USDCHF escape from falling with Falling Wedge✈️USDCHF is moving near important support lines (weekly time frame) as well as an important 🟡Price Reversal Zone(PRZ)🟡.
It also seems that USDCHF has succeeded in forming a Falling Wedge pattern .
In addition, if we look at the MACD indicator in the daily time frame, the Regular Divergence(RD+) between the MACD and the price is clearly visible.👇
I expect USDCHF to move towards the downtrend line after breaking the upper line of the falling wedge pattern and then break it and start to bump.
🔅U.S.Dollar/Swiss Franc ( USDCHF ) Daily time frame⏰.
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CHFUSD
chf and the trendchf perfectly reacted to the blue zone and now is close to a demand zone (red zone), I believe that this zone would work another time (like the arrow in chart) but since this time is 3rd time that price touch this zone there is a possibility for price to eng this zone. eng or reacting this zone would make chf to go for new orders in the dp.
💵U.S.Dollar/Swiss Franc💵Analyze (01/16/2023)!!!U.S.Dollar/Swiss Franc was able to complete a zigzag correction on PRZ(Price Reversal Zone).
I expect the U.S.Dollar/Swiss Franc will go up until PRZs.
🔅U.S.Dollar/ Swiss Franc Analyze ( USDCHF ) Timeframe 1H⏰.
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 be glad to see your ideas in this post.
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💵U.S.Dollar/Swiss Franc💵Analyze (12/16/2022)!!!U.S.Dollar/Swiss Franc was able to complete the falling wedge pattern on the support zone.
I expect the U.S.Dollar/Swiss Franc will go up until the downtrend line & important trend line.
🔅U.S.Dollar/Swiss Franc Analyze (USDCHF) Timeframe 4H⏰.
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 be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
CHFUSD ShortAlthough the swiss franc is seen as a safe haven vs inflation, due to the global turbulence it might go down vs the USD.
USD is expected to get stronger in the coming weeks, and while the RSI is on the way down together with a bounce off the resistance line, we aim to go down towards parity.
CHFUSD W Formation - Broken above parity target 1.1370CHF/USD has formed a W Formation after sideways movements in the last few months.
Since the break above parity 1:1 there has been a fight between bulls and bears and it looks like the bulls are going to win this one.
Price >200 7>21
Bullish
Target 1.1370
Best Short it the whole Forex market is nearI believe that green line above is best position to be in short on USDCHF and you can really count on it with 100x leverage or even 200x if it gets hit.
it can dump so drastic to those blue trend lines in below, like in one downtrend, very fast, very drastic, but of course for that section we have to wait and see how market moves.
Email me for consultant on charts.
💵Swiss Franc/U.S.Dollar💵Analyze !!!Swiss Franc/U.S.Dollar was able to make a Rising wedge.
For now, the Swiss Franc/U.S.Dollar is completing the pullback.
I expect that the Swiss Franc/U.S.Dollar will go down to the support zone from the current price.
🔅Swiss Franc/U.S.Dollar Dollar Analyze (CHFUSD) Timeframe 8H⏰.
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 be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe.
💵Swiss Franc/U.S.Dollar💵Analyze (9/26/2022)!!!Let's first look at the previous post about the Swiss Franc/U.S.Dollar, which is working ✅fine✅.
The rising wedge pattern is running well; at the same time, the Swiss Franc/U.S.Dollar was able to make a Head and Shoulders Pattern and breaks the neckline by a bearish marubozo pattern.
I expect that the Swiss Franc/U.S.Dollar will go down at least to Head and Shoulders Pattern's 🎯Target🎯.
🔅Swiss Franc/U.S.Dollar Dollar Analyze ( CHFUSD ) Daily Timeframe⏰.
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 be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
USDCHF Potential for Bearish Continuation| 31st August 2022On the H4 chart, price is currently testing the 127.2% extension level hence we are looking for a short term sell entry here at 0.97348 to take profit at my overlapping support 0.9619 which coincides with the 23.6% retracement. Stop loss will be placed at 0.9852 where the previous swing high sits
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USDCHF is reaching for parity againThe USDCHF can be relatively slow-moving compared to other major forex pairs. However, we have seen some significant moves since March this year. In fact, the most recent April monthly candle was the largest bodied candle in almost seven years. Albeit April’s candle moved in the USD’s favour rather than the francs. In April, The USDCHF opened at 0.922 and closed at 0.973.
As of writing, the USD is again approaching parity with the Swiss franc, trading at 0.998. Last month, the pair was rejected at 1.001 and closed lower on the month (0.959). This movement occurred after inflation in Switzerland rose faster than expected and landed further outside the Swiss Central Bank’s (SNB) target of 0-2% per annum. With inflation in Switzerland at a 14-year high of 2.9%, the Swiss Central Bank’s rhetoric concerning interest rate hikes has ramped up. But, Switzerland still has the lowest interest rate in the world (-0.75%), and the SNB’s rhetoric has been mild and equivocal, especially compared to the US Federal Reserve. Thus the USDCHF has forced its way into parity territory in June.
A monthly time-frame analysis indicates that the pair may be able to sustain a push through this zone of resistance at parity for June and beyond.
The Coppock Curve indicator, found on the graph above, helps gauge long-term trends. When we see the Coppock Curve move above zero, it is to be interpreted as a continuing uptrend. It is not typically used on the smaller time frames because it doesn’t show accurate divergence signals.
The Coppock Curve is just below 10 on the monthly time frame, which is the highest it has been since January 2015. After which, the curve plummeted. Those familiar with forex history may know of the SMB’s decision that day. After that event, the Coppock Curve still indicated rising prices with this pair, which ultimately came true for almost the next two years.
USDCHF I Pullback & Headed UpwardWelcome back! Here's an analysis of this pair!
**USDCHF - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Brian & Kenya Horton, BK Forex Academy
EUR into deep waters? Forex update Bull vs Bear Academy++++++++++++++++++++++++ no financial advice ++++++++++++++++++++++++
On the second trading day of the week, the euro struggles against a downward trend and is on the brink.
Dollar is dominating and gold may make another upward move?
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GbpChfGbpChf
It has grown significantly recently.
And now it has reached a area resistance.
I think bears will enter this area.
Profits are also expected to be saved by traders who have bought the deal.
I expect a heavy sales pressure.
GbpUsd is also in resistance. And ChfUsd in support that can affect the gbpchf pair.
Look at the simple market.
Buy in support.
Sell in resistance.