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Usdchfanalysis

USDCHF Long ViewCentral banks have had their say for Q1 and there were arguably two surprises, both from central banks that have deployed negative interest rates in the recent past. The Bank of Japan decided to exit negative rates and the Swiss National Bank (SNB), in a surprise decision, voted to cut their benchmark interest rate – the first of the major central banks to do so. Lower inflation forecasts for Switzerland and meagre growth lay the foundation for further easing to come from the often-unpredictable SNB before Chairman Thomas Jordan steps down in September. In contrast, The Fed requires more confidence that recent hotter-than-expected inflation is headed towards the 2% target on a consistent basis while growth and the labour market remain resilient – supporting the dollar. CONTRASTING FUNDAMENTALS PRESENT AN OPPORTUNITY FOR USD/CHF IN Q2 Now that the SNB has pulled the trigger and cut rates, this allows other central banks to consider the doing the same. However, being the first mover, the Swiss Franc opened itself up to currency depreciation due to a worsening of interest rate differentials. For other nations still experiencing stubborn inflation, this would have been a concern but given the franc’s undesirable appreciation and Switzerland’s impressively low CPI (1.2% in February) – the decision to cut actually makes sense for the EU member state.
Long
by FXBANkthe8055
USDCHF - Confluence for a long ✅Hello traders! ‼️ This is my perspective on USDCHF. Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long position. I have a point of interest where there are confluence arguments for a long position, this one is if price fills the imbalance lower and rejects from S/R zone + FIBO 0.5 level + institutional big figure 0.89000. Fundamental news: Next week on Friday we have NFP and Unemployment Rate in USA, news with high impact on USD. As well, on Thursday we have monthly CPI on CHF. Like, comment and subscribe to be in touch with my content!
Long
by Snick3rSD
4
USDCHF SWING TRADE OF 1O41 PIPS READ DESCRIPTIONBased on the provided analysis, let's elaborate on the potential trade setup for USD/CHF: 1. **Buying Zone**: USD/CHF is currently within a buying zone at the daily timeframe, suggesting a favorable area for long positions. This zone is identified as being around 0.89800, indicating a level where institutions and significant players are heavily accumulating long positions. The profit target (TP) for this trade is set at 0.90200, representing the desired price level for profit-taking. 2. **COT Reports Analysis**: The Commitments of Traders (COT) report indicates a substantial bullish scenario, with 80,000 long positions and 40,000 short positions. This suggests a strong bullish sentiment among institutional traders, reinforcing the potential for upward price movement. 3. **Trader Sentiments**: Trader sentiments show that 62% of traders are holding long positions, while 38% are holding short positions. This sentiment aligns with the bullish bias indicated by the COT reports, further supporting the potential for an upward movement in USD/CHF. 4. **Technical Analysis Indicators**: - Daily Summary: The daily summary shows a predominantly bullish sentiment, with 90 buy signals, 23 neutral signals, and 12 sell signals. - Moving Averages: There are 12 buy signals, 1 sell signal, and 1 neutral signal in the moving averages, indicating a bullish bias. - Oscillators: In the oscillator category, there are 12 buy signals, 3 sell signals, and 2 neutral signals, further reinforcing the bullish sentiment. - Other Technical Indicators (EMA, SMA, RSI, Stochastic, Stochastic RSI, ATR, Intraday Range, CCI, MACD, HMA, Bull Bear Power, VWMA): These indicators all signal buying opportunities, indicating a strong bullish bias. 5. **Trade Parameters**: - Profit Target: The profit target for this trade is set at 1041 pips, which represents an 11.54% profit potential. This suggests a significant profit-taking opportunity. - Multiple Take Profit Levels (TPs): There are 6 TP levels indicated by yellow horizontal lines, providing traders with various opportunities to scale out of their positions as the price progresses towards the profit target. In conclusion, the technical analysis, combined with COT reports and trader sentiments, suggests a strong bullish outlook for USD/CHF. The trade setup presents a favorable risk-to-reward ratio, with a clear profit target and multiple take profit levels to capture potential gains along the way. However, traders should remain vigilant and monitor the trade closely, adjusting their positions as per market dynamics and risk management principles.
Long
by MOAZAM1133
USDCHF SHORT 650 PIPS READ DESCRIPTIONThe analysis for USD/CHF indicates that the currency pair is currently at a major resistance and supply zone, ranging from 0.90117 to 0.89700. This zone has attracted significant attention from big players and institutions, who have been actively entering short orders in bulk. The latest data reveals that there were 29,160 short entries and 11,000 long entries from big players and institutions. This results in an overall net short position of 57% and a net long position of 14%. Over the last three months, the total net position of shorts has been 79%, while longs accounted for 21% of the market sentiment. In our trade strategy, we set a 40-pip stop loss to manage potential losses. With a target of 657.8 pips and a profit potential of 7.33%, the risk-to-reward ratio stands at a favorable 7.43. This indicates that the potential reward significantly outweighs the risk. Additionally, we have set four target prices to secure profits at various levels, providing flexibility in managing the trade and locking in gains as the price moves in our favor. It's essential to always manage risk diligently in trading. Traders should adhere to their risk management strategies, including setting stop losses, controlling position sizes, and diversifying portfolios, to protect their capital from significant losses. By prioritizing risk management, traders aim to ensure the longevity of their trading endeavors and navigate market uncertainties effectively. In summary, the analysis suggests a bearish outlook for USD/CHF, supported by the presence of a major resistance and supply zone and favorable institutional sentiment. By implementing a well-defined trading strategy and managing risk effectively, traders aim to capitalize on potential price movements while safeguarding their investments.
Short
by MOAZAM1133
3
USDCHF LONG/BUY 📈 Overview: USDCHF was moving in a downward channel, and there was a breakout to the upside, followed by a retest in the 4-hour time frame. Full Analysis: 📉 Expectations: Anticipate the pair to re-test key support levels as highlighted in the attached chart. 📊 Trading Strategy: This trade is based on a combination of technical analysis and candlestick patterns. It's a long-term position, so ensure sufficient margin to manage market fluctuations. Implement proper risk management in line with your account size. 🚦 Trading Rules: 1️⃣ Rule 1: If the trade does NOT surpass our entry level (GREEN LINE ON THE CHART), Do not enter the trade. 2️⃣ Rule 2: When the market hits Target 1, consider closing some positions or move your STOP LOSS to ENTRY price for safe trading. 3️⃣ Rule 3: After reaching Target 1, avoid placing new trades based on the same signal/alert. 4️⃣ Rule 4: If the market consolidates for more than 2 days, close the trade and patiently wait for the next favorable trading opportunity. Trade responsibly. Past performance is not indicative of future results. Feel free to ask any questions or discuss further! 📊📉
by Pro-Trading-Africa
USDCHF - Expect retracement ✅Hello traders! ‼️ This is my perspective on USDCHF. Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long position. I wait price to continue the retracement and my point of interest for a long is if price rejects from trendline + S/R level + institutional big figure 0.89000. Fundamental news: Next week on Thursday we have news on USD, will be released quarterly GDP, which has high impact on currency. Like, comment and subscribe to be in touch with my content!
Long
by Snick3rSD
USDCHF: View on daily timeframe, we are neutral. FX:USDCHF last few month price has been bearish all along as CHF remain strongest in the situations where war and other economical conflicts affects in global financial market. We are still not sure about future trend of this pair, as strong bullish price action yet to be seen. However, the big amount of volume was accumulated at lower low of thursday which suggest a possible correction can occur. We would advice you to use smaller timeframe to have a better and safer bias. Good Luck and Trade Safe
by Setupsfx_
15
USDCHF - Long from bullish order block ✅Hello traders! ‼️ This is my perspective on USDCHF. Technical analysis: Here we are in a bullish market structure from 1H timeframe perspective, so I am looking for a long. I wait price to continue the retracement to fill the imbalance and then to reject from bullish order block + institutional big figure 0.88000. Fundamental news: Next week is full of news with high impact on USD and CHF, we will see results of Interest Rate in both countries. Like, comment and subscribe to be in touch with my content!
Long
by Snick3rSD
6
usdchf daily outlookit is going to complete a flag pattern after a clear upside move. so as the previous upside move, we can think that the next move could be upside after the valid breakout of this flag. I am not telling you guys to execute the market right now....wait for a valid breakout wait for better confirmation...then define your risk and then take the position. note:- let's talk about the validity of a flag pattern. when you see the 4 touches on a flag pattern then it's going to be a valid pattern. another validity is a breakout. thank you
by THE-10
USDCHF In the USD/CHF pair, a bearish trend seems to be emerging on the 4-hour timeframe, supported by the breakout below the double top neckline. Additionally, the correction of around 50% in the previous wave and the completion of the 4th Elliott wave further suggest downward pressure, potentially indicating a continuation towards the completion of the 5th Elliott wave. Traders might consider monitoring for further confirmation of this bearish sentiment through price action and key support/resistance levels.
Short
by forex_info
1
USDCHF AnalysisHello traders I have conducted an analysis on USDCHF, as you can see the market has been on a down trend for the past few months and I think it will continue doing so as it showed huge rejection candle on the current zone so now this current zone will act as resistance as price showed before that this zone is valuable as it was acting as support in the past months. So now I will keep on looking for bearish trades until it reaches the last zone then I will look for buy opportunities. So what do you think traders on this one?
Short
by dlaminisya
1