#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. -...
USD_CHF Break trendline from bullish to bearish And a move Down towards the target SHORT
USD-CHF rose to retest descending resistance Because it's trading in a tight wedge now I guess We will see a decline from the horizontal resistance level 0.9270 Towards the rising support level below
Note: 4hour, 1hour Price traveling below 100SMA Key support level break. Only take a trade if there is a strong volume to push the price down. If not, abort mission. Stop lost placed above Vwap (which is in between the Support and Resistance level). 1 Risk : 2.5 Reward.
Welcome back Traders, Investors, and Community! Hi Traders, USDCHF on H1 has formed a Bearish Flag which is a sign of Bearish trend. If it gets out of the flag it’s expected to continue the bearish trend to 0.9143 ⬇️Sell now or Sell at 0.9173 ⭕️SL @ 0.9200 ✅TP1 @ 0.9143 ✅TP2 @ 0.9115 ✅TP3 @ 0.9080 We will have more FREE forecasts in TradingView soon ❤️ Your...
Welcome back Traders, Investors, and Community! Hi Traders, USDCHF on H4 has broken below the Support with a large red candle, I think it could potentially go lower to 0.9126 ⬇️Sell now or Sell at 0.922 ⭕️SL @ 0.9281 ✅TP1 @ 0.9126 ✅TP2 @ 0.9030 ✅TP3 @ 0.8940 We will have more FREE forecasts in TradingView soon ❤️ Your Support is really appreciated!❤️ Have...
If it breaks through, you should know what to do! :) Please refer to the chart for more information.
This broke above resistance and is now retracing to test it as support. Looking for a long entry between 0.382 and 0.5 Fibonacci, can use 1HR timeframe with MACD to more accurately pinpoint when this turns higher. Above there is a big resistance level so I am setting the TP at the bottom of this at 0.91833 and SL is just below 0.786 Fib
It is over 200pips in our direction since my last publication on this pair (see link below for reference purposes) as price respects and completes my Descending channel expectations; The USD/CHF is rose sharply on Friday and climbed to Fr0.89000, thereby hitting it's the highest level since Wednesday. The question now is "Are we at a new Demand zone anticipating a...
Hey tradomaniacs, welcome to a new free trading-setup. Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation. USD/CHF: Daytrade-Preparation Market-Buy: 0,90940 Stop-Loss: 0,90680 Target 1: 0,91195 Target 2: 0,91350 Target 3: 0,91550 Stop-Loss: 26 pips Risk: 0,5% -1% Risk-Reward: 2,40 LEAVE A LIKE AND...
Price is expected to move down once it reaches the strong resistant
Last week kick-started on a Bullish note for the Greenback but later surrendered a major part of its early gains to the Swissy as it breaks down my Key level @ 0.93850. Even though it rallied back up from this Breakdown; price appears to be respecting the Bearish Trendline which has been holding since late May 2020. Tendency: Downtrend ( Bearish ) ...
Going to see if price goes up from here for at least 24 pips locked in for the 1st target, 2nd at 40 pips.
Good trade set up position right after the support, which is now set up with new resistance and new support. All three take profits have been set now its just time to sit back and watch.
Nice breakout to the upside, longed the breakout.
USD/CHF is trading below the 50 and 100 SMAs suggesting a correction down in the medium term.USD/CHF is testing the 38.2 Fibonacci retracement from March low-April high. There is scope for further weakness to 1.0060 the 50% Fib retracement. Sellers have been relentless on Friday as the market is trying to break below 1.0100 level. A breach below it, would open...