Usdchflong
USDCHF Buy the dip.USDCHF - Intraday - We look to Buy at 0.9474 (stop at 0.9451)
Daily signals are bullish.
20 4hour EMA is at 0.9473.
We look to buy dips.
There is no clear indication that the upward move is coming to an end.
Our profit targets will be 0.9532 and 0.9542
Resistance: 0.9536 / 0.9550 / 0.9570
Support: 0.9500 / 0.9460 / 0.9440
USDCHF Breaking ResistanceUSDCHF Breaking Resistance
USDCHF recently broke its resistance at 0.9465
The next psychological resistance is at 0.9500, a break in this level will take tha pair to 0.9532 (Channel Resistance)
If 0.9500 will not break, a short term pullback at 0.9460 will be a key price at the 4H timeframe.(Trendline Retest)
If 0.9460 will not hold price may go down and consolidate near the 0.9400 level. (Trendline Structure Break)
For this week, I expect USDCHF price will consolidate between 0.9500 - 0.9400 level.
USDCHF LongTime Frame: 4H
Symbol: USDCHF
Entry: 0.94379
TP: 0.96097
SL: 0.92802
Bias: Long
There is a possibility that the pair will move further up considering the current context. However, any trade should be taken carefully. It is comparatively difficult to manage trades in a low volatile market conditions.
USDCHF LongTime Frame: 4H
Symbol: USDCHF
Entry: 0.94255
TP: 0.96151
SL: 0.92977
Bias: Long
We are still bullish for USDCHF. Our bias grounds in concurrent fundamental factors which are upholding the strength of dollar to a higher scale. If the current situation persists ,we will stay bullish until we notice any major divergence signals.
USD/CHF Full Analysis And 2 Scenarios Available To Get 200 PipsThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions