USD/CHF ... Same view as Morgan StanleyUSDCHF has under-performed in the broad USD rally. Interest rate differentials for both 10 and 2y maturities imply USDJPY should trade above parity.
CHF remains a risk sensitive currency but the magnitude of the moves are smaller than for the JPY. Expectations for fiscal easing in the US are helping the USD and risk appetite, which is good for this currency pair.
While EURCHF has fallen through the beloved 1.08 level and looks for lower I suspect the downside for EURCHF is likely to be limited with the SNB standing ready to intervene to support the lower boundary.
In any event focusing on USDCHF as it has diverged from where relative yield differentials suggest it should be trading.
The risk to this trade is an equity market sell off or turnaround in US yields.
Usdchfforecast
USDCHF - 3 Trades on the horizonUSDCHF, like many of the USD pairs has exploded up to 1.382 extensions and so I am looking ahead to my final target of longing the USDCHF up to 0.98600.
Trade #1: I will wait for price to retrace back down to 0.97125 before looking to go long for 50 pips.
Trade #2: Once price hits 0.97650 I will be looking for reasons to short back down to 0.96860 for 80 pips.
Trade #3: If the signs for a decent long position present themselves then I will look to take profit around 0.98600 for +175 pips.
The risk to this longer term outlook is a quick resumption of the recent bullish trend at the 382 fib level located at the 0.97300, with that target then being 0.98900.
What are your thoughts on USDCHF?
USDCHF Market Analysis and Trading Tips 11th August 2016 SUMMARY:
The USDCHF pair bounced slightly during the course of the day Wednesday, using the 0.9733 level as support. At this point in time, the market is looking bearish. The primary trend of USDCHF is bearish on charts and price is trading below its support trend line in its hourly chart. In its daily chart the price is sustaining below 100 day SMA that are appears on the above image indicating downtrend of the pair. It is having an important resistance at the level of 0.9775 Support at the level of 0.9733. If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.
INDICATORS:-
MACD is sustaining in its negative territory indicating the bearish trend in the pair.
RSI is sustaining in its selling zone indicating the upcoming negative trend in the pair.
STRATEGY:
USDCHF is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.
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USDCHF on sale 75% off on selected items- Broken trend line on 4hr time frame and daily
- In daily we just crossed over the overbought area in RSI
- MACD about to cross in daily and it already crossed in 4hrs
- Ratio so good I don't know what to do with myself.
- DXY also broke a trend line to the downside, so am expecting dollar to weaken
USDCHF SHORT WEEKLYWe expect USDCHF to sink on weekly basis.
*CCI is sinking
*RSI is sinking
*STOCHASTICS RSI is sinking
We would like to short USDCHF bellow: 0.9906 SL: 0.9921 TGT 01: 0.9870 TGT 02: 0.9854 TGT 03:0.9803. [b ]Caution: The above is our personal view. Neither a recommendation nor a tip nor an advice for trade. Please consult your personal financial advisor before investing .
Forex Analysis and Trading Tips - 22nd Feb 2016USD/CHF ( DAILY )
RECOMMENDATION: SELL
SUMMARY:
The secondary trend of USD/CHF is bearish on charts and price is trading below the trend line in its daily chart. In daily chart the price is sustaining above 200 day SMA and taking resistance of 50 day SMA indicating downtrend of the pair. It is having an important resistance at the level of 1.0005 and support at the level of 0.9660. If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.
INDICATORS:-
MACD is sustaining in its negative territory indicating the bearish trend in the pair.
RSI is sustaining in its selling zone indicating the upcoming bearish trend in the pair.
STRATEGY:
USD/CHF is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.
USDCHF LONGUSDCHF Poised to go up.
There are many reason why we feel USDCHF may rise.
01. It could not touch quarterly sell level.
02. Hammer & Bullish Engulfing pattern in daily Chart.
03. To rise and clear quarterly targets it has to come down to gain momentum for up move.
04. Stoch RSI (3,3,14,Close) clearly states the USDCHF may rise.
05. RSI(14,CLOSE) Is also of the same view.
06. CCI(20,CLOSE) Is also rising.
Keeping all the above indicators in view along with the chart pattern we expect USDchf to rise. Our Buy call shall be from Buy above:.9919 with a SL @: .9889 Tgt01: .9992 Tgt02: 1.0025 Tgt03: 1.0127. We are expecting this to happen shortly. Caution: The above is our personal view. Neither a recommendation nor a tip nor an advice for trade. Please consult your personal financial advisor before investing.