Swiss
USDCHF LongThis is a very special pair, that has been behaving like the DXY, but with a major difference. It didn't break to new highs, but respected the Nov 2015 high.
At the 0.985 level, there is a lot of resistance that can turn into support, as well the up trending support which dates back to May 2016.
This trade has a natural 2:1 R/R ratio, which makes it even more attractive.
CADCHF Look for short below resistanceI'm going to watch to short this pair. It may continue to go down if it can't stand above red resistance zone. Try to find some good entries with reasonable stop loss.
USDCHF Buy Believe NFP will cause the USDCHF to rise in an uptrend to resistance level 1.0292 area, to test. Could break higher to 1.0330 by next week.
AUD/CHF BEARISH TILL 0.74809I find 2 "Wolfe Waves" in Aussie/Swissy 3H chart . It's time for short !!!
CAD CHF long- good r/r ratio
- strong confluence
- fib
- trendline
- volatility
- news coming out in 2 hours
could swiss will gaining on greenback this monthas solely my opinion, short is more preferable as its still not being able to break the strong resistance
Swiss/Yen ShortMA + Price action rejection. Limited risk, trade has 2 TL's to compete with if it is to move lower. Market must accelerate lower to prove itself. Either way risk is limited.
Swiss Franc Downtrend ContinuationThe Franc has been in a moderate downtrend for a while and has recently taken a dip. Over the last few days we've seen some profit taking from the shorts with a minor peak. With the overall downward pressure of the daily/monthly downtrend, and the lack of much support below, I expect to see USDCHF continue on downwards.
Novartis Ready For A Fresh Leg HigherNovartis has corrected about 7% towards and below its 200day moving average, and is coming back. A close above 78.35 today, would confirm that. Momentum indicators were a little oversold and are bouncing.
Stop at 77.50
Target zone: 82.80 - 84.00
GBP CHF 4HR Chart ShortShort here. No major news events arising in next few days / week. Following range drawn my trend lines. Meets fib retracement rules.
EURO/SWISS FRANC My Prediction for Short.EURO/SWISS FRANC My Prediction for Short. I think that it will fall short because with past trends it has peaked and then fallen to slump but will eventually recover.
Short Trade off a Daily levelThis setup really caught my eye. I really like the move away from the area. One of the key attributes of an area that I look for is the move away. The move away is extremely strong as well as clean indicating that there is lots of imbalance. One thing to keep in mind is that price my very well trade from the .97091 area where the wicks are protruding my entry line. I move my entry up to the real body of the candle to cut back on the risk of this setup. If your pockets are a little deeper than mine and you can handle a bit more risk, feel free to move the entry to include the wicks. Although that will increase your risk slightly, the odds of you getting filled on this setup is increased.
AUD/CHF: MIDAS TECHNICAL ANALYSISPrice have come back to test the Midas R2 curve. I am looking to buy if price close above 0.75.
Midas Trading Tools for MT4 is available to download @ MQL5.com
USDCHF Long IdeaThis is my USDCHF idea for long, I know last week it has been somewhat bearish , I think it is now hitting resistance and looking for way up.
USD/CHF - Breakout pendingWill be looking to take a long position on USD/CHF based on the following reasons:
- 0.618 fib support held strong
- Inside a falling wedge which is normally a sign of reversal
- Following NFP earlier this month, the dollar has seen unprecedented strength, therefore I expect this to continue
As always, trade safe
