Support and ResistanceGood day traders, i hope ya'll have been well. Lets take a look at USDCHF. As ya'll can see in the setup above we have a clear support and resistance indicated by the blue and red zones, and because our trend has been a downtrend on the weekly timeframe it is safer to look for sells, not just because of that but price just rejected the resistance and also based on additional technical analysis. please scale down to lower timeframes and find suitable sell entries for your accounts
CHFUSD trade ideas
USDCHF Analysis Today: Technical and Order Flow Analysis !In this video I will be sharing my USDCHF analysis today, by providing my complete technical and order flow analysis, so you can watch it to possibly improve your forex trading skillset. The video is structured in 3 parts, first I will be performing my complete technical analysis, then I will be moving to the COT data analysis, so how the big payers in market are moving their orders, and to do this I will be using my customized proprietary software and then I will be putting together these two different types of analysis.
USDCHF - Sell Opportunity After Support BreakOANDA:USDCHF has broken below a key support zone, indicating a potential shift in momentum. The price may now retest this zone, which previously acted as support and could serve as resistance, aligning with a potential bearish continuation.
If sellers confirm resistance at this level, the price is likely to decline further toward the 0.88640 target, which serves as a logical level for this setup. Conversely, a break back above the zone could signal a potential bullish reversal.
Traders should watch for bearish confirmation signals, such as bearish engulfing candles, strong wicks rejecting the resistance zone, or increased selling volume, before considering short positions. Let me know your thoughts or any additional insights you might have!
Market Analysis: USD/CHF Dips FurtherMarket Analysis: USD/CHF Dips Further
USD/CHF declined and now struggling below the 0.8950 resistance.
Important Takeaways for USD/CHF Analysis Today
- USD/CHF declined below the 0.8975 and 0.8950 support levels.
- There is a short-term contracting triangle forming with resistance near 0.8910 on the hourly chart at FXOpen.
USD/CHF Technical Analysis
On the hourly chart of USD/CHF at FXOpen, the pair started a fresh decline from well above the 0.9000 zone. The US Dollar dropped below the 0.8975 support to move into a negative zone against the Swiss Franc.
The bears pushed the pair below the 50-hour simple moving average and 0.8920. Finally, the bulls appeared near the 0.8870 level. A low was formed near 0.8871 and the pair is now consolidating losses.
There was a minor increase and the pair tested the 23.6% Fib retracement level of the downward move from the 0.9036 swing high to the 0.8871 low. On the upside, the pair could face resistance near the 0.8910 level.
There is also a short-term contracting triangle forming with resistance near 0.8910. The next major resistance is near the 50% Fib retracement level of the downward move from the 0.9036 swing high to the 0.8871 low at 0.8950, above which the pair could test the 0.8975 level.
If there is a clear break above the 0.8975 resistance zone, the pair could start another increase. In the stated case, it could even surpass 0.9000.
On the downside, immediate support on the USD/CHF chart is 0.8900. The first major support is near the 0.8870 level. The next major support is near 0.8850. Any more losses may possibly open the doors for a move toward the 0.8820 level in the coming days.
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Sell opportunities on USDCHF H4This is a practice from a new DAY TRADING course I'm taking, for logging purposes.
Normally I would look for this kind of patterns on M15, but in this instance, on H4 it is very clear.
Here are my ideas for USDCHF shorting.
Please do not trade as my analysis might be incorrect.
I encourage constructive feedback.
If you did trade, make sure the drawing is respected, don't use exact values as they might differ from a broker to another.
Explanations:
MIN - last minimum point
MAX - last maximum point
BOS - break of structure
SMS - shift in market structure
SL - stop loss
TP - take profit
RR - risk reward
OB - order block
OB (15) - order block (based on M15) timeframe
USDCHF eyes bullish bat patternOn the daily chart, USDCHF has a short-term shock and fall, and the bears have the upper hand. At present, we can pay attention to the area below 0.8780, which is a potential buying position for the formation of a bullish bat, and this position is in the previous demand area.
USDCHF H4 I Bearish Reversal Based on the H4 chart, the price is rising toward our sell entry level at 0.8948, aligning with the 50% Fibonacci retracement.
A rejection at this level could drive prices lower toward our take profit at 0.8888, a swing low support.
The stop loss is set at 0.8990, a pullback resistance.
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USDCHF SHORTMarket structure Bearish on HTFs DH
Entry at Daily AOi
Weekly rejection at AOi
Daily Rejection at AOi
Daily EMA retest
Previous Daily Structure point
Round Psych Level 0.90000
H4 EMA retest
H4 Candlestick rejection
Rejection from Previous structure
Levels 4.83
Entry 95%
REMEMBER : Trading is a Game Of Probability
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: Every Moment Is Unique
: Rinse, Wash, Repeat!
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USDCHF Confirms Rounded Top ScenarioOANDA:USDCHF is exhibiting a Rounded Top Pattern suggesting further decline is coming
Price is currently Breaking Confirmation of the Pattern
- RSI Below 50
- Bearish Volume Building
Waiting for a Break and Close to Validate a True Breakout
Once Validated, we can look for a Break and Retest Trade Set-up for Shorts from the .898 Area to take down to the Range Target ( .892 - .891 )
USD/CHF Breaks Key Support – Bears Taking Control?The USD/CHF pair has decisively broken below its 200-EMA (0.8887) and key horizontal support (0.8915), signaling a potential shift in momentum toward further downside. After failing to hold above 0.90, sellers have stepped in, dragging price action lower.
🔍 Technical Overview:
✅ Support Break – The loss of 0.8915 puts 0.88 in focus.
✅ 200-EMA Breached – A significant bearish technical development.
✅ RSI at 37.52 – Momentum is weak but not yet oversold.
✅ MACD Bearish – The bearish crossover remains intact, confirming downward pressure.
📌 Key Levels to Watch:
🔹 0.8915 – Broken support, now resistance; bears defending it strongly.
🔹 0.8800 – Next major support level; a break below could accelerate selling.
🔹 0.9000 – Bullish recovery only valid above this level.
💡 Trading Outlook:
🔻 Bearish case: As long as USD/CHF remains below 0.8915, bears are in control. If 0.88 breaks, it could open the door toward 0.87.
🔺 Bullish case: Buyers need to reclaim 0.8915 and the 200-EMA to shift momentum back in their favor.
With the USD showing weakness, CHF bulls could push further downside. Is this the start of a new downtrend, or will buyers step in at 0.88? 🚨
USDCHF Trade ideaThe currency pair lost its shine on board-based US dollar selling. It hit an intraday low of 0.88717 and is currently trading around 0.89060. The intraday bias appears to be bearish as long as the resistance 0.9035 holds.
Technical Analysis and Resistance Levels
The pair is trading below the 34-EMA and 55-EMA on the 4-hour chart indicating a bearish trend. The immediate resistance is at 0.8940 any break above targets 0.9000/0.9035/0.9070/0.9100/0.9150/0.9200/0.92250/0.9275/0.9030.
Support Levels and Potential Declines
On the downside, near-term support is around 0.8890, any violation below will drag the pair to 0.8800/0.8720.
Indicators
CCI (50) - Bearish
Directional movement Index - Bearish
Trading Strategy Recommendation
It is good to sell on rallies around 0.8955-57 with a stop-loss at 0.9000 for a TP of 0.8800.
USD/CHF BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
Bullish trend on USD/CHF, defined by the green colour of the last week candle combined with the fact the pair is oversold based on the BB lower band proximity, makes me expect a bullish rebound from the support line below and a retest of the local target above at 0.901.
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