Usdchfanalysis
USDCHF (U.S Dollar / Swiss Franc) Currencies Analysis 09/04/2021Fundamentals:
The USDCHF currency pair is often called 'The Swissie'. The Swiss Franc is the last Franc still in issuance in Europe. CHF is shorthand for 'Confoederatio Helvetica' Franc, and represents the economy of the neutral nation situation in the center of Europe. Switzerland has long been a key banking center for customers around the world, and the secrecy with which they maintain their banking operations has made them one of the more desireable locations for storing cash. This has helped to bring considerable strength to the Swiss Franc, pressuring exporters from the nation. When the European Debt Crisis enveloped the continent, massive inflows into Swiss Francs made the situation worse until eventually the Swiss National Bank (SNB) created a peg to the Euro at a rate of 1.2 Swiss Francs for every 1 Euro. If the EURCHF currency pair fell below 1.20, the SNB proposed to sell CHF and buy EUR to support the 1.20 floor.
Technical analysis:
the Pair seem to be on a bullish wave and it has trigged the extension level of the Fibonacci projection and now consolidating at the parallels legs of the same Projection
accordingly we can target the higher levels with higher confirmation as the price has done its accumulation phase properly and we can see an Inverted Head and Shoulder pattern at the Accumulation zone which is a very good sign it.
there are total of 3 Targets defined as the 1 and 2 Targets are very much Prone to get triggered on a very faster pace
USD/CHF ON SUPER BULLISH MODE!USD/CHF looks very promising for the much higher prices on up-coming months according to Elliott Wave analysis. In my view we will break minimum as minimum 2016's high.
DISCLOSURE - Please be informed that the information I provide is not a trading recommendation or investment advice. All of my work is for educational purposes only. All labeling and wave count have been done by me manually and I will keep changing according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans. Try to learn Elliott Wave or other strategies and make your own strategy. Following is not that much easy. I am not responsible for any losses if u took the trade according to my trade plans.
#USDCHF #usdchf #USD/CHF #usd/chf
USDCHF riseThis pair has continued to unfold as projected, albeit there some variations in the expected formations of the projections made. Executing according to plan has worked successfully over this month.
I am waiting to see market structure form over the next couple days as this is when I anticipate my next move forming accordingly.
Patience is key, I anticipate continued rise toward 0.9800 price region
Daily USDCHF Premium Signal For 25/04/2022Last week we couldn't meet our target of 200pips per week. We were shot of just 76pip. But hopefully this week is certain we shall get there. For USDCHF setup for Monday. Hawkish statements from FED still in play would give long the advantage. We go long at 0.95278 targeting 30-40pips good luck trading.
USDCHF SHORT ✅TP - green line
❌SL - red line
EP - start of yellow line
Original Analysis
Approaching Support level of 0.94318 identified at 21-Apr-07:00 2022 GMT
This does not constitute investment advice and does not have regard to the specific needs of any person who may receive it. No warranty is given as to the accuracy or completeness of the information and any person acting on it does so entirely at their own risk.
USDCHF Breaking ResistanceUSDCHF Breaking Resistance
USDCHF recently broke its resistance at 0.9465
The next psychological resistance is at 0.9500, a break in this level will take tha pair to 0.9532 (Channel Resistance)
If 0.9500 will not break, a short term pullback at 0.9460 will be a key price at the 4H timeframe.(Trendline Retest)
If 0.9460 will not hold price may go down and consolidate near the 0.9400 level. (Trendline Structure Break)
For this week, I expect USDCHF price will consolidate between 0.9500 - 0.9400 level.
USD/CHF Full Analysis And 2 Scenarios Available To Get 200 PipsThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
USD/CHF ON BULLISH MODEUSD/CHF ( US DOLLAR VS SWISS FRANC ) most likely on a bullish path. We are almost ready to go for the 3rd wave.
DISCLOSURE - Please be informed that the information I provide is not a trading recommendation or investment advice. All of my work is for educational purposes only. All labeling and wave count have been done by me manually and I will keep changing according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans. Try to learn Elliott Wave or other strategies and make your own strategy. Following is not that much easy. I am not responsible for any losses if u took the trade according to my trade plans.
#USDCHF #usdchf
USDCHF continues to riseThe pair performed as anticipated, an area of significance of which I had market was tested following the pullback yesterday. I performed according to plan
Holding long, based on the long-term projection of the pair, I shall watch how structure continues to unfold and manage my execution accordingly. I anticipate a continued rise for the day to 0.93980.
I am aware of the "red flag" news release for the USD, I see the news being used to shift the cycle upward, there still is the possibility that they may hit stops instead. My only job at the moment is to manage my entry according to plan and wait for TP to be hit.