Usdchfsignal
USDCHF Dear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
As I said in the last week...
USDCHF pulls in a very well defined trend both for 1 week and for 1 month and from careful analysis ... I think that in the next period it will go up and retest the trend line for 1 week around 0.94-0.94400 and after it go down again to reach the trend line ...
THIS WEEK...as I said last weeks, USDCHF has reached the upper trend line and descended again to the lower trend line that I expect to reach as soon as possible ...
anyway, USDCHF is heading to the end of the tunnel from where I expect a 200-250 pips rise in USD in the next period!
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.
#USDCHF SELLING OPPORTUNITYAs you can see price in 4H time frame not only creating LL and LH but also we can see a Head & Shoulder chart pattern in this time frame. which suggest price could possibly have more downside move.
As you can see price has retraced to H&S pattern neck line and also created a false breakout of the neckline in 1H time frame but rejected immediately which showing us both selling pressure.
now in case of trading first we need to see price created a 1H bearish engulfing candle, then we need to see that bullish structure in lower time frame such as 30M and 15M shift to bearish. If this conditions appear in the market then any bullish corrective move in lower time frame could be our trigger to sell this pair.
Also we can see bearish divergence in 1H time frame which is another confluence to our trading idea.
1st target: 0.92000
2nd target: 0.91500
stop loss could be set around 0.92760
notice: only trade with your strategy and this is just a trading idea which should be inline with your trading strategy incase of trading.
USDCHF , Did you get that profit ?Hello everyone
This the update of the previous analysis
Becareful , in first target save your profit and risk free them
And if it can break the zone the you can take position if you dont get any position , you can take position after break and pull back the first target
Previous analysis :
Dont forget use stop loss up the first target zone and attention to money management
Good Luck
Abtin
USDCHF , Are you ready for sell ????Hello everyone
According to the chart , we are in downward trend and we need pullback and rest the price the come to our sell zone then we can take short position , we have 2 zone for selling and if you take any position in any zone you can put your stop loss like our shown on chart
Dont forget use stop loss and attention to money management
Please at first check the chart in multi time frame and take signal then take position and sell
( Signal : hammer , ascending cover , descending cover , pattern price or ... )
Good Luck
Abtin
USDCHF ShortSymbol: USDCHF
Timeframe: 4H
Bias; Short
Signal Analysis: USDCHF will get an edge when the current price will reach nearest resistance level at our entry price. Then it will go down and will try to reach the downward fibo levels and ultimately reach to the support level. There is a greater chance of USDCHF to oscillate between support and resistance level and that is why trade should be triggered wisely to avoid unwanted losses.
USDCHF | Perspective for the new weekThe probability of the Greenback to do a substantial drop in the coming week(s) seems to be high following the appearance of a reversal pattern in the structure of a Head and Shoulder on the Daily chart.
Tendency: Downtrend (Bearish)
Structure: Supply & Demand | Reversal pattern (Head & Shoulder)
Observation: i. As far back as 2010, It is interesting to observe how the Fr0.92400 zone has been a major determinant of the direction of price action as soon as it is broken or tested (See your weekly chart for reference purposes).
ii. Since the price broke above the Key level @ Fr0.92400, it has been difficult for buyers to continue with the same momentum as the Fr0.93700 level was met with sharp rejections that led to lower highs.
iii. Head & Shoulder: a baseline with three peaks, where the outside two are close in height and the middle is highest.
iv. The appearance of a Head & Shoulder at this juncture in the market describes a specific chart formation that predicts that a bullish-to-bearish trend reversal is imminent.
v. In this regard, I shall be looking forward to a Breakdown/Retest of Neckline which is also a significant Key level in the coming week for confirmations.
vi. This being said, the early hours/days of the new week might see a rise into the New Supply level indicated on the chart before the decline begins. However, it is most comfortable to have a position below the Neckline to join the potential decline... Trade consciously!😊
Trading plan: SELL confirmation with a minimum potential profit of 150 pips.
Risk/Reward : 1:3
Potential Duration: 4 to 10days
NB: This speculation might be considered to make individual decisions on the lower timeframe.
Watch this space for updates as price action is been monitored.
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.
USDCHF , We predicted two possible market movementsHello everybody
We hope everyone had nice week with profit
According to these analysis of USDCHF , in daily time frame we analysed that the trend is downward and we need that the price come to resistance and sell zone then we can take short position , in here we shown that we have a breakwave and we need pullback of the price then we can take short position , but in this chart we predicted two movement of market can do , in here the price is upper of the support zone area and in here we price is supported and can rise until the resistance area ( The market in this time frame is downward and only we sell but we can take some tolerance from the market in pullback movement )
After pullback done in next week or later we are updating the chart for sell ( short ) position untl the target
But in here we shown 2 position and where we should buy and sell the position and Tp and SL
Please check the chart in multi-time frame and at first take signal then take position
( Signal : hammer , ascending cover , descending cover , ... )
Daily time frame chart :
The point is the analysis is valid
Be with us and sleep comfortably
Good Luck
Abtin
USDCHF Long Symbol: USDCHF
Bias: Long
Time Frame: 4 H.
Signal Logic: The price action reveals a pretty strong pattern for an up turn. Though it may not be within a day or two. It can take a few days to reach the expected Take Profit Level. A partial close option may be a good strategy to capitalize form this lacuna. Let's see....
USDCHF , We should wait until ...Hello everyone
I hope everybody have nice week
In here in daily time frame after rally drop price we are in pullback and we have heavy resistance zone that shown on chart ( red zone )
in there we should take signal in lower time frame ( signal : hammer or descending cover or ... ) and we can get position too after getting reverse pattern like head and shoulders and please please check the chart in multi-time frame .
We update the chart in future after the signal shown on chart but everyone be careful and attention to this area
Did you exercise and watch this pattern in other charts ??
Good Luck
Abtin
USDCHF Order Block SellPrice is currently testing the 0.93000 level and previous Order block
I will be looking to go short provided:
Evening star formation or any other bearish candlestick patterns
Rejection at level 0.93000
Rejection at order block
Long Wick rejection of previous high
Break of counter-trendline
Weakness of USD on the DXY (Rejection of resistance)
USDCHF Daily Analysis Hello everyone, as we all know the market action discounts everything :)
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During the Asian trading session on Thursday, the USD/CHF currency pair remained flat In the morning, after reporting gains overnight, the currency pair remained in a relatively narrow trading range with little movement. The USD/CHF exchange rate is currently at 0.9261, up just 0.001 percent since the start of trading.
Scenarios for the market :
Scenario 1 :
The market is showing Bullish signs all around so most likely we will be seeing a push to the first resistance located at 0.9287 if the Bulls were able to keep control then the price will push further hitting the resistance at 0.9311 or even 0.9346 where they might have a problem with breaking out that zone.
Scenario 2 :
After the market reaches the first resistance of 0.9287 we might see a strong push from the Bears to drop the market back to the first support at 0.9227 where most likely the Bulls will gather a lot of power to take control back and drive the market price back up.
Technical indicators show :
1) The market is above the 10 20 50 100 200 MA and EMA, But still below the 5 MA which could mean a very small drop before going up.
2) The MACD is above the 0 line which means the market is bullish, With a positive crossover between the MACD line and the Signal line.
3) The STOCH is in the high range showing Bullish signs, With a positive crossover between the %K (62.04) and %D (60.89)
Daily Support & Resistance points :
support Resistance
1) 0.9227 1) 0.9287
2) 0.9191 2) 0.9311
3) 0.9167 3) 0.9346
Fundamental point of view :
The US Federal Reserve kept its short-term key rates unchanged in the range of 0% to 0.25% on Wednesday and said a “moderation” in asset purchasing would happen for further economic progress. The Federal Open Market Committee (FOMC) signaled a reduction in its $120 billion monthly bond purchase this year. In addition to that, US Fed Chair Jerome Powell hinted that tapering could occur as soon as in November or end in mid-2022.
Furthermore, the FOMC economic projection painted a rosy picture about the economy as the Fed hiked its interest-rate outlook to 1% and 1.8% in 2023 and 2024 respectively. The economy is expected to expand by 3.8% and 2.5% in 2023 and 2024 as compared to the previous 3.3% and 2.4% projections respectively.
On the other hand, the Swiss franc pares its previous gains on improved risk sentiment. On the economic data side, Switzerland's Current Account expanded to CHF 10.51 on a quarterly basis as compared to CHF 3.21 billion. As for now, traders wait for the Swiss National Bank (SNB) interest rate decision, US Initial Jobless Claims, and Markit manufacturing Purchasing Managers Index( PMI) to gain fresh trading impetus. According to Fxstreet.
This is my personal opinion done with technical analysis of the market price and research online from Fundamental Analysts and News for The Fundamental point of view, not financial advice.
If you have any questions please ask and have a great day !!
Thank you for reading.