USDCHF H4 | Potential bullish bounce off overlap supportUSD/CHF could fall towards an overlap support and potentially bounce off this level to climb higher.
Buy entry is at 0.86303 which is an overlap support.
Stop loss is at 0.85800 which is a level that sits under an overlap support and the 23.6% Fibonacci retracement level.
Take profit is between 0.87150 and 0.87307 which is an overlap resistance that aligns close to the 78.6% Fibonacci retracement level.
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Swissfranc
CHFJPY, DOOMSDAY BEAR-MARKET Scenario, Wedge-TRIGGER-Setup!Hello There!
Welcome to my new analysis about CHFJPY on several timeframe perspectives. The CHFJPY conditions have accelerated to an unnatural dynamic recently as the pair moved into new highs instead of the massive overbought condition and the fact that this main reversal into the bearish direction should have setup already long times before especially considering the deficit of capital flows in CHF against the JPY there is a lot of bearish pressure present for CHF.
On the broader perspective the pair is forming this gigantic ascending-wedge-formation in which it already penetrated the lower boundaries with crucial bearish momentum spikes into the lower direction. This means that once a huge bearish pressure spike below the lower boundary has setup this will lead to many long liquidation triggers down the road and will lead to further continuations into this perspective. When the bearish pressure accelerates heavily this will also lead to the massive head-shoulder-formation to be completed triggering further bearish liquidations and momentum.
Especially with a further increase of the deficit in capital flows between CHF and JPY this will lead to the main market momentum to convert into a bearish dynamic and will lead to the underlying bearish scenario perspective to be confirmed by traders and investors moving into a more bearish sentiment consideration. Once the whole head-shoulder-formation has completed the momentum is likely to accelerate to the target-zones mentioned.
In this manner, thank you everybody for watching the analysis, support from your side is greatly appreciated.
VP
DXY sliding downDollar index show rise in currencies like swiss franc. Every bull run in gold and silver has been linked with a rise in swiss franc since they used to have large gold holding.
If dollar persists lower and sticky inflation and sticky rates, does that mean that the market is pricing in more debt and money printing? Is the break out in swiss franc marking a green light for metals?
EURCHF - Detailed Video Analysis!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for EURCHF.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
CADCHF Trade IdeaA long trade opportunity recently presented itself on the CADCHF trading chart. This is signalled by a bullish harami candlestick pattern just above the 0.73580 horizontal support level. Depending on when you enter this trade, you could expect a reward-to-risk ratio of 3.73 with SL at 0.73549 and TP at 0.74519
U.S Bond Yield's & Trading EUR/USD, USD/JPY & USD/CHFIn this video, I break down how the U.S Dollar has been strengthening against the EUR. JPY & CHF since the start of 2021 as U.S Bond Yields have been rising due to inflation expectations.
This is extremely important to understand when trading currency markets.
I breakdown this historical relationship using excel spreadsheet examples and live chart analysis.
Enjoy
USD_CHF ON KEY LEVEL|TRADING PLAN
USD_CHF has reached the lower boundaries of the daily key resistance level.
Coupled with the double top with the second top being the lower high, I am bearish on the pair.
Now, depending on the style of trading you prefer, you might wanna enter a short now, If you are an aggressive trader,
Or, you need to wait till the conclusive breakout of the horizontal support line and short on pullback, if you utilize a more conservative strategy.
The diagonal support line will stand in the way of the downward movement so depending on style of trading, you might want to place your first target at support line.
Guys, thank you for watching!
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See you next time!
ORBEX: AUDCHF, USDMXN: Both Looking Bearish!In today’s #marketinsights video recording, I talk about FX Minors AUDCHF and USDMXN as they both seem to be moving down impulsively.
Added uncertainty amid the latest trade delay, and poor Chinese activity and Australian employment data all add pressure on the Aussie.
Mexican peso, on the other hand, weakened yesterday following Banxico's decision to cut rates! But technicals hint to a short-term rise only?
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
CHF/JPY: Bulls Grinding at 110!Hello dear Forex friends, and welcome to this CHF/JPY analysis.
We have quite a few patterns going on in the chart, and the bulls are currently trying to get the push above 110. We're gonna look at potential target zones together. Also look at my other Forex ideas from today. Have fun watching! ;)
If you had some value from our analysis, give it a thumbs-up & comment it, because the mechanism shows our analysis to other people then. Make also sure to follow us so you get notified on our analyses! I wish you a good trading! :)
Edgy is providing online education & indicators only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.