Usdchfelliottwave
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.
- Definitely, there is a very high possibility that USDCHF will go UP a little more and move to the 0.9400 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.
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
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