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Usdchfshort

USDCHF Sell the unexpected rally.USDCHF - Intraday - We look to Sell at 0.9609 (stop at 0.9632) There is no clear indication that the downward move is coming to an end. We look for a temporary move higher. Preferred trade is to sell into rallies. 20 4hour EMA is at 0.9604. Bespoke resistance is located at 0.9600. Our profit targets will be 0.9551 and 0.9541 Resistance: 0.9550 / 0.9570 / 0.9600 Support: 0.9510 / 0.9490 / 0.9460 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.
Short
by OANDA
USDCHF SELL Trade Update First Target HitAt the end of August I posted the likely path the USDCHF would take next at the beginning of the MONTH it rallied a little bit higher into the weekly supply zone which is standard iit has just achieved the first short term target below 0.96 it actually took out the daily demand zone so can expect a short rally up before heading back down towards the LONG term target. If you understand how to read the higher timeframe weekly and monthly charts you will always have a higher probability of trading success as this is where the major markets move happen.
Short
by TheFxAce
USDCHF | Perspective for the new week | follow- up detailThe momentum drive on the USDCF has been bullish since the beginning of the year and the breakout of the bearish trendline on the daily timeframe coupled with the appearance of a double top look-a-like structure during the latter part of last week's trade session could be a signal of a reversal phase evolving. However, I still hold a strong bullish bias on this pair and the proposed retracement move could be an attempt to retest the structure broken at the 0.95700 area Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
USDCHF M30: Bearish outlook seen, further downside below 0.9830On the M30 time frame, a pullback to the resistance zone at 0.9830, in line with the Fibonacci confluence levels presents an opportunity to play the drop to the next support target at 0.9700 which is also the resistance-turned-support graphical zone and 61.8% Fibonacci retracement level. A break below the downside confirmation level at 0.9765 could provide the bearish acceleration to the support zone at 0.9700. Prices are holding below the Ichimoku cloud as well supporting the bearish bias.
Short
by T3-Consultancy
USD/CHF bulls fail at the previous high, time for a correction?USD/CHF bulls have failed to break the previous high near the 0.9875 level. We have a bearish candlestick formation at this level as shown in my chart. So, if the bulls fail to break the resistance level that I have highlighted in my chart, there is a chance for a correction in USD/CHF. Potential sellers can consider selling at the 0.9840-0.9875 level and depending on how the trade develops, TP can be set at 0.9630 level.
Short
by YourLazyTrader
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