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Usdchfforecast

usdchfIn the previous analysis, the expectation of the pattern in the range of 0.92521 was completed and the expectation of a decrease to the range of 0.92075, and in case of breaking the next range of 0.91607, we had the support pattern before the static of the B range, which was easily touched and gave an excellent support reaction. created We are witnessing the completion of an N pattern. We currently have the best conditions in the range between 0.92521 and 0.91607. Two scenarios can be expected: 1. Maintaining the support in the range of 0.92230, which can make an increase up to the range of 0.92521, the static resistance range D of the previous pattern. which is now in the role of a resistance, it will continue and in case of failure, it will grow up to 0.92953. 2. It cannot break the resistance of 0.92521 to 0.92709 and activate the reduction and ranges of 0.92075 and then 0.91607.
Short
by maryammh
USDCHF - CURRENT SITUATION#USDCHF - At this point, USDCHF is going down a bit. But with US PMI DATA and LABOR DATA being POSITIVE, USDCHF was BUY until last Friday. And FED UPDATES were very NEGATIVE. Hence, the CHF automatically rose against the USD in the previous days. Anyway, SWISS NATIONAL BANK has come out of NEGATIVE RATES. Anyway, RETAIL SALES POSITIVE came in US. - Currently, the MARKET is becoming RISK ON and USD is a bit WEAK because of that. Anyway, the FED MEETING is scheduled to be held today. Yesterday US CPI data was NEGATIVE. That's why USD was WEAK yesterday. - Definitely, there is a very high possibility that USDCHF will go UP a little more and move to the 0.9400 LEVEL. US CPI DATA is scheduled to be released today. It will definitely make USD PAIRS VOLATILE. Anyway, USDCHF price can go down to 0.8899 level after FED EVENT. We focus on MARKET UPDATES and MARKET SENTIMENT. Follow the given MARKET STRUCTURE.
by benny_marshall
#USDCHFCurrently, the best strategy is in the above wide range. In dealing with the resistance zone in the ceiling and creating a negative divergence of the two-peak bit, it is expected that by maintaining the support ranges of 0.92856 and 0.92709, it will decrease to the ranges of 0.92374 and 0.92245, which is based on the Fibo projection of 100 and 127, and in If they fail, we have an important pivot point area in the range of 0.92142 and the last stage can be expected in the range of 0.92075. The last 3 targets are inside the red box and there is already a fluctuating area where there is a possibility of conflict in this range. It is not necessary to touch all the targets.
Short
by maryammh
1
USDCHF - CURRENT SITUATION#USDCHF - At this point, USDCHF is going down a bit. But with US PMI DATA and LABOR DATA being POSITIVE, USDCHF was BUY until last Friday. And FED UPDATES were very NEGATIVE. Hence, the CHF automatically rose against the USD in the previous days. Anyway, SWISS NATIONAL BANK has come out of NEGATIVE RATES. Anyway, RETAIL SALES POSITIVE came in US. - Currently, the MARKET is becoming RISK ON and USD is a bit WEAK because of that. Anyway, the FED MEETING is scheduled to be held today. Yesterday US CPI data was NEGATIVE. That's why USD was WEAK yesterday. - There is definitely a high chance that USDCHF will go UP a little more and move to the 0.9343 LEVEL. US CPI DATA is scheduled to be released today. It will definitely make USD PAIRS VOLATILE. Anyway, USDCHF price can go down to 0.8899 level after FED EVENT. We focus on MARKET UPDATES and MARKET SENTIMENT. Follow the given MARKET STRUCTURE.
by benny_marshall