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!
Usdchfanalysis
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.
USDCHF Long Term Buying 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
USDCHF Analysis 12Oct2023When there is a bullish trend in the market, there is a structure known as a "boss." Currently, the market is bearish, with the price penetrating the minor bearish area and heading towards the trendline. If the price manages to break through the trendline, it will confirm the two bearish trends. To find opportunities for long positions, you can draw a Fibonacci retracement and look for areas where the Fibo 0.5 and Fibo 0.236 levels intersect. These areas are quite interesting and can be used to search for long opportunities.
USDCHF : Long Trade , 4hHello traders, we want to check the USDCHF chart. The price is moving in an ascending channel and the price is pulling back to a key level. We expect this level to play the role of a support level and maintain the upward trend of the price. If the price increases, our first target will be the price of 0.92200. Good luck.
USDCHF 10/10 MoveUSDCHF
Description :
Bearish Channel in Long Time Frame as an Corrective Pattern with the Breakout of the Upper Trend Line. It has Formed Bullish Channel and Double Top as an Reversal Pattern to Complete the Retracement
Entry Precautions :
Wait till Rejection from the Demand Zone or Fibonacci Level - 61.80% with Strong Bullish Price Action
USDCHF END-WEEK ANALYSIS UPDATE 01/10/2023USD/CHF Bullish Opportunity 📈
Expect a potential bullish move in USD/CHF, aligning with the strengthening US Dollar. Look for long positions with a clear entry point, stop-loss, and take-profit strategy, and ensure effective risk management. 🚀💹 #USDCHF #Forex #TradingView 📈
USDCHF: 02/10/2023:🔴Possible scenarios Well, you can see important zones and possible scenarios on the chart.
Please pay attention to details.
In my perspective, at first price can go higher at least to the supply zone ( or even till OB-), and then with LTF confirmation we can sell to the demand zone.
💡Wait for the update!
🗓02/10/2023
🔎 DYOR
💌It is my honor to share your comments with me💌
DeGRAM | USDCHF breakout of channelUSDCHF is trading in the ascending channel; it printed a double top and divergence.
The market is showing that the bulls are running out of steam, creating a bearish harmonic pattern.
We expect a breakout of the channel and a bearish move to retest the psychological level 0.9000.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
#USDCHF to correct---------USDCHF sideways---------
After an intense movement to the upside USDCHF pair needs to regain buyers support to continue its way up. Until then I expect some sideway correction. The course can be retracted back to monthly level (red line). Main trend is up, don't forget it! And it will continue sooner or later. I would wait until the correction is over to buy the ticket to the moon :)
This is not a financial advice. Do your own research and analysis.
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
USDCHF - Potential retracement ✅Hello traders!
‼️ This is my perspective on USDCHF.
Technical analysis: Here we are in a strong bullish market structure from 4H timeframe perspective, so I am looking for long. I want price to make a retracement to fill the imbalances lower and then to reject from bullish order block.
Fundamental analysis: Next week on Thursday will be released quarterly GDP in USA, if the actual is higher than forecasted it means strength of USD.
Like, comment and subscribe to be in touch with my content!