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Usdchfanalysis

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…
by tokelohomi
3
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. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
#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!!
Long
by Setupsfx_
12
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.
by benny_marshall
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. Like, comment and subscribe to be in touch with my content!
Long
by Snick3rSD
4
[TRADE UPDATE] Quick update on the progression of this idea from last week as expected early last week we got the sell off at the strong WEEKLY resistance area with price currently trekking towards the breakout area at 0.925 which is also a weekly DEMAND/BUY area. The current sell position is up around 100 pips I have closed 50% of the position and moved stop loss to 0.938 will hold remaining position to see if we get to the 0.925 expected level. At this point I will then look to buy this pair please refer to related post to understand the reasoning behind this setup
Short
by TheFxAce
2
USDCHFUSDCHF Long-Term Perspective macro chart on the left side USDCHF can continue its current rejection on 0.94200 all the way down to 0.92000 psychological level which can create a long opportunity around the area on the lower time frame for another Bullrun to the main target which is around 0.95500 USDCHF lower time frame (minor chart on the right side) For now, looking for short opportunities for the bearish continuation till the highlighted key area which overlaps with the area on the left-hand side chart and my Long-Term Perspective
by Roham_Trader