USDCHF - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on USDCHF.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective with clear lower lows and lower highs. Now I expect price to make a retracement after taking buy stop liquidity to fill the imbalance higher and then to reject from bearish order block for a short position.
Fundamental analysis: We have news events on USD on Wednesday 12th of April, will be released monthly and yearly CPI followed by a FOMC Meeting the same day. As well, on Thursday will be released monthly PPI in USA.
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Usdchfidea
USDCHF - Buying opportunity ahead 12:1 RRRHello everyone! Hope you all had a great weekend and Ramadan Kareem all.
Starting of this week, I see some potential buy movement for FX:USDCHF from the SMC area. Our RRR is quite good, so be patient and risk 1%. As always, when risked amount is made book profits and let the trade run for a possibility great growth.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. Together we win!
Regards,
Enzo
20 Reasons For Sell USDCHF 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1:✨Eagle eye: After examining all available data, it is clear that the US dollar has consistently weakened against the CHF over the past 50 years. This trend is expected to continue, with the CHF remaining strong against the dollar.
2:📆Monthly: A bearish trend has been established since 2017, with a confirmed market structure exhibiting a higher low in 2019 and another high low in 2022. This provides a clear indication of the market's bearish stance.
3:📅Weekly: Current analysis shows a discernable shift in market behavior, with pricing fluctuating within a specific range over the past 10 to 12 weeks. This trend is indicative of broader market pressures, warranting a thorough assessment of our position in light of market activities.
4:🕛Daily: The market structure appears to be sideways, requiring confirmation through breakout.
😇7 Dimension analysis
🟢 analysis time frame: Daily
5: 1 Price Structure: The market is currently exhibiting a sideways pattern, which will confirm upon breakout.
6: 2 Pattern Candle Chart: A double bottom pattern may indicate weak support at this level.
7: 3 Volume: Current volume levels do not support the bearish trend. However, the anomaly warrants caution and a significant increase in volume during a breakout, as low volume breakouts may be avoided
8: 4 Momentum UNCONVENTIONAL Rsi: The RSI is currently sideways. between 60 to 40 area
9: 5 Volatility measure Bollinger bands: NO Activity
10: 6 Strength ADX: ADX indicates a bearish market trend.
11: 7 Sentiment ROC: ROC reveals that the USD is weaker than the CHF
✔️ Entry Time Frame: H4
12: Entry TF Structure: The market structure is bearish.
13: entry move: An impulsive move is expected upon entry.
14: Support resistance base:Mid-of the move is expected to provide resistance.
15: FIB: Fibonacci retracement analysis may provide additional insight. trigger event awaited
☑️ final comments: It is advisable to wait for a further market confirmation before making a decision. support breakout
16: 💡decision: wait and sell
17: 🚀Entry: 0.9117
18: ✋Stop losel: 0.9179
19: 🎯Take profit: 0.8904
20: 😊Risk to reward Ratio: 1:4
🕛 Excepted Duration: 5 day
USDCHF - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on USDCHF.
Technical analysis: Here we can see that price makes lower lows and lower highs, so we are in a bearish market structure and looking for shorts. I expect price to make a retracement to fulfill the imbalance higher and then to reject from bearish order block.
Fundamental analysis: On Monday 3rd of April we have news events on CHF, will be released monthly CPI. The forecast for CPI is to decrease from previous month. As well, we have news events on USD on Friday 7th of April, one of the most important news related to USD, which are NFP and Unemployment rate. Pay attention to the results of these news as they will indicate the direction for this month.
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USDCHF: Potential risk!The USD/CHF has dropped to a fresh low for the week, falling below the 0.9126 level. This decline is attributed to recent economic data from the US that indicates a decrease in inflation, leading to speculation that the Fed may halt its tightening cycle. This has resulted in increased pressure on the US dollar. As of now, the USD/CHF is trading at 0.9127, which is lower than its initial value.
USDCHF Technical analysis: Despite the USD/CHF's attempt to reach 0.9100, sellers were unable to break it decisively. The flat readings of technical indicators, such as the Relative Strength Index (RSI) and the Rate of Change (RoC), suggest that sellers are leaving the market. However, if the USD/CHF falls below 0.9100, it could challenge the year-to-date low of 0.9059. Conversely, if buyers regain 0.9150, it could lead to a rebound towards 0.9200 and higher.
It is probable that the decline will persist!
USDCHF - Bearish to sell stop liquidity ✅Hello traders!
‼️ This is my perspective on USDCHF.
Technical analysis: As we can see here we are in a bearish market structure, so I am looking for shorts. Price filled perfectly the imbalance and mitigated bearish order block which means I will open a short position. My target is sell stop liquidity for a new lower low.
Fundamental analysis: On Thursday 30th of March we have news events on USD, will be released final GDP for first quarter of 2023. The forecast for GDP is to remain the same as per last quarter, which means we would not have such big moves in market, however we should look for the results in order to validate our analysis.
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USDCHF SellThe USDCHF pair managed to break 0.9235 level and hold below it, to complete forming the descending triangle pattern that appears on the chart, getting negative motive that we are waiting to push the price to continue the decline towards our negative targets that start at 0.9150 and extend to 0.9060. Therefore, our bearish overview still valid and active, supported by moving below the EMA50, reminding you that the continuation of the bearish wave depends on the price stability below 0.9316.
USDCHF h1 main trend is still down. In the short term, it is possible that the pair will accumulate sideways in the 0.9150-0.9190 zone and then break down. Recommend waiting to sell to 0.9190, SL: 0.9240, TP: 0.9120
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 SELLwe are Currently looking at USDCHF Massive Sell for about 160 pips plus, breaking it down for understanding Educationally so basically we are Currently on a Massive Resistance zone on the HTF and which we go rejected so on the LTF we got a rejection on on the Resistance zone, we are expecting price to melt down to the Support Level, so let’s patiently wait on a retracement to our sell zone before taking our sells thank you. Drop a Comment on what you think
USDCHF - Bearish price action ✅Hello traders!
‼️ This is my perspective on USDCHF.
Technical analysis: As we can see price changed into bearish market structure from 4H timeframe perspective and started to form new lower lows and lower highs. Price rejected from OTE 0.705 level of FIBONACCI and filled partially the imbalance. I expect bearish price action upcoming week as we have a huge imbalance lower that has to be filled.
Fundamental analysis: On Wednesday 22nd of March we have news events on USD. Federal Reserve of USA planned to raise interest rate by 0.25%, also we have FOMC Press Conference the same day. On Thursday 23rd of March we have news events on CHF. As well SNB planned to raise interest rate by 0,5% supported by a Press Conference after the display of the results. The raise of interest rate means strength of currency, but due to the fact that SNB could raise by a bigger % this could support our bearish price action.
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#USDCHF- We have STRONG reason to BUY!!!!Dear Traders, following yesterday data on NFP we have now identified that USD pairs will be bullish for longer time as fear of recession has risen again, from negative NFP to increasing tax on Capital gains, everything indicating towards a negative DXY ; we also have CPI next week which will be interesting and important for the investors and traders. It will be better to leave USD pairs alone on Monday where we will have a better understanding of the price action.
Good LUCK happy trading!!
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 - Risky long ✅Hello traders!
‼️ This is my perspective of USDCHF .
Here I opened a risky long position as I saw price to reject from bullish order block and my target are imbalances higher that have to be filled.
‼️Attention!!! Due to the fact that we have news events on USD on Tuesday and Wednesday, the analysis can be invalidated.
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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.