Bearish reversal off overlap resistance?The Swissie (USD/CHF) is rising towards the pivot and could reverse to the 1st support, which is a pullback support.
Pivot: 0.8317
1st Support: 0.8198
1st Resistance: 0.8391
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.
Chf
Could the Swissie reverse from here?The price is rising towards the resistance level which is an overlap resistance that lines up with the 50% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 0.8334
Why we like it:
There is an overlap resistance level that aligns with the 50% Fibonacci retracement.
Stop loss: 0.8420
Why we like it:
There is a pullback resistance level that aligns with the 78.6% Fibonacci retracement.
Take profit: 0.8202
Why we like it:
There is a pullback support level.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
USDCHF: Weekly analysisThe 0.8191 zone a little tricky! Any breaks over it could active the long trade only if it perfectly breaks over the trend line.
The indicated levels are determined based on the most reaction points and the assumption of approximately equal distance between the zones.
Some of these points can also be confirmed by the mathematical intervals of Murray.
You can enter with/without confirmation. IF you want to take confirmation you can use LTF analysis, Spike move confirmation, Trend Strength confrimation and ETC.
SL could be placed below the zone or regarding the LTF swings.
TP is the next zone or the nearest moving S&R, which are median and borders of the drawn channels.
*******************************************************************
Role of different zones:
GREEN: Just long trades allowed on them.
RED: Just Short trades allowed on them.
BLUE: both long and short trades allowed on them.
WHITE: No trades allowed on them! just use them as TP points
Bullish momentum to extend?GBP/CHF has bounced off the pivot, which is a pullback support and could bounce to the 1st resistance.
Pivot: 1.1076
1st Support: 1.0987
1st Resistance: 1.1252
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.
Bearish reversal off overlap resistance?AUD/CHF is rising towards the resistance level which is an overlap resistance that lines up with the 50% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 0.5372
Why we like it:
There is an overlap resistance level that aligns with the 50% Fibonacci retracement.
Stop loss: 0.54491
Why we like it:
There is a pullback resistance level.
Take profit: 0.5251
Why we like it:
There is an overlap support level that aligns with the 50% Fibonacci retracement.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
USD/CHF Trading Plan USD/CHF Trading Plan – Technical Rebound Near EMA89, Resistance Ahead at 0.8298
📌 Market Overview
USD/CHF is showing signs of technical recovery after a recent sell-off from the 0.8338 high. The current retracement is supported by price action rebounding near the 0.8212 zone — a key demand area that aligns with the EMA89 on the H1 timeframe.
However, the broader structure remains uncertain as the pair awaits directional cues from upcoming US macroeconomic data and market sentiment around the Swiss franc’s safe-haven flows.
🔍 Technical Outlook
Main trend: Still bearish on higher timeframes
Short-term bias: Technical bounce in play
EMA Setup: EMA13 and EMA34 are curling upward → but EMA89 acts as strong dynamic resistance above
🔑 Key Technical Zones:
Resistance:
0.8264 – 0.8298 → short-term resistance area
0.8320 – 0.8338 → previous supply zone and daily structure resistance
Support:
0.8235 → minor intraday support
0.8212 → EMA89 retest + breakout demand block
0.818x → historical low and deeper demand zone
📊 Trade Scenarios
✳️ Scenario 1 – SELL Setup Near Resistance
If price retests the 0.8298 zone and prints reversal signals → short the bounce
Entry: 0.8290 – 0.8298
SL: 0.8320
TP: 0.8260 → 0.8235 → 0.8210
✳️ Scenario 2 – BUY the Retest Near Support
If price pulls back to 0.8212 and holds structure with EMA89 confluence → potential short-term BUY
Entry: 0.8212 – 0.8220
SL: 0.8185
TP: 0.8235 → 0.8260 → 0.8290
⚠️ Strategy Note:
Avoid buying into resistance at 0.8298 unless there's a strong breakout with volume. Current price action favors "sell on rally" setups unless key zones break decisively.
🌐 Macro Context
Upcoming PCE Data (May 31): The US Personal Consumption Expenditures index could spark volatility. Weak data may pressure the USD and strengthen CHF.
Geopolitical Tensions Ease: Risk-off flows into CHF have cooled slightly as US-EU trade concerns subside.
SNB vs. Fed Outlook: The Swiss National Bank remains dovish, but the Fed’s uncertain tone limits USD upside. Yield differentials remain supportive for USDCHF to stay choppy within range.
✅ Final Thoughts
USDCHF is staging a mild technical rebound but still faces significant hurdles near 0.8298. Sell setups remain favorable near resistance while buy scalps are valid around EMA89 if price confirms structure.
Bullish bounce off pullback support?The Swissie (USD/CHF) is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance.
Pivot: 0.8079
1st Support: 0.7803
1st Resistance: 0.8462
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.
Bearish reversal for the Swissie?The price is rising towards the pivot, which acts as an overlap resistance that aligns with the 50% Fibonacci retracement and could reverse to the 1st support, which is also an overlap support.
Pivot: 0.8334
1st Support: 0.8214
1st Resistance: 0.8410
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.
Bearish reversal off overlap resistance?USD/CHF is rising towards the resistance level which is an overlap resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 0.8334
Why we like it:
There is an overlap resistance level that aligns with the 50% Fibonacci retracement.
Stop loss: 0.8420
Why we like it:
There is a pullback resistance level that lines up with the 78.6% Fibonacci retracement.
Take profit: 0.8202
Why we like it:
There is a pullback support level.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
USDCHF - Bulls Are Almost Ready! Are You?Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈USDCHF has been overall bullish trading within the rising channel marked in blue.
Moreover, the green zone is a strong support and structure!
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of support and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #USDCHF is around the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Bullish bounce?The Swissie (USD/CHF) has bounced off the pivot and could potentially rise to the 1st resistance.
Pivot: 0.8212
1st Support: 0.8116
1st Resistance: 0.8314
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.
Potential bullish bounce?USD/CHF is reacting off the support level which is an overlap support that aligns with the 61.8% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 0.8213
Why we like it:
There is anoverlap support level that aligns with the 61.8% Fibonacci retracement.
Stop loss: 0.8111
Why we lik eit:
There is a pullback support levl that lines up with the 127.2% Fibonacci extension.
Take profit: 0.8333
Why we like it:
There is an overlap resitance level that aligns with the 50% Fibonacci retracement.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
#002 GBP/CHF SHORT Investment Opportunity
👋 Hello, I am Forex Trader Andrea Russo, founder of the SwipeUP Method, a professional analysis approach based on 16 integrated modules that combines artificial intelligence, cyclicality, macro data, technical analysis and institutional positioning.
Today I present a new SHORT investment opportunity on GBP/CHF, analyzed and validated according to my DEFINITIVE PROMPT.
📌 Trade Parameters
Pair: GBP/CHF
Direction: Short
Main Timeframe: 8H
Entry Point: 1.10745 (Red/Purple Box Intersection)
Stop Loss: 1.11515 (End of Red Box)
Take Profit: 1.08335 (End of Purple Box)
Risk: ~77 pips
Target: ~411 pips
Risk/Reward Ratio: ~1:5.33
Expected Return: +3.71%
SwipeUP Model Reliability: 91%
🔍 SwipeUP Method Analysis (16 Modules)
1. Multi-timeframe Technical Analysis
Weekly: Correction after Historical Bearish Impulse.
Daily: Bullish Impulse Exhausted Below Key Resistance.
8H: first bearish breakout on dynamic support, with pullback completed.
✔️ Short trend confirmed on H8 and daily.
2. Technical indicators
WaveTrend: complete bearish crossover in overbought zone.
Stochastic: confirmed cross down.
EMA: breakout below all moving averages.
✔️ Total bearish alignment of indicators.
3. Cyclical and harmonic analysis
Harmonic completed (Bat type) with theoretical target in TP zone.
Weekly cycles show exhaustion of the bullish movement.
✔️ Cyclical and short harmonic validation.
4. Mathematics and statistics
Fibonacci 61.8% retracement completed.
127.2% extension targeted as short target.
✔️ Favorable mathematical patterns.
5. Market Sentiment
72% long retail GBP/CHF (fxssi.com).
Favorable misalignment for short.
✔️ Valid contrarian strategy.
6. Institutional positioning
COT: net accumulation in CHF by non-commercials.
CHF seen as a safe haven currency in times of macro uncertainty.
✔️ Big player positioning confirms short.
7. Fundamental and macroeconomic analysis
GBP weakened by persistent inflation and neutral BoE outlook.
CHF supported by conservative SNB policy.
✔️ Fundamental scenario favors short.
8. Implied and historical volatility
Volatility compression in progress → potential imminent directional explosion.
✔️ Optimal technical timing.
9. Pattern Backtesting
Similar patterns on GBP/CHF have shown 78% success.
Average time to target: 6–9 days.
✔️ High historical confidence.
10. Confirmation with AI models
GAN model and Prophet confirm short directionality with 84% probability.
✔️ AI in alignment.
11. Real-time data updates
All information is updated as of May 21, 2025, 15:34 UTC+2.
✔️ Analysis based on fresh and accurate data.
12. Historical study (last 50 years)
Forced bull phases on GBP/CHF followed by medium-term corrections are common in UK-Swiss economic cycles.
✔️ Consistent historical pattern.
SHORT AUD CHF Investment OpportunityDear traders, I am Andrea Russo, a Forex expert and market analyst. Today I want to share with you a short opportunity on the AUDCHF pair, based on solid technical analysis and current market dynamics.
📌 Entry level: 0.5374 🎯 Take Profit (TP): 0.5173 🛑 Stop Loss (SL): 0.5440
The AUDCHF has shown signs of weakness after a consolidation phase. The bearish pressure, fueled by the strength of the Swiss franc and a climate of risk aversion, could favor a decline towards the indicated target levels.
Technical indicators confirm the strategy: 🔹 Key resistance near 0.5440, invalidation level of the position. 🔹 Bearish momentum with decreasing volumes on bullish pressures. 🔹 Short-term moving average suggesting a possible continuation of the decline.
📊 We will monitor the market to confirm the movement. Always remember to apply proper risk management!
#001 USD/CHF SHORT Investment Opportunity 8H
Hello, I am Forex Trader Andrea Russo and today I want to talk to you about a SHORT investment on USD/CHF that I identified by applying my SwipeUP Method, a quantitative strategy based on 14 analysis modules.
This operation is a perfect example of how the combination of technical, cyclical, statistical and sentiment analysis can offer a professional edge, just like the best hedge funds in the world do.
📌 Operational Details
Entry (box intersection): ~0.83420
Stop Loss (end of red box): 0.84021
Take Profit (end of green box): 0.82068
Risk: ~60 pips
Target: ~135 pips
Risk/Reward Ratio: 1:2.25
🔍 Complete analysis according to the SwipeUP Method (14 modules)
1. 📉 Multi-timeframe technical analysis
The trend on 8H and daily is clearly bearish.
The recent rise represents a technical pullback, already rejected in the Fibonacci area. The 200 average is far above the price.
We currently observe a decreasing triple top and the first close below the fast EMA.
✔️ Solid short structure.
2. 📊 Technical indicators
WaveTrend: bearish crossover confirmed
Stochastic: sharp drop from overbought
EMA: all aligned to the downside, price has broken them decisively
✔️ Short confirmation from all indicators.
3. 📈 Cyclical and harmonic
Pullback completed on the 0.618 Fibonacci zone
Harmonic formation type M → classic reversal
✔️ Bearish cyclical phase.
4. 📐 Mathematics/statistics
Precise retracement at 61.8%
Break of the ascending trendline → textbook setup
✔️ Statistics in favor of the downside.
5. 🧠 Sentiment and positioning
The retail is slightly long on USD/CHF.
This confirms the validity of my short positioning → against the mass.
✔️ Smart positioning.
6. 🌍 Fundamental/macroeconomics
CHF strong due to risk-off climate
USD weak due to FED rate stalemate
✔️ Fundamentals consistent with a downside.
7. 📈 Implied volatility
In bearish expansion phase
Current candlestick with full body → start of strong movement
✔️ Ideal timing.
8. 📚 Historical backtesting
Similar patterns on USD/CHF (triple top + return below EMA + 61.8%) →
✔️ have reached the target in 76% of cases in the last 3 years.
9. 🧪 SwipeUP validation
All modules are consistent.
No conflicting signals. The model is fully validated.
✔️ Green light for the operation.
10. 📡 Updated data
No significant USD or CHF economic events expected in the next few hours.
✔️ Favorable environment to follow the technical flow.
11. ⏱️ Operational timing
The breakout has already occurred, and the structure is ready to push.
✔️ Perfect entry on the initial phase.
12. 📖 50-year history
In the summer months and in CHF safe-haven conditions, USD/CHF has a high probability of prolonged post-pullback falls.
✔️ Historical consistency.
13. ⚖️ Risk/Reward
R/R of 1:2.25 with technical stop and logical target.
Well-constructed box and respectful of the method.
✔️ Fully controlled risk.
Bearish drop?The Swissie (USD/CHF) has broken out of the support level which has been identified as a pullback support and could drop to the 61.8% Fibonacci support.
Pivot: 0.8311
1st Support: 0.8199
1st Resistance: 0.8391
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.
Bullish bounce?USD/CHF is falling towards the support level which is an overlap support that aligns with the 71% Fibonacci retracement and the 100% Fibonacci projection and could bounce from this level to our take profit.
Entry: 0.8275
Why we like it:
There is an iverlap support level that lines up with the 71% Fibonacci retracement and the 100% Fibonacci projection.
Stop loss: 0.8233
Why we like it:
There is a pullback support level.
Take profit: 0.8362
Why we like it:
There is a pullback resistance level.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
USDCHF Will the Downtrend Break or Bounce? Full Trade Plan TodayUSDCHF – Will the Downtrend Break or Bounce? | Full Trade Plan Today 🔥
🌍 Macro Overview
USDCHF remains in a short-term bearish correction, reflecting current macroeconomic uncertainties surrounding US interest rate expectations and safe-haven demand for CHF.
USD is under pressure after softer-than-expected CPI and PPI data last week, increasing speculation that the Fed may cut rates in Q3.
CHF continues to benefit from its safe-haven status amid ongoing geopolitical uncertainty and fragile European growth.
However, the key support around 0.8318 has acted as a major demand zone. If bulls react strongly here, we could see a technical rebound in the short term.
📉 Technical Analysis (H1–H2)
USDCHF is trading within a descending channel, showing lower highs and lower lows.
Price is now testing the lower boundary of the channel around 0.8318, which also aligns with a key liquidity area.
EMAs (13 and 34) still slope downward, but momentum is slowing — a possible signal that sellers are losing strength.
🔑 Key Levels to Watch
🔺 Resistance Zones:
0.8395 → Recent swing high & supply zone
0.8459 → Medium-term structural resistance
🔻 Support Zones:
0.8318 → Major confluence zone (channel bottom + demand block)
0.8230 → Final support level before deeper drop
🎯 Trade Setups
✅ Scenario A – Bullish Reversal from Support (Preferred):
Entry (Buy): 0.8318 – 0.8322 (after bullish rejection confirmation)
Stop Loss: 0.8288
Take Profits: 0.8395 → 0.8430 → 0.8459
✅ Scenario B – Bearish Breakdown Below Support:
Entry (Sell): 0.8300 – 0.8310 (only if price closes below 0.8310 on H2)
Stop Loss: 0.8340
Take Profits: 0.8260 → 0.8230 → 0.8200
⚠️ What to Watch Today:
Market may see higher volatility during the US session, especially with housing data (Existing Home Sales) and Fed speakers lined up.
Watch for clean price action around 0.8318 — no need to rush entries until confirmation appears.
This is a reactive market, not a predictive one. Let price speak first.
📌 Follow for real-time market updates and actionable strategies during US trading hours.
Could the price bounce from here?The Swissie (USD/CHF) has bounced off the pivot and could rise to the 1st, pullback resistance.
Pivot: 0.8324
1st Support: 0.8280
1st Resistance: 0.8397
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.
Bullish bounce off pullback support?The Swissie (USD/CHF) is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance which is also a pullback resistance.
Pivot: 0.8304
1st Support: 0.8084
1st Resistance: 0.8501
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.
Bullish bounce for the Swissie?The price has bounced off the support level which is a pullback support that lines up with the 61.8% Fibonacci retracement and could potentially rise from this level to our take profit.
Entry: 0.8322
Why we like it:
There is a pullback support level that lines up with the 61.8% Fibonacci retracement.
Stop loss: 0.8197
Why we like it:
There is a pullback support level.
Take profit: 0.8510
Why we like it:
There is a pullback resistance level that is slightly below the 61.8% Fibonacci retracement.
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