Usdchfsignal
DeGRAM | USDCHF fakey settupUSDCHF is trading in the descending channel. The market made shallow lower lows.
The market created a consolidation zone at the support level following a bearish move.
We expect a breakout of the channel and a retest of the psychological level.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
USDCHF - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on USDCHF.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for shorts from premium zone. My point of interest if price took buy stop liquidity and reject from bearish order block.
Fundamental analysis: Next week we have news on USD, on Wednesday will be released CPI and on Thursday PPI, these 2 are very important news, so we have to pay attention to the results.
Like, comment and subscribe to be in touch with my content!
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
Press like button if you enjoy.
Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and is not suitable for all investors. Past performance is not indicative of future results. The high degree of leverage is dangerous and can work against you as well as for you. Before deciding to invest in foreign exchange or any market you should carefully consider your investment goals, level of experience, and risk tolerance. It is EXTREMELY LIKELY that you will sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, and Forex Trading Wizard. Do your own research and talk to a professional financial planner in order to be aware of all the risks associated with foreign exchange trading and investing and seek advice from an independent financial advisor before risking any capital.
DeGRAM | USDCHF at psychological levelUSDCHF is trading in an ascending channel.
The market is moving to a strong resistance level, which is a psychological level as well: 0.9000.
Price was rejected by the level before, and it is likely to pullback from this level again.
We expect short-term pullback.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
USDCHF - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on USDCHF.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for shorts. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish order block for a short position.
Like, comment and subscribe to be in touch with my content!
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 - Buying opportunity ahead for 27.5:1 RRRHello everyone! Hope you all have a great trading week and Ramadan Kareem all.
Have received bunch of questions regarding my insight on dollar and especially $FX:USDCHF. Currently sitting at 3M pivot, I expect some bullish momentum come in if we get above our entry level.
Entering this trade by BUY STOP order and risking 1% for 25.5% gain.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. Good luck everyone!
Regards,
Enzo
USDCHF - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on USDCHF.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective with clear lower lows and lower highs. Now I expect price to make a retracement after taking buy stop liquidity to fill the imbalance higher and then to reject from bearish order block for a short position.
Fundamental analysis: We have news events on USD on Wednesday 12th of April, will be released monthly and yearly CPI followed by a FOMC Meeting the same day. As well, on Thursday will be released monthly PPI in USA.
Like, comment and subscribe to be in touch with my content!
USDCHF - Buying opportunity ahead 12:1 RRRHello everyone! Hope you all had a great weekend and Ramadan Kareem all.
Starting of this week, I see some potential buy movement for FX:USDCHF from the SMC area. Our RRR is quite good, so be patient and risk 1%. As always, when risked amount is made book profits and let the trade run for a possibility great growth.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. Together we win!
Regards,
Enzo