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.
Usdchflong
USDCHF, Interesting bullish structure. USDCHF / 1D
Hello traders, welcome back to another market breakdown.
USDCHF has been trading in a down trend. However, the price has rejected a good support level signaling a shift of structure from bearish to bullish. I'll be watching over this pair in case it comes back to my buy zone for a swing trade higher.
Trade safely,
trader Leo.
USDCHF - Long active ✅Hello traders!
‼️ This is my perspective of USDCHF .
Here we are bullish from H4 timeframe perspective, so I am looking for longs. I expect bullish price action from here as price filled the imbalance and rejected from bullish order block + institutional big figure 0.93000.
‼️Attention!!! Due to the fact that we have news events on USD on Tuesday, Wednesday and Friday, the analysis can be invalidated.
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USDCHF Daily: 05/03/2023: 🟢Buy opportunity
You can see all the details on the chart.
If we have a low time frame confirmation it can be a good opportunity.
Targets:
0.9392
0.9461
0.9530
💥Important note: It's not investment advice, so do your own research.💥
💡Wait for the update!
🗓️05/03/2023
🔎 DYOR
💌It is my honor to share your comments with me💌
USDCHFUSDCHF Long-Term Perspective macro chart on the left side
USDCHF can continue its current rejection on 0.94200 all the way down to 0.92000 psychological level which can create a long opportunity around the area on the lower time frame for another Bullrun to the main target which is around 0.95500
USDCHF lower time frame (minor chart on the right side)
For now, looking for short opportunities for the bearish continuation till the highlighted key area which overlaps with the area on the left-hand side chart and my Long-Term Perspective
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 intraday dips attract buyers.USDCHF - Intraday - We look to Buy at 0.9371 (stop at 0.9347)
Our short term bias remains positive.
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
Preferred trade is to buy on dips.
There is no clear indication that the upward move is coming to an end.
Daily signals for sentiment are at oversold extremes.
Our profit targets will be 0.9431 and 0.9441
Resistance: 0.9430 / 0.9450 / 0.9470
Support: 0.9420 / 0.9400 / 0.9380
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
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 - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on USDCHF .
Here we are in a bearish market structure from daily perspective, so I am looking for shorts. I see price to continue the retracement and then to reject from bearish order block + institutional big figure 0.95000.
Like, comment and subscribe to be in touch with my content!
USDCHFUSDCHF is Creating a long opportunity by developing the 5-0 harmonic pattern which is a continuation of shark harmonic pattern
Therefore, entering a long position on 0.922000 with take profit levels at 0.93230 & 0.93800 could be a high potential long setup to consider
Enter: 0.92200
TP1: 0.93230
TP2: 0.93800
SL: With your own risk management
FX:USDCHF
USDCHFUSDCHF is Creating a long opportunity by developing the 5-0 harmonic pattern which is a continuation of shark harmonic pattern
Therefore, entering a long position on 0.922000 with take profit levels at 0.93230 & 0.93800 could be a high potential long setup to consider
Enter: 0.92200
TP1: 0.93230
TP2: 0.93800
SL: With your own risk management
USDCHF has turned positive.USDCHF - Intraday - We look to Buy at 0.9275 (stop at 0.9249)
Short term bias has turned positive.
The bullish engulfing candle on the daily chart is positive for sentiment.
Prices dipped lower and stalled at support in early trade.
Further buying pressure led to a reversal in price action.
We look for gains to be extended today.
Our outlook is bullish.
Preferred trade is to buy on dips.
20 4hour EMA is at 0.9274.
Our profit targets will be 0.9340 and 0.9350
Resistance: 0.9319 / 0.9332 / 0.9350
Support: 0.9290 / 0.9275 / 0.9260
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.