Based on the trading indicators attached to my chart, it is clear to see that the USDCHF will be heading downwards 1) the USDCHF has broken pass powerful support levels 2) the other indicator attached is clearly showing all moves to the downside. more opportunities to come!
The USD/CHF pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours. Possible Long Trade: Entry: Consider Entering A Long Position Above The Broken Trendline Of The Triangle After...
Hey Traders, in the coming week we are monitoring USDCHF for a selling opportunity around 0.88800 zone, USDCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.88800 support and resistance area. Trade safe, Joe.
The USD/CHF currency pair has been on a steady decline following a significant reversal at the 0.9225 level, where the price started to exhibit bearish behavior. This shift in trend has captured the attention of traders and analysts alike, prompting a deeper examination of the market conditions and potential future movements. In analyzing the Commitments of...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 As per our last analysis, attached on the chart, USDCHF rejected the resistance zone and traded lower. Currently, USDCHF approaching the lower bound of the red channel. Moreover, it is retesting a support zone marked in blue. 🏹 Thus, the highlighted blue circle is a...
USD/CHF is has reacted off the pivot which acts as a pullback support and could rise to the 1st resistance level. Pivot: 0.8832 1st Support: 0.8782 1st resistance: 0.8872 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...
Hey Traders, in today's trading session we are monitoring USDCHF for a selling opportunity around 0.89400 zone, USDCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.89400 support and resistance area. Trade safe, Joe.
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: 0.8914 Why we like it: There is a pullback resistance level which aligns with the 61.8% Fibonacci retracement. Stop loss: 0.8969 Why we like it: There is a pullback resistance...
Hey Traders, in today's trading session we are monitoring USDCHF for a selling opportunity around 0.89500 zone, USDCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.89500 support and resistance area. Trade safe, Joe.
USD/CHF has just bounced off the support level which is a pullback support and could rise from this level to our take profit. Entry: 0.8827 Why we like it: There is a pullback support level. Stop loss: 0.0.8786 Why we like it: There is a pullback support level. Take profit: 0.8886 Why we like it: There is a pullback resistance level. Please be advised that the...
Hello Traders, I'll short the pair after a confirmation, I'm more eager to short around top of the short-term channel. This is the daily chart, A clear bearish channel is obvious. We have perfectly reacted to the top of this channel. And this is 2h chart. A bullish channel formed and is broken now! We even observed a reversal and we are waiting for more...
USD/CHF has bounced off the pivot and could potentially rise to the 1st resistance which is an overlap resistance. Pivot: 0.8917 1st Support: 0.8884 1st Resistance: 0.8993 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...
USD/CHF is rising towards the resistance which is an overlap resistance that lines up with the 61.8% Fibonacci retracement and could potentially reverse from this level to our take profit. Entry: 0.8995 Why we like it: There is an overlap resistance that aligns with the 61.8% Fibonacci retracement. Stop loss: 0.9045 Why we like it: There is a pullback resistance...
USD/CHF is reacting off the resistance level which is an overlap resistance that aligns with the 38.2% Fibonacci retracement and could potentially fall to our take profit. Entry: 0.8983 Why we like it: There is an overlap resistance level which aligns with the 38.2% Fibonacci retracement. Stop loss: 0.9009 Why we like it: There is a pullback resistance level...
USD/CHF is reacting off the pivot and could potentially drop to the 1st support which has been identified as a pullback support. Pivot: 0.8993 1st Support: 0.8917 1st Resistance: 0.9046 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...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 USDCHF has been overall bearish, trading within the falling wedge in red. Currently, USDCHF is hovering around the upper bound of the wedge. Moreover, it is retesting a resistance zone marked in green. 🏹 Thus, the highlighted red circle is a strong area to look for sell...
USD/CHF is falling towards the support level which is an overlap support and could potentially bounce from this level to our take profit. Entry: 0.8983 Why we like it: There is an overlap support level. Stop loss: 0.8954 Why we like it: There is an overlap support level which is slightly below the 38.2% Fibonacci retracement. Take profit: 0.9059 Why we like...