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Usdchfprediction

USDCHF: View on daily timeframe, we are neutral. FX:USDCHF last few month price has been bearish all along as CHF remain strongest in the situations where war and other economical conflicts affects in global financial market. We are still not sure about future trend of this pair, as strong bullish price action yet to be seen. However, the big amount of volume was accumulated at lower low of thursday which suggest a possible correction can occur. We would advice you to use smaller timeframe to have a better and safer bias. Good Luck and Trade Safe
by Setupsfx_
15
usdchf daily outlookit is going to complete a flag pattern after a clear upside move. so as the previous upside move, we can think that the next move could be upside after the valid breakout of this flag. I am not telling you guys to execute the market right now....wait for a valid breakout wait for better confirmation...then define your risk and then take the position. note:- let's talk about the validity of a flag pattern. when you see the 4 touches on a flag pattern then it's going to be a valid pattern. another validity is a breakout. thank you
by THE-10
USDCHF In the USD/CHF pair, a bearish trend seems to be emerging on the 4-hour timeframe, supported by the breakout below the double top neckline. Additionally, the correction of around 50% in the previous wave and the completion of the 4th Elliott wave further suggest downward pressure, potentially indicating a continuation towards the completion of the 5th Elliott wave. Traders might consider monitoring for further confirmation of this bearish sentiment through price action and key support/resistance levels.
Short
by forex_info
1
USDCHF AnalysisHello traders I have conducted an analysis on USDCHF, as you can see the market has been on a down trend for the past few months and I think it will continue doing so as it showed huge rejection candle on the current zone so now this current zone will act as resistance as price showed before that this zone is valuable as it was acting as support in the past months. So now I will keep on looking for bearish trades until it reaches the last zone then I will look for buy opportunities. So what do you think traders on this one?
Short
by dlaminisya
1
SHORT USD/CHF from .8847I'm SHORT this pair from .8847. USD/CHF has hit the channel shown. This is a recent area of resistance from 13/2/24. Price has been overbought since yesterday and now it appears the BULLISH momentum of this pair is waning and the signs are that USD/CHF BEARS are jumping on board. Although the Pivot Point SuperTrend remains BULLISH, the Andean Oscillator shows a rise in the red SELL line and the green BUY line is heading south and looks like it will cross the signal line soon. Other confirmation of the BEARISH bias is the falling RSI and the MACD is crossing south whilst the signal bars are shortening. This has to be considered a risk trade as we don't have every indicator confirming the BEARISH momentum but we are just under WR1 resistance having been above it a few hours ago and the other major consideration is US news at 15:00 being the Manufacturing PMI and Revised UoM Comsumer Sentiment. Hopefully this trade will be in + numbers and we can get a tight STOP on before the release of the data which will no doubt move the market.
Short
by forextraplaces
USDCHF: Experts predict a difficult year for the Swiss Franc“The franc is once more overvalued,” stated David Alexander Meier, economist at Julius Baer Group and pinnacle fourth-region FX forecaster in keeping with Bloomberg. Mr. David expects the franc to fall approximately 4% from modern tiers with the aid of using the quit of the yr while the Swiss National Bank (SNB) stops assisting the foreign money. This is extra than double the common estimate of economists. His view is primarily based totally at the SNB`s current U-turn, which signaled that it might possibly ease - if now no longer absolutely reverse - the overseas foreign money income that helped the CHF top in 2015 towards the EUR and EUR. USD. Last week, SNB President Thomas Jordan stated the terrible effect of the highly-priced franc on exporters. The economist expects the SNB, which has the second one-lowest hobby charge amongst G-10 countries, to begin decreasing hobby prices while inflation in Switzerland stabilizes beneath the 2% goal with the aid of using the quit of this yr. He stated the SNB is not likely to preserve shopping for overseas foreign money reserves, an pastime that has stopped considering that the second one region of 2022. That will placed stress at the franc, even extra than the decline in overseas foreign money income. The franc rose almost 10% towards the U.S. greenback closing yr, the largest benefit the various G-10 and its best-appearing foreign money considering that 2010. However, till January this yr, CHF has slipped in conjunction with G-10 currencies and misplaced approximately 2.5% of its cost amid a more potent dollar way to developing expectancies of the United States Federal Reserve (Fed) easing economic policy. .
Short
by Chart_MasterPro
USDCHF: USD is calm and trading volume is lowThe dollar traded subdued in early European trading on Monday, with the US holiday keeping trading volume down as traders considered the possibility of an early interest rate cut by the Federal Reserve. At 04:35 ET (09:35 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1% higher at 102.242, at the start of the holiday. Martin Luther King Jr. The U.S. producer price index unexpectedly fell in December, according to data released Friday, prompting traders to increase bets that the Federal Reserve will start cutting interest rates as early as this year. According to the CME FedWatch tool, the market now indicates a 78% chance that the US central bank will begin easing interest rates in March, compared with a 68% chance a week ago. The US data calendar is quiet this week, with the main focus on retail sales data due out on Wednesday. This will be closely watched for signs that consumer spending - the main driver of economic growth - remains resilient in the face of rising interest rates. Retail sales are expected to increase 0.4% in December, after rising 0.3% in November. Investors will also have the opportunity to hear from several Fed officials, including Fed Governor Christoper Waller as well as Atlanta Fed President Raphael Bostic and San Francisco Fed head Mary Daly.
Short
by Chart_MasterPro
7 Dimension Analysis For USDCHF 😇 7 Dimension Analysis Time Frame: H4, D1 1️⃣ Swing Structure: Bearish on both time frames 🟢 Structure Behavior: Break of Structure (BoS) 🟢 Swing Move: Corrective, indicating a nearly completed sideways move 🟢 Inducement: Liquidity sweep with a long wick candle 🟢 Decisional OB: Mitigated, resistance at CIP with a strong buildup post-breakout, indicating bearish strength in the area 🟢 Traps: Shakeout completed in this area (Arrows) 🟢 Time Frame Confluence: Daily and H4 2️⃣ Pattern 🟢 CHART PATTERNS: Reversal with a triple top observed during this phase, forming a Consolidation Rectangle 🟢 CANDLE PATTERNS: Notable long wick, Open low/high pattern awaiting confirmation, and an already formed Tower Top 3️⃣ Volume 🟢 Fixed Range: Sell volume predominant in this area 🟢 Low Volume on Breakout: High volume in the purple rectangle area, but without updating Upside move. Expecting a sharp downward move. 4️⃣ Momentum RSI 🟢 Zone: Price in a wide bearish range 🟢 Range Shift: Bearish to sideways shift observed 🟢 Grandfather Father Son: A 6-star selling setup according to this RSI strategy, with an 80% probability 5️⃣ Volatility Bollinger Bands 🟢 Middle Band: No confirmation yet 🟢 Contraction: After an expansion move, the market is now in full contraction mode, making outside-of-the-band closing crucial 🟢 Squeeze Breakout: Anticipated 🟢 Walking on the Band: Awaiting 🟢 Headfake: Two observed 🟢 Band Puncher: Three times observed (For those seeking to learn these concepts in a professional manner, feel free to send me a direct message.) 6️⃣ Strength According to ROC 🟢 Values: CHF 7.19 vs. USD -3.46 7️⃣ Sentiment ☑️ FIB Trigger Event: Done ☑️ Trend Line Breakout: Awaiting 💡 Decision: Sell 🚀 Entry: 0.8474 ✋ Stop Loss: 0.8590 🎯 Take Profit: 0.8133 2nd Exit if Internal Structure changes, also Exit 3rd Trendline Breakout, FOMO 😊 Risk to Reward Ratio: 3 🕛 Expected Duration: 15 days SUMMARY: The analysis points toward a bearish sentiment, advocating for a sell decision. The entry is set at 0.8474, with a stop loss at 0.8590, take profit at 0.8133, and a risk-to-reward ratio of 3, expecting completion in approximately 15 days.
Short
by Optimum369
Will USDCHF breakout Tomorrow? (after US Inflation report)Will USDCHF breakout Tomorrow? (after US Inflation report) USDCHF recently surpassed both its 50 and 100-hour moving averages, yet it remains confined within its 2024 trading range. Fluctuations between risk-on and risk-off sentiments keep the pair moving between 0.84635 and 0.85294. Initially, bullish optimism followed comments from Atlanta Federal Reserve President Raphael Bostic, suggesting 2 potential interest rate cuts by the end of 2024. Additional news this week supporting the Swiss franc was the inflation rate in Switzerland rose to 1.7% in December 2023 from 1.4% in the previous month and above forecasts of 1.5%. However, a recent shift towards risk aversion has led investors back to the US Dollar, however without creating a distinct market trend. When will this non-trending market transition into a more trending market? Perhaps at the drop of the US inflation report tomorrow. In the meantime, maintaining a bullish stance depends on the price staying above its elevated 100-hour moving average at 0.85100 and a break of the recent high at 0.8535 could instigate more buying momentum. A drop below this level could shift the bias towards neutrality.
by BlackBull_Markets
USDCHF: Morgan Stanley: Fed will keep interest rates higher for Ellen Zentner, chief U.S. economist at Morgan Stanley, said: "The Fed will cut interest rates this year." But "the Fed can be patient and take its time." Morgan Stanley expects the Fed to cut interest rates for the first time at its June meeting. The Fed will keep interest rates stable for longer than the market expects. But if that happens, there will be more cuts than expected. The first rate cut of 25 basis points will take effect in June. Subsequent rate cuts are expected to occur by 25 basis points at meetings in September, November, and December.
Long
by Chart_MasterPro
#USDCHF: Swing trade loading! Patience Pays;)Hello Everyone, hope you all are having a great weekend, quick update on #usdchf. Price have consolidated for couple of week due to low volume in the market. While Chf have been bullish over USD as chf is considered as one of the safe heaven currency index. In this uncertainty time investors have shown more interest toward chf and jpy, therefore tomorrows data will be crucial for this pair future. Like and comment if you agree with the idea.
Long
by Setupsfx_
USDCHF: BoA warns about investors being too optimistic about intA note from Bank of America's strategy department about the Fed follows The market was ahead of expectations of 5 interest rate cuts next year from the Federal Open Market Committee (FOMC) and even more (6) from the European Central Bank. BoA believes that expectations need to be tempered due to: Core inflation remains high And inflation risks are higher in early 2024 as the base effects from energy prices fade. In Europe: Eurozone deflation at current levels could support interest rate cuts starting in March
Short
by Chart_MasterPro
USD/CHF Buy The USDCHF is currently rebounding from the lower low area of the ascending channel. A bullish flag has formed on the 4-hour timeframe, signaling potential upward movement. 📊 Expectations: We anticipate the pair to re-test key support levels as highlighted in the attached chart. 📉 Trading Strategy: This trade is based on a combination of technical analysis and candlestick patterns. These are long-term positions, so ensure you have sufficient margin to manage market fluctuations. Utilize proper risk management in line with your account size. 🚦 Trading Rules: 1️⃣ Rule 1: When the market hits Target 1, consider closing some positions or move your STOP LOSS to ENTRY price for safe trading. 2️⃣ Rule 2: After reaching Target 1, avoid placing new trades based on the same signal/alert. 3️⃣ Rule 3: If the market consolidates for more than 2 days, close the trade and patiently wait for the next favorable trading opportunity. 📣 Like and Share for More Insights!
Long
by Pro-Trading-Africa