warning: This analysis may not be correct target: usd/chf time frame: 1h date: 12/10/2022 time: 14:55gmt
The USD / CHF pair rose significantly on Friday 5/06/2020. The pair is currently forming technical models that support the rise in the coming period. The first model is an existing widening triangle, and the second model is Adam and Eve, which matches the neckline of the model with the upper side of the widening triangle pattern at 0.9650. The pair was able to...
See bearish divergence occurring in both MACD and Ascending Wedge, if we get below the marked red lines, we should expect a move to the .94600 area.
I have opened a long position at 0.9785 as I expect the market to retest 0.9785, making this level support (was resistance since 17/03/16) and the short-term bullish trend to continue. I’m then looking to ride this pair all the way back to parity. Read more at 'Trade Forex with Andrew': andrewfx2020.com About me: Based in Melbourne Australia, I have been...
We have a breakout on 30 minute timeframe. Stop will go 32.5 pips away. Profit will be taken on 0.9790.
If you trade in 1 month it is good idea to open long. In long term there are bearish trand
Price has rejected the weekly trend-line with a hammer candle indicating a sell opportunity. The Swiss has a safe haven status and as this week has a lot of event risk and non farms for the Dollar it is likely that investors will hedge the Swiss as a proxy for Gold against the upcoming risks associated to the Dollar.
Short on a break of the short term trend line, this line isn't as well established at the outer trend lines which are based on weekly price action and therefore is has a greater probability of being breached. If it holds a long trend to the next outer trend line is advised.
The pair is in a bullish momentum. Check out our latest analysis on www.ichimokuforex.com
USD/CHF has been ranging the last few days. But now it seems that the pair is in a bullish momentum. Indeed, prices broke their KUMO strongly as well as the extension of KS @1.00568. Lagging Span (LS) also broke its double resistance (Tenkan Sen + Kijun Sen). Its slope is pointing upwards. Prices could retest last november's resistance. Stop is placed at...
Our bearish setup of last week has been confirmed (check the link to related ideas). What are the next steps with this pair? Check our our full analysis at www.ichimokuforex.com
2 days ago we recommended a short on the pair. Check it out ! ichimokuforex.com