USDCHF LONG usdchf formed a nice hammer head weekly closure at support so I am looking for this pair to come up to test the 0.99 psychological level which confluences with the 786 fibonacci from the recent lower swing high. the pair is still in a downtrend but if strength in the usd kicks in we might be able to break the recent swing high, forming a higher high. however TP placement is at psych level for a nice 150 pip target. looking to play out in the coming week
Forexpositive
CAD/CHF AnaliticsHello Traders!
CAD/CHF has reached on the daily chart the 0.72660 resistance level .We can see a strong buy zone at this level in the past on:2016.04.04 , 2017.06.28, 2018.03.19, 2019.01.03.
Now we are located in the same level and in the next days we expect a possible buy.
We set up 1 possible buy zone on 0.72970
Stay tunned for more! Regards RoTradeAlerts!
AUD/CHF AnalyticsHello Traders!
AUD/CHF has reached on the dayly chart the 0,65040 resistance level .We can see a strong buy zone at this level in the past on: 2015.01.16, 2015.08.24.
Now we are located in the same level and in the next days we expect a possible buy.
We set up 1 possible buy zone on 0.65435
Stay tunned for more! Regards RoTradeAlerts!
EURUSD Looking solid for next week. 4 days consolidating, resting on inner trendline.
Rejected by Daily FIB. A.B pattern.
Closed as a big Bullish enguilfing candle on Daily TF.
LL and LH on 1hour timeframe make me believe we
will go further down to 11800 region before going further higher.
My entry will appear if we respect those 11800 regions, and make a triple bottom with a good Entry formation on LTF.
Wish you a good Friday!
GBP/USD AnalyticsHello Traders!
GBP/USD has reached on the dayly chart the 1.20900 resistance level.We can see a strong buy zone at this level in the past on: 2016.10.06, 2017.01.17, 2017.01.09.
Now we are located in the same level and in the next days we expect a possible buy.
On the H4 chart we can see a side channel between 1.21140 support and 1.21900 resistance. We expect a possible breakout on the 1.21900 resistance zone.
We set up 2 possible buy zones on 1.21100 and 1.2200.
Stay tunned for more! Regards RoTradeAlerts!