Get started

Usdchfanalysis

Look for buys on USDCHF from the trendline support!Greeting fellows! Let's take a look at USDCHF. The pair fell from its May 2022 high last week. We can also see that the pair has a rising trendline support at the bottom. If the rising trendline support hold, I'd expect price to rise. I will carefully monitor price and probably look for buying opportunity on this pair with two targets in mind, 0.98046 and 1.00180. Friends, if you enjoy reading my ideas please support my work with likes. If you have any comment, suggestion, question or opinion please make use of the comment section below.
Long
by Forexintelligence_NA
USDCHF – expecting bullish continuation for the week of 13 JuneThis pair has made parabolic gains since April 2022, a strong pullback in May notwithstanding. The support at 0.9560 was tested several times but held firm. This level became the base from which price launched again. Last week saw a strong dollar again and a break above the next significant level at 0.9840. IMO we are bullish again and this is my bias for the next week. I will be looking for a small pullback to the 0.9840 region and will be monitoring price action to take a long trade. My stop will have to be below the low of Friday’s candle while targeting the next S/R area around 1.003. If this trade does work out, we have a potential 2.4R trade. If you like my analysis, please give it a “thumbs up” and follow me to get immediate notifications. Always use sound money and risk management and stay patient in all your trades.
Long
by Trading_Vista
4
The fall was quite obvious in USD/CHF, how to trade it now?Dear traders, if you have been following USD/CHF , then you have certainly anticipated the fall in this pair. The interest rate hike by SNB just gave the much-needed impetus to this rapid fall. In fact, other pairs like AUD/CHF and CAD/CHF also fell rapidly as price was at a resistance level. I personally milked USD/CHF, CAD/CHF and AUD/CHF over the last few days with hundreds of pips in the bag. Here's a chart on CHF where you can see that I caught the absolute TOP Currently, USD/CHF is inching towards a minor support level which could lead to a moderate pullback towards 0.9850. I would be waiting to see the price action in the support level before buying USD/CHF. If bullish price action happens in the support level, I would consider a buy trade with 0.98 as the TP.
by KaltoireCapital
5
USD/CHF: double top bearish pattern in sight?The Swiss franc ( USD/CHF ) rallied against the dollar in London morning trading, after the Swiss National Bank (SNB) unexpectedly raised interest rates by half a percentage point to -0.25%, shocking the market which had anticipated rates to remain unchanged. Rising inflationary pressures prompted the SNB's unexpected rate rise, after Switzerland's inflation rate hit 2.8% year-on-year in May, the highest level since September 2008. The SNB also stated that further rate increases are inevitable in the foreseeable future and that the franc is no longer highly valued because of recent depreciation. On the technical front, USD/CHF fell sharply to 0.98, and a double top bearish pattern is increasingly gaining shape, which could indicate a further dip to the neckline support of 0.955. Momentum indicator, as represented by the 14-day relative strength index, tilts dangerously downward and tries to test the 50 mark. Read more...
by Capitalcom
USDCHF:Battle of the safe-heavens?!!USDCHF Intraday - We look to Buy at 0.9941 (stop at 0.9919) Trading close to the psychological 1.000 level. 20 4hour EMA is at 0.9931. There is no clear indication that the upward move is coming to an end. A lower correction is expected. Our profit targets will be 0.9997 and 1.0007 Resistance: 1.0020 / 1.0040 / 1.0060 Support: 0.9990 / 0.9970 / 0.9940 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . 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 Signal Centre.
Long
by VantageMarkets