Usdchfprediction
USDCHF Possible rise to resistance levelCurrency Pair : USDCHF
Possible direction : Bullish
Technical Analysis : After strong bearish monthly close USDCHF has come to long term monthly support and price started to revise for a pullback. As weekly and daily market is over extended to the downside, it is highly likely price require liquidity to move further down, therefore, high probability price will continue to rise to the monthly resistance level.
Possible trade recommendation : Bullish as per chart sketch
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USDCHF Weekly outlook USDCHF made a breakout above the trendline and trading on daily highs. Lets enter safely
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Double Bottom indicating trend reversal in USDCHFDouble bottom with bullish divergence indicating a trend reversal from bearish to bullish in USDCHF in H4 if resistance level of 0.89580 is broken
USDCHF SellThe USDCHF pair continue falling since many weeks. Every time it made higher low and lower low. At the current situation, I believe USDCHF again make new lower low. Better to look selling opportunity on it.
USDCHF Chart H1Here is my view for USDCHF on H1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
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. Anyway, USDCHF price can go down to 0.8860 level after FED EVENT. We focus on MARKET UPDATES and MARKET SENTIMENT. Follow the given MARKET STRUCTURE.
USDCHF TradingView H1Here is my view for USDCHF on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
USDCHF-LONG 500+ PIPSHey everyone, thanks for your support throughout, if price does not move as described than it will probably we would see a downtrend continue for rest of the month. We also NFP this week that is a good think to consider.
USDCHF Chart H1Here is my view for USDCHF on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
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: 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 BuyAs we can see strength in DXY which is also give a buying opportunity in USDCHF. Better to look buying opportunity on every support you got.
USDCHF- POSSIBLE LAST BULLISH PUSH!Dear Traders, We are expecting DXY to be bullish for at least two days before we see massive sell of on DXY as of now DXY is considered as weakest currency index due to uncertainty of USA banking system.
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 long expected USDCHF is in golden zone and expecting long positions above 0.91000 as upward potential is waiting to break imidiate resistance at 0.92200, lets enter with proper money management
#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 - 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-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 - 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 Daily: 27/02/2023: Bear market?
As you can see, the price had a bearish reaction after collecting liquidity above 0.9409.
So we can expect the price to start to decrease from here or move upward till the supply zone and then fall.
Personally, I wait for the price in the supply zone and find a low time frame confirmation and I will follow the price till the demand zone.
💡Wait for the update!
🗓️27/02/2023
🔎 DYOR
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USDCHF BuyDollar Currency Index seems more bullish against the CHF. I think the market will rise more and more. Better to do your own analysis first, if matched then put trade.
