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Usd-chf

USDCHF bearish continuation | 16th Nov 2021 On the H4 timeframe, we can see that price have broken out of the descending trendline resistance, signifying a bullish momentum. However, we can expect price to make a small retracement, and make a drop from 1st Resistance in line with 127.2% FIbonacci retracement towards 1st Support in line with 127.2% Fibonacci projection and 50% Fibonacci retracement. Our short-term bearish bias is further supported by the stochastic indicator where the %K line dropped from the resistance level. 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 approaching pivot, potential for a bounce!Description Price is approaching pivot level of 0.91691, which is in line with 50.0% Fibonacci retracement levelhorizontal overlap support. A reversal from this level may see price take resistance at price 0.92274. This level coincides with horizontal swing high resistance. Finally, we can expect price to take support at 0.9151161.8% Fibonacci retracement levelhorizontal overlap support . This is further supported by how price is now holding above the Ichimoku cloud support. Pivot: 0.91691 Why we like it: 50.0% Fibonacci retracement levelhorizontal overlap support 1st Support: 0.91511 Why we like it: 61.8% Fibonacci retracement levelhorizontal overlap support 1st Resistance: 0.92274 Why we like it: horizontal swing high resistance Trading FX & CFDs carries high risk.
Long
by VantageMarkets
USDCHF bullish continuation | 12th Nov 2021On the H4 timeframe, we can see that price have broken out of the descending trendline resistance, signifying a bullish momentum. We can expect price to bounce from pivot in line with 23.6% Fibonacci retracement towards take profit line with 161.8% Fibonacci projection . Our bullish bias is further supported by the RSI indicator where it is abiding to the ascending trendline. 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 bullish continuation | 12th Nov 2021 On the H4 timeframe, we can see that price have broken out of the descending trendline resistance, signifying a bullish momentum. We can expect price to bounce from pivot in line with 23.6% Fibonacci retracement towards take profit line with 161.8% Fibonacci projection. Our bullish bias is further supported by the RSI indicator where it is abiding to the ascending trendline. 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
1
#USDCHF approaching pivot, potential for a drop! Description Price is reacting below our pivot level at 0.92276 which is in line with 161.8% Fibonacci extension levelhorizontal swing high resistance. Price can potentially take support at 0.91871, which is in line with horizontal overlap support, 38.2% Fibonacci retracement level. Alternatively, price may rise up to our resistance at 0.92474, which coincides with horizontal swing high resistance . This is further supported by how price is likely to bounce off the Stochastic support level . Pivot: 0.92276 Why we like it: 161.8% Fibonacci extension levelhorizontal swing high resistance 1st Support: 0.91871 Why we like it: horizontal overlap support, 38.2% Fibonacci retracement level 1st Resistance: 0.92474 Why we like it: horizontal swing high resistance Trading FX & CFDs carries high risk.
Short
by VantageMarkets
USDCHF Breaking Down Channel and Buying OpportunityH4 time frame. Structure: After the price fell to the support of 0.91000, there was an upward move that broke the previous downtrend channel. Waiting for the price to appear retest signals and bullish confirmation patterns outside the downtrend channel, you can find buying opportunities. The profit target is the 0.92800 price area. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
Long
by tradafx
USDCHF bullish breakout | 11th Nov 2021 Price broke out of the daily descending trendline resistance, signifying a bullish momentum. We can expect price to bounce from the pivot level in line with 23.6% Fibonacci retracement towards the take profit level in line with 127.2% Fibonacci projection and 161.8% Fibonacci retracement. Our bullish bias is further supported by the MACD indicator where the MACD line crossed above the signal line. 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
3
USDCHF testing an important support 🦐USDCHF on the 4h chart is testing a daily support over an ascending trendline. The price is creating a bear flag and is testing with a spike the 0.618 Fibonacci retracement. According to Plancton's strategy IF the price will break below and satisfy the ACADEMY rules we will 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
10
#USDCHF approaching pivot, potential for a drop! Description Price is reacting below our pivot level at 0.91323 which is in line with 50.0% Fibonacci retracement level horizontal overlap resistance. Price can potentially take support at 0.90879, which is in line with horizontal swing low support, 100% Fibonacci extension level. Alternatively, price may rise up to our resistance at 0.91544, which coincides with horizontal swing high resistance, 127.2% Fibonacci extension level . This is further supported by how price is now holding below the Ichimoku cloud resistance. Pivot: 0.91323 Why we like it: 50.0% Fibonacci retracement level horizontal overlap resistance 1st Support: 0.90879 Why we like it: horizontal swing low support, 100% Fibonacci extension level 1st Resistance: 0.91544 Why we like it: horizontal swing high resistance, 127.2% Fibonacci extension level Trading FX & CFDs carries high risk.
Short
by VantageMarkets
1
USDCHF bearish continuation | 8th Nov 2021 Price is reacting in between the ascending trendline support and descending trendine resistance. We can expect price to drop from the pivot level in line with 61.8% Fibonacci projection towards the take profit level in line with 61.8% Fibonacci retracement and 61.8% Fibonacci projection. Our bearish bias is further supported by ichimoku cloud indicator acting as a resistance. 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 approaching pivot, potential for a drop! Description Price is reacting below our pivot level at 0.9151 which is in line with horizontal overlap resistance, 61.8% Fibonacci retracement level. Price can potentially take support at 0.90919, which is in line with horizontal swing low support. Alternatively, price may rise up to our resistance at 0.91705, which coincides with horizontal overlap resistance . This is further supported by how price is now holding below the Ichimoku cloud resistance. Pivot: 0.91510 Why we like it: horizontal overlap resistance, 61.8% Fibonacci retracement level 1st Support: 0.90919 Why we like it: horizontal swing low support 1st Resistance: 0.91705 Why we like it: horizontal overlap resistance Trading FX & CFDs carries high risk.
Short
by VantageMarkets
USDCHF facing bearish pressure, potential for more downside! Price is holding below the descending trendline resistance and the 1st resistance at 0.91448 in line with 61.8% Fibonacci retracement and 61.8% Fibonacci extension. Price could potentially bearish from 1st resistance at 0.91448 in line with 61.8% Fibonacci retracement and 61.8% Fibonacci extension to 1st support at 0.90848 in line with Horizontal swing low and 61.8% Fibonacci extension. Our bearish bias is further supported by how Price is holding below the EMA and the Ichimoku cloud and MACD is holding below the 0 line. Otherwise price may continue to bullish to 2nd resistance at 0.91717 in line with Horizontal swing high and 100% Fibonacci extension. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Short
by TradeGATEHub
2
#USDCHF approaching pivot, potential for a drop! Description Price is reacting below our pivot level at 0.91407 which is in line with horizontal swing high resistance, 38.2% Fibonacci retracement level. Price can potentially take support at 0.90919, which is in line with horizontal swing low support. Alternatively, price may rise up to our resistance at 0.91691, which coincides with 61.8% Fibonacci retracement levelhorizontal overlap resistance . This is further supported by how price is now holding below the Ichimoku cloud resistance. Pivot: 0.91407 Why we like it: horizontal swing high resistance, 38.2% Fibonacci retracement level 1st Support: 0.90919 Why we like it: horizontal swing low support 1st Resistance: 0.91691 Why we like it: 61.8% Fibonacci retracement levelhorizontal overlap resistance Trading FX & CFDs carries high risk.
Short
by VantageMarkets
USDCHF bearish continuation | 3rd Nov 2021 Price is abiding the descending trendline resistance, signifying an overall bearish momentum. We can expect price to drop from the pivot level in line with 78.6% Fibonacci projection towards the take profit level in line with 78.6% Fibonacci projection. Our bearish bias is further supported by the RSI abiding to the descending trendline resistance. Price is on a bullish momentum. We see a potential buy entry at 0.74184 in line with 38.2% Fibonacci retracement , 78.6% Fibonacci retracement and 161.2% Fibonacci extension towards our Take Profit at 0.74901 in line with 61.8% Fibonacci retracement and 127.2% Fibonacci extension . Technical indicators are showing bullish momentum. 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 approaching pivot, potential for a drop! Description Price is reacting below our pivot level at 0.91472 which is in line with horizontal swing high resistance, 38.2% Fibonacci retracement level. Price can potentially take support at 0.90919, which is in line with horizontal swing low support. Alternatively, price may rise up to our resistance at 0.91691, which coincides with 61.8% Fibonacci retracement levelhorizontal overlap resistance . This is further supported by how price is now holding below the Ichimoku cloud resistance. Pivot: 0.91472 Why we like it: horizontal swing high resistance, 38.2% Fibonacci retracement level 1st Support: 0.90919 Why we like it: horizontal swing low support 1st Resistance: 0.91691 Why we like it: 61.8% Fibonacci retracement levelhorizontal overlap resistance Trading FX & CFDs carries high risk.
Short
by VantageMarkets
USDCHF short-term bullish bounce | 2nd Nov 2021Price is abiding by a descending trendline, signifying an overall bearish trend . However, we can expect price to make a small bounce form the pivot level in line with 127.2% Fibonacci retracement and 100% Fibonacci projection towards the take profit level in line with 78.6% Fibonacci projection and 78.6% Fibonacci retracement . Our short-term bullish bias is further supported by the stochastic %K line where the it bounced off the support level . 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
2
USDCHF short-term bullish bounce | 2nd Nov 2021 Price is abiding by a descending trendline, signifying an overall bearish trend. However, we can expect price to make a small bounce form the pivot level in line with 127.2% Fibonacci retracement and 100% Fibonacci projection towards the take profit level in line with 78.6% Fibonacci projection and 78.6% Fibonacci retracement. Our short-term bullish bias is further supported by the stochastic %K line where the it bounced off the support level. 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 approaching pivot, potential for a drop!Description Price is reacting below our pivot level at 0.91688 which is in line with horizontal overlap resistance, 50.0% Fibonacci retracement level. Price can potentially take support at 0.91105, which is in line with horizontal swing low support. Alternatively, price may rise up to our resistance at 0.91941, which coincides with 78.6% Fibonacci retracement levelhorizontal overlap resistance . This is further supported by how price is likely to bounce off the Stochastic support level . Pivot: 0.91688 Why we like it: horizontal overlap resistance, 50.0% Fibonacci retracement level 1st Support: 0.91105 Why we like it: horizontal swing low support 1st Resistance: 0.91941 Why we like it: 78.6% Fibonacci retracement levelhorizontal overlap resistance Trading FX & CFDs carries high risk.
Short
by VantageMarkets
1
USDCHF potential for short reversal | 29th OctPrice is near the buy entry price of 0.910886 which is also 78.6% Fibonacci retracement and 127.2% Fibonacci projection . Price can potentially rise to the take profit level of 0.91704 which is 78.6% Fibonacci projection and 23.6% Fibonacci retracement . Our bullish bias is supported by the stochastic indicator as it is at support level . 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
2