Supply zone targetPrice tested the point of interest and made a retest which created this accumulation phase. This shooting star candlestick that created the order block zone failed to correct the fair value gap, instead it only spiked the gap. An abrupt bullish move occurred to correct the fair value gap and made a pullback that respected the order block. With the current market being bullish, a massive move to the stop order supply zone is expected…
Usdchfanalysis
USDCHF | Bullish Trend | UpTrendUSDCHF refers to the exchange rate between the US dollar (USD) and the Swiss franc (CHF). If the USDCHF pair is making a bullish trend, it means that the value of the US dollar is increasing relative to the Swiss franc. This could be due to various factors, such as stronger economic data from the US, higher demand for the US dollar, or weaker economic data from Switzerland.
If the sentiment of the USDCHF pair is also bullish, it means that investors and traders have a positive outlook on the exchange rate and believe that it will continue to increase in value. This sentiment can be influenced by various factors, such as positive news or events related to the US or the Swiss franc, a favorable outlook for the global economy, or a shift in central bank policies.
Higher highs and higher lows in the chart pattern of USDCHF also indicate a bullish trend. In technical analysis, this pattern is known as an uptrend, and it typically suggests that demand for the USDCHF pair is increasing over time. Higher highs occur when the exchange rate reaches a new peak that is higher than the previous peak, while higher lows occur when the exchange rate experiences a dip but still maintains a higher low than the previous dip.
Overall, a bullish trend, bullish sentiment, and a pattern of higher highs and higher lows all suggest that the USDCHF exchange rate is likely to continue increasing in the near future. However, it's important to keep in mind that exchange rates can be influenced by a wide range of factors, and there is always a risk of unexpected events or market shifts that could cause the exchange rate to change direction.
USDCHF - Bearish to sell stop liquidity ✅Hello traders!
‼️ This is my perspective on USDCHF.
Technical analysis: As we can see here we are in a bearish market structure, so I am looking for shorts. Price filled perfectly the imbalance and mitigated bearish order block which means I will open a short position. My target is sell stop liquidity for a new lower low.
Fundamental analysis: On Thursday 30th of March we have news events on USD, will be released final GDP for first quarter of 2023. The forecast for GDP is to remain the same as per last quarter, which means we would not have such big moves in market, however we should look for the results in order to validate our analysis.
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TRADE UPDATE USDCHF Short still on to 0.8946BIAS - Bearish
Inv C&H formed a while ago, which still seems to be at play.
M Formation - recent which is confirming further downside to come.
21>7 - Bearish
RSI<50
Price <200
Target 0.8946
There is a larger sell target due to the M Formation, but we are still playing this one from the previous formation.
USDCHF SellThe USDCHF pair managed to break 0.9235 level and hold below it, to complete forming the descending triangle pattern that appears on the chart, getting negative motive that we are waiting to push the price to continue the decline towards our negative targets that start at 0.9150 and extend to 0.9060. Therefore, our bearish overview still valid and active, supported by moving below the EMA50, reminding you that the continuation of the bearish wave depends on the price stability below 0.9316.
USDCHF h1 main trend is still down. In the short term, it is possible that the pair will accumulate sideways in the 0.9150-0.9190 zone and then break down. Recommend waiting to sell to 0.9190, SL: 0.9240, TP: 0.9120
USDCHF top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDCHF SELLwe are Currently looking at USDCHF Massive Sell for about 160 pips plus, breaking it down for understanding Educationally so basically we are Currently on a Massive Resistance zone on the HTF and which we go rejected so on the LTF we got a rejection on on the Resistance zone, we are expecting price to melt down to the Support Level, so let’s patiently wait on a retracement to our sell zone before taking our sells thank you. Drop a Comment on what you think
A wedge in placeThe market started off with accumulation phase to provide this nice bullish drive and got rejected by the 4h fair value gap. Then price dropped to the order block, respected the area and formed a young bearish order flow to give us the descending three drives which also created three ascending bullish drives. Both the drives have created a retail pattern which is narrowing to create high chance of a volatile move. Expecting a bullish move from this situation because on the 4h timeframe we have more of a correction that await an impulsive bullish move. Anticipating price to break above the 0.93454 to the 0.93926 stop order…
USDCHF - Bearish price action ✅Hello traders!
‼️ This is my perspective on USDCHF.
Technical analysis: As we can see price changed into bearish market structure from 4H timeframe perspective and started to form new lower lows and lower highs. Price rejected from OTE 0.705 level of FIBONACCI and filled partially the imbalance. I expect bearish price action upcoming week as we have a huge imbalance lower that has to be filled.
Fundamental analysis: On Wednesday 22nd of March we have news events on USD. Federal Reserve of USA planned to raise interest rate by 0.25%, also we have FOMC Press Conference the same day. On Thursday 23rd of March we have news events on CHF. As well SNB planned to raise interest rate by 0,5% supported by a Press Conference after the display of the results. The raise of interest rate means strength of currency, but due to the fact that SNB could raise by a bigger % this could support our bearish price action.
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USDCHF: Retail Wipeout I expect price to pierce the remaining liquidity with the news today.
Understanding where price may flow is easy, finding a sell entry is the difficult part.
I have marked an 'expected sell' zone but the reality is it could sell anywhere between now and the previous high.
So for now I will just be observing and if intuition tells me to sell, I will.
Good luck with the news today gang!
#USDCHF- We have STRONG reason to BUY!!!!Dear Traders, following yesterday data on NFP we have now identified that USD pairs will be bullish for longer time as fear of recession has risen again, from negative NFP to increasing tax on Capital gains, everything indicating towards a negative DXY ; we also have CPI next week which will be interesting and important for the investors and traders. It will be better to leave USD pairs alone on Monday where we will have a better understanding of the price action.
Good LUCK happy trading!!
USDCHF top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
ContinuationAfter the distribution phase, price impulsively shot down to the previous demand zone, made a slight upward move, broke the structure then aggressively dropped to the 4h demand zone. The zone was respected and the market is now in a state of recovery, this data give more reason for price to continue pushing up to the breaker block level…
USDCHF - Risky long ✅Hello traders!
‼️ This is my perspective of USDCHF .
Here I opened a risky long position as I saw price to reject from bullish order block and my target are imbalances higher that have to be filled.
‼️Attention!!! Due to the fact that we have news events on USD on Tuesday and Wednesday, the analysis can be invalidated.
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USDCHF - CURRENT SITUATION#USDCHF
- At this point, USDCHF is going down a bit. But with US PMI DATA and LABOR DATA being POSITIVE, USDCHF was BUY until last Friday. And FED UPDATES were very NEGATIVE. Hence, the CHF automatically rose against the USD in the previous days. Anyway, SWISS NATIONAL BANK has come out of NEGATIVE RATES. Anyway, RETAIL SALES POSITIVE came in US.
- Currently, the MARKET is becoming RISK ON and USD is a bit WEAK because of that. Anyway, the FED MEETING is scheduled to be held today. Yesterday US CPI data was NEGATIVE. That's why USD was WEAK yesterday.
- There is definitely a high possibility that USDCHF will go UP a little more and move to the 0.9462 LEVEL. US CPI DATA is scheduled to be released today. It will definitely make USD PAIRS VOLATILE. Anyway, USDCHF price can go down to 0.8899 level after FED EVENT. We focus on MARKET UPDATES and MARKET SENTIMENT. Follow the given MARKET STRUCTURE.
USDCHF - Long active ✅Hello traders!
‼️ This is my perspective of USDCHF .
Here we are bullish from H4 timeframe perspective, so I am looking for longs. I expect bullish price action from here as price filled the imbalance and rejected from bullish order block + institutional big figure 0.93000.
‼️Attention!!! Due to the fact that we have news events on USD on Tuesday, Wednesday and Friday, the analysis can be invalidated.
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