USDCHF is up to touch the weekly resistance, if it broke the next target is 0.9500
Hey guys, The pair is recovering from its lows. As I am bullish on DXY, I am looking at bullish price action on USD pairs. I found out an interesting one on USDCHF. Price broke to the upside the parallel channel and the projected target is around 0.94 (first target). Cheers Jesse
The US Dollar has been constrained by a descending channel against the Swiss Franc after hitting a resistance at the 200—hour simple moving average on January 10. The currency pair has been bouncing between the upper and lower boundaries of the junior channel. However, there could be a breakout through the upper boundary during the next trading days. If the...
Buy above 0.9264. Stop loss at 0.9199. Take profit at 0.9438. Reason for the trading strategy (technically): Price has dropped perfectly from our selling area to our profit target. We prepare to buy above major support at 0.9264 (Fibonacci extension, horizontal swing low support, bullish exit) for a bounce up to at least 0.9438 resistance (Fibonacci retracement,...
We have a bullish 3 drives pattern that has retested a support line. nice setup for a long term buy. 280-700 pips
Sell below 0.9446. Stop loss at 0.9572. Take profit at 0.9264. Reason for the trading strategy (technically): Price is testing major resistance at 0.9446 (Multiple Fibonacci retracements, horizontal pullback resistance, bearish ichimoku cloud) and we expect a strong reaction from here for price to drop further to 0.9264 support (Fibonacci extension, horizontal...
Price broke below both Weekly Trendline & Support level, failed retest on Friday and posting a nice flag now. Waiting for Candlestick action.
Rebound in uptrend, it will go up until touching the first montly level.
Price has broken out of the Inverse H&S pattern I think it should retrace down to the Neckline area for aa Long Trade of 230+ pips.
Hey guys, USDCHF has been heavily under pressure over the last weeks. We could have a rebound from these levels. Watch for a clear breakout of the median line. The 1st target will be 0.94. Cheers Jesse Any like/comment will be highly appreciated.
Sorry guys, no crypto this time. I have to make this a quick share with you. Normaly I don't post currency, only if I see great chances. This is one of them. SL: Below support lines and move it higer when price is going up.
0.945 - 0.95, this support level is been solid since Oct 2015. Are we able to see this level holds or? We will closely monitor this level. !!
Hi Traders, here my big picture analysis of the USD-CHF. In the chart you find trend analysis of the different timeframes and important support and resistance levels. I also spotted a high probabilty trading chance with the completion of a bullish Bat Pattern. Good Trades! P.S.: Only trade your plan!
Buy above 0.9569. Stop loss at 0.9501. Take profit at 0.9699. Reason for the trading strategy (technically): Price is now testing major support at 0.9569 (Fibonacci extension, horizontal swing low support) and we expect a bounce above this level to push price up to at least 0.9699 resistance (Fibonacci retracement, horizontal pullback resistance). Stochastic...
USDCHF is testing major support at 0.9589 (ABC Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing low support) and a strong bounce could occur at this level to drive price up to at least 0.9695 resistance (Fibonacci retracement, horizontal pullback resistance). Stochastic (55,5,3) is seeing major support above 0.5% where a potential corresponding...
Buy above 0.9569. Stop loss at 0.9501. Take profit at 0.9699. Reason for the trading strategy (technically): Price is testing major support at 0.9569 (ABC Fibonacci extension, 76.4% Fibonacci extension, horizontal swing low support) and we expect price to make a nice bounce above this level to push it up to at least 0.9699 resistance (Fibonacci retracement,...