USDCHF ShortTime Frame: 4H
Symbol: USDCHF
Entry: 0.97288
TP: 0.94327
SL: 0.99720
Bias: Short
Considering the current price pattern of this pair, our bias goes for selling side. SO we plan a sell trade from the current price context.
Usdchfsignal
USD/CHF: double top bearish pattern in sight?The Swiss franc ( USD/CHF ) rallied against the dollar in London morning trading, after the Swiss National Bank (SNB) unexpectedly raised interest rates by half a percentage point to -0.25%, shocking the market which had anticipated rates to remain unchanged.
Rising inflationary pressures prompted the SNB's unexpected rate rise, after Switzerland's inflation rate hit 2.8% year-on-year in May, the highest level since September 2008.
The SNB also stated that further rate increases are inevitable in the foreseeable future and that the franc is no longer highly valued because of recent depreciation.
On the technical front, USD/CHF fell sharply to 0.98, and a double top bearish pattern is increasingly gaining shape, which could indicate a further dip to the neckline support of 0.955. Momentum indicator, as represented by the 14-day relative strength index, tilts dangerously downward and tries to test the 50 mark.
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USDCHF LongTime Frame: 4H
Symbol: USDCHF
Entry: 0.99986
TP: 1.02270
SL: 0.98191
Bias: Long
The pattern of price movement is showing a positive momentum and volatility structure. As the dollar is still strong against basket of currencies, we think our decision to go long is justified and balanced .
USDCHF:Battle of the safe-heavens?!!USDCHF
Intraday - We look to Buy at 0.9941 (stop at 0.9919)
Trading close to the psychological 1.000 level. 20 4hour EMA is at 0.9931. There is no clear indication that the upward move is coming to an end. A lower correction is expected.
Our profit targets will be 0.9997 and 1.0007
Resistance: 1.0020 / 1.0040 / 1.0060
Support: 0.9990 / 0.9970 / 0.9940
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USDCHF LongTime Frame: 4H
Symbol: USDCHF
Entry: 0.99756
TP: 1.01962
SL: 0.98033
Bias: Long
We are still bullish for USDCHF. The instrument is bullish for a long time and the bias is still valid.
USDCHF LongTime Frame: 4H
Symbol: USDCHF
Entry: 0.99442
TP: 1.01818
SL: 0.97503
Bias: Long
The study of price oscillation and movement of this instrument insinuate a strong long bias. The dollar is getting stronger against other instruments creating new records. So we are aligning our goal to catapult some pips from the current trading context.
USDCHF probablity for short 0.9930#USDCHF, monthly key reversal bar dictating for weakness ahead. 16th-20th May strong weekly down bar as a key reversal bar broke two weeks low and closed off the low. 0.9940 first supply zone if failed to hold price next strong supply zone 1.0020-60. Target: 0.9530 if breaks then next target level 0.9500. advise to book profit at 0.9530.
USDCHF NeutralTime Frame: 4H
Symbol: USDCHF
Bias: Neutral
Today we do not see any specific signal for this instrument. Due to lack of sufficient volatility in the market, there is a great risk of taking short term trades. It is better to wait for a better entry.
USDCHF NeutralTime Frame: 4H
Symbol: USDCHF
Bias: Neutral
The major trend for this instrument is neither bullish nor bearish. The price actions are within bounds and the scope for massive volatility is limited too. So we are neutral for this pair.
USDCHF NeutralTime Frame: 4H
Symbol: USDCHF
Bias: Neutral
Currently the price action is not at all remarkable for this instrument. The performance of the pair is below expectation and there is no high probability set up too.
USDCHF,USDZAR and USDCNH top-down analysis Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 BUYHi fellow traders, USDCHF is ready for the 5th wave higher as the WXY correction is ending. The trade will be invalidated if we break the red line. Target the previous top or R3 level. Goodluck!
USDCHF NeutralTime Frame: 4H
Symbol: USDCHF
Bias: Neutral
This pair is still in a neutral position . There is no explicit directional bias and we do not see any opportunity for momentum trades too. So we stay neutral.
USDCHF NeutraLTime Frame: 4H
Symbol: USDCHF
Bias: Neutral
The current price pattern of this instrument does not denote any directional bias . The opposite forces of of the price action are not allowing any bias to over rule each other. The best decision is to wait for a better opportunity.
USDCHF LongTime Frame: 4H
Symbol: USDCHF
Entry: 0.96367
TP: 0.99578
SL: 0.93725
Bias: Long
Today we are bullish for this instrument. The market sentiment and the overall price structure reveal a bullish atmosphere.
USDCHF LongTime Frame: 1H
Symbol: USDCHF
Entry: 0.96015
TP: 0.96572
SL: 0.95669
Bias: Long
Current price study of this instrument is revealing a short term bullish opportunity. Though it is really difficult to find high probability opportunities or setup nowadays , the average directional bias for this pair is on the bull side. So we are planning a short term momentum trade.
USDCHF NeutralTime Frame: 4H
Symbol: USDCHF
Bias: Neutral
Considering the current price structure of dollar and its counter currencies ,it is evident that there is no explicit signal for this instrument. Our bias remains neutral.
USDCHF NeutralTime Frame: 4H
Symbol: USDCHF
Bias: Neutral
If we look at the short term spectrum of this instrument ,we see an obvious trend that the pair is in a great dilemma . It is in pressure from either side. SO our bias remains neutral for this one.
USDCHF NeutralTime Frame: 4H
Symbol: USDCHF
Bias: Neutral
The price pattern of this instrument is showing a neutral position because of the temporary equilibrium between dollar and swiss franc. An obvious change will be noticeable if dollar gets stronger or weaker . But to see that we have to wait a few days.
USDCHF NeutralTime Frame: 4H
Symbol: USDCHF
Bias: Neutral
Currently the price pattern of this instrument is not tradable as it is staying in a state of indecision. We have to wait for a few more days to get an edge for this pair.
USDCHF NeutralTime Frame: 4H
Symbol: USDCHF
Bias: Neutral
Current price pattern is very significant for the day traders . Not all patterns are equal .Sometimes it is wiser to stay out of the market and wait for a right opportunity. We do not see any high probability set up here.
USDCHF NeutralTime Frame: 4H
Symbol: USDCHF
Bias: Neutral
For this instrument is neutral today. And we want to keep aloof from entering a new trade till a positive market situation is created.
