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Usdchfforecast

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.
Short
by darcsherry
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
Short
by Costy13
2
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.
by BloomFX_SIGNALS
USDCHF , Are you ready for sell ????Hello everyone According to the chart , we are in downward trend and we need pullback and rest the price the come to our sell zone then we can take short position , we have 2 zone for selling and if you take any position in any zone you can put your stop loss like our shown on chart Dont forget use stop loss and attention to money management Please at first check the chart in multi time frame and take signal then take position and sell ( Signal : hammer , ascending cover , descending cover , pattern price or ... ) Good Luck Abtin
Short
by Abtin00
USDCHF | Perspective for the new weekThe probability of the Greenback to do a substantial drop in the coming week(s) seems to be high following the appearance of a reversal pattern in the structure of a Head and Shoulder on the Daily chart. Tendency: Downtrend (Bearish) Structure: Supply & Demand | Reversal pattern (Head & Shoulder) Observation: i. As far back as 2010, It is interesting to observe how the Fr0.92400 zone has been a major determinant of the direction of price action as soon as it is broken or tested (See your weekly chart for reference purposes). ii. Since the price broke above the Key level @ Fr0.92400, it has been difficult for buyers to continue with the same momentum as the Fr0.93700 level was met with sharp rejections that led to lower highs. iii. Head & Shoulder: a baseline with three peaks, where the outside two are close in height and the middle is highest. iv. The appearance of a Head & Shoulder at this juncture in the market describes a specific chart formation that predicts that a bullish-to-bearish trend reversal is imminent. v. In this regard, I shall be looking forward to a Breakdown/Retest of Neckline which is also a significant Key level in the coming week for confirmations. vi. This being said, the early hours/days of the new week might see a rise into the New Supply level indicated on the chart before the decline begins. However, it is most comfortable to have a position below the Neckline to join the potential decline... Trade consciously!😊 Trading plan: SELL confirmation with a minimum potential profit of 150 pips. Risk/Reward : 1:3 Potential Duration: 4 to 10days 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.
Short
by darcsherry
1
USDCHF , We predicted two possible market movementsHello everybody We hope everyone had nice week with profit According to these analysis of USDCHF , in daily time frame we analysed that the trend is downward and we need that the price come to resistance and sell zone then we can take short position , in here we shown that we have a breakwave and we need pullback of the price then we can take short position , but in this chart we predicted two movement of market can do , in here the price is upper of the support zone area and in here we price is supported and can rise until the resistance area ( The market in this time frame is downward and only we sell but we can take some tolerance from the market in pullback movement ) After pullback done in next week or later we are updating the chart for sell ( short ) position untl the target But in here we shown 2 position and where we should buy and sell the position and Tp and SL Please check the chart in multi-time frame and at first take signal then take position ( Signal : hammer , ascending cover , descending cover , ... ) Daily time frame chart : The point is the analysis is valid Be with us and sleep comfortably Good Luck Abtin
Long
by Abtin00