The Swiss National Bank came out again with another cut. This move weakened the CHF against its major counterparts. #usdchf FX_IDC:USDCHF EASYMARKETS:USDCHF Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for...
We're seeing USDCHF test a key resistance level at the 0.8988 level which is a strong overlap resistance + 38% Fibonacci retracement and a 100% Fibonacci projection. On top of that, there's a bearish Ichimoku cloud that is contributing to prices being pushed down. If a reversal occurs from here, we could see it drop towards the 0.8907 level which is the recent...
Today we look at USDCHF on the D1 timeframe. There's a fair bit of resistance at the 0.9100 level where there's an overlap resistance, 23.6% Fibonacci retracement and a 50% Fibonacci retracement. The bearish momentum from the Ichimoku cloud could also nudge prices lower. A reversal from here could see prices drop to the major support level of 0.8871. Any...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. Here is a detailed update top-down analysis for USDCHF . 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
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. Here is a detailed update top-down analysis for USDCHF. 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
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. Here is a detailed update top-down analysis for USDCHF. 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
USDCHF on the weekly chart found a bottom over the important support structure. The market from there started a nice impulse to the upside. On the 4h chart the price broke the retracement channel and tested the 0.618 Fibonacci level. Now we can expect a continuation to the upside and according to Plancton's strategy if the price will satisfy the conditions we...
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USDCHF is facing bearish pressure from 100% Fibonacci extension and 127.2% Fibonacci retracement. Prices might push down towards horizontal swing low support in line with 38.2% Fibonacci retracement and 50% Fibonacci extension. If prices push up towards, prices might face resistance from horizontal swing high resistance in line with 161.8% Fibonacci retracement as...
Prices are facing bearish pressure from descending trend line resistance which is in line with horizontal swing high resistance, 50% Fibonacci extension and 78.6% Fibonacci retracement. Prices might push down towards 1st support which is in line with horizontal swing low support, 78.6% Fibonacci extension and 161.8% Fibonacci retracement. If prices push up...
Prices are facing bearish pressure from pullback resistance which is in line with 100% Fibonacci extension and 50% Fibonacci retracement. Prices might push down towards 1st support, in line with 78.6% FIbonacci extension and -27.2% Fibonacci retracement fibonacci confluence area. If prices push up further, prices might face resistance from 2nd resistance in line...
Prices are facing bullish pressure from ascending trendline support which coincides with our pivot level and 50% fibonacci extension as well as 78.6% fibonacci retracement. Prices might push up towards 1st resistance which coincides with 61.8% fibonacci extension and 161.8% fibonacci retracement. If prices break through the trendline, prices might take support on...
USDCHF has broken through downtrend line on the daily timeframe. It has the potential to bounce from 1st support, which coincides with horizontal swing high and 61.8% Fibonacci extension level to the 1st resistance which is a Fibonacci confluence area of -27% Fibonacci retracement and 161.8% Fibonacci extension. If prices were to break through our first support,...
USDCHF could breakout, more downside !
USDCHF breaking the trendline, more downside !
USDCHF breaking the trendline, more downside !
USDCHF broke above upside confirmation !