A forecast for a 100-pip bearish move on USD/CHF suggests you’re expecting the price to decline significantly in the near term. If you're looking to forecast this move, a few key factors to consider might include:
Technical Analysis: Are there any key levels of support or resistance you’re watching? For instance, if USD/CHF is approaching a strong resistance zone, a pullback or bearish move could be likely.
Moving Averages: Are the shorter-term moving averages crossing below the longer-term ones? This could signal a bearish trend.
Trendlines: Is there a trendline or channel that price has recently broken, suggesting further downward movement?
Economic Data: Any upcoming data or news releases that could impact USD or CHF? For example, economic reports, interest rate decisions, or geopolitical events.
RSI or MACD: Is the RSI overbought, indicating a potential reversal? Or is the MACD showing bearish momentum?
Technical Analysis: Are there any key levels of support or resistance you’re watching? For instance, if USD/CHF is approaching a strong resistance zone, a pullback or bearish move could be likely.
Moving Averages: Are the shorter-term moving averages crossing below the longer-term ones? This could signal a bearish trend.
Trendlines: Is there a trendline or channel that price has recently broken, suggesting further downward movement?
Economic Data: Any upcoming data or news releases that could impact USD or CHF? For example, economic reports, interest rate decisions, or geopolitical events.
RSI or MACD: Is the RSI overbought, indicating a potential reversal? Or is the MACD showing bearish momentum?
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.