USDCHF Gave Yesterday +50 Pips 0 Drawdown , 2 New Entries Valid This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Usdchf!
💡 USDCHF: Forecast March 6USDCHF D1 decreased yesterday, with a narrower fluctuation range compared to the previous few D1 bars, showing cumulative price compression. With the current sideways state, yesterday's narrowing of fluctuations suggests the possibility of an explosion in price fluctuations for USDCHF in the near future.
The accumulation status of USDCHF H1 is in the form of a symmetrical triangle model - which can create price fluctuations when the model is broken. The main trend of USDCHF H1 today continues to be waiting to buy.
Market Analysis: USD/CHF Could RallyMarket Analysis: USD/CHF Could Rally
USD/CHF declined and now struggling below the 0.8860 resistance.
Important Takeaways for USD/CHF Analysis Today
USD/CHF declined below the 0.8860 and 0.8850 support levels.
There is a key contracting triangle forming with resistance near 0.8850 on the hourly chart at FXOpen.
USD/CHF Technical Analysis
On the hourly chart of USD/CHF at FXOpen, the pair started a fresh decline from well above the 0.8890 zone. The US Dollar dropped below the 0.8860 support to move into a short-term negative zone against the Swiss Franc.
The bears pushed the pair below the 50-hour simple moving average and 0.8840. Finally, the bulls appeared near the 0.8800 level. A low was formed near 0.8804 and the pair is now attempting a fresh increase.
On the upside, the pair could face resistance near the 50% Fib retracement level of the downward move from the 0.8892 swing high to the 0.8804 low at 0.8850.
There is also a key contracting triangle forming with resistance near 0.8850. The next major resistance is near the 61.8% Fib retracement level of the downward move from the 0.8892 swing high to the 0.8804 low at 0.8860.
If there is a clear break above the 0.8860 resistance zone, the pair could start another increase. In the stated case, it could even surpass 0.8890.
On the downside, immediate support on the USD/CHF chart is 0.8840. The first major support is near the 0.8815 level. The next major support is near 0.8780. Any more losses may possibly open the doors for a move toward the 0.8650 level in the coming days.
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.
USDCHF Will Fall! Short!
Take a look at our analysis for USDCHF.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 0.885.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 0.881 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
Buy USD/CHF Triangle BreakoutThe USD/CHF pair on the M30 timeframe presents a potential buying opportunity due to a recent upward breakout from a triangle pattern.
Key Points:
Triangle Breakout: The price has been trading within a triangle pattern, characterized by converging trendlines. This pattern can be interpreted as a continuation of the prior trend or a potential reversal depending on the breakout direction. The recent break above the upper trendline signifies a potential bullish breakout.
Buy Entry: Consider entering a long position around the current price of 0.8850, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels: Initial bullish targets lie at the following levels:
0.8916: This represents the height of the triangle, measured from the apex (highest or lowest point) to the base (opposite trendline), projected upwards from the breakout point.
0.8953: This is achieved by adding the height of the triangle to the breakout point. These targets act as potential resistance zones that could see buying pressure.
Stop-Loss: To manage risk, place a stop-loss order below the broken support line of the triangle, ideally around 0.8830. This helps limit potential losses if the price unexpectedly reverses and breaks back downwards.
Thank you
USD/CHF Rejected Hard , Good Place To Sell It Now ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
USDCHF : Free Trading Signal
USDCHF
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short USDCHF
Entry Point - 0.8856
Stop Loss - 0.8874
Take Profit - 0.8818
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
USD/CHF H4 | Potential bullish bounceUSD/CHF could fall towards an overlap support and potentially bounce off this level to rise towards our take-profit target.
Entry: 0.88214
Why we like it:
There is an overlap support that aligns with the 50.0% Fibonacci retracement level
Stop Loss: 0.87423
Why we like it:
There is a pullback support level
Take Profit: 0.89250
Why we like it:
There is a resistance that aligns with the 127.2% Fibonacci retracement 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.
Usdchf Confirm Analysis The USD/CHF pair struggles to gain ground near 0.8830 after retreating from nearly the 0.8900 mark during the early European trading hours on Monday. The downtick of the pair is backed by the weaker US Dollar (USD) and lower US Treasury bond yields. Market players await the Swiss February Consumer Price Index (CPI) for fresh impetus, which is expected to ease from 1.3% in January to 1.1% in February.
Strifor || SILVER-29/02/2024Preferred direction: BUY
Comment: The situation with silver has changed. Buy-priority remains relevant in the longer term, but the areas and entry levels are currently different from previous ones. As far as we know, today is expected to be a busy day in terms of the economic calendar. Therefore, increased volatility should not be a surprise.
Today we are considering two scenarios, and here, it will most likely be better to take a closer look at the long position through the "divergence" strategy. To do this, you need to use the well-known RSI or MACD, for example.
The level of 22.66582 is in the spotlight, and growth above this level is not expected in the short term.
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for like and share your views!
USD/CHF BEARS ARE STRONG HERE|SHORT
Hello,Friends!
USD-CHF uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 0.855 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the USD/CHF pair.
✅LIKE AND COMMENT MY IDEAS✅
USDCHF H4 | Bearish BreakoutBased on the H4 chart analysis, we can see that the price is falling from our sell entry at 0.8831, which is a an overlap support( Breakout)
Our take profit will be at 0.8769, an overlap support.
The stop loss will be placed at 0.8897, above 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. 66% 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. 70% 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.
Sell USDCHF Channel BreakoutThe USD/CHF pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined channel pattern.
Sell Entry: Consider entering a short position around the current price of 0.8827, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels: Initial bearish targets lie at the previous support levels within the channel, now acting as potential resistance zones: 0.8780 and 0.8751. Further downside targets could be determined using other technical analysis methods like Fibonacci retracements or extensions.
Stop-Loss: To manage risk, place a stop-loss order above the broken support line of the channel, ideally around 0.8865. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Thank you.
USDCHF H1 | Bearish DropBased on the H1 chart analysis, we can see that the price has just reacted off our sell entry at 0.8845, which is an overlap resistance.
Our take profit will be at 0.8814, a pullback support level.
The stop loss will be placed at 0.8874, above a 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. 66% 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. 70% 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 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 :-)
Buckle Up for a Potential USD/CHF Short with External Liquidity
For traders seeking a potential short opportunity, the USD/CHF pair presents itself as an interesting candidate, especially when considering the influence of external liquidity. Here's a breakdown of the factors at play:
1. External Liquidity Woes: Global central banks are tightening their monetary policies, draining excess liquidity from the financial system. This can strengthen the CHF, a safe-haven currency, as investors seek refuge during economic uncertainties.
2. USD Correction: The US dollar has enjoyed a strong run in recent times. However, a potential correction could be on the horizon, especially if economic data disappoints or the Fed's hawkish stance softens.
3. Technicals: The USD/CHF chart might be hinting at a potential reversal. Look for signs of weakness, such as bearish chart patterns or overbought conditions on technical indicators.
Remember: This is just a simplified overview, and conducting your own research is crucial before making any trading decisions. Consider factors like risk management, position sizing, and exit strategies to navigate the market effectively.
Stay tuned for further updates and analysis!
USDCHF - Long from support zone ✅Hello traders!
‼️ This is my perspective on USDCHF.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for a long. I wait price to continue the retracement to fill the imbalance and then to reject from support zone for a potential long.
Fundamental analysis: Next week is NFP week, news with high impact on USD, so pay attention to the results on Friday to validate the analysis.
Like, comment and subscribe to be in touch with my content!
SHORT USD/CHF from .8847I'm SHORT this pair from .8847.
USD/CHF has hit the channel shown. This is a recent area of resistance from 13/2/24.
Price has been overbought since yesterday and now it appears the BULLISH momentum of this pair is waning and the signs are that USD/CHF BEARS are jumping on board.
Although the Pivot Point SuperTrend remains BULLISH, the Andean Oscillator shows a rise in the red SELL line and the green BUY line is heading south and looks like it will cross the signal line soon.
Other confirmation of the BEARISH bias is the falling RSI and the MACD is crossing south whilst the signal bars are shortening.
This has to be considered a risk trade as we don't have every indicator confirming the BEARISH momentum but we are just under WR1 resistance having been above it a few hours ago and the other major consideration is US news at 15:00 being the Manufacturing PMI and Revised UoM Comsumer Sentiment.
Hopefully this trade will be in + numbers and we can get a tight STOP on before the release of the data which will no doubt move the market.
USDCHF: Expecting Bearish Continuation! Here is Why:
Our strategy, polished by years of trial and error has helped us identify what seems to be a great trading opportunity and we are here to share it with you as the time is ripe for us to sell USDCHF.
❤️ Please, support our work with like & comment! ❤️
USDCHF → Breakout of bullish pattern resistanceFX:USDCHF has been in consolidation phase for a long time on the background of a bullish trend, which is formed in the wake of strengthening of the dollar index. There are preconditions that the growth may continue.
Today traders are expecting the US GDP, which will be released at 13:30 GMT. In general, expectations are negative, analysts expect GDP to decline by 1.6%, based on the overall environment, this data has a chance, but still, there is a chance that GDP will be slightly higher than expected. The dollar index forms a rebound from trend support, USDCHF reacts to this and breaks the resistance of the bullish pattern: descending wedge. Consolidation of the price above 0.8807 will form the potential for further growth. In this case, the medium-term target will be 0.900 - 0.904.
Resistance levels: 0.8807
Support levels: 0.8742, 0.8684
Against the background of the dollar growth there is technically a high probability of growth of the currency pair, but today it is worth paying attention to the news. GDP above 3.3% will positively affect the growth of the currency pair, and the data below expectations will weaken the price.
Regards R. Linda!
Hellena | USD/CHF (4H): Short to 100% Fibo lvl 0.86885.Dear Colleagues, I suppose that the downward movement to the area of 100% Fibonacci extension level 0.86885 will start soon. This will be the anticipated wave 3, which may go even lower.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!