uchf broke the waves patterntwo days ago, i posted this wave pattern which showed signs of exhaustion. today the market structure broke and the chf made a good fall.
Usdchfprediction
update usdchf 5 waves and ABC pattern. this is an update from the last USDCHF analysis. we have reached a zone with resistance (0.9850 - 0.9830) where the price is a bit choppy.
with the worse than expected numbers, we could see some downside movement from tonight.
a closeup in the 30 min TF of the usdchfwe see a perfect 5 wave pattern that is completed. it started at the wave 2 rejection on the .50 level of the fib.
level for has the support of the -0.27 extension level of the Fibonacci. we are at a zone where we can develop an ABC pattern to
make a natural correction. with the FOMC on the mind, we are open for some wicks and more downside movement.
completed wave pattern and a multiple ressistancewe see a perfect 5 wave pattern that is completed. it started at the wave 2 rejection on the .50 level of the fib.
level for has the support of the -0.27 extension level of the Fibonacci. we are at a zone where we can develop an ABC pattern to
make a natural correction. with the FOMC on the mind, we are open for some wicks and more downside movement.
USDCHF potential reversal!
USDCHF expected to rise up to 1st resistance at 0.97714 where it could potentially react off and drop down to 1st support at 0.97063.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCHF: Decline likely to continueThe US Dollar will likely continue to edge lower against the Swiss Franc within this week's trading session.
The USD/CHF currency exchange rate could aim for the lower boundary of a descending channel pattern this week.
USDCHF bounced from support, potential for a further rise!
USDCHF bounced off 0.96790 where it could potentially rise further to 0.97693.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCHF approaching support, potential for a further rise!
USDCHF approaching support at 0.97128 where it could potentially rise further to 0.97693.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCHF reversed from resistance, potential drop!
USDCHF reversed off its resistance at 0.97399 where it could potentially drop further to 0.96843.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCHFThis pair is in the state of insecurity because he overall trend is bearish and bulls are very latent. But I tend to the bullish scenario so we'll see.
USDCHF potential reversal!
USDCHF expected to rise up to 1st resistance at 0.97282 where it could potentially react off and drop down to 1st support at 0.96640.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCHF potential reversal!
USDCHF expected to rise up to 1st resistance at 0.97282 where it could potentially react off and drop down to 1st support at 0.96640.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCHF approaching support, potential for a further rise!
USDCHF approaching support at 0.96640 where it could potentially rise further to 0.97282.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCHF reversed from resistance, potential drop!
USDCHF reversed off its resistance at 0.97015 where it could potentially drop further to 0.96139.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCHF reversed from resistance, potential drop!
USDCHF reversed off its resistance at 0.97015 where it could potentially drop further to 0.96139.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCHF potential reversal!
USDCHF expected to rise up to 1st resistance at 0.97483 where it could potentially react off and drop down to 1st support at 0.95811.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
#USDCHF, We are before a serious declineThe candles are located under the Ichimoku cloud.
The candles are placed below the average moving lines 100, 200.
The USDCHF broke the support line by $ 0.9656
All signs show a continuing weakening of the USDCHF so our recommendation will be Sell.
Target: 0.9340
USDCHF Market Outlook | Daily Forex Market BreakdownUSDCHF
The Swissie is Looking amazing. As previously anticipated we have pushed to the downside nicely but now support seems to be holding very well. I like how this looks a lot. Possible trades soon but I believe we shouldn’t get in yet we need to remain patient and wait for a clean entry.
