USDCHF**USDCHF:**
This week's forecast is for the price to touch the key level at 0.87233 and reverse the trend.
CHFUSD trade ideas
USDCHF try to go up moreUSDCHF after a long fall, are bring value for the DXY that raise and CHF that stopped his run. But now we are at key level, and last news confused more the direction. I stay still with long view, searching support level or interest area, and now we are near some to high impact. My dream target is 0.878 (around), and first target is 0.868
USDCHF 2024.10.21 01:45:05 Trading Signal BUY FrankPro Signal for USDCHF
Type: Screen
Signal: BUY
TP: 0.86846
SL: 0.86438
Entry Price: 0.86489
Flexity Analysis for USDCHF
Forecast Overall(Short-Term, Long-Term): ST=Probably Up LT=Strong Up
Forecast Methods(Short-Term, Long-Term):
ST=Up LT=Up
ST=Down LT=Up
ST=Up LT=Up
FlexityIndicator Analysis Method(0)
USD/CHF Currency Pair Analysis
Short-term Analysis (Next Few Days)
Key Points Analysis
Resistance Zone The pair has broken the resistance zone between 0.8600 and 0.8673, which is expected to accelerate the upward movement.
Technical Outlook The technical outlook indicates a bullish potential direction, with the overall momentum remaining bullish.
Key Resistance Level The key resistance level at 0.8730 is expected to be reached, and the pair may continue its positive trading.
FX Option Expiries The significant FX option expiries at 0.8675 could influence price movements, but the overall trend is expected to remain upward.
Expected Short-term Price Movement:
UP
Long-term Analysis (Next Few Weeks/Months)
The US Dollar's strength, driven by strong labor and inflation data, is expected to continue supporting the pair's upward movement.
The Swiss Franc's downside could be limited due to safe-haven flows amid rising Middle-East tensions, which may slow down the pair's upward movement but not reverse it.
The stability of the Swiss economy and its dependence on the Eurozone economies will also play a role in the Swiss Franc's valuation, but the overall trend is expected to remain upward.
Expected Long-term Price Movement:
UP
Note:
The analysis is based on the provided data and forecasts, but it's essential to keep in mind that market conditions can change rapidly, and unexpected events can impact the currency pair's price movement.
Result: ST=Up LT=Up
FlexityIndicator Analysis Method(1)
USD/CHF Market Analysis
Short-term Outlook (Next Few Days)
Key Points Expectations
Temporary Correction Price expected to test support area near 0.8605
Risk of Pullback Potential correction down to 0.8574 to fill chart gap
Trend Change Confirmation Break below 0.8541 needed to confirm change in trend
Overall Outlook Slightly bearish, but with potential for quick rebound
Long-term Outlook (Next Few Weeks/Months)
Key Points Expectations
Upward Trend Continuation Targeting levels such as 0.8855
Bullish Momentum Technical indicators suggest bullish momentum, with rebound from bullish trend line on RSI and lower border of bullish channel
Breakout Above Consolidation Range Potential breakout above 0.8572, with rise to levels such as 0.8647 and potentially higher to 0.8740
Overall Outlook Bullish, with potential for significant growth
Summary
Short-term correction possible, but long-term outlook is bullish
Potential for significant growth in the long-term
Result: ST=Down LT=Up
FlexityIndicator Analysis Method(2)
USD/CHF Pair Predictions
Short-term (next few days)
Prediction Target Notes
Price expected to go up 0.8730 Potential target as the pair has broken through the resistance zone
Bearish correction possible 0.8605 Support area that could provide a buying opportunity
Breakout confirmation 0.8675 Would confirm the growth scenario
Long-term (next few weeks/months)
Prediction Target Notes
Price expected to go up 0.8855 Improved US Treasury yields and strong US labor and inflation data supporting the US Dollar
Upside limitations Swiss Franc's safe-haven demand due to rising tensions in the Middle East and potential rate cuts by the SNB
Key Takeaways
The USD/CHF pair is expected to maintain its bullish momentum in both the short-term and long-term.
Potential corrections and limitations due to economic and geopolitical factors.
Monitor economic and geopolitical data releases, such as the Swiss Trade Balance and US Retail Sales data, which could impact the pair's valuation.
Result: ST=Up LT=Up
USDCHF long term buyUSDCHF , we might see a minor sell before and buy comes ....The yellow zone is the area marked for potential buys to occur just keep an eye on it because it will shoot to the sky soon
USDCHFWeekly Support Retest
Strong Divergence on 1D TF
Accumulation zone breakout
Trend Reversal
New Highs Formation
Buy with Buy Stop
USDCHF Long - Strong Support and DivergenceMy USDCHF 1D TF idea is based on a long term support area that held strong twice,
once in January 2015 and again in December 2023
Additionally i identified a clear divergence that aligns with my bullish bias
My Trade Setup:
Long Entry: Immediate at Current Price
Take Profit and Stop Loss: as mention on the chart
Good luck
Buy RetracementGood day traders. Hope you have been well. Here is a nice setup to consider over the weekend, USDCHF. As you can see we are looking to go long , reason being that we are seeing a formation on a possible 61.8% buy retracement , meaning we are looking to buy around level 61.8% zone.
USDCHF weekly time frame inverse head and shouldersThis pair has broken out of a range on the daily time frame, Weekly engulfing candles showing bullish momentum. Waiting for the neck line to be broken then a pull back to the neckline, then on a 4 hour timeframe look for an entry signal.
Cool tip, if you flip the chart you can see it more clearly.
USDCHF to continue in the upward move?USDCHF - Intraday
Our short term bias remains positive.
The sequence for trading is higher highs and lows.
Previous resistance at 0.8635 now becomes support.
We look to buy dips.
Risk/Reward would be poor to call a buy from current levels.
20 1hour EMA is at 0.8641.
We look to Buy at 0.8642 (stop at 0.8614)
Our profit targets will be 0.8712 and 0.8727
Resistance: 0.8669 / 0.8680 / 0.8700
Support: 0.8635 / 0.8615 / 0.8600
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
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Swissy at channel resistance Intraday Update: The Swissy remains in an ascending channel and may be developing an ascending wedge as we near the 78% retracement at .8677. A break of the .8650 level would open the door to .8590 channel support.
USDCHF: Bullish Trend Continues 🇺🇸🇨🇭
USDCHF is currently trading in a strong bullish trend.
After setting a new high, the market started to consolidate
within a narrow parallel channel on a 4H.
Its resistance violation signifies a continuation of an up movement.
I expect growth to 0.8693
❤️Please, support my work with like, thank you!❤️
USDCHF SELL 0.8706On the daily chart, USDCHF stabilized and rebounded in the short term, and bulls have the upper hand. At present, we can pay attention to the resistance near 0.8706 above, which is a potential short position of the bearish bat pattern. In addition, this position is near the pressure of the downward trend line. If the price breaks through the resistance near 0.8748, the bullish trend will start.
USD/CHF looks set to leap out the gatesUSD/CHF has performed well since its latest rebound from 0.84, a level some analysts suspect prompts the SNB to intervene when prices cross beneath it. but unlike USD/JPY, its rally hasn't stalled near a big round number such as 150 or look overextended.
The daily RSI (14) is confirming the rally and not in the overbought zone. The USD-CHF 2-year spread has accelerated higher ahead of prices to suggest upside pressure could be building for USD/CHF.
And a solid bullish trend is apparent on the 1-hour chart, prices are consolidating above the weekly R1 pivot point and trades around the 20-hour EMA. on balance volume (OBV) is also confirming the bullish trend on the 1-hour chart.
Bulls could seek dips towards the weekly R1 pivot or enter around current levels in anticipation of an upside break of its consolidation. The weekly R1 makes a viable upside target, a break above which brings the R3 into focus around 0.8690.
Bullish momentum to extend?USD/CHF has reacted off the support level which is a pullback support and could rise from this level to our take profit.
Entry: 0.8634
Why we like it:
There is a pullback support level.
Stop loss: 0.8606
Why we like it:
There is an overlap support level that aligns with the 38.2% Fibonacci retracement.
Take profit: 0.8713
Why we like it:
There is a pullback resistance level that is slightly below the 78.6% Fibonacci projection.
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CPI to Knock It Off - Reentry USD:
- Undervalued according to many market internals
- CPI Beat
- Monster jobs data (NFP, Unemployment, etc.)
- USD held well on Fri-Mon so the last mixed data (Initial claims beat - dovish) was shrugged off.
CHF:
- Generally, the franc is too expensive for SNB's liking
- Bearish Internals
Technical & Other
Setup: S(B)
Setup timeframe: 1h
Trigger: 15m
Medium-term: Range
Long-term: Down
Min target: Aug highs/DMA(100)
Stop loss: 0.17%
Position size: 0.5R
Possible long entry on USDCAD. USDCAD is in a range on the weekly timeframe. The way to trade this is to buy the lows and sell the turns at the highs. USDCAD has bounced off major support and is turning bullish. It broke out of its channel and the MA is also bullish. It may offer a good long entry up to the minor resistance level on the Daily timeframe.
USDCHF SELL mode once againCan you ladies and gentlemen comment on what do you think will happen with the US dollar? TVC:DXY
USDCHF LongThe uptrend is near the end in my opinion I see a pullback breaking structure on the 4H time frame soon but it isn't confirmed yet, we shall see what USD news does but I do see liquidity resting on the down side.
USDCHF Is Bullish! Long!
Take a look at our analysis for USDCHF.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 0.862.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 0.865 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
USD/CHF BEARS ARE STRONG HERE|SHORT
Hello, Friends!
We are going short on the USD/CHF with the target of 0.854 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
✅LIKE AND COMMENT MY IDEAS✅
USDCHF Short - Swing trade ideaHi everyone !!
USDCHF is retesting the daily supply zone and the 75% Fibonacci level. It seems unlikely to break the daily LH level of 0.87478, which is my stop loss. All these confirmations in the daily time frame led me to short this pair. Let’s see how it works out. Please do your own analysis before taking my trade idea.
Sell in between 0.86590 and 0.87050 (direct order)
SL - 0.87478 (90pips)
TP - 0.83890 (270pips)
RRR 1:3
Cheers...
USDCHF H4 | Bearish Reversal Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 0.8675, which is a pullback resistance and 78.6% Fibonacci retracement.
Our take profit will be at 0.8612, an overlap support level.
The stop loss will be at 0.8731, a swing-high resistance level.
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Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd.
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USDCHF Long Analysis 17/10/25looks like it's continuing upwards, gotta a lil retracement going on and tp at the green fib levels
