USDCHF at a 27-month low. USDCHF - 24h expiry
Our bespoke support of 0.8860 has been clearly broken.
Previous support at 0.8860 now becomes resistance.
Trades at the lowest level in 27 months. We are trading at oversold extremes.
A lower correction is expected.
There is no clear indication that the downward move is ending.
We look to Sell at 0.8874 (stop at 0.8904)
Our profit targets will be 0.8804 and 0.8794
Resistance: 0.8840 / 0.8870 / 0.8890
Support: 0.8820 / 0.8800 / 0.8780
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Usd-chf
USDCHF to find sellers at market?USDCHF - 24h expiry
Daily signals are bearish.
Preferred trade is to sell into rallies.
20 1day EMA is at 0.8982.
0.8996 has been pivotal.
We look for a temporary move higher.
We look to Sell at 0.8989 (stop at 0.9019)
Our profit targets will be 0.8919 and 0.8909
Resistance: 0.8960 / 0.8976 / 0.8995
Support: 0.8930 / 0.8910 / 0.8900
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
USDCHF Potential UpsidesHey Traders, in today's trading session we are monitoring USDCHF for a buying opportunity around 0.89100 zone, USDCHF is trading in an uptrend and now seems to be in a correction phase in which it is approaching the major trend at 0.89100 support and resistance zone.
Trade safe, Joe.
USDCHF to find sellers at previous swing high?USDCHF - 24h expiry -
We look for a temporary move higher.
Daily signals are bearish.
Preferred trade is to sell into rallies.
20 1day EMA is at 0.8988.
0.8996 has been pivotal.
We look to Sell at 0.8986 (stop at 0.9016)
Our profit targets will be 0.8916 and 0.8906
Resistance: 0.8960 / 0.8976 / 0.8995
Support: 0.8930 / 0.8910 / 0.8900
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
NZDCHF SHORT TRADEOn NZDCHF, I have identified a supply zone in which the price has bounced multiple times without breaking through. As the price went down, it created a demand zone which it used as a support level. In fact, the price has been ranging during the past week. Today, I noticed a break of the lows within the demand zone, so I will proceed to use this zone as a potential entry point.
Let me know what you think.
Good trading to all.
USDCHF for a possible bounceAfter price broke structure to the upside with momentum, it left behind a decisional POI with and imbalance. Price then retraced back and is currently forming liquidity above it that it could potentially use to push further to potentially take out top liquidity and fill a major higher timeframe imbalance.
USDCHF Channel Down rejection on the 4H MA50. Sell signal.The USDCHF pair has been trading within a Channel Down pattern since March 08 High, with a Diverging Lower Lows trend-line supporting on the April 13 Low. For the past three days however, the 4H MA50 (blue trend-line) has been rejecting the price. That has been the standard short-term Resistance since March 22, so almost a full month.
As a result, it is more likely to see a bearish continuation within the Channel Down, targeting the Lower Lows again at 0.87890. This would complete a -2.41% drop similar to March 23, as the two fractals are quite identical, especially in terms on RSI.
If the price closes a 4H candle above the Channel Down though (0.236 Fibonacci), we will turn bullish instead and target first the 0.382 Fib (0.90835) and the 0.5 Fib (0.91500) in extension on a possible contact with the 1D MA50 (red trend-line).
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USDCHF: Sell this rebound to the 1D MA50USDCHF is trading inside a Channel Down with technicals bearish on the 1D time-frame (RSI = 40.330, MACD = -0.007, ADX = 38.527). As the price is rebounding on S1 and the 1D RSI rebounded from the oversold 30.000 level, we projected a rebound near the 1D MA50, where we will turn bearish again, targeting S2 (TP = 0.87610).
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USDCHF Potential UpsidesHey Traders, in today's trading session we are monitoring USDCHF for a buying opportunity around 0.897 zone, a bullish pattern has emerged on USDCHF indicating some potential upsides after some hawkish comments from Fed Waller, so we will be watching a potential retrace of the breakout from 0.897 levels.
Trade safe, Joe.
USDCHF to stall at previous support?USDCHF - 24h expiry -
The previous support level of 0.9030 was broken.
Previous support at 0.9030 now becomes resistance.
We are trading at oversold extremes.
We look for a temporary move higher.
The primary trend remains bearish.
We look to Sell at 0.9034 (stop at 0.9064)
Our profit targets will be 0.8959 and 0.8949
Resistance: 0.8960 / 0.8975 / 0.9030
Support: 0.9828 / 0.8910 / 0.8870
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
USDCHF Potential DownsidesHey Traders, in tomorrow's trading session we are monitoring USDCHF for a selling opportunity around 0.903 zone. USDCHF is trading in a downtrend and now seems to be in a correction phase in which it is approaching the major trend at 0.903 supply and demand zone so i will be watching how the price action will be over there.
Trade safe, Joe.
USDCHF continues to selloff.USDCHF - 24h expiry -
There is no clear indication that the downward move is coming to an end.
A Morning Doji Star formation has been posted at the low.
We look for a temporary move higher.
Previous support at 0.8950 now becomes resistance.
20 4-hour EMA is at 0.8950.
We look to Sell at 0.8952 (stop at 0.8982)
Our profit targets will be 0.8877 and 0.8867
Resistance: 0.8900 / 0.8920 / 0.8950
Support: 0.8870 / 0.8860 / 0.8840
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
USDCHF Breaking out an important weekly zoneHey Traders, in today's trading session we are monitoring USDCHF for a selling opportunity around 0.89400 zone, USDCHF was trading in an uptrend and successfully managed to break it out after a soft CPI, if we get a correction i would watch a potential retrace around 0.89500 towards this week PPI that will give us more confirmation what fed next move will be.
Trade safe, Joe.
USDCHF trades at the lowest level in 21 months.USDCHF - 24h expiry -
Trades at the lowest level in 21 months.
Our short-term bias remains negative.
There is no clear indication that the downward move is coming to an end.
Previous support at 0.9040 now becomes resistance.
The preferred trade is to sell into rallies.
We look to Sell at 0.9038 (stop at 0.9068)
Our profit targets will be 0.8963 and 0.8953
Resistance: 0.8980 / 0.9005 / 0.9040
Support: 0.8960 / 0.8943 / 0.8900
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
USDCHF Approaching an important supply zoneHey Traders, in the coming week we are monitoring USDCHF for a selling opportunity around 0.912 zone, USDCHF is trading in a downtrend and now seems to be in a correction phase in which it is approaching the major trend around 0.912 support and resistance zone. i would also consider this setup as CHF is considered a safe haven in time of uncertainties and considering that the market is expecting a cut in rate hike from the federal reserve.
Trade safe, Joe.
USDCHF Sell higher, buy the breakoutUSDCHF is trading inside a Channel Down.
The last Low was made on the Falling Support that is in effect since February 14th.
Trading Plan:
1. Sell when the price hits the MA50 (4h).
2. Buy if it crosses over Resistance (1).
Targets:
1. 0.8990 (Falling Support).
2. 0.91950 (Resistance 2).
Tips:
1. The RSI (4h) is under a Falling Resistance. The last two times it approached the 30.00 level, the Channel Down formed a Low. Use this as a buy entry and the Falling Resistance as a sell in addition to the conditions above.
Please like, follow and comment!!
USDCHF Potential DownsidesHey Traders, in today's trading session we are monitoring USDCHF for a selling opportunity around 0.90800 zone, We are watching a potential retrace of 0.908 support zone towards more lows. Fundamentally all US data continue to print soft and CHF is still considered a safe haven along with JPY so we expect both to continue outperforming USD.
Trade safe, Joe.
USDCHF - Around Weekly Support 🏹Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
on WEEKLY: Left Chart
USDCHF is stuck inside a range between our 0.90 support and 0.95 resistance, and since USDCHF is now around support, we will be looking for buy setups.
on H1: Right Chart
USDCHF is forming a channel in red but it is not ready to go yet.
🏹 For the bulls to take over , we need a momentum candle close above the last major high in gray.
Meanwhile, until the buy is activated, USDCHF can still trade lower and even break the support downward.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
USDCHF has hit 19-months low.USDCHF - 24h expiry - We look to Sell at 0.9129 (stop at 0.9159)
Trades at the lowest level in 19months.
Previous support at 0.9125 now becomes resistance.
We are trading at oversold extremes.
Our short term bias remains negative.
Preferred trade is to sell into rallies.
We look for a temporary move higher.
Our profit targets will be 0.9059 and 0.9049
Resistance: 0.9065 / 0.9100 / 0.9125
Support: 0.9052 / 0.9025 / 0.9000
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
USDCHF Potential DownsidesHey Traders, in today's trading session we are monitoring USDCHF for a selling opportunity around 0.917 zone as USD shorts seem to be interesting against the classic safe havens, USDCHF is trading in a downtrend and now is in a correction phase in which pullbacks are approaching the major trend around 0.917 resistance zone. if the rejection is confirmed i would consider more lows towards 0.9 daily zone as a target.
Trade safe, Joe.