USD/CHF Weekly Analysis - Trading Insights for the Week AheadWelcome to our weekly USD/CHF analysis In this post, we'll provide you with a comprehensive outlook for the USD/CHF currency pair for the upcoming trading week.
📈 Key Weekly Analysis Points:
- Strong Resistance Levels: Explore the critical resistance levels to monitor during the upcoming trading sessions.
- Technical Indicators: Get insights into the technical indicators shaping the USD/CHF's potential movements.
- Market Sentiment: Assess the current market sentiment and its potential impact on the pair.
- Trade Strategies: Discover potential trading strategies and setups for the week ahead.
If you're a trader or investor interested in USD/CHF, this post offers valuable insights to help you navigate the markets effectively on TradingView.
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Disclaimer: This analysis is for educational purposes only and should not be considered as financial advice. Always conduct your research and consult with a financial advisor before making any trading decisions. Trading involves risks, and it's crucial to manage them wisely.
Weekanalysis
BTCUSD Long-Term Trend up.BTCUSD Long-Term Trend up.
Currently facing resistance at the high of $20,000 before December 2017, it should first fall to support and then break through the important resistance of $20,000.
According to Fibonacci technical analysis: the March 2020 low of $3,850 and the recent high of $19,918 do Fibonacci extension forecast, there is a chance to rise to $30,000.
GBPJPY: AnalysisGoodmorning Traders!
Price has broke out of consolidation and hit my median line and is now deciding which way it wants to go. Price is in a key zone that it has pulled away from several times in the past, the market doesn't like this area nor the one above or below the one it is currently in now. In the zones I have, price has always either consolidated then made a big move or price gets to the key area and goes right through. Waiting on more confirmations before making a decision on direction, and for execution on smaller time frames.
What I predict to happen is a pull back, then price will fall into the zone below, which if that happens it will be a nice 400+ pip move which I have displayed on the chart for you guys. Overall I think price will keep falling.
Any Thoughts Leave Them Below! Make Sure You Leave A Like!
Channel The Gas!*DISCLAIMER*-This is WEEKLY Chart- Not advisable to trade without an proper analysis. Not my fault if you traded and made a loss.
It is not like trading on M15 or H4, ONE Candlestick is actually 1 week so it is long term trade. I will explain how to better catch the trade at correct level with no risk.
The Natural Gas is in Channel, there has been multiple bounces on inside of channel trends.
Price is approaching to support since 29th February 2019 where price has made the lowest low.
There are support level where the 1st buy will be if price doesn't make it all the way to channel trendline likely in most case it will come short and go up.
Lots of wicks incites that price has breaking out moment so breakouts can occurs at any time.
Look for candlestick patterns like 3 Advancing Soldiers or Hikkake Pattern for an proper buying confimation BUT...
If price has broken the support, it will be likely to bounce off channel trendline with candlestick pattern like Hammer, Bullish Harami, Morning (Doji) Stars Patterns and Long Lower Shadow.
Please Google those candlestick pattern so you know what to look for once price are near to the key level for you to buy and hold over the weeks holding until the target is reached of around 3.0 - 4.5.
This is just an idea, i will be following this and updating the progress as week goes by.
USDJPY week analysis +DAY chart in comment section [80pips]High chance to see USD dominatio in next period. Weekly sentiment strong bulish
ENTRY: 108.400+-
TP1: 108.700
TP2: 109.000
TP3: 109.200
SL: 107.700
Chart time frame - WEEK
Time for reaching TP - 1 - 4 weeks
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