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Usdchfshort

USDCHF - Look for a long opportunity ✅Hello traders! ‼️ This is my perspective on USDCHF. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for a long. I wait price to make a retracement to fill the imbalance lower and then to react from support zone. Fundamental news: Next week is full of news with impact on USD and CHF. On Tuesday we will see results monthly CPI on CHF and monthly and yearly CPI on USD. On Thursday we'll have Retail Sales on USD. Like, comment and subscribe to be in touch with my content!
Long
by Snick3rSD
USDCHF Bearish Opportunity - FVG Order Block SMC 📉 USDCHF Bearish Trade Setup - Potential Reversal at FVG Order Block SMC 🔍 Technical Analysis: USDCHF is approaching a significant area on the chart known as the FVG (Fresh Virginal Ground) Order Block, coupled with the SMC (Smart Money Concept) signal. Historical price action indicates this zone has acted as strong resistance in the past. Key technical indicators may be showing signs of potential bearish momentum. 📊 Trade Plan: Entry Point: Consider initiating a bearish position upon a clear rejection or bearish candlestick pattern within the FVG Order Block SMC zone. Stop Loss: Place a stop loss above the recent swing high to manage risk effectively. Take Profit: Target potential support levels or previous swing lows as profit objectives. 🚨 Risk Management: Utilize proper risk management techniques, risking only a small portion of your trading capital on this trade. Stay updated on economic events that could impact the USDCHF pair and adjust your position accordingly. 📈 Disclaimer: This is not financial advice. Trading carries risks, and it's crucial to perform your own analysis. Trade responsibly, using only funds you can afford to lose. Implement stop-loss orders and manage risk diligently. 👉 Note: Monitor real-time price action and adjust your strategy as per evolving market conditions. Happy Trading! 🌐💹
Short
by MAAwan
#USDCHF → Movement in the descending channelIn time h2, it is moving in a downward channel, which is located in the support zone, which, if confirmed, can continue to correct until the golden zone of the previous wave after retesting the ceiling of the channel. ----------------- Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.
by alikze
Swiss Franc Resilience: USD/CHF Faces Headwinds Amid Economic..Swiss Franc Resilience: USD/CHF Faces Headwinds Amid Economic Disparities In the realm of global currencies, the Swiss Franc (CHF) stands out as a resilient force, navigating economic landscapes vastly different from its European neighbors. Recent data reveals a slip in Switzerland's Producer and Import Prices in December, impacting currency dynamics. This article explores the recent performance of the CHF against the USD, shedding light on the economic context that shapes its trajectory. Economic Disparities and CHF Strength: Switzerland's economic environment starkly contrasts with that of its immediate European neighbors. The nation boasts inflation comfortably within the Swiss National Bank’s (SNB) 2% maximum target and maintains a robust domestic economy. This economic strength has contributed to the resilience of the Swiss Franc. Recent Currency Performance: The CHF showcased its strength by rebounding on Friday, finding resistance at 0.8700 against the USD. The USD/CHF pair has experienced a climb of approximately 4.5% since hitting a 12-year low in December. A Year of CHF Ascendancy: Throughout 2023, the CHF gained significant value, surging nearly 18% against the US Dollar from the Q3 2022 peak of 1.1047. This upward trajectory has posed challenges for the SNB, limiting its ability to fine-tune policy using foreign currency reserves. SNB's Warning and Implications: Faced with the persistent strength of the CHF, the SNB issued a warning to the broader markets. The central bank emphasized that further appreciation of the CHF could transfer disinflationary pressure directly into the Swiss economy. This acknowledgment underscores the delicate balance the SNB must strike to preserve economic stability. Market Outlook for USD/CHF: Given the prevailing economic disparities and the SNB's warning, our outlook for USD/CHF leans towards a new pullback in the direction of the downtrend for the USD. Our target is set around 0.8400, reflecting the challenges faced by the USD against the resilient Swiss Franc. Conclusion: As the Swiss Franc maintains its strength in the face of economic disparities, the USD/CHF pair encounters headwinds. The CHF's ascendancy throughout 2023 and the SNB's cautionary stance signal potential challenges for the USD in the coming months. Traders should keep a close eye on economic indicators and central bank communications, recognizing the intricate dynamics influencing the USD/CHF pair in this evolving financial landscape. Our preference Short positions Below 0.88200 with targets at 0.85200 & 0.8400 in extension.
Short
by FOREXN1
1
USD/CHF Retreats Amidst Lower US Treasury YieldsUSD/CHF Retreats Amidst Lower US Treasury Yields The USD/CHF currency pair is currently navigating a complex landscape, marked by a pullback in the US Dollar, potentially fueled by lower US Treasury yields. Despite the initial cheers from hawkish remarks by Federal Reserve officials, the Greenback finds itself facing challenges, with risk aversion sentiment lending some support. Additionally, the Swiss Franc has experienced selling pressure, triggered by concerns raised by Swiss National Bank (SNB) Chairman Thomas Jordan regarding the impact of CHF's strength on inflation and the broader domestic economy. Technical Analysis: From a technical standpoint, the forecast remains clear, indicating a possible continuation of the bearish trend. The failure to breach the resistance at 0.8700, coupled with the rejection at the confluence of the Dynamic trendline and the 78.6% Fibonacci level, suggests that the bears might still have the upper hand. Traders are keenly watching for any signs of a new bearish impulse aligning with the established downtrend. SNB's Inflation Concerns: The recent selling pressure on the Swiss Franc can be attributed to SNB Chairman Thomas Jordan's expressed worries about the CHF's strength and its potential impact on the SNB's ability to maintain inflation above zero. This concern arises despite some positive economic indicators, such as a slight increase in Swiss consumer prices in December and an improvement in consumer demand in November. Economic Indicators: While recent economic indicators paint a mixed picture, with positive signs in consumer prices and demand, Swiss Producer and Import Prices (YoY) witnessed a decline in December, following a similar trend in November. These more moderate figures may temper the SNB's decision-making in the upcoming meeting, as they grapple with the delicate balance of supporting economic recovery while ensuring inflation remains within a stable range. SNB's Commitment to Monetary Policy: In the SNB's last policy update in December, the central bank reiterated its commitment to adjusting monetary policy if necessary to maintain inflation within a range consistent with price stability over the medium term. The cautious stance suggests that despite the recent economic fluctuations, the SNB remains vigilant and ready to act to ensure economic stability. Conclusion: As the USD/CHF pair faces headwinds from lower US Treasury yields and the SNB's inflation concerns, traders are keeping a close eye on technical indicators and the broader economic landscape. The failure to breach key resistance levels indicates a potential continuation of the bearish trend. However, the SNB's commitment to adjusting monetary policy underscores the uncertainty in the current economic environment. Traders should remain vigilant and adapt their strategies accordingly, considering both technical and fundamental factors shaping the USD/CHF trajectory. Our preference Short positions Below 0.88200 with targets at 0.85200 & 0.8400 in extension.
Short
by FOREXN1
3
Sell USDCHF Channel BreakoutThe USD/CHF pair on the H1 chart exhibits a bearish signal suggesting a potential decline in the coming hours. A recent downside breakout from a descending channel pattern could offer a shorting opportunity. Key Points: Descending Channel Breakout: The price has been trending downwards within a channel defined by two falling lines, one for resistance and one for support. This indicates ongoing selling pressure and potential for further decline. Sell Entry: Consider entering a short position around the current price near 0.8620, offering an entry point close to the breakout level. Target Levels: Initial bearish targets lie at the support levels of 0.8540 and 0.8470, marking previous support zones within the channel. Stop-Loss: To manage risk, place a stop-loss order above the resistance line of the broken channel at 0.8700 Fundamental Updates : Stronger Swiss Franc: The Swiss Franc has been gaining strength recently due to its safe-haven appeal amidst global economic uncertainties and geopolitical tensions. This could put downward pressure on USD/CHF. Thank you
Short
by KABHI_FOREX_TRADING
3
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 - Short pattern confirmed ✅Hello traders! ‼️ This is my perspective on USDCHF. Technical analysis: Here we have the confirmation of SH + BOS + FVG pattern. Price firstly raided buy side liquidity with a stop hunt then broke the structure and reacted from imbalance (FVG). I expect bearish price action to the support zone. Fundamental news: Next week is full of news in USA. Firstly on Wednesday we have Interest Rate followed by FOMC Conference, then on Friday NFP and Unemployment Rate. Pay attention to the results in order to validate the analysis. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
USDCHF TO 0.84000?Is it time for the USDCHF to head lower? Let's look at this pair from a technical perspective. To understand the direction of a pair, we have to first look at the higher timeframes. The monthly, weekly and daily timeframe suggest that this is a downtrend.. It's not a matter of where the trend is headed, because obviously, it's a downtrend.. Since we "know" what trend this is and where it could lead, our job is to look for trading opportunities in this direction. Our job is to SELL. Do we just wake up and sell? Well, no. We all have our entry patterns, so we do well to employ such methods as we look to trade USDCHF. We can clearly see reacting to the key level around 0.87000. If price does not violate this key area, then we can be "sure" this could be a lower high. If this level does hold, then price is likely to trade lower into 0.84000.
Short
by Men_of_The_Markets