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Usd-chf

USDCHF Potential bearish drop | 3rd June 2022On the H4, with price moving below the ichimoku cloud, we have a bearish bias that price will drop to our 1st support at 0.95223 where the 61.8% Fibonacci retracement is from our 1st resistance at 0.96683 in line with the pullback resistance. Alternatively, price may break 1st resistance structure and head for 2nd resistance at 0.97525 where the swing high resistance is. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Short
by Rockqet
USDCHF potential for drop! | 2nd June 2022On the H4, with price moving below the ichimoku cloud , we have a bearish bias that price will drop to our 1st support at 0.95223 where the 61.8% Fibonacci retracement is from our 1st resistance at 0.96673 in line with the pullback resistance. Alternatively, price may break 1st resistance structure and head for 2nd resistance at 0.97525 where the swing high resistance is. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Short
by FXCM
USDCHF potential for drop! | 2nd June 2022On the H4, with price moving below the ichimoku cloud, we have a bearish bias that price will drop to our 1st support at 0.95223 where the 61.8% Fibonacci retracement is from our 1st resistance at 0.96673 in line with the pullback resistance. Alternatively, price may break 1st resistance structure and head for 2nd resistance at 0.97525 where the swing high resistance is. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Short
by Rockqet
USDCHF a short opportunity 🦐USDCHF on the 4h chart is trading at the recent highs. The price is in a bull trend and creates a possible short opportunity below a monthly resistance. After the head and shoulders neckline break the price in fact is approaching a minor support area. How can I approach this scenario? I will wait for the EU market open and check for a possible break below the support area . In that case, i will look for the Plancton's strategy to be satisfied and set a nice short order --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Short
by InkyGrip
4
USDCHF: A Roadmap for the Next Swing Buy Setup-INTRODUCTION- USDCHF has recently reached a new high at the 1.0060 level. After reaching a new high, the price retraced, and now aims to retest the 0.9600 support level. This is a very healthy pullback and we expect the price to arrive at somewhere in between 0.9400 ~ 0.9500 level. This area is the previous resistance level from where the price has broken up to reach a new high and also the 61.8% ~ 78.6% Fibonacci retracement levels. -TRADING PLAN- In the chart, we can see the price is moving within an ascending channel. From the bottom, the price often formed a reversal pattern, followed by a breakout and then a retest of the neckline before moving higher. Therefore, from the area of interest, we will look for a reversal pattern. After a breakout, we will then enter our buy orders at the neckline level to capture the retest. Check out our ongoing and previous pullback trading strategies below :)
Long
by NicoBeau_Capital
USDCHF More downside to come unless this level breaksThis is my latest update on the USDCHF pair which on my last analysis two months ago hit both targets: The pair is currently on a strong 3 day bearish 1D candle streak following its market top on May 16. That was achieved on the 1.236 Fibonacci extension of the long-term Channel Up it has been trading in since January 2021. The rejection resembles that of the April 01 2021 top, which caused a drop of around -5.70%. A similar drop would take the pair on the 0.236 Fibonacci retracement level, which would be perfectly symmetrical. The 1D MA200 (orange trend-line) may come in as Support by the time it reaches this Fib level. The correction will get invalidated however if the price breaks again bove the 1.0 Fib or when it bottoms, above the 0.786 Fibonacci, which was the Resistance during the previous recovery. In that case, I expect the pair to systematically target the higher Fibonacci extension levels one by one (1.382, 1.5, 1.618). -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
by TradingShot
2
USDCHF potential for a rise! | 18th May 2022On the H4, with price moving above our ichimoku cloud , we have a bullish bias that price will riseto our 1st resistance at 1.00497 where the 61.8% Fibonacci projection and swing high resistance is from our 1st support at 0.98848 in line with the horizontal overlap support and 50% fibonacci retracement . Alternatively, price may break 1st support structure and head for 2nd support where the horizontal pullback resistance is. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Long
by FXCM
1
USDCHF potential for a rise! | 18th May 2022On the H4, with price moving above our ichimoku cloud, we have a bullish bias that price will riseto our 1st resistance at 1.00497 where the 61.8% Fibonacci projection and swing high resistance is from our 1st support at 0.98848 in line with the horizontal overlap support and 50% fibonacci retracement. Alternatively, price may break 1st support structure and head for 2nd support where the horizontal pullback resistance is. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Long
by Rockqet
USDCHF can take a break? 🦐USDCHF on the 4h chart is trading at the recent highs. The price is in a bull trend and creates a possible double top below a monthly resistance. How can I approach this scenario? I will wait for the EU market open and check for a possible break below the support area. In that case, i will look for the Plancton's strategy to be satisfied and set a nice short order --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Short
by InkyGrip
8
USDCHF Potential rise | 6th May 2022 On the H4, with price moving above the ichimoku cloud indicator, we have a bullish bias that price will rise to our 1st resistance where the swing high resistance and 161.8% Fibonacci extension is from our 1st support in line with the horizontal pullback support and 23.6% Fibonacci retracement . Alternatively, price may break 1st support structure and head for 2nd support where the horizontal swing low support is. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Long
by FXCM
USDCHF Potential rise | 6th May 2022On the H4, with price moving above the ichimoku cloud indicator, we have a bullish bias that price will rise to our 1st resistance where the swing high resistance and 161.8% Fibonacci extension is from our 1st support in line with the horizontal pullback support and 23.6% Fibonacci retracement . Alternatively, price may break 1st support structure and head for 2nd support where the horizontal swing low support is. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Long
by Rockqet
USDCHF Potential bullish rise | 25th Apr 2022On the H4, with price moving above the ichimoku cloud , we have a bullish bias that price will rise to our 1st resistance of 0.95922 in line with the horizontal swing high resistance from our 1st support of 0.95282 in line with the 23.6% and 50% Fibonacci retracement . Alternatively, price may break 1st support and head for 2nd support at 0.94758 in line with the 38.2% Fibonacci retracement . Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Long
by FXCM
USDCHF Potential bullish rise | 25th Apr 2022On the H4, with price moving above the ichimoku cloud, we have a bullish bias that price will rise to our 1st resistance of 0.95922 in line with the horizontal swing high resistance from our 1st support of 0.95282 in line with the 23.6% and 50% Fibonacci retracement. Alternatively, price may break 1st support and head for 2nd support at 0.94758 in line with the 38.2% Fibonacci retracement. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Long
by Rockqet