ICMARKETS:USDCHF if it continues towards the downside, we will enter long at our entry point and from there we will aim towards our 2 targets. Let's hope for the best.
USD/CHF is rising towards the resistance level which is a pullback resistance that aligns with the 61.8% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.8498 Why we like it: There is a pullback resistance level that aligns with the 61.8% Fibonacci retracement. Stop loss: 0.8549 Why we like it: There is a pullback...
The USDCHF pair is trading considerably below its 1D MA50 (blue trend-line) since July 04 2024, as it was on a major 5-month Bearish Leg following the 1W MA200 (red trend-line) peak and rejection on May 01. The 1D MACD however has formed its 2nd straight Bullish Cross and last time that took place was on January 04 2024, right after the pair's bottom from the...
USD/CHF is falling towards the pivot and could bounce to the 1st resistance level that aligns with the 50% Fibonacci retracement. Pivot: 0.84047 1st Support: 0.8328 1st Resistance: 0.8495 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not...
ICMARKETS:USDCHF should play around the order blocks, in this case we can see a bullish setup at the moment, keep in mind the news when trading this.
USD/CHF is falling towards the pivot which acts as a pullback support and could bounce to the 1st resistance which has been identified as a pullback resistance. Pivot: 0.8495 1st Support: 0.8430 1st Resistance: 0.8584 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose....
Hey Traders, in today's trading session we are monitoring USDCHF for a buying opportunity around 0.85200 zone, USDCHF was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.85200 support and resistance area. Trade safe, Joe.
USD/CHF is rising towards the pivot which acts as a pullback resistance and could reverse from to the pullback support level. Pivot: 0.8528 1st Support: 0.8407 1st Resistance: 0.8626 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be...
USD/CHF has reacted off the support level which is an overlap resistance that aligns with the 61.8% Fibonacci retracement and could rise from this level to our take profit. Entry: 0.8475 Why we like it: There is an overlap resistance that aligns with the 61.8% Fibonacci retracement. Stop loss: 0.8410 Why we like it: There is a pullback support. Take profit:...
USD/CHF has reacted off the pivot which is a pullback support and could rise to the 1st resistance which acts as a pullback resistance. Pivot: 0.8405 1st Support: 0.8350 1st Resistance: 0.8533 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may...
USD/CHF is falling towards the support level which is a pullback support and could reverse from this level to our take profit. Entry: 0.8408 Why we like it: There is a pullback support level. Stop loss: 0.8357 Why we like it: There is a support level at the 127.2% Fibonacci extension. Take profit: 0.8479 Why we like it: There is an overlap resistance...
USD/CHF is falling towards the pivot which is an overlap support and could bounce to the pullback resistance. Pivot: 0.8446 1st Support: 0.8405 1st Resistance: 0.8527 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all...
USD/CHF is falling towards the support level which is an overlap support that lines up with the 61.8% Fibonacci retracement and could bounce from this level our take profit. Entry: 0.8446 Why we like it: There is an overlap support level which aligns with the 61.8% Fibonacci retracement. Stop loss: 0.8392 Why we like it: There is a pullback support level. Take...
USD/CHF has reacted off the pivot which acts as an overlap support and could rise to the pullback resistance. Pivot: 0.8502 1st Support: 0.8444 1st Resistance: 0.8569 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all...
USD/CHF is rising towards the resistance level which is an overlap resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.8562 Why we like it: There is an overlap resistance that aligns with the 50% Fibonacci retracement. Stop loss: 0.8630 Why we like it: There is an overlap resistance level which...
USD/CHF has reacted off the support level which is a pullback support and could rise from this level to our take profit. Entry: 0.8441 Why we like it: There is a pullback support level. Stop loss: 0.8362 Why we like it: There is a support level at the 127.2% Fibonacci extension. Take profit: 0.8564 Why we like it: There is an overlap resistance level which...
Hey Traders, in tomorrow's trading session we are monitoring USDCHF for a buying opportunity around 0.84000 zone, USDCHF was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.84000 support and resistance zone. Trade safe, Joe.
USD/CHF is falling towards the pivot, identified as pullback support, and could bounce to the 1st resistance which is a pullback resistance. Pivot: 0.8443 1st Support: 0.8380 1st Resistance: 0.8532 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and...