USD/CHF H4 | Rising into overlap resistanceUSD/CHF is rising towards an overlap resistance and could potentially reverse off this level to drop lower.
Sell entry is at 0.8917 which is an overlap resistance that aligns with the 50.0% Fibonacci retracement level.
Stop loss is at 0.8988 which is a level that sits above a pullback resistance.
Take profit is at 0.802 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.
Usdchf!
USDCHF Pattern FormationThis price has been forming a falling flag for the past few weeks which IMO it is a strong indicator of a long bullish momentum.
As for the now, the price seems to be at major market zone, at 0.883 - 0.885, hence we are waiting for;
1. If the price breaks out and closes above 0.886, the bullish momentum might continue.
2. If the price fails to break out of that zone, it will continue with the bearish momentum and completing the pattern where the target is 0.857
USDCHF Is Approaching a decent resistanceHey Traders, in the coming week we are monitoring USDCHF for a selling opportunity around 0.88800 zone, USDCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.88800 support and resistance area.
Trade safe, Joe.
USDCHF - Short from trendline !!Hello traders!
‼️ This is my perspective on USDCHF.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I wait price to continue the retracement to fill the imbalance higher and then to reject from trendline + liquidity zone + institutional big figure 0.89000.
Fundamental news: Next week is full of news for USD, on Wednesday (GMT+3) we have Interest Rate and FOMC and on Friday (GMT+3) we have NFP and Unemployment. News with high impact on currency.
Like, comment and subscribe to be in touch with my content!
USDCHF Weekly Analysis and OutlookUSDCHF Weekly Analysis and Outlook
This week, the USDCHF pair has shown a strong downward trajectory, closing in a bearish continuation phase. This downward momentum indicates a negative sentiment among traders, suggesting further potential for decline.
Current Market Overview:
The pair has been steadily moving downwards, supported by unfavorable market conditions and bearish sentiment. As it approaches a key resistance zone, traders should closely monitor the price action. A successful rejection at this resistance would likely confirm the continuation of the bearish trend.
Expectations and Potential Scenarios:
Upon retesting the resistance zone, we anticipate that the USDCHF will continue its downward momentum. This rejection could open the door to lower levels, offering traders potential opportunities to capitalize on the bearish trend.
Primary Expectation: If the resistance holds, the price is likely to sustain its downward movement, potentially targeting lower support levels. This scenario would reinforce the bearish outlook, making it a favorable environment for short positions.
Alternative Scenario: However, if the price breaks through the resistance, a temporary pullback could occur. Traders should be prepared for this scenario, as it might provide opportunities to reassess entry points at higher levels before resuming the downward trend.
Conclusion:
In summary, the USDCHF pair is poised for further downward movement following its recent bearish phase. Traders should watch for a decisive rejection at the resistance zone, which could serve as a catalyst for continued declines. Maintaining awareness of both bearish and corrective scenarios will be crucial for effective trading strategies. Stay updated with market developments and adjust your positions accordingly.
By Piptera Digital Solutions,
Invest Wisely!
USD/CHF BUYERS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
USD/CHF pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 1D timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 0.892 area.
✅LIKE AND COMMENT MY IDEAS✅
USD/CHF Continues to Decline After Reversing at 0.9225The USD/CHF currency pair has been on a steady decline following a significant reversal at the 0.9225 level, where the price started to exhibit bearish behavior. This shift in trend has captured the attention of traders and analysts alike, prompting a deeper examination of the market conditions and potential future movements.
In analyzing the Commitments of Traders (COT) report, it becomes evident that positioning has shifted, suggesting a bearish sentiment among large speculators. This insight, combined with seasonal trends, indicates that the USD/CHF pair may be poised for further declines in the short term. Historical data shows that certain periods of the year tend to favor either bullish or bearish movements in currency pairs, and the current seasonality seems to support a continuation of the bearish trend.
Moreover, our supply and demand analysis reveals critical levels where price reactions are likely. The demand area around 0.8680 stands out as a significant support zone. This level has historically acted as a stronghold, where buying interest could potentially reverse the ongoing downtrend. Should the price breach this level, the next demand area to watch is lower, where further price stabilization could occur.
As we monitor these levels, it is crucial to look for confirming patterns before committing to a trade. Patterns such as double bottoms, bullish engulfing candles, or other reversal signals within these demand zones will be key indicators of a potential trend change. By waiting for these confirmations, we aim to minimize risk and increase the probability of a successful trade.
✅ 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.
USDCHF H4 | Bearish reversal Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 0.8835, which is a pullback resistance and a 38.2% Fibonacci retracement.
Our take profit will be at 0.8761, above 161.8% Fibo extension
The stop loss will be at 0.8902, a pullback resistance level close to 78.6% Fibo retracement.
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.
USDCHF - 4hrs ( Sell Trade Target Range 180 PIP ) Pair Name : USD/CHF
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
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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 ( Short )
Type : Mid Term Swing
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Bearish Break
0.88850 Area
Bullish Reversal
0.87100 Area
USDCHF - Bearish => Bullish!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 As per our last analysis, attached on the chart, USDCHF rejected the resistance zone and traded lower.
Currently, USDCHF approaching the lower bound of the red channel.
Moreover, it is retesting a support zone marked in blue.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the blue support and lower red trendline acting as a non-horizontal support.
📚 As per my trading style:
As #USDCHF approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
USDCHF H1 | Bearish reversal Based on the H1 chart analysis, we can see that the price is rising toward our sell entry at 0.8873, which is a pullback resistance and a 50% Fibonacci retracement.
Our take profit will be at 0.8822, a swing-low support level.
The stop loss will be at 0.8922, an overlap 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. 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.
USDCHF H4 I Bearish reversal Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 0.8930, which is a pullback resistance
Our take profit will be at 0.8847, a pullback support level.
The stop loss will be at 0.9007, an overlap 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. 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.
Bullish bounce?USD/CHF is has reacted off the pivot which acts as a pullback support and could rise to the 1st resistance level.
Pivot: 0.8832
1st Support: 0.8782
1st resistance: 0.8872
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
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, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
USD/CHF Simple Trading PlansUSD weakness stemming from a more dovish fed has taken us straight back to previous long-side 'demand' areas.
Storming back into these areas on strong sentiment does not normally warrant large sized longs.
Hold off, or make it small. Lower areas preferred.
Re-shorts only higher as drawn.
USDCHF Sellers In Panic! BUY!
My dear subscribers,
My technical analysis for USDCHF is below:
The price is coiling around a solid key level - 0.8874
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 0.8891
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
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WISH YOU ALL LUCK
Market Analysis: USD/CHF Regains StrengthMarket Analysis: USD/CHF Regains Strength
USD/CHF is rising and might aim a move toward the 0.9000 resistance.
Important Takeaways for USD/CHF Analysis Today
- USD/CHF is showing positive signs above the 0.8900 resistance zone.
- There is a major bullish trend line forming with support at 0.8910 on the hourly chart at FXOpen.
USD/CHF Technical Analysis
On the hourly chart of USD/CHF at FXOpen, the pair started a decent increase from the 0.8820 support. The US Dollar climbed above the 0.8870 resistance zone against the Swiss Franc.
The bulls were able to pump the pair above the 50-hour simple moving average and 0.8900. Finally, the pair tested the 0.8925 zone. A high was formed near 0.8923 and the pair is still showing signs of more upsides. It is testing a major bullish trend line with support at 0.8910.
On the upside, the pair is now facing resistance near 0.8925. The next major resistance is at 0.8940. The main resistance is now near 0.8950. If there is a clear break above the 0.8950 resistance zone and the RSI remains above 50, the pair could start another increase. In the stated case, it could test 0.8980.
If there is a downside correction, the pair might test the 23.6% Fib retracement level of the upward move from the 0.8821 swing low to the 0.8923 high at 0.8900.
The first major support on the USD/CHF chart is near the 50% Fib retracement level of the upward move from the 0.8821 swing low to the 0.8923 high at 0.8870. A downside break below 0.8870 might spark bearish moves. The next major support is near the 0.8845 pivot level. Any more losses may possibly open the doors for a move toward the 0.8820 level in the near term.
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.
Market Analysis: EUR/USD Trims GainsMarket Analysis: EUR/USD Trims Gains
EUR/USD started a fresh decline below the 1.0900 support.
Important Takeaways for EUR/USD Analysis Today
- The Euro struggled to clear the 1.0950 resistance and declined against the US Dollar.
- There is a key bearish trend line forming with resistance at 1.0870 on the hourly chart of EUR/USD at FXOpen.
EUR/USD Technical Analysis
On the hourly chart of EUR/USD at FXOpen, the pair failed to clear the 1.0950 resistance. The Euro started a fresh decline below the 1.0900 support against the US Dollar.
The pair declined below the 1.0875 support and the 50-hour simple moving average. Finally, the pair tested the 1.0840 level. A low was formed at 1.0841 and the pair is now consolidating losses. The pair is showing bearish signs, and the upsides might remain capped.
Immediate resistance on the upside is near the 23.6% Fib retracement level of the downward move from the 1.0896 swing high to the 1.0841 low at 1.0855.
The next major resistance is near the 1.0870 zone or the 50-hour simple moving average. It is close to the 50% Fib retracement level of the downward move from the 1.0896 swing high to the 1.0841 low. There is also a key bearish trend line forming with resistance at 1.0870.
An upside break above the 1.0870 level might send the pair toward the 1.0900 resistance. Any more gains might open the doors for a move toward the 1.0950 level.
On the downside, immediate support on the EUR/USD chart is seen near 1.0840. The next major support is near the 1.0810 level. A downside break below the 1.0810 support could send the pair toward the 1.0765 level.
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.