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Usd-chf

2 Low Risk USDCHF Entries!Hello Traders, Here we have a USDCHF long trade idea. If you like this idea please show your support! This trade idea is based off the fact of the USD reaching a weekly low and we can see some strength beginning to occur making USDCHF pair stronger. Also the Swiss Franc (CHF) is at a weekly high since the beginning of September however recently we are seeing a fair bit of weakness appearing. This has also concluded my trade idea and given me these 2 entry points. We can see 2 trendlines which are being respected on the charts, however Scenario A is also on a .50 Fib zone which is in a structure zone giving us the possibility for a reversal. Please trade with caution and make sure you set your stop losses! Happy Trading 😁
Long
by Pips-Collector
#USDCHF approaching pivot, potential for a drop! Description Price is reacting below our pivot level at 0.91888 which is in line with 61.8% Fibonacci extension levelhorizontal swing low support. Price can potentially take support at 0.91526, which is in line with 38.2% Fibonacci retracement levelhorizontal pullback resistance. Alternatively, price may rise up to our resistance at 0.92142, which coincides with horizontal swing high resistance . This is further supported by how price is now holding below the Ichimoku cloud resistance. Pivot: 0.91888 Why we like it: 61.8% Fibonacci extension levelhorizontal swing low support 1st Support: 0.91526 Why we like it: 38.2% Fibonacci retracement levelhorizontal pullback resistance 1st Resistance: 0.92142 Why we like it: horizontal swing high resistance Trading FX & CFDs carries high risk.
Short
by VantageMarkets
USDCHF potential for further downside | 27th OctPrice is near the sell entry price of 0.91896 which is also 38.2% Fibonacci retracement and 61.8% Fibonacci projection . Price can further dip to the take profit price of 0.91505 which is also 78.6% Fibonacci projection . Our bearish bias is supported by the ichimoku cloud indicator as price is trading under it. 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
4
#USDCHF approaching pivot, potential for a drop! Description Price is reacting below our pivot level at 0.91927 which is in line with 50.0% Fibonacci retracement level, 38.2% Fibonacci retracement level. Price can potentially take support at 0.91526, which is in line with 61.8% Fibonacci extension levelhorizontal swing low support. Alternatively, price may rise up to our resistance at 0.92159, which coincides with horizontal overlap resistance . This is further supported by how price is now holding below the Ichimoku cloud resistance. Pivot: 0.91927 Why we like it: 50.0% Fibonacci retracement level, 38.2% Fibonacci retracement level 1st Support: 0.91526 Why we like it: 61.8% Fibonacci extension levelhorizontal swing low support 1st Resistance: 0.92159 Why we like it: horizontal overlap resistance Trading FX & CFDs carries high risk.
Short
by VantageMarkets
USDCHF potential for further downside | 27th Oct Price is near the sell entry price of 0.91896 which is also 38.2% Fibonacci retracement and 61.8% Fibonacci projection. Price can further dip to the take profit price of 0.91505 which is also 78.6% Fibonacci projection. Our bearish bias is supported by the ichimoku cloud indicator as price is trading under it. 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 is approaching a Pivot, potential for dip | 26th Oct Price is consolidating in a daily triangle. We see a potential for a sell entry at our Pivot at 0.92341 in line with 38.2% Fibonacci retracement towards our Take Profit at 0.91470 which is a graphical swing low and in line with our ascending trendline. Technical indicators are showing bearish momentum. Alternatively, our stop loss is placed at 0.92717 in line with 61.8% Fibonacci extension. 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 0.91849 which is in line with horizontal overlap resistance, 38.2% Fibonacci retracement level. Price can potentially take support at 0.91535, which is in line with horizontal swing low support, 100% Fibonacci extension level & horizontal overlap support. Alternatively, price may rise up to our resistance at 0.91995, which coincides with 78.6% Fibonacci retracement levelhorizontal swing high resistance . This is further supported by how price is now holding below the Ichimoku cloud resistance. Pivot: 0.91849 Why we like it: horizontal overlap resistance, 38.2% Fibonacci retracement level 1st Support: 0.91535 Why we like it: horizontal swing low support, 100% Fibonacci extension level & horizontal overlap support 1st Resistance: 0.91995 Why we like it: 78.6% Fibonacci retracement levelhorizontal swing high resistance Trading FX & CFDs carries high risk.
Short
by VantageMarkets
#USDCHF approaching pivot, potential for a drop! Description Price is reacting below our pivot level at 0.91849 which is in line with horizontal overlap resistance, 38.2% Fibonacci retracement level. Price can potentially take support at 0.91535, which is in line with horizontal swing low support, 100% Fibonacci extension level & horizontal overlap support. Alternatively, price may rise up to our resistance at 0.91995, which coincides with 78.6% Fibonacci retracement levelhorizontal swing high resistance . This is further supported by how price is now holding below the Ichimoku cloud resistance. Pivot: 0.91849 Why we like it: horizontal overlap resistance, 38.2% Fibonacci retracement level 1st Support: 0.91535 Why we like it: horizontal swing low support, 100% Fibonacci extension level & horizontal overlap support 1st Resistance: 0.91995 Why we like it: 78.6% Fibonacci retracement levelhorizontal swing high resistance Trading FX & CFDs carries high risk.
Short
by VantageMarkets
#USDCHF approaching pivot, potential for a drop! Description Price is reacting below our pivot level at 0.91943 which is in line with horizontal overlap resistance. Price can potentially take support at 0.91661, which is in line with horizontal swing low support, 127.2% Fibonacci extension level & 100% Fibonacci extension level. Alternatively, price may rise up to our resistance at 0.92034, which coincides with 23.6% Fibonacci retracement levelhorizontal overlap resistance . This is further supported by how price is now holding below the Ichimoku cloud resistance. Pivot: 0.91943 Why we like it: horizontal overlap resistance 1st Support: 0.91661 Why we like it: horizontal swing low support, 127.2% Fibonacci extension level & 100% Fibonacci extension level 1st Resistance: 0.92034 Why we like it: 23.6% Fibonacci retracement levelhorizontal overlap resistance Trading FX & CFDs carries high risk.
Short
by VantageMarkets
USDCHF is on a bearish momentum! | 20th Oct 2021Price is on a bearish momentum. We spot a potential entry at 0.92438 in line with 78.6% Fibonacci projection and 61.8% Fibonacci retracement and our bearish trendline towards our Take Profit at 0.92148 in line with 50% Fibonacci retracement . Technical indicators are showing bearish momentum. Alternatively, our stop loss is placed at 0.92622 in line with 100% Fibonacci extension . 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 websit
Short
by FXCM
USDCHF is on a bearish momentum! | 20th Oct 2021Price is on a bearish momentum. We spot a potential entry at 0.92438 in line with 78.6% Fibonacci projection and 61.8% Fibonacci retracement and our bearish trendline towards our Take Profit at 0.92148 in line with 50% Fibonacci retracement. Technical indicators are showing bearish momentum. Alternatively, our stop loss is placed at 0.92622 in line with 100% Fibonacci extension. 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 websit
Short
by Rockqet
1
#USDCHF approaching pivot, potential for a reversal! Description Price is approaching pivot level of 0.92683 where we have 61.8% Fibonacci retracement level & horizontal overlap resistance lining up. A reversal from this level might see price take support at 0.91998, which is in line with horizontal overlap support, 127.2% Fibonacci extension level. Finally, price is unlikely to surpass our strong resistance at 0.92892, which coincides with 78.6% Fibonacci retracement levelhorizontal overlap resistance . This is further supported by how price is now holding below the Ichimoku cloud resistance. Pivot: 0.92683 Why we like it: 61.8% Fibonacci retracement level & horizontal overlap resistance 1st Support: 0.91998 Why we like it: horizontal overlap support, 127.2% Fibonacci extension level 1st Resistance: 0.92892 Why we like it: 78.6% Fibonacci retracement levelhorizontal overlap resistance Trading FX & CFDs carries high risk.
Short
by VantageMarkets
USDCHF turn at the 0.618 🦐USDCHF after a few tests of the weekly support broke the dynamic support and reached the 4h structure. The market bounces there for a retracement to the 0.618 Fibonacci level. According to Plancton's strategy if the price will break below 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
14
USDCHF on bullish momentum | 18th OctPrice is near buy entry price of 0.92601 which is also 38.2% Fibonacci retracement and 78.6% Fibonacci projection . Price can have a continuation of its bullish momentum and reach our take profit level of 0.93060 which is also 61.8% retracement . Our stop loss level is placed at graphical overlap 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.
by Rockqet
#USDCHF approaching pivot, potential for a reversal! Description Price is approaching pivot level of 0.92683 where we have 61.8% Fibonacci retracement level & horizontal overlap resistance lining up. A reversal from this level might see price take support at 0.91998, which is in line with horizontal overlap support, 127.2% Fibonacci extension level. Finally, price is unlikely to surpass our strong resistance at 0.92888, which coincides with 78.6% Fibonacci retracement levelhorizontal overlap resistance . This is further supported by how price is now holding below the Ichimoku cloud resistance. Pivot: 0.92683 Why we like it: 61.8% Fibonacci retracement level & horizontal overlap resistance 1st Support: 0.91998 Why we like it: horizontal overlap support, 127.2% Fibonacci extension level 1st Resistance: 0.92888 Why we like it: 78.6% Fibonacci retracement levelhorizontal overlap resistance Trading FX & CFDs carries high risk.
Short
by VantageMarkets
USDCHF near pivot, potential for dip | 15th OctPrice is currently near our sell entry price of 0.92436 which is also 38.2% Fibonacci retracement level and 61.8% projection level. Price can potentially dip back to our take profit level 0.91990 which is also 78.6% Fibonacci Projection and 38.2% retracement. Our bearish bias is further supported by the Ichimoku cloud indicator as price is trading under it. 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 holding above descending trendline support, more upside!Price is holding above the Daily descending trendline resistance (now support) and 1st support at 0.921191 in line with 61.8% Fibonacci retracement and 61.8% Fibonacci extension. A further push up from 1st support towards 1st resistance at 0.93131 in line with 61.8% Fibonacci retracement and 127.2% Fibonacci extension may be expected. It is worth noting that Stochastic is reacting above support where price rise in the past and thus showing bullish pressure in line with our analysis. Otherwise Price may bearish towards 2nd support at 0.91636 in line with horizontal swing low and 127.2% Fibonacci extension. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Long
by TradeGATEHub