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USD/CHF Recovery Gains Momentum on Robust US Growth DataThe USD/CHF pair continued its recovery on Monday, trading around the 0.8517 level. This uptick in the pair is largely driven by a stronger US Dollar (USD), which gained momentum following stronger-than-expected US economic growth data. The recent Gross Domestic Product (GDP) report revealed that the US economy expanded more rapidly than anticipated in the second quarter, reducing market expectations for a larger 50 basis points (bps) rate cut by the Federal Reserve (Fed) in September. According to the second estimate released by the Bureau of Economic Analysis (BEA) last Thursday, the US GDP grew at an annualized rate of 3.0% in Q2, up from the initial estimate of 2.8%. Additionally, US Initial Jobless Claims fell to 231,000 for the week ending August 24, slightly below the projected 232,000, further supporting the Greenback. From a technical perspective, the USD saw a significant rebound after touching our identified Demand area, where the price swiftly reversed direction. This area has proven to be a strong support level, reinforcing the bullish momentum. Moreover, the latest Commitment of Traders (COT) report highlights a marked bearish sentiment among retail traders, which, when combined with the Demand area, signals a potential continuation of the long setup. In summary, the combination of robust US economic data, a resilient Demand area, and the bearish positioning of retail traders suggests that the USD/CHF pair may continue its upward trajectory in the near term. Traders should keep an eye on this setup as it could present further opportunities for long positions. PREVIOUS FORECAST ✅ Please share your thoughts about USD/CHF in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
Long
by FOREXN1
1
USDCHF - 4hrs ( Buy Trade Target Range 200 : 400 PIP ) Pair Name : USD/CHF Time Frame : 4hrs Chart / Close Scale Type : Large Scale ------ spreading knowledge among us and to clarify the most importan+t points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money Key Technical / Direction ( Long ) Type : Mid Term Swing ——————————— Bullish Break 0.85200 Area Reasons - Major Turn level - Visible Range Hvn - inner Trend - Fixed Hvn - Pattern Break - Day High Break - Fibo Golden Bearish Reversal 0.86400 Bearish Reversal 0.89000
Long
by GoldenEngine
USDCHF FORECASTThe Swiss Franc resurgence across the board can no longer be ignored. Week 1 of September 2024, we are waiting for the release of key macroeconomic data from Switzerland (CPI) and USA (NFP). As it is, the Swiss Franc is stronger across major currencies and we can only expect its resurgence to continue. Presently, USDCHF is yet to give a clear direction. should the NFP data come out weaker, we expect USDCHF to break lower as indicated by the blue path then rally to the unmitigated supply zones. In the event NFP comes out better than expected, we expect increased uncertainty and volatility, price is expected to rally without forming new lows as indicated by the orange and the red paths. It is important to note that, should price rally to the unmitigated zone around 1.015 and fail to break higher, a head and shoulder formation would be complete indicating a future price drop
by morrisgitau
USD/CHF Bullish Setup: Harmonic Pattern & RSI Divergence AlignedThe USD/CHF pair is currently exhibiting a Bullish Bat Harmonic Pattern on the daily chart, which is aligned with a key support area. This setup suggests potential bullish momentum in the coming sessions, supported by multiple technical indicators. Harmonic Pattern Analysis: The Bullish Bat Harmonic Pattern is identified, signaling a potential reversal from the current downtrend. The pattern aligns perfectly with a significant support zone, increasing the probability of a bullish reversal. This convergence of harmonic patterns and key support areas often leads to a high-probability trade setup. Key Support and Rejection: The price has shown a strong rejection at the key support level of 0.85115, further solidifying the bullish outlook. The rejection at this level suggests that buyers are stepping in, preventing the price from falling further. This support level has historically acted as a pivotal zone for USD/CHF, adding credibility to the current bullish scenario. Bullish RSI Divergence: Adding further confluence to our bullish sentiment is the Bullish RSI Divergence observed on the daily timeframe. As price made lower lows, the RSI indicator formed higher lows, indicating a potential reversal in the trend. This divergence reinforces the likelihood of an upward movement in the USD/CHF pair. Trade Setup: Entry: 0.85115 Stop Loss: 0.83985 Take Profit Levels: TP-1: 0.86245 TP-2: 0.87375 TP-3: 0.88505 Conclusion: The confluence of the Bullish Bat Harmonic Pattern, key support level, and Bullish RSI Divergence provides a compelling case for entering a long position on USD/CHF. The outlined trade setup offers a favorable risk-to-reward ratio, with clear levels to manage the trade effectively. Traders should monitor price action around the entry point to confirm the bullish momentum before executing the trade. Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Trading in the forex market involves significant risk, and it is essential to conduct your own analysis before making any trading decisions.
Long
by trading_jupiter
USDCHF M30 I Bearish Drop Based on the M30 chart analysis, we can see that the price has just reacted off our sell entry at 0.8503, which is an overlap resistance. Our take profit will be at 0.8477, a support level. The stop loss will be placed at 0.8510, which is a multi-swing high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider.You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by FXCM
Heading into 50% Fibonacci resistance?USD/CHF is rising towards the resistance level which is an overlap resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.8562 Why we like it: There is an overlap resistance that aligns with the 50% Fibonacci retracement. Stop loss: 0.8630 Why we like it: There is an overlap resistance level which is slightly above the 61.8% Fibonacci retracement. Take profit: 0.8445 Why we like it: There is an overlap support level. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Short
by VantageMarkets
USD/CHF: Jordan’s Final Moves as SNB Chief Switzerland's Consumer Price Index (CPI) for August is forecast to show a year-over-year increase of 1.2%, down from 1.3% in July. On a month-over-month basis, CPI is expected to rise by 0.1%, rebounding from the prior month’s 0.2% decline. The figures, due on Tuesday, come as Swiss National Bank (SNB) President Thomas Jordan recently acknowledged the challenges posed by the strong Swiss franc on the nation’s industry. Speculation is mounting over whether the central bank will respond with a 50-basis-point rate cut in September or intervene in the currency markets to ease pressures. Bear in mind, Jordan, who has steered the SNB for over a decade, will step down at the end of September 2024, marking the end of an era for Swiss monetary policy. On the daily chart, we can see that USDCHF broke the August low last week. The near-term resistance is possibly around 0.8590,
by BlackBull_Markets
USDCHF Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
Short
by ShahedZare
1
USDCHF outlookI am not trading USDCHF (I only trade GBPUSD), but I made an outlook of what to expect for the coming weeks. We confirmed a 30m bos which creates buying interest. Previous structure low is taken out so major liquidity is taken while mitigating from a strong demand. A break on the 1H TF would give more confluence although this has not happened yet. If price fails to break the 1H structure, a buy order can still be placed due to the fact that m30 is broken, with the intention to rise higher. Keep in mind that price always does whatever it wants, a liquditity run to the downside (before going up) is still possible as HTF is still bearish for me. Target: T.b.c. as this can be a swing trade
Long
by Ruben_Smits
USDCHF - Short Trade IdeaThis a short trade idea I have for the USDCHF. It is pretty straight-forward. Trade back into a Weekly iFVG and SIBI then move lower from there. First target is the immediate swing low, and the second target is the older low to the left. Entry somewhere in the gap, and stoploss above the high that entered the previous SIBI. Sometimes I feel as though I should make my analysis more complicated so it can get featured, but truth be told, there is nothing useful about having a complicated analysis. In terms of technical analysis, this is as accurate and simple as it gets. And usually if a trade is wrong, there is unanticipated news or the tides have turned and a trade in the opposite direction is warranted. - R2F
Short
by Road_2_Funded
2
USDCHF - Catch This 500pip Trade!USDCHF is currently in a 5 wave impulse. Elliott wave theory suggests that if wave 2 is a simple correction, it is likely that wave 4 will be somewhat complex. From the looks of things, we are seeing an expanded correction for wave 4. We are expecting wave C to complete at the local highs where we got the 0.5 fibonacci. Trade Idea: - Watch for wave C completion at the recent highs - Watch for a trend reversal via trendline break, BOS etc - once reversal is confirmed, enter with stops above correction or above wave 4 invalidation - Targets: 0.844 (300pips), 0.825 (500pips), Taper thereafter Goodluck and as always, trade safe!
by WicktatorFX
5
USD/CHF Rebounds from Yearly LowsUSD/CHF Rebounds from Yearly Lows The USD/CHF pair tested its yearly low slightly below 0.84100 yesterday but has since recovered to just above 0.84800 today. The bullish sentiment was supported by positive news about the U.S. economy—data released yesterday showed GDP growth for the second quarter at 3.0%, surpassing the expected 2.8%. Bulls may find further encouragement from events earlier this year when the head of the Swiss National Bank (SNB) warned that an excessively strong franc could pressure the country's economy. Following this, USD/CHF rose by more than 8% over four months. Technical analysis of the USD/CHF chart indicates that since June, the price has been forming a downward channel (shown in red). However, several factors may support a bullish reversal: → The price is near the lower boundary of a larger channel that began in 2022, which could act as support. → The RSI on the 4-hour chart not only shows a bullish divergence but also spiked above the 50 level after hovering near the lower boundary since 20 August. → Comparing the downward impulses A→B and C→D reveals that the first drop was more aggressive, while the second showed a less steep decline—signalling weakening selling pressure. There's also another bullish divergence between the lows at B and D. Given these factors, there's reason to believe that the median line of the current red downward channel is at risk of a bullish breakout, potentially paving the way for USD/CHF to move towards the upper boundary of the channel. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
1
USD/CHF Demand Area: A Potential Long SetupIn the world of forex trading, understanding market dynamics through supply and demand analysis is crucial. Recently, the USD/CHF pair has made an intriguing move by touching a significant demand area on the daily timeframe. This development offers an exciting opportunity for traders, particularly as the latest Commitments of Traders (COT) report reveals that retail traders are holding exceptionally short positions. Supply and Demand Dynamics The demand area identified on the daily chart indicates a potential reversal zone, where buying pressure may emerge as prices reach a level that has historically attracted buyers. The current conditions of supply and demand, coupled with the insights from the COT report, paint a favorable picture for a long setup. When retail traders are heavily short, it often suggests that the market may be overextended in that direction, setting the stage for a possible rebound. Seasonality Considerations In addition to the supply and demand analysis, seasonal trends can significantly influence market behavior. As we assess the USD/CHF pair, it's essential to consider historical patterns that may suggest a favorable environment for long positions. By aligning our trading strategy with seasonal tendencies, we can enhance our chances of capitalizing on market movements. The Strength of the US Dollar Moreover, the recent performance of the US Dollar adds another layer of complexity to our analysis. The USD has shown substantial strength, recovering losses incurred in several pairs from the previous week. Notably, the USD's resurgence against the Euro (EUR) has been particularly pronounced, driven by soft European inflation data. This economic backdrop has weakened the Euro, further supporting the case for a bullish outlook on the USD/CHF pair. Conclusion In summary, the USD/CHF pair's touch on the demand area, combined with the COT report's indication of extreme short positions among retail traders and the seasonal trends, presents a compelling long setup. As the US Dollar continues to show strength, traders should remain vigilant for potential entry points that align with this analysis. By carefully monitoring price action and utilizing effective risk management strategies, there is a promising opportunity to capitalize on the expected reversal in the USD/CHF pair. ✅ Please share your thoughts about USD/CHF in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
Long
by FOREXN1
3
USDCHF: Inside day, first green day, THU day 2Hi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” 1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion) Monday DAY 1 Opening Range Tuesday DAY 2 Initial Balance Wednesday DAY 3 (reset DAY 1) Mid Point Week Thursday DAY 2 ✅ Friday DAY 3 Closing Range 2. SIGNAL DAY First Red Day First Green Day ✅ 3 Days Long Breakout 3 Days Short Breakout Inside Day ✅ 3. WEEKLY TEMPLATE Pump&Dump Dump&Pump ✅ Frontside ✅ Backside 4. THESIS: Long: primary, potential 3 days dump and pump, signals are pretty bullish, I will be looking for a potential entry after news release, targeting the HOW Short: secondary, I do not exclude a short setup, overall USDCHF is still in a down trend, Lower low into the current LOW, if setups correctly I could short this trade for a major move down. Let the setup to drive the move, do not predict it. Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement. Gianni
Long
by GianniPichichero
3
USD/CHF H4 | Potential bullish breakoutUSD/CHF has made bullish break above a descending trendline and could potentially rise higher. Buy entry is at 0.8444 (wait for the 1-hour candle to close above this level for confirmation). Stop loss is at 0.8385 which is a level that lies underneath a swing-low support level. Take profit is at 0.8552 which is a pullback resistance that sits under the 50.0% Fibonacci retracement level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Long
by FXCM
USDCHF The Target Is UP! BUY! My dear subscribers, My technical analysis for USDCHF is below: The price is coiling around a solid key level - 0.8435 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear Bullish , giving a perfect indicators' convergence. Goal - 0.8548 My Stop Loss - 0.8379 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
3
USDCHF M15 | Bullish reversal Based on the M15 chart analysis, we can see that the price is falling to our buy entry at 0.8424, which is a pullback support. Our take profit will be at 0.8455, a pullback resistance close to 61.8% Fibo retracement. The stop loss will be placed at 0.8408, which is a multi-swing low support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider.You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by FXCM
WEEKLY FOREX FORECAST Aug 26-30: USD EUR GBP AUD NZD CAD CHF JPYThis is Part 2 of the Weekly Forex Forecast for AUG 26-30th. In this video, we will cover: USD Index, EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCAD, USDCHF, USDJPY Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
CME:6J1!
by RT_Money
2
USD/CHF H4 | Potential bearish reversalUSD/CHF is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.8535 which is an overlap resistance that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 0.8617 which is a level that sits above the 50.0% Fibonacci retracement level and a pullback resistance. Take profit is at 0.8444 which is a swing-low support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by FXCM