USDCHF, H1 - Retest on resistance levelPrice broke down from parallel channel and now restest it. Price stopped at resistance level so it is possible to move down in the direction of 0.8480 and then 0.8440.
CHFUSD trade ideas
USDCHF out lookUs dollar vs swiss franc out look
Today it has made a beautiful move upwards now it seems like it will retouch its previous support level and then fly over to its Resistance level also the pair is having resistance over its 50 SMA over 1 Hourly TF
So we are bullish over USDCHF after getting support it will continue its bullish move
USDCHF Short Opportunity Downtrend Continuation: The USDCHF is in a clear downtrend, indicated by the sequence of lower highs and lower lows. This is further confirmed by the downward slope of the 50-period and 200-period moving averages.
Moving Averages: The price is currently below the 50 and 200-period SMAs, which are both sloping downward. This further supports a bearish outlook.
USDCHF | 03.09.2024SELL 0.85240 | STOP 0.85740 | TAKE 0.84550 | The USDCHF pair is correcting to the long-term downward trend and growing for the fourth session in a row. The US dollar is receiving support amid the publication of positive data on gross domestic product for the second quarter.
Awaited Dollar Rebound, Too Expensive FrancCHF
- Market Internals
- SNB doesn't like it high
USD
- Strong GDP data. Claims were released slightly below the cons.; ISM PMI positive expectations
- Oversold dollar due to exaggerated cut expectations
- Bullish CFTC
Technical & Other
Setup: TR(B)
Setup timeframe: 4h
Trigger: 1h
Medium-term: Down
Long-term: Down
Min target: Local mirror level, 3R
Risk: 0.22%; 1R
* 1st entry 0.5R near the down band of the local range (buy limit); 2nd 0.5R when 1h closed above DMA(10)
USD/CHF Correction view(09/03/2024)After a sharp move from lower prices in USD/CHF/ the Price has jumped from 0.84 to 0.853.
The last Upward leg had low momentum and finally reached its peak and reversed after CHF Inflation Data.
Right now the price is declining indicating the price is heading toward lower prices.
Our technical view has been shown in the chart.
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Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
USDCHF: Short Signal with Entry/SL/TP
USDCHF
- Classic bearish formation
- Our team expects fall
SUGGESTED TRADE:
Swing Trade
Sell USDCHF
Entry Level - 0.8524
Sl - 0.8570
Tp - 0.8451
Our Risk - 1%
Start protection of your profits from lower levels
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USDCHF GONNA FLY AWAY According to G STYLE
USD/CHF gonna react the target without hitting the stop lose .
It is not an imagination but it is a braviary.
USD/CHF "Swissie" Bank Money Heist Plan on Bullish SideHola ola My Dear,
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Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 2H timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
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USDCHF Short - When the masses are long...No higher high, topped out on a monday and built a beautiful obvious uptrend. Flush it!
USDCHF Double Top USDCHF double top right before CHF news. I anticipate downward movement from this pair the whole day. Sell now and take profit at 0.8222. This is a swing trade and the motion starts here
USDCHF may jump upto orderblock with news!USDCHF was in a strong downtrend for few months and finally started to move after bouncing back from support level. We see an order block on the monthly support, and a change of trend after retesting the support level.
We see back to back two 4h Liquidity Candle formation signaling potential uptrend to next order block where downtrend started.
News may provide further strong fuel to the upside, a possible bullish trade is high probable
USDCHF H4 | Bullish Reversal Based on the H4 chart analysis, the price is in a bullish momentum. Wait for the price to pullback to our sell entry at 0.8509, which serves as a pullback support.
Our take profit will be at 0.8583, a pullback resistance level close to 50% Fibo retracement.
The stop loss will be at 0.8452, an overlap support level.
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Potential bullish rise?USD/CHF has reacted off the pivot which acts as an overlap support and could rise to the pullback resistance.
Pivot: 0.8502
1st Support: 0.8444
1st Resistance: 0.8569
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Analysis for SeptemberAnalysis for the month of September
we hope the dxy reaches level 103 to 104
in GBPUSD and EURUSD we bring a bearish trend
USD/CHF1. clear downtrend
2. support zone was broken, price is retesting the zone as resistance for the second time
3. bearish engulfing candle on 1h
USD/CHFTechnical Analysis: USD/CHF
A short term transaction
Entry prices:
0.88634
Profit limit:
0.88999
0.89383
Loss limit:
0.88283
Before using this signal and analysis, be sure to check your analysis chart.
Attention!!!
In these analyses, only technical analysis is considered
Therefore, be sure to check the initial news before entering.
Attention!!!
If the trading symbol of the bank is closed, do not trade that symbol!!
Attention!!!
100% does not exist in financial markets
So don't enter this signal hoping for a definite profit
USD/CHF Recovery Gains Momentum on Robust US Growth DataThe USD/CHF pair continued its recovery on Monday, trading around the 0.8517 level. This uptick in the pair is largely driven by a stronger US Dollar (USD), which gained momentum following stronger-than-expected US economic growth data.
The recent Gross Domestic Product (GDP) report revealed that the US economy expanded more rapidly than anticipated in the second quarter, reducing market expectations for a larger 50 basis points (bps) rate cut by the Federal Reserve (Fed) in September. According to the second estimate released by the Bureau of Economic Analysis (BEA) last Thursday, the US GDP grew at an annualized rate of 3.0% in Q2, up from the initial estimate of 2.8%. Additionally, US Initial Jobless Claims fell to 231,000 for the week ending August 24, slightly below the projected 232,000, further supporting the Greenback.
From a technical perspective, the USD saw a significant rebound after touching our identified Demand area, where the price swiftly reversed direction. This area has proven to be a strong support level, reinforcing the bullish momentum. Moreover, the latest Commitment of Traders (COT) report highlights a marked bearish sentiment among retail traders, which, when combined with the Demand area, signals a potential continuation of the long setup.
In summary, the combination of robust US economic data, a resilient Demand area, and the bearish positioning of retail traders suggests that the USD/CHF pair may continue its upward trajectory in the near term. Traders should keep an eye on this setup as it could present further opportunities for long positions.
PREVIOUS FORECAST
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USDCHF - 4hrs ( Buy Trade Target Range 200 : 400 PIP ) Pair Name : USD/CHF
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
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spreading knowledge among us and to clarify the most importan+t points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
Key Technical / Direction ( Long )
Type : Mid Term Swing
———————————
Bullish Break
0.85200 Area
Reasons
- Major Turn level
- Visible Range Hvn
- inner Trend
- Fixed Hvn
- Pattern Break
- Day High Break
- Fibo Golden
Bearish Reversal
0.86400
Bearish Reversal
0.89000
USDCHF - ANALYSISHello friends
I want to share with you my opinion about the Swiss Franc
What I see in the chart, I expect to move down a little more, that is, to the area of 0.84750 , and the currency of that area to move towards my main target, which is 0.86300 .
Don't forget that Swiss CPI will be published on Tuesday and it can cause big fluctuations in the chart
Trade safe
USDCHF FORECASTThe Swiss Franc resurgence across the board can no longer be ignored. Week 1 of September 2024, we are waiting for the release of key macroeconomic data from Switzerland (CPI) and USA (NFP).
As it is, the Swiss Franc is stronger across major currencies and we can only expect its resurgence to continue. Presently, USDCHF is yet to give a clear direction.
should the NFP data come out weaker, we expect USDCHF to break lower as indicated by the blue path then rally to the unmitigated supply zones.
In the event NFP comes out better than expected, we expect increased uncertainty and volatility, price is expected to rally without forming new lows as indicated by the orange and the red paths.
It is important to note that, should price rally to the unmitigated zone around 1.015 and fail to break higher, a head and shoulder formation would be complete indicating a future price drop
USDCHF**USDCHF:**
This week's forecast will be for the price to fall to the bottom created last week for a retest to reverse the trend after.
