Usdchftrade
Volatile Markets In Recent Times ? PERFECT !Over the past few weeks, we have been observing huge volatile market with various currency pairs due to the spread of the virus. Times like this, volatility gives price to reach long term movement much faster, Looking at the USDCHF price as been trending downwards up until last week, an huge reversal occurred to the upside at the 0.918 support level. I expect price to continue with this trend and momentum towards 1.032 eitherways time would tell !
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Goodluck !
Continuation of the trend... USDCHF Short (on screen analysis)USDCHF is in a Down trend and made a Lower High last week. Price got rejected around 0.95500 and now we wait for the Counter trend to break. I suspect Price to make a Lower Low around 0.90700 which is an old Weekly Support and Resistance level from May 2015.
Trade with patience. I will keep you posted!
USDCHF Long! Price-Action idea guide on DailyKeep in mind, Price is currently trading below a Weekly trend-line not included on charts.
Price is also inside Two Eclipsed Buy-Zones-- with corresponding upside targets.
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USDCHF. The dollar price has broken the support level.Hello dear subscribers!
Today, the American dollar,
being at the support level,
broke through it and sank lower.
Support level is broken!
The price will fall down even more due to
the fact that the price was so in a downward channel.
Price tends to first and second target. Good luck to you!
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This idea does not provide the financial advice.
UCHF jumped from the trendline and can make a 300 pip jump.USDCHF is at the 0.95 support level and is currently holding it. the candles touched the descending trendline and made a small pullback.
the expectation is that die positive US numbers will push the dollar up. we can see an upside movement till the 0.98 zones.
USDCHF potential bounce!
USDCHF expected to reverse up to 1st support at 0.97398 where it could potentially react and bounce to its resistance at 1st resistance at 0.98126.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.