Usdchfforecast
USDCHF | Good Buy Opportunity.If you find this technical analysis useful, please like & share our ideas with the community.
What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis.
Good Luck!
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
USDCHF ShortTime Frame: 4H
Symbol: USDCHF
Entry : 0.92266
T.P : 0.91096
S.L : 0.93533
Bias: Short
The current price pattern of this pair shows a good sell position. If we look at the long and short time support and resistances of this pair it becomes evident that the pair will give a good short entry .
USD/CHF DAILY BUY SET UPHi TRADERS this is my trade set up for the USD/CHF for the new week ahead
USD/CHF pair is coming up to area of resistance again and has touched 2 times since it last broke through, if it breaks through this time I can see a strong move higher, so we are buying only
This is my analysis only please trade with caution and risk management in place
clean crisp charts I hope it helps if you have any questions please private message me
good luck for this weeks trading
please follow like and comment thanks
CHF - Longer term: Where to next? And why does it matter?$CHF Longer Term Time Frame
Where to next? And why does it matter?
As we head into month end, it's when I am looking at the monthly time frames to indicate to me the key important areas we are in and how will the candle close.
CHF and many of the other G10 spot currencies are at very interesting areas longer term, if these key areas were to end further in the momentum it's going we will be have further clear clarification of price action.
Technical View: Pattern - Within a wedge formation a break to either direction confirmation is needed. However, if we was to go above 50EMA and a close above 0.94800 areas then bulls will gain further control towards upside towards 0.99850 -1.10000 areas. If we don't and we always have the beautiful support of 21EMA anywhere below that we go towards support range of 0.91550 areas.
Fundamentals:
CHF known as safe havens... As precious metals decline further ( A chart was shared on the private groups I am part of) and with Feds Hawkish we've had a lot of bids coming in for DXY, it's part of the market rotation and this may accelerated further. March meeting FOMC is expected to do it's first rate hike. However, don't forget we want get at a great bargain and stick to your trade plan.
(Do you realise the pattern yet?)
Key Tip: Longer TF = Shorter TF movement!
Trade Safe
TJ
Disclaimer: Not Financial Advice
USDCHF LongTime frame: 4H
Symbol: USDCHF
Bias: Long
We are looking for a long opportunity in this pair. The pair is ranging for a long time. The hope of strong price oscillations or directional movement got diminished last few weeks. But still we are hopeful for a better time and we are looking for a long opportunity that may be a result of crossing the current short term resistance.
USDCHF LongTime Frame: 4H
Symbol: USDCHF
Bias: Long
Currently the instrument is in a bullish trend. The price pattern does not obviously have a great hope . As we know a crisis period is going on due to lack of volatility in some major pairs. However, we are optimistic and want to hold long position .
USDCHF top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.