USDCHF - Continuing Bullish TrendUSDCHF is in continuous bullish trend and making HH and HL. Longby AnalytixEdgeByQasimUpdated 10105
USDCHF LONG/BUY 📈 Overview: USDCHF was moving in a downward channel, and there was a breakout to the upside, followed by a retest in the 4-hour time frame. Full Analysis: 📉 Expectations: Anticipate the pair to re-test key support levels as highlighted in the attached chart. 📊 Trading Strategy: This trade is based on a combination of technical analysis and candlestick patterns. It's a long-term position, so ensure sufficient margin to manage market fluctuations. Implement proper risk management in line with your account size. 🚦 Trading Rules: 1️⃣ Rule 1: If the trade does NOT surpass our entry level (GREEN LINE ON THE CHART), Do not enter the trade. 2️⃣ Rule 2: When the market hits Target 1, consider closing some positions or move your STOP LOSS to ENTRY price for safe trading. 3️⃣ Rule 3: After reaching Target 1, avoid placing new trades based on the same signal/alert. 4️⃣ Rule 4: If the market consolidates for more than 2 days, close the trade and patiently wait for the next favorable trading opportunity. Trade responsibly. Past performance is not indicative of future results. Feel free to ask any questions or discuss further! 📊📉by Pro-Trading-Africa1
USD Doing Strong?The USDCHF failed to continue swing lows and formed Non-Swing Failure pattern. The price has break the SBR level CHF0.8700 and trying to retest again. If all goes well, we can look for buying opportunity at CHF0.8700 and target CHF 0.9000 Feel free to comment your opinion. Longby ERUDITE_88Updated 1
USDCHF - bloody drop with USD in pair ?USDCHF went to upper resistance which is actually expected. On my DXY analysis I explained my idea about Dollar reversal. I do not think it will go higher. Shortby traderstube4
SHORT=> A bearish outlook for USD/CHF pairA bearish outlook for USD/CHF pair The SNB lowered its benchmark interest rate by 25bps to 1.5% in its March meeting, surprising markets that expected a hold, to mark the first rate cut among major central banks following the start of global disinflation in 2023. This policy change attracted crowded short trades, making this one of the most crowded trades at the moment. Over the last three months, the total net position of shorts outweigh the longs which is reflective of the bearish market sentiment. by JK_Market_Recap0
03/27/2024 USDCHF Risky Trade w high RRThis trade kinda risk. Must say that extremely risk but nice RR. Risk 0.5% and lets see how it move.Shortby MH_Quan3
SELL USDCHF for trend reversal update SELL USDCHF NOW ✅ STOP LOSS : 0.91025 From the movement is showing a possible trend reversal because more of the traders trading with the trend are already existing there trade positions , and on the daily time frame there is already signal of regular divergence which indicates a possible trend reversal too... there is a bigger chance of a possible reversal from this level...... you are free to contact me directly here and i will respond to all questions TAKE PROFIT : take profit will be when the trend comes to an end, feel from to send me a direct DM if you have any question about take profit or anything Remember to risk only what you are comfortable with…….trading with the trend, patient and good risk management is the key to success here Shortby BALE_FX4420
USDCHF Technical Analysis and Trade IdeaUSDCHF shows a daily bullish bias after clearing significant structural resistance. Watch for exhaustion as it tests the next major resistance zone. My video demonstrates a potential long setup using a Fibonacci retracement. This analysis is for educational purposes and should not be taken as direct trading advice.Long02:35by tradingwithanthonyUpdated 3
possibility of reaction...Hello friends. I give the possibility of moving from the resistance line to the support line. Let's see what happens. what is your opinion? Good luck. # Let's look simplyShortby HippoTrading7
USDCHF - Bullish TrendUSDCHF in advancing phase made bullish engulfing candlestick pattern at higher low. Longby ZubairShah911
USDCHF - Bullish TrendChart for USDCHF is showing a bullish trend. It might be a good time to jump on the band vagon.by abdulmoeedsiddiqui0
USDCHF - IN BULLISH TRENDUSDCHF is trading in bullish trend as it is printing higher highs higher lows and confirmed by the formation of Bullish Engulfing Candlestick.Longby qasimtahir0
BIG UPCOMING MOVE FOR UCHF!!Here I have USD/CHF on the Daily Chart! I am waiting for price to Retrace to the .87577 - .87379 area for a potential Buy Entry!! If price finds support here, I will be looking to place a SL @ .86786 with a TP @ the .91913 - .93426 range! Longby Novi_FibonacciUpdated 2226
USDCHF currency pair analysis In the daily time frame, it is reaching its final target, a weak upward trend with corrections Enter the buy deal in returnsLongby btcsimorg0
Sell Signals Looming? This Pair Nears Crucial SELL ZoneThis pair has been on a strong upward trend since the beginning of the year, following a significant drop at the end of December. At that time, I shared my first trading idea for 2024 on TradingView. You can find that idea linked in a related post at the bottom of this discussion. That trading strategy was spot on, hitting our target of 0.88, although I had mentioned the possibility of climbing even higher, beyond 0.90, due to certain key levels. And that's precisely what happened. The price is now nearing the SELL/SUPPLY zone at 0.91. This level was established in September 2023 and initiated the decline to 0.83. So, what comes next? Is it time to sell? If we examine the weekly chart below, you'll see a SELL/SUPPLY level right beneath the monthly one, which I believe was the real trigger for the descent to the new lows. The initial drop (indicated by a red arrow) did not set a new low, with the market pausing before plummeting sharply for eight consecutive weeks. This is the zone where selling should be considered, especially as the market has been rising for nearly 13 straight weeks and appears to be extremely overbought as we enter the Weekly SELL/SUPPLY zone between 0.90 & 0.91. The Daily chart shows that momentum hasn't diminished significantly and remains strong. This suggests that we might see a minor pullback towards 0.88 before another surge to the swing high @0.92, followed by another sell-off (refer to the chart below). I'll now begin searching for SELL signals on the 4hr timeframe with the TRFX indicator, aiming for a short-term sell position towards 0.88 or possibly lower, around 0.86. Price may continue its ascent towards 0.92 without the short-term pullback, given the strength in the daily trend, and then proceed to sell-off. Hence, I will also be preparing for this scenario and look to add to my position if the price moves up. In the longer term, this pair is still bearish on the Monthly charts, and a bullish trend would only be confirmed by a clean break and close above 0.92, which could then open the path for moves all the way back to 1.04. For now, I anticipate a sell-off from these levels given the overstretched 13-week bullish run and entry into a key Monthly SELL/SUPPLY zone that precipitated last year's lows. Let me know your thoughts below. Shortby TheFxAce101015
going long usdchf here to continue the trendthe chf group has been generally weak and has slihtly rested or ranged with little pullbacks and has recently broken some sessions looking more likely to continue NorthLongby drthinking0
USDCHF - A Bullish PatternUSDCHF are currently trending in bullish pattern making higher highs and higher lows. Possible trade opportunity given.Longby AnalytixEdgeByQasimUpdated 0
sell usdchfplease make sure of them and do not risk, this is our analysis and ideas. Please observe the capital carefully and do not risk more than 1% of your capital Good luck to everyoneShortby dilshadnashwan3
USDCHFPrice has over bought and its now time to sell this is the best possible price you can getShortby danielajayi347116
Usdchf clean to see a big sell big dip read the caption Intraday bias in USD/CHF remains on the upside at this point. Current rally from 0.8332 should target 100% projection projection of 0.8550 to 0.8884 from 0.8728 at 0.9062. Firm break there will target 0.9243 key medium term resistance next. On the downside, below 0.8963 minor support will turn intraday bias neutral and bring consolidations first. But outlook will stay bullishShortby Mrsam362
USDCHF Potential UpsidesHey Traders, in today's trading session we are monitoring USDCHF for a buying opportunity around 0.90100 zone, USDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.90100 support and resistance area. Trade safe, Joe.Longby JoeChampion1110
Potential bearish reversalUSDCHF is rising toward an overlap resistance and could potentially fall to a support level. Alternatively, if the price breaks above the pivot, it could continue to rise to the next resistance level Pivot: 0.9098 Support: 0.8903 Resistance: 0.9221 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 that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Shortby ICmarkets2
USD/CHF Rally Keeps RSI in Overbought ZoneUSD/CHF extends the advance from the start of the week to keep the Relative Strength Index (RSI) above 70, and the exchange rate may further retrace the decline from the November high (0.9113) as it appears to be tracking the positive slope in the 50-Day SMA (0.8659). USD/CHF Rate Outlook USD/CHF trades to a fresh yearly high (0.9044) as an upward trend takes shape, and the overbought reading in the RSI is likely to be accompanied by a further advance in the exchange rate like the price action from last year. A close above the 0.9030 (38.2% Fibonacci extension) to 0.9040 (23.6% Fibonacci extension) area brings the November high (0.9113) on the radar, with the next area of interest coming in around 0.9180 (23.6% Fibonacci extension). However, failure to test the November high (0.9113) may push USD/CHF back towards the 0.8880 (38.2% Fibonacci retracement) to 0.8910 (38.2% Fibonacci extension) region, and the exchange rate may negate the upward trend if it fails to hold above the moving average. --- Written by David Song, Strategist by FOREXcom1