:
Eurozone deflation at current levels could support interest rate cuts starting in March
weekly time frame overview | USDCHF supply zone in control USDCHF established a potential weekly supply imbalance ( w potential imbalance ) in between two zones W supply zone and W demand zone indicating more strength for bear sentiment and also a possibility for a range between this two zones.
if the w potential imbalance remains the W supply zone will be in control.
also if the W demand zone will take control the w potential imbalance will be raided out giving strength to W demand zone thus a bullish sentiment.
USDCHF will rise again...After deep pullback and firming a broad channel,
USDCHF is on support and has chance to goes high and test the upper line of broad channel.
Trade safe.
USDCHF: Sell the Rally as Market Eyes Last BottomDear Traders,
Technical Analysis:
USDCHF is positioned for a potential downward move this week, though a short-term bounce higher is also possible. The daily technical analysis shows an oscillator reading of 1, signaling the pair is overbought and could see a selloff. However, we may first get a quick spike up to 0.9113 as stops are triggered.
Just hold on and even with some hedge positions keep your account alive until the drop starts and then close your hedge and wait for TP of sell orders.
Fundamental Analysis:
The US economy has been slowing down in recent months, as evidenced by the decline in the PMI readings. This is due to a number of factors, including rising interest rates, inflation, and the war in Ukraine.
The US dollar has been strengthening in recent months, as investors have sought safety in the face of global economic uncertainty. This has made it more expensive for US companies to export goods and services, and could weigh on economic growth.
The Swiss franc is another safe-haven currency, and it has also strengthened against the US dollar in recent months. This means that USD/CHF could continue to decline in the near term.
USDCHF: The USD "struggled" to regain the 103 markIn the first session of the week, the US dollar fell a further 0.18% to $103.23 on expectations that the US Federal Reserve could complete and begin raising interest rates. Onion cuttings will be taken in the first half of next year. At the time, the DXY index was heading for a monthly decline of more than 3%, its biggest decline since November 2022. At the same time, investors are awaiting a series of events and data this week that could determine the future direction of the market. interest rates around the world.
Just a day later, the dollar fell a further 0.47% to $102.73, as investors continued to predict growth in the world's biggest economy would start to slow. Once again, the market is starting to factor in a rate cut in the first half of next year. According to CME's FedWatch tool, U.S. interest rate futures show a 33% chance that the Fed will cut interest rates in March 2024.
The U.S. dollar "barely" rose 0.12% to $102.86 on Nov. 30 after newly released data showed the U.S. economy grew faster than originally reported in the third quarter. . Head. According to information from the U.S. Department of Commerce, U.S. gross domestic product (GDP) increased by 5.2%, faster than the previously reported 4.9%. This was the largest increase since the fourth quarter of 2021 and exceeded economists' expectations of 5%.
According to reports, US inflation remains moderate, but on the first trading day of December, the DXY index once again reached the 103 level (up 0.75% to 103.51 points). The increase in jobless claims in October and last week shows the labor market is slowing. Accordingly, US inflation, as measured by the Personal Consumption Expenditure Index (PCE), was flat in October after rising 0.4% in September. Moreover, the PCE index recorded an increase every year. In October it was 3.0%. Meanwhile, the state's new unemployment claims rose by 7,000 last week to 218,000.
DeGRAM | USDCHF price deceleration at the supportUSDCHF is trading in the descending channel. However, the price is decelerating while approaching the support level.
The market completed the AB=CD pattern that can lead to a pullback.
We expect a bullish move from the support and fibo extension levels.
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USDCHF: USD price dropped sharply after news of private sector eThe dollar fell against a basket of currencies late last week on news of strong U.S. business results in November, while private-sector employment fell on expectations of a slowdown in the coming months. Fourth quarter.
Earlier, Michael Brown, market analyst at Trader S&P Global, recorded the US Composite PMI Production Index on Friday.
Specifically, the value for the month remained unchanged at 50.7, as a slight increase in service sector activity offset the decline in production. Values above 50 indicate private sector expansion. The lack of significant growth in orders led to companies laying off employees, and the survey's employment index fell from 51.3 to 49.7, the first decline since June 2020. During October.
Easing the labor market will help the Fed fight inflation. Jane Foley, senior currency strategist at Rabobank, said the economic data provided further evidence of cyclical weakness in the US.
The U.S. dollar index posted its weakest monthly performance in a year amid growing expectations that the Federal Reserve will complete its interest rate hike and potentially start cutting rates next year. There is. .
USDCHF Long Term selling Trading IdeaHello Traders
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USDCHF: The US dollar rose on unemployment claims data, mixed The USD DXY index rose 0.30% to 103.90 as recent economic data and the Federal Reserve's minutes presented a complex scenario for investors to navigate. The increase came after the number of initial jobless claims was announced at 209,000, lower than expected. Despite this positive sign, investors are also considering a sharp decline in durable goods orders in October, down 5.4%.
The latest minutes from the Federal Open Market Committee (FOMC) show persistent concerns about inflation, suggesting that these concerns will influence future policy decisions. This led to a rise in U.S. Treasury yields across a range of maturities as investors digested mixed economic data. Looking ahead, market participants do not expect an interest rate hike in November. Instead, there are speculations that interest rates could be cut as early as March or May next year. This sentiment is reflected in the DXY technical analysis. The Relative Strength Index (RSI) remained unchanged near oversold conditions, which could indicate a resurgence of buying pressure. Meanwhile, the Moving Average Convergence Divergence (MACD) bar is still moving sideways in the red zone, indicating near-term bearish momentum.
Despite these mixed signals, the USD remains below the 20-day and 100-day SMAs (simple moving averages), but remains above the key 200-day SMA support. This position suggests that long-term bullish sentiment against the dollar may still exist despite the current bearish trend.
The dollar continues to assert its dominance in global finance, playing a central role in foreign exchange markets with a daily trading volume of more than $6.6 trillion, based on last year's data. This dominance highlights the currency's far-reaching influence and its resilience in the face of economic instability and changes in monetary policy.
USDCHF - Long IdeaUSD/CHF has no strong resistance in the range between 0.8816 and 0.9111. It continues to lose downside moment. Good USD news will keep this pair on track towards to 0.9111.
USDCHF: Weak US CPI weighs heavily on the dollarAs anticipation that the Federal Reserve would terminate the monetary tightening cycle increased due to slowing U.S. inflation, the U.S. dollar made a slight recovery in early European trading on Wednesday.
The Dollar Index, which measures the value of the US dollar against a basket of six other currencies, increased by 0.1% to 104.057 at 03:05 ET (08:05 GMT), not far from a two-month low on Friday. In three, 103.98.
Tuesday saw a significant decline in the value of the US dollar after statistics revealed that US consumer prices were unchanged in October but increased 3.2% year over year, less than anticipated, following a 3.7% increase in September.
The most important factor in determining whether the Fed will continue to tighten policy is stable inflation, particularly when inflation increased more than
USDCHF SHORT - MORE DOWNSIDE TO FOLLOW!Waiting for a retest of 0.89537 to short USDCHF back to key Daily level at 0.87815
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USDCHF - Potential short ✅Hello traders!
‼️ This is my perspective on USDCHF.
Technical analysis: As I expected in my previous analysis price delivered bearish move. Now I wait for a retracement price to fill the imbalance higher and then to reject from bearish order block + institutional big figure 0.90000.
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USDCHF → Trades near 0.8870FX:USDCHF lost more than 100 pips in the previous session, due to the downbeat US inflation data. The USD/CHF pair extends the losses, trading near 0.8870 during the European session on Wednesday.
A decisive break below the latter could push the USD/CHF pair to reach the support region near 0.8800 psychological level lined up with September’s low at 0.8795.
The technical indicators for the USD/CHF pair reveal a bearish outlook. The 14-day Relative Strength Index (RSI) below the 50 level indicates downward pressure, signaling a bearish momentum and reflecting a weaker market sentiment.
On the upside, the psychological level at 0.8900 appears as the immediate resistance, followed by the 23.6% Fibonacci retracement at 0.8922. A firm break above the level could inspire the USD/CHF pair to explore the next resistance around the 50-day Exponential Moving Average (EMA) at 0.8986.
Moreover, the Moving Average Convergence Divergence (MACD) line, although below the centerline, is positioned above the signal line. This suggests a somewhat tepid momentum in the USD/CHF pair, indicating a less pronounced bearish sentiment.
USDCHF MID-WEEK ANALYSIS UPDATE 08/10/2023📈 Short-term USD/CHF Buy Signal 📈
Recent USD weakness suggests a potential short-term buy opportunity for USD/CHF. Watch historical levels, set risk parameters, and stay informed for a strategic trade. Good luck! 💼📊💹
USDCHF → Bears regain controlThe FX:USDCHF plunged sharply on Tuesday, more than 1.40%, with the pair dropping to new two-month lows of 0.8879 after hitting a daily high of 0.9027, sponsored by soft US economic data. At the time of writing, the pair trades at 0.8883, down 0.07% as Wednesday’s Asian session begins.
The daily chart portrays the pair with a bearish bias. The USD/CHF drop below the 200-day moving average (DMA) at 0.8994 accelerated the downtrend, which witnessed a break of the latest cycle low seen on October 24 at 0.8887. Downside risks remain if USD/CHF tumbles toward the August 30 swing low of 0.8745, ahead of testing the 0.8700.
For a bullish resumption, USD/CHF buyers must reclaim 0.8900 to remain hopeful of lifting prices toward the 200-DMA at 0.8993, ahead of the 0.9000 figure. A breach of the latter, the next resistance will be the November 13 high at 0.9052.
USDCHF - Bearish price action ✅Hello traders!
‼️ This is my perspective on USDCHF.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for a short position. I expect bearish price action from here as price almost filled the imbalance and rejected from that zone. My target is sell side liquidity around 0.89500.
Fundamental news: Next week on Tuesday will be released monthly and yearly CPI in USA, as well on Wednesday will be released monthly PPI and Retail Sales. News with impact on USD, so pay attention to the results in order to validate the analysis.
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USDCHF possible short for 0.8940supply zone: 0.9045-75, stop loss above 0.9072, i.e. 0.9090, target: 0.8940
Usdchf ShortIf we look at usdchf on weekly time frame we see a bearish trend, and at a current weekly state it is a continuity price movement to the downside we should anticipate. On H4 time frame we exhibit price undergoing shift of market structure to the downside around the premium pricing area, so now we would go down to 15m time frame and oversee a confirmed price action to the downside, we also wanna see SMS on 15m structures.
