Usdchf daily time frame outlook Usdchf daily time frame outlook market starting pullback . I m expecting ist supply break our target is higher supply.we will look buy from demand zone
Usdchftrade
USDCHF BuyThe market of USDCHF is forming Bullish Flag Pattern and soon it will give breakout it. Better to look buying opportunity on it.
USDCHF top-down analysisHello 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 SELL ANALYSISLooing at USDCHF on 1H timeframe
We looking for a possible SELL/SHORT position
We looking for a possible downward at this distribution phase
USDCHF analysis: a new downtrend is hereUSD/CHF fundamental analysis
Switzerland's annual rate of inflation was 3.4% in July 2022, the same as in June. It was the highest inflation rate since October 1993, but it fell short of market expectations of a 3.5% increase. As a result, inflation remains well above the Swiss National Bank's 2% target, necessitating a steady pace of interest-rate hikes.
The Swiss unemployment rate was 2% in July 2022, the same as in June and the lowest since November 2001.This indicates that the Swiss labour market momentum is strong and the economy is performing exceptionally well despite negative spillovers from the deteriorating economic outlook in the Eurozone.
The SNB is expected to raise rates by 50 basis points again in September, marking the second half-point increase in a row and bringing the policy rate in positive territory for the first time since July 2011. The SNB is now also willing to allow the CHF to appreciate further in order to mitigate inflationary risks.
US inflation rate has surprised to the downside in July (8.5% vs 8.7% expected). This led market participants to expect less aggressive hikes from the Federal Reserve. If this deceleration in U.S. inflation persists, the interest rate differential between the Federal Reserve and the Swiss National Bank (SNB) will narrow, thereby supporting the Franc.
Global growth worries and rising gold prices may sustain demand for safe-haven and recession-hedging assets such as the Franc.
USD/CHF technical analysis
USD/CHF fell 6.5% from its highs in June. The turning point that determined the change in trend in USD/CHF was the double top bearish reversal pattern, with bearish divergences in the RSI and MACD.
The 0.95-0.955 neckline support was initially tested in late June, whereupon the pair rebounded; however, it was successfully broken to the downside this week with an extension to 0.941.
The pair is currently trading within a descending channel and has recently broken the 200-day moving average's dynamic support, which formed an important price floor during 2022.
Moreover, the breakdown of the 61.8% Fibonacci retracement level (2022 high/low) is also noteworthy, supporting the trend reversal thesis.
Now, the focus has shifted to 0.93 (78.6% Fibonacci and April 2022 support) A breach of this level could prompt USD/CHF to test the 0.915 (March support) and then 0.909-0.91 levels (2022 low).
Idea written by Piero Cingari, forex and commodity analyst at Capital.com
USDCHF top-down analysisHello 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 top-down analysisHello 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 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 QM Sell Setup ✔Hello Traders. As you can see price has formed a QM setup which you can enter a sell position as shown on the chart. You can cut loss if price manages
to break the zone upwards or set a stop loss.
USDCHF - SELL NOWHello traders,
Hope you are having an amazing Thursday.
Here is my BIAS on USDCHF
Hope it plays out as anticipated ! :)
god bless,
ETGL TEAM <3
USDCHF: Dollar is unstoppable!USDCHF
Intraday - We look to Buy at 0.9752 (stop at 0.9729)
A lower correction is expected. We look to buy dips. 50 4hour EMA is at 0.9740.
Our profit targets will be 0.9809 and 0.9819
Resistance: 0.9830 / 0.9860 / 0.9880
Support: 0.9800 / 0.9770 / 0.9750
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’ ). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
USDCHF 1H ProjectionUSDCHF 1H Projection
Flat Correction based on Elliott Wave also the trend is Bullish.
Trendline Breakout also happend.
USDCHFThis is for LONG term.
Use Minimal stop loss to avoid huge loss.
Before entering the trade do your own research.
USDCHF Potential Swing Short 1:5RR Confluences
1. Weekly/ Monthly - resistance
2. 2 Weekly candle engulfing
3. On lower timeframe, Bearish structure
4. Double top
5. Broke the trendline
TP1 - 0.95650
TP2 - 0.94500
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
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
USDCHF LONG price rejected perfectly the 61.8 also on the 4hr time frame there is a hidden bullish divergence.
I also believe DXY will go up which confirms with this analysis that UC will go up since it correlats with DXY.
USDCHF top-down analysis todayHello 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.
USDCHFThe Swiss Franc fell strongly last week to reach very close to a new 3-year low against the US Dollar, and to reach and surpass parity with it. European currencies excepting the Euro are generally weak, but the Franc is showing standout weakness.
The fall in the Swiss Franc has been unusually strong, being a firmer directional trend over the past few weeks than any other currency excepting the US Dollar. This is unusual as the Swiss Franc rarely trends strongly.
With a still-strong US Dollar, and non-USD currencies (especially European currencies) looking weak, the price may rise further over the short-term. However, bulls should beware of two factors:
The price hit and rejected the old key resistance level at $1.0050.
The Swiss Franc rarely trends for long.
I will not take this trend trade, but it may be attractive to other speculators.
USDCHF MONTHLY TIME FRAMEBy looking at the USDCHF monthly chart. It seems to be touching it's trendline for 3rd time and after huge and 90 degree of bull run. There are high chances of it getting rejected near trendline.
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USDCHFThe US dollar has rallied for the last month relentlessly against the Swiss franc. This will more likely than not continue to be the case, but we are getting a bit overstretched. I would anticipate a short-term pullback this coming week, with buyers coming back in to pick up the market. Longer term, it is very likely that we will go looking to reach the parity area, which will attract quite a bit of attention in and of itself.
