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Usdchf!

USD/CHF Forecast: Exploring Downside Potential Post-Double TopThe USD/CHF pair is facing resistance around the 0.8830 mark, struggling to regain momentum after a retreat from nearly reaching 0.8900, primarily attributed to encountering a double top formation at 0.88850. This downward movement in the pair is underpinned by the weakened US Dollar (USD) and declining US Treasury bond yields. Market participants are eagerly awaiting the release of the Swiss February Consumer Price Index (CPI), anticipating it to ease from 1.3% in January to 1.1% in February, which could provide fresh impetus to the currency pair. On the US front, the Institute for Supply Management (ISM) reported a decline in the US Manufacturing Purchasing Managers Index (PMI) to 47.8 in February from 49.1 in the previous month, falling short of market expectations set at 49.5. Looking ahead, investors will closely monitor Federal Reserve Chair Jerome Powell's testimony scheduled for Wednesday, seeking insights into the inflation outlook and potential shifts in monetary policy. Hawkish remarks from Fed policymakers could potentially lift the USD, acting as a tailwind for the USD/CHF pair. Concurrently, the Swiss Federal Statistical Office is set to release the nation's Consumer Price Index (CPI) for February later on Monday. Our analysis suggests a continuation of bearish pressure following the double top formation, with a potential breakout below the neckline, targeting the next fair value gap at 0.86000
Short
by FOREXN1
3
USDCHFHello everyone, New week ahead. Looking forward to it! Last week we had red folder news. BTC is pumping, gold is following. I did my TA last night for my point of interset. If you look back at the charts, you can see why I am not putting limits. If I see a big candle pushing in my zone of interest, I am more than happy to watch how it goes and step in after liq crap or the next demand zone. When the entrée come, a 3RR is target, but you can also follow the price to the next interest zone. I try to update when I am taking a position.
Short
by Ghost-Feed
USDCHF H4 | Bearish reversalBased on the H4 chart analysis, we can see that the price is rising toward our sell entry at 0.8813, which is a pullback resistance that closes to 61.8% Fibo retracement Our take profit will be at 0.8691, a support level. The stop loss will be placed at 0.8895, 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.
Short
by FXCM
USDCHF Crosses the Trendline break down for ShortUSDCHF Crosses the Trendline and creates a new bottom at the 38% Fibonacci line So now the uptrend has been broken. We can consider entering an order #1 Sell: 0.87816 fibo zone 23.6% Stop loss: 0.88676 Take profit: 0.85769 at fibo 61.8% #2 Sell: 0.88186 Stop loss: 0.88186 Take profit: 0.85781 at fibo 61.8% #3 Sell: 0.88349 SL: 0.88688 TP: 0.85775 #4 Close 1/2 Order when price to Fibo 38.2% and move SL to Entry price # Good look to you
Short
by FxiZLife
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
USDCHF Under Pressure! SELL! My dear friends, Please, find my technical outlook for USDCHF below: The price is coiling around a solid key level - 0.8852 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 0.8809 Safe Stop Loss - 0.8875 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
2
USDCHF Set To Grow! BUY! My dear followers, I analysed this chart on USDCHF and concluded the following: The market is trading on 0.8748 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 0.8817 Safe Stop Loss - 0.8716 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
2
Bearish reacting off resistance?USDCHF is rising toward resistance and could potentially falling to support level that closes to the 127.2% Fibo extension Alternatively, if price breaks above the pivot, it could continue to rise to next resistance level Pivot: 0.8811 Support: 0.8731 Resistance: 0.8865 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.
Short
by ICmarkets
HelenP. I Swiss Franc will turn around and start to riseHi folks today I'm prepared for you Swiss Franc analytics. If we look at the chart we can see how the price some time ago tried to rise to the 0.8850 resistance level, but later it turned around and in a short time declined to the trend line, thereby breaking the 0.8780 support level, which coincided with the support zone. After this CHF started to rise, and soon it reached support level and broke this level again. Then price rebounded a little up, and then started to decline back to the 0.8780 level. After this movement, CHF made impulse up to the resistance level, which coincided with the resistance zone and even soon broke it and rose to 0.8890 points. But then price turned around and in a short time declined below the resistance level, breaking it one more time, even later CHF tried to back up, but when the price entered to resistance zone Swiss Franc rebounded and made an impulse down to the trend line. At the moment, the price trades below this line and I expect that CHF will decline more and later turn around and start to move up. That's why I set my target at the 0.8830 level. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
💡 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.
Long
by Stone_Haven
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.
by FXOpen
2
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!
Short
by SignalProvider
1
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
Long
by KABHI_TA_TRADING
5