Usdchfanalysis
MSS in USDCHF … the trend is bearishAs it is clear from the chart, USDCHF hits a higher high near 0.91 and at Friday we can clearly see a Market Structure Shift from bullish to bearish … the target for the down trend move is 0.888 and there is a 4H FVH above current market price which can make be a good sell setup entry.
USDCHF: The USD fell on hopes that the Fed would stop raising inAs traders reinforced their wagers that the Fed would stop hiking interest rates, the USD index and dollar index futures both dropped 0.5% in Asian trading, prolonging losses from the previous day.
Chairman Jerome Powell adopted a less hawkish posture than markets had anticipated by admitting that monetary conditions had tightened somewhat in recent months, even as the Fed maintained interest rates unchanged as anticipated. That.
Powell does not completely rule out raising interest rates one more time. But the market saw his remarks as a signal that the Fed will no longer be raising interest rates and will probably be cutting them by the middle of 2024.
However, rates are predicted to stay over 5% until at least the end of 2024, even if the Fed decides not to raise rates any further. This implies a constrained upside.
USDCHF: The market waits for the announcement of US government Due to investor demands for compensation for interest rate and geopolitical risks, as well as worries about oversupply as the Fed tightens monetary policy, both the bond and equity markets are volatile.
Because of this, the market will be much more interested in the capital mobilization announcement on November 1st, including details about the scope and duration of the bond bidding.
According to Josh Emanuel, chief investment officer at Wilshire, "the cause of volatility in bond yields is the imbalance between supply and demand in the market today." While some believe that Fed communications are less significant than issues, I believe that both are crucial.
USDCHF 31/10Pair : USDCHF ( U.S Dollar / Swiss French )
Description :
Completed " 12345 " Impulsive Wave and Formed " Double Top " as an Corrective Pattern for Trend Reversal and it has Completed " A " Corrective Wave. It is Rejecting from S / R Level and Fibonacci Level 50.00% to complete its " B " Corrective Wave
Entry Precaution :
Wait until it Complete " b " Corrective Wave and Reject
USDCHF: The Federal Reserve meets this weekThe US dollar has recently strengthened on signs of US economic strength, even after a long period of interest rate hikes by the Federal Reserve.
US consumer spending soared in September, while the US economy grew at its fastest pace in nearly two years in the third quarter.
Fed policymakers will meet this week, with the central bank expected to leave interest rates unchanged when the decision is announced on Wednesday.
However, traders are concerned that these strong numbers mean they portend higher interest rates for longer as they continue to worry about overheating inflation.
Swiss Franc Rides High on Investor Flight to Safety?Investor flight to safety might provide a favorable outlook for the Swiss franc this week.
Swiss franc against the USD and GBP might be the most interesting considering the Fed and the Bank of England (BoE) hold their policy meetings this week, where they are both expected to keep rates exactly where they are. These pauses by the Fed and BoE might contrast too sharply with the Swiss National Bank (SNB), whose Vice-Chairman made some hawkish comments over the weekend, pushing back against expectations that the SNB is done with its rate hikes, and cause some rumblings in the USDCHF and GBPCHF.
Investor risk-aversion has already caused the Swiss franc to hit a high not seen since 2015 against the Euro. Euro Area inflation is also due this week, so this pair might also be appropriate to watch this week.
Regarding the Middle East conflict, latest developments have seen Israeli Prime Minister Benjamin Netanyahu deny they would agree to ceasefire, drawing parallels to US retaliation to the terrorist attacks of 9/11. In this way, we might expect drawn out conflict, and the desirability of the Swiss franc rising.
USD/CHF 100 Pips sell Idea based on 4-Hour chartDear traders, in the 4hour chart of USD/CHF, you can see that price
has stalled at the dynamic resistance.
So, as long as price doesn't break this dynamic resistance, we can
consider selling USD/CHF in this highlighted circular area and then
put our targets at the previou low around 0.8890
USDCHF: Foreign exchange rates today October 25: The world USD iEarlier, survey data showed that business activity in the euro zone unexpectedly worsened this month as the recession spread across the region.
A survey on October 24 showed British businesses reported further contraction this month, with cost pressures continuing to ease and risks of recession pointed to.
USDCHF Long Term selling Trading IdeaHello Traders
In This Chart USDCHF DAILY Forex Forecast By FOREX PLANET
today USDCHF analysis 👆
🟢This Chart includes_ (UDCHF market update)
🟢What is The Next Opportunity on USDCHF Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
USD/CHF: Time to Sell Amidst Global Events👋Good day, traders!
📉Due to the events in Israel since the beginning of October, USD/CHF has lost more than 3.5% in value and recently broke its upward trend. If the decline in USD continues and breaks the support level at 0.89150, we can expect the beginning of a major downtrend towards the target levels of 0.88450, 0.87900, and 0.87000. I recommend considering selling from the conservative level of 0.88900-0.88700, anticipating a potential profit of 0.45-2.1%, with a SL at ~0.89750.
✅Hit the 👍 if you want more interesting and profitable trading ideas!
❓I look forward to your comments. What are your thoughts on this?
DISCLAIMER:
This idea is for informational and educational purposes only and is not a trading recommendation. Traders analyze and make decisions on using this information independently.
USDCHF - Bullish OutlookUSDCHF - Elliott Wave Count
USDCHF - the market seems completing the 4th wave. once its completed we can expect an impulse wave 5 upside. if the price breaks below 50% Fibonacci level this view considered as invalid.
Please exercise caution when trading as this information is for educational purposes only.
FX:USDCHF OANDA:USDCHF FOREXCOM:USDCHF PEPPERSTONE:USDCHF EIGHTCAP:USDCHF FX_IDC:USDCHF CAPITALCOM:USDCHF
USDCHF: USD/CHF breaks 2-day losing streak, stays above 0.8900, The USD/CHF pair snaps a two-day losing streak during the early European session on Friday. The pair currently trades near 0.8927, up 0.15% on the day. Meanwhile, the escalating geopolitical tension between Israel and Hamas might benefit to the safe-haven currency like Swiss Franc (CHF).
The Swiss Trade surplus widened more than expected in September. Trade Balance came in at 6,316M versus 3,814M seen in the previous month, better than the expectation of 3,770M, according to data published by the Swiss Federal Customs Administration Thursday. Additionally, Exports surged to 24,795M MoM in September from the previous reading of 20,932M whereas Imports arrived at 18,480M MoM versus 17,118M.
Across the pond, Fed Chair Jerome Powell signaled a desire to pause rate hikes and watch how economic data develops in the coming months. Powell further stated that more monetary policy tightening might be appropriate if there are more indications about above-trend growth or if the labor market stops easing. His dovish comments weigh on the Greenback and act as a headwind for the USD/CHF pair.
USDCHF - Look for a short ✅Hello traders!
‼️ This is my perspective on USDCHF.
Technical analysis: Here we are in a strong bearish market structure from 4H timeframe perspective, so I am looking for a short position. I want price to make a retracement to fill the imbalance higher and then to reject from bearish order block.
Like, comment and subscribe to be in touch with my content!
USDCHF: The Fed Chairman said he would proceed carefully and didChairman Jerome Powell said the Fed wants to keep interest rates unchanged at its next meeting, while leaving open the possibility of raising interest rates again in the future if policymakers see more signs of a resilient economy. .
These comments confirm market expectations that the Fed will not raise interest rates at its October 31-November 1 meeting. He also said the recent rise in long-dated bond yields, if continued, could replace a “little bit” of interest rate increases, echoing his peers and emphasizing the importance of tightening regulations. financial conditions on the interest rate outlook in the coming months.
“Given the uncertainties and risks and how far we've come, the committee is proceeding carefully,” Mr. Powell said at the Economic Club of New York. “We will make decisions on the level of further policy consolidation and how long it will remain restrictive based on the total data, outlook and balance of risks.”
The 2-year bond yield fell after Chairman Powell spoke, while the 10-year bond yield retreated from its upward momentum. The USD fell and S&P 500 stocks, after much volatility, also fell.
CHF is becoming a new carry trade object?“CHF is now becoming an attractive funding currency,” said Kit Juckes, chief FX strategist at Societe Generale London. SNB officials are wise enough to know that not meeting a rate hike from the ECB won't help the franc, but I'm sure they feel comfortable as long as it doesn't go too far.”
The SNB decided to keep interest rates unchanged at 1.75% amid concerns that the 11% increase in CHF against USD since November is reducing growth prospects, however, this also helps Switzerland control inflation. .
USDCHF: USDCHF news today October 18Most Asian currencies fell slightly on Tuesday as demand for the dollar remained steady ahead of several key US economic indicators this week, while sentiment also remained at jittery levels. Israel-Hamas war.
Data on US retail sales and industrial production will be released later in the day, while a host of Federal Reserve members will speak this week, most notably Chairman Jerome Powell on Thursday.
The data and addresses are set to provide more signals on the world's largest economy and will be closely watched after a surprise rise in US inflation over the past three months raised concerns of a The Fed is more hawkish.
The data is expected to show a sustained decline in economic growth, as the country's manufacturing and services sectors struggle with a decline in overseas demand.
The debt crisis in the real estate market is also expected to slow economic growth further, although a series of monetary stimulus measures in the past quarter may have helped offset the slump. greater growth reduction.
USDCHF - D1USDCHF
W1 – A protracted downward trend, in which the maximum was rewritten for the first time, which makes it likely that the correction will end and the movement will continue down to the levels of 0.85518. It is worth considering, since the wave was impulsive, this could potentially be the 1st wave for a reversal structure and it will be possible to see targets in the area of 0.88996 (50% correction).
D1 – Formation of a three-wave structure, which can lead to further movement down to the lower border of the trend channel. Locally to the levels 0.87280 – 0.85700.
What can you expect?
You can consider an entry from the level of 0.89850 (you can consider breaking the level, but to be sure, also wait for it to consolidate) with further movement to the target of 0.85700. Cancel the idea so as not to take an increased risk at the level of 0.90950
Targets 0.89350 – 0.88268 – 0.87280 – 0.85700
USDCHF: Fed officials called for a halt to interest rate increas"Small companies are really having difficulty accessing capital," Mr. Harker said on Monday (October 16).
"Some people working in the banking industry share concerns that it will be difficult for them to implement their business plans if interest rates are higher," Mr. Harker said.
“This is why the Fed should keep interest rates steady, at this time we should not be thinking about any rate hikes.”
Mr. Harker in recent months has become one of the most strongly dovish leaders, arguing that policymakers have raised interest rates high enough to contain inflation.
The central bank has raised interest rates by more than 5% since the beginning of last year. In September, officials signaled another rate hike by the end of 2023.