USD/CHF is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.8430 which is a pullback support. Stop loss is at 0.8360 which is a level that lies underneath a swing-low support. Take profit is at 0.8541 which is a multi-swing-high resistance that aligns close to the 50.0% Fibonacci retracement...
USD/CHF is falling towards a potential breakout level and could drop lower from here. Sell entry is at 0.8435 which is a potential breakout level. Stop loss is at 0.8470 which is a level that sits above the 38.2% Fibonacci retracement level and an overlap resistance. Take profit is at 0.8409 which is a swing-low support that aligns close to the 161.8% Fibonacci...
Waiting for USDCHF to rise The franc got a beautiful culmination on Friday with a false takeout of the support level around 0.84. The price gave an upward reaction and overlapped the culmination candle. Usually in such cases make an internal pullback and upside as shown in the scheme. We bought in a private channel at 0.8410 and also wrote about it immediately,...
USD/CHF is rising towards a swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.8527 which is a swing-high resistance that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 0.8575 which is a level that sits above the 50.0% Fibonacci retracement level and an overlap resistance. Take profit is at...
In a global economy where central banks are leaning towards softer monetary policies, the Swiss Franc is charting its own course—strengthening against the odds. But what forces are truly at play here? Is it merely the cautious whispers of the Swiss National Bank, or is there a deeper undercurrent, tied to inflation expectations and global safe-haven flows? As we...
Switzerland's Consumer Price Index (CPI) for August is forecast to show a year-over-year increase of 1.2%, down from 1.3% in July. On a month-over-month basis, CPI is expected to rise by 0.1%, rebounding from the prior month’s 0.2% decline. The figures, due on Tuesday, come as Swiss National Bank (SNB) President Thomas Jordan recently acknowledged the challenges...
USD/CHF has made bullish break above a descending trendline and could potentially rise higher. Buy entry is at 0.8444 (wait for the 1-hour candle to close above this level for confirmation). Stop loss is at 0.8385 which is a level that lies underneath a swing-low support level. Take profit is at 0.8552 which is a pullback resistance that sits under the 50.0%...
USD/CHF is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.8535 which is an overlap resistance that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 0.8617 which is a level that sits above the 50.0% Fibonacci retracement level and a pullback resistance. Take profit is at...
EUR/CHF is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 0.9518 which is an overlap support. Stop loss is at 0.9477 which is a level that lies underneath an overlap support and the 23.6% Fibonacci retracement level. Take profit is at 0.9581 which is a pullback resistance. High Risk Investment...
USD/CHF is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.8917 which is an overlap resistance that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 0.8988 which is a level that sits above a pullback resistance. Take profit is at 0.802 which is a swing-low support. High Risk...
USD/CHF is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.8932 which is a pullback support. Stop loss is at 0.8901 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level. Take profit is at 0.8995 which is a pullback resistance that aligns with the...
USD/CHF is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.8932 which is a pullback support. Stop loss is at 0.8901 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level. Take profit is at 0.8995 which is a pullback resistance that aligns close to the...
USD/CHF is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.8972 which is a pullback resistance that aligns with the 61.8% Fibonacci retracement level. Stop loss is at 0.9010 which is a level that sits above a pullback resistance. Take profit is at 0.8917 which is a pullback support that aligns...
USD/CHF is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.8989 which is an overlap resistance that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 0.9046 which is a level that sits above the 61.8% Fibonacci retracement level and a pullback resistance. Take profit is at...
USD/CHF is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.9030 which is a pullback support that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 0.8983 which is a level that lies underneath an overlap support. Take profit is at 0.9098 which is an overlap resistance that aligns...
Hi guys, this is my overview for USDCHF, feel free to check it and write your feedback in comments👊 Recently price entered to falling channel, where it first reached resistance level, which coincided with resistance area. Then CHF bounced down from this level and fell to almost support line of channel, after which made upward impulse. Swiss Franc exited from...
USD/CHF is trading close to a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.9095 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 0.9184 which is a level that sits above the 78.6% Fibonacci retracement level and an overlap resistance. Take profit is at...
We are in a down trend and currently in the corrective phase of the leg. We have not gotten a multi touch confirmation but we got a second touch which is also still valid to use. Price tested the previous high and rejected. Going down into lower time frames. The are 3 bearish soldiers from that rejection which show further market strength. We are in a very...