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Swissfranc

AUD/CHF Why Not?OANDA:AUDCHF Sure, why not trade something I don't normally look at. I have to start with this pair at some point. After a couple of close TP misses prior/during the recent Asian session, took a short on the Aussie Swissy heading into a round number before NYSE open. After the opening bell, it slowly chopped and hit my hard 10pip TP, right before the small whiplash "Pending Home Sales" USA release 10:00 am est (UTC-5). My trades are not huge pip amounts, but consistency wins the race. Think rabbit and the tortoise, and the amount of lots on each of my positions. Trade well
Short
by makerup
1
CADCHF high potential to reach lower pricesIf the Canadian banks do not create a big demand, it is very likely that the strength of the Canadian dollar will decrease compared to the franc, and we will see the fall of this chart in the coming hours. CADCHF has been examined in different dimensions: 1- Strong supply and demand levels that I identify with my own indicator and system. 2- The structure of recently formed waves 3- Current market momentum 4- The structure of classical and price patterns In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the potential of continuation or reversal. Usually, paying attention to the trend and strength of the trend can greatly increase the accuracy of the analysis. In general, I tried to describe the continuation of the movement in the simplest possible way in the diagram. ⚠️ Disclaimer: This is a personal opinion and you are responsible for any trading decisions.
Short
by HamidRamezani1992
USDCHF Multi-time frame analysis This is a top-down analysis on USDCHF Monthly Chart Analysis: On the monthly chart, we can see that USDCHF has been in a downtrend since 2001 until 2011, where it formed a bottom and has been ranging since then. The range has been established between 0.8700 and 1.0300. The price action has been oscillating within this range for over a decade now, which suggests that the market is indecisive about the direction of the pair. Weekly Chart Analysis: On the weekly chart, we can see that USDCHF has been trading in a range for the last 5 years, with no clear direction. The range has been well-defined between 0.9400 and 1.0200. Within this range, we can see some minor trends on lower timeframes, but they are not strong enough to break the range boundaries. Daily Chart Analysis: On the daily chart, we can see that USDCHF has been oscillating within a narrower range between 0.9500 and 0.9900 for the last few months. We can observe some minor trends on this timeframe, but they are not strong enough to break the range boundaries. The recent price action has been choppy, with no clear direction. 4-Hour Chart Analysis: On the 4-hour chart, we can see some short-term trends within the range boundaries. The recent price action shows some bullish momentum as the price broke above the 0.9800 resistance level. However, the price is currently trading below the 0.9900 resistance level, which suggests that the market is still indecisive about the direction of the pair. Conclusion: USDCHF has been trading in a range for over a decade now, with no clear direction. Traders who are looking for a trending market may find it challenging to trade this pair. However, traders who are comfortable trading ranges can find some opportunities within the range boundaries on lower timeframes. Currently, the pair is showing some bullish momentum, but the market is still indecisive about the direction of the pair. Therefore, traders should be cautious and wait for a clear break of the range boundaries before taking any significant trading positions. If you find this enlightening, please like and comment below
by Popeson
Dollar/Swiss with a rise on the HorizonThere's been an extended drop in price all the way since the highs in early November. It seems we've touched bottom establishing resistance at 0.9060. This level should absolutely hold for this scenario that I'm looking to play out. That being said, I can perfectly see the price surrendering last week's rally in its entirety before turning around again and really taking off to a new high. It might also happen that it just soars from the open and never look back. I showed in the graph two specific zones in which if the swissie trades below last week's lows, I'll be looking for a buying entry. Happy Trading :)
Long
by HydraFinance
USDCHF Channel Down 1DMA50 rejection but can transition sidewaysThe USDCHF pair has been trading within a perfect Channel Down pattern since the November 30 2022 High. On Monday we had a strong rejection on the 1D MA50 (blue trend-line) and that should start the next bearish leg towards the Channel's Lower Low. This time however, if the 0.90625 February 02 Low doesn't break, we may see the pair turn sideways as the blue range shown on the chart (0.9090 - 0.93700) has been a high volatility region for more than 5 months (October 2021 - mid March 2022). Of course in order for that to materialize, we need a 1D candle close above the 1D MA50, which hasn't been done since November 07 2022. Until then, every Lower High rejection is a sell opportunity towards 0.90200 (Support 1) and if broken then 0.89260 (Support 2). Notice how the 1W MA100 (red trend-line) is comfortably located at the top of the range. Only a 1D candle close above it can turn the pair bullish towards the 1D MA200 (orange trend-line). An indicator that supports this sideways transition to the range is the 1D RSI which in contrast to the price's Channel Down, it has been within a Channel Up since November 11, hence a Bullish Divergence. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
1
CADCHF Buy Swing Trade Hi All, This is one of our swing trade for this year. we are anticipating this pair to break out of the downward trend channel. This pair has been trading side ways for over a year and we believe we have bottom out now. This is not a day trade!!! so if you want to day trade you will have to take profit where you see fit and re-enter where you feel comfortable using H1 and M1 timeframe. Entry and SL including TPs marked. Like, share , follow and comment. Many Thanks
Long
by creamygem
CADCHF Above its 1D MA50 and bullishThe CADCHF pair closed yesterday above its 1D MA50 (blue trend-line) for the first time since November 08 2022. This is a bullish break-out opportunity targeting the 1D MA100 (green trend-line) as every prior time this break-out took place, the price always hit the 1D MA100 within the 6 month Bearish Megaphone pattern. Note that the 1D RSI being on Higher Lows, supports the bullish case. A break below the 0.67750 Support though will be a sell signal targeting 0.6660, which represents a -4.50% drop from the January 13 High, which is an average decrease since June 2022. Previous CADCHF signal: ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
AUDCHF Consider this buy break-out signalThe AUDCHF pair hit yesterday its 1D MA200 (orange trend-line) for the first time since September 05 2022. The key on the current price action is the weekly (1W) closing. In September it failed to close a 1W candle above the 1D MA200 and naturally it got rejected to the bottom the long-term Channel Down that it has been trading in since mid 2021. The current sequence is quite similar to the July 2021 - March 2022 fractal. The pair failed to close a week above the 1D MA200 during October 2021 and dropped back to the bottom of the Channel Down. In early March 2022 though, on the new 1D MA200 test, it succeeded at closing a week above it and the price soared eventually to the top (Lower Highs trend-line) of the Channel Down, just above the 1.236 Fibonacci extension level, completing a +10.60% rise. So naturally if we get that weekly closing above the 1D MA200 now, probabilities are with us to buy and target 0.6800, whihc is slightly below a +10.60 extension and the 1.236 Fib. As long as the price closes below it though, it remains a sell opportunity, towards at least the 1D MA50 (blue trend-line) on the short-term. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
by TradingShot
2