Usdchfforecast
USDCHF Long SignalsTime Frame: Daily
Symbol: USDCHF
Bias: Long
For USDCHF our bias is to go long. We expect an upward move from the current price pattern. As the price is range bound ,there is equal scope to move in either direction . But considering the short term price actions , our goal is to go long.
USDCHFThe US dollar rallied against the Swiss franc last week but has given up the gains. Quite frankly, this is a market that I think will try to break down below the uptrend line, sending this market down to the 0.88 handle. If we do break this trend line that I have drawn on the chart, look out below. Otherwise, I would anticipate a lot of sideways nonsensical Brownian motion.
USDCHF Long SignalsTime Frame: Daily
Symbol: USDCHF
Bias: Long
USDCHF is in a rangebound situation. The pair is taking strength bit by bit to move up. The upward momentum indicates a strong dollar . As we see the pair is tilting up and gathering some strength to shake up the CHF ,our expectation to long the instrument will hold water. We are therefore projecting a long entry.
USDCHF Long SignalsTime Frame: Daily
Symbol: USDCHF
Bias: Long
It is a well recognized idea that history repeats itself. The idea is truly applicable here now. The current price pattern is suggesting a long trade which derive from a historical bias. If taken with caution, it may turn out to be a profitable high probability trade.
USDCHF | Perspective for the new weekWe scooped a total of 150pips in our direction since my last publication on this pair (see link below for reference purposes) before the rally began and since the beginning of the new month, it has been a choppy session for this pair. Now, the appearance of a Bearish rectangle at this juncture technically insinuates that the USD/CHF might be set to plunge a little lower in the coming week(s).
NFP negative data coupled with deterioration in risk appetite in the last days of last week trading session has seen US equities and commodities come under pressure hereby benefitting pairs such as the Swiss.
Tendency: Downtrend (Bearish)
Structure: Supply & Demand | Trend continuation (Bearish Rectangle)
Observation: i. Since on the 25th of November 2021, the price continued to spiral downward to a bus stop around Fr0.91600 on the 30th of Nov 2021.
ii. And since hitting a bottom, we have witnessed price moving between a horizontal support and resistance levels (supply and demand) in the last 3 days which transposes into a Bearish rectangle set-up.
iii. Technically, the bearish rectangle is a continuation pattern that occurs when a price pauses during a strong downtrend and temporarily bounces between two parallel levels before the trend continues.
iv. In this regard, I shall be looking forward to confirmation in the guise of a breakdown/retest of the rectangle's support level to join the decline train.
NB: Under the Key level @Fr0.91800 should remain as a yardstick for bearish options in the coming week(s)... Trade consciously!😊
Trading plan: SELL confirmation with a minimum potential profit of 120 pips.
Risk/Reward : 1:4
Potential Duration: 1 to 4days
NB: This speculation might be considered to make individual decisions on the lower timeframe.
Watch this space for updates as price action is been monitored.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
USDCHF Long SignalsTime Frame: 4H
Symbol: USDCHF
Bias: Long
The price oscillation and the congestion of intraday price action show a bullish bias. As the price is stuck at a point , there is a possibility of moving in either side. However, considering the accumulation and distributions of price patterns , we are optimistic for a long entry.
USD/CHF 4HR CHART SELL SET UPHi everyone this is my trade set up for the USD/CHF for the new week ahead
USD/CHF has changed to a sell bias for me now, so i am expecting a pullback to the order block zone and will be looking for a sell trade
look for pullback to zone lined off on chart then if it meets your criteria for a trade then execute
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please like and comment both are welcome
USDCHF long SignalTime Frame: 4H
Symbol: USDCHF
Bias: Long
The price pattern of USDCHF is technically up trending . We expect a long position here. It is obvious that there is a rising wedge but we are not yet sure about the proper entry and exit. However, we have plotted a prospective projection on the chart .
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.
USDCHF LongTime Frame: 4H
Symbol: USDCHF
Bias: Long
As USD seems to be strong this week, there is a potential to have an upward move in USDCHF. But the trades should be taken with caution. As there is no strong support or resistance points to refer,we may still take fallacious decisions. It will be wise to check for candlestick patterns before trading the signal.
USDCHF Analysis and Trade Idea... a long-to-short!USDCHF has entered a demand zone, and may potentially reverse here, as it returns to impulse.
USD is weak against CHF, so I do expect further declines in the upcoming week, at least for the short term.
There is a day trade for a long position to the bearish OB above.... then a more significant swing trade to the downside from there.
USDCHF Dear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
As I said in the last week...
USDCHF pulls in a very well defined trend both for 1 week and for 1 month and from careful analysis ... I think that in the next period it will go up and retest the trend line for 1 week around 0.94-0.94400 and after it go down again to reach the trend line ...
THIS WEEK...as I said last weeks, USDCHF has reached the upper trend line and descended again to the lower trend line that I expect to reach as soon as possible ...
anyway, USDCHF is heading to the end of the tunnel from where I expect a 200-250 pips rise in USD in the next period!
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.