#USDCHF, Short signalWe have a double bottom template in the daily graph.
Low-level stochastic with crossed lines.
Signal against the trend.
Target: 0.9850
Usdchfforecast
Possible short for USDCHF by broken down the major trendFollow ArrowPips :)
USDCHF re-enter to the downtrend by breaking down the major trend line. Keep watching for other sell confirmation.
Major Trend Line Breakout, Long for USDCHFFollow ArrowPips :)
H&S pattern and major trend line breakout. Potential long set up for USDCHF.
USDCHF moving towards targets at 1.0050The US Dollar has been trading in a one-month ascending trendline against the Swiss Franc. The currency pair reversed from the lower border of the trendline at 0.9698 on June 25.
Most likely, the exchange rate will continue its upward swing within this week's trading sessions. The potential target for bullish traders would be near the upper border of the channel pattern at 1.0038.
Moreover, technical indicators flash buy signals on both the smaller and the larger time-frame charts.
USDCHF ready to resume downtrendThe pair seems ready to continue it downtrend. After a couple of days of recovery yesterday it printed an inverted hammer closing right at support that has been broken already today.
A fall to the 0.975 area is very plausible and probably it will keep falling until encountering the historical trendline ( purple line). We will monitor how the price reacts once there.
We can see in the 4H chart that the price retraced from the 61.8 fibonacci. The way Im looking to trade is wait for a small retracement to the resistance area and then look for signals to short.
Do you have different views? Let me know in the comments!
USDCHF DThe pair has finally broken the corrective channel. I expect it to go as low as the long term trendline where we might see a double bottom or break through it and keep going lower.
The price action Im expecting is something like on the below 4H chart. We are also seeing a H&S formation on 4H so the price might just continue lower for a bit before it makes a small correction.
Signal+Analysis #USDCHFThe rise comes after a candle with a Doji pattern that warns of a change in trend.
We are still on the rise according to Ichimoku indicator
The Stochastic comes in the correct range to enter the Buy position
Target: 0.9960
A very short term signal #USDCHFAccording to the Stochastic, we are currently in Oversold with the possibility of changing the trend.
After the recent gains, the trend changed to a short-term uptrend.
We are in a rising channel.
Target -0.9845
USD CHF BuyI think this is a good one coming up.
See your own chart and make your call.
This is just my idea.
Possible Pullback then Down Trend for USDCHFPossible move for USDCHF. Price has recently made a big move to a local support line which usually results in a strong pullback for the immediate next bar. I believe this will be the pullback move to the trend line and then the price will continue to head downwards as you can see from my arrows. I will wait for conformation from the next candlestick and then enter the trade in 2 days when/if the 2nd candlestick comes out in my favour. Price has also moved below the 200 and 50 EMA indicating a long term short bias. Keep an eye out for updates. FX:USDCHF
USDCHF ForecastWaiting for direction. potential buy trade setup if price go lower and test all the support below and close above 1.00412.
Happy Trading ! Good Luck !
USDCHF, WILL THE BEARS RUN?Hello traders, today we bring you an analysis of the USDCHF, we are expecting a drop, however we do not have the needed requirements to open a position yet.
We recommend you to wait for a break of the trendline or a touch in our resistance level followed by a reversal candle (closure), you can also look for entrys at the 15MIN and 1H timeframe!
Best of lucks,
GlobalYouthTrading
USDCHF Long term sellThe downside has started. I've waiting for this one a while, as the where it stands right now the pattern could be complete and the fall will be HUGE. However, there is still a possibility for one more up. Nonetheless, I will ignore ALL buys, and focus only in sells until structure changes. So far, only sells.
Pay off the mortgage ;p This pairing is in an interesting place at the moment because it is reaching weekly highs it hasn't seen since August 2010... 9 years, price is currently 100 pips away from this level so we could see a bullish run up to it.
Another possible outcome is the 1 we have drawn on the chart, price could come back down to retest this trend line that has formed and make a new HL ( higher low ) before going up hitting this massively strong resistance before coming down and breaking through our TL, if this is the case and our TL is broken this pair could sink quicker than the Titanic.
We can only see bearish movement once price does hit this level as we can see USD weakness coming very soon and a possible recession.
This is a swing trade so expect this to develop over a few weeks or months so if this is not your style then don't enter, this trade works well for us as we don't have to keep checking the charts so we can just sail off into the sunset on our Yacht and not worry about a thing ( I'm joking about the yacht ;p but I do have a dinghy if that counts )
If this trade plays out by the rules you will be able to pay your mortgage off ;p
USDCHF SellAs market fast approaches this resistance level,if market decides to take a tumble down again, then we will find support at the 2 TP levels identified on the chart, which isn't necessary where the market will end but where i will TP for now.
DISCLAIMER
Please note that this chart is an opinion based chart only. Please trade at your own risk
USDCHF - SELL BREAK DOWNnice time to capture some pips on this pair
PLEASE SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
