USDCHF top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
Usdchfforecast
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 possibility that USDCHF will go UP a little more and move to the 0.9462 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.
USDCHF-SECOND BUY ENTRYDear Traders, Expecting a strong DXY bullish momentum as we will be having NFP next week, market will be really volatile and that is why USDCHF has huge potential that it continue the bullish trend and fills the liquidity voided area.
-Secondly, CHF as a currency in a matter of its strength is hammered due to recent DATA on CHF, loosing its grip against USD.
Good Luck Everyone! Show us support as always.
Always use proper risk management and under no circumstance, use bigger lot to get money quick, this is an business and not gabling.
usdchf-h1-sellIn a complete and newer view of the 1-hour timeframe, we see that we have two common ABCD patterns inside, whose completion in the ranges of 0.93779 and 0.94174 up to the resistance range forms a cumulative ceiling of resistance ranges and causes involvement The trend has become fluctuating and finally we see the creation of negative divergence in macd, with the break of the 0.93495 range, we can expect the next trend line with a gentler slope.
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 possibility that USDCHF will go UP a little more and move to the 0.9462 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.
USDCHFUSDCHF
USDCHF Within channel - We are currently mid range
Highs: 0.93050 Break / close above expect 200 EMA to be target areas
Lows: 0.91460 Break below expect it to retest the lows .90800-500 areas
We do have important data next week US CPI and for today unemployment claims.
Trade your own plan!
Trade Journal
#USDCHF-Is it the Beginning Of the Big Move??Happy Weekend Everyone, USDCHF everyone have been expecting a strong bullish momentum to continue and fills the LQ VOIDED area. However, USDCHF has not been easy to trade with specially in last four weeks, we have to take this into consideration, and enter with correct risk management!
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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.
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.
#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.
USDCHF-LONGDear Traders, USDCHF price have not shown a reversal side since a month now, however, as we have FED news on 'interest rate' tomorrow it will decision making news. Taking that into consideration, we think price will touch the 'discounted area' before it flies off.
Wait for price to come to our area, once it is in the area then you can consider entering!!
GOOOD LUCK AND TRADE SAFE!!
USDCHF Trading on Bullish Trendline USDCHF Trading on Bullish Trendline
We can see very beautiful bullish move on USDCHF with Trendline support. Trend line support is very strong support on H1 for USDCHF. You can buy USDCHF from this level with risk management.
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USDCHF-LONGHey Everyone, Hope you all having a profitable week, this is a little contribution; so USDCHF have consolidated for long period now and we have been expecting price to create a bullish impulse. However, price have failed to breakthrough, if DXY reverse we may see at least 500 pips setup if not more. Let's not miss the big move.
What you all think?
USDCHF top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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 16 JanPair : USDCHF ( U.S Dollar / Swiss Franc )
Description :
Following Consolidation Process in Long Time Frame and Making the Corrections in Symmetrical , Bearish Channel , Consolidation
Following Bearish Channel in Short Time Frame and Rejecting from the Upper Trend Line
Completed " 1234 " Wave and it will make " 5th " at the Support Level
Divergence