USDCHF Bullish As we are still within heavish momentum within the markets, we're still expecting a lot of USD pairs such as the one above to continue its bullish run towards the upside especially after supporting its current market structure.
USDCHF trade ideas
Falling towards overlap support?USD/CHF is falling towards the support level which is an overlap support that lines up with the 38.2% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 0.8849
Why we like it:
There is an overlap support that lines up with the 38.2% Fibonacci retracement.
Stop loss: 0.8799
Why we like it:
There is a pullback support level.
Take profit: 0.8915
Why we like it:
There is a pullback resistance level that is slightly below the 78.6% Fibonacci retracement.
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USDCHF**USDCHF:**
The forecast is for a small pullback before the bullish trend continues.
Slight rise to the zone between 0.87552 and 0.87249.
USDCHF to continue in the upward move?USDCHF - 24h expiry
Daily signals are bullish.
20 1day EMA is at 0.8806.
The overnight dip has been bought into and there is scope for further bullish pressure going into this morning.
We look to buy dips.
Our outlook is bullish.
Support is located at 0.8800 and should stem dips to this area.
We look to Buy at 0.8806 (stop at 0.8778)
Our profit targets will be 0.8876 and 0.8886
Resistance: 0.8853 / 0.8875 / 0.8890
Support: 0.8834 / 0.8820 / 0.8794
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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Scenario on USDCHFIn this market, according to everything, a triangle is forming that completes wave D, which is also further proven by the last formation at the top of the channel, where there is also resistance at the price level of 0.88900, where there is also the fibo 0.618 of the previous wave, which further convinces me to think about shorts, but it is not yet completely confirmed, so wait.
USDCHF - LongPlanning a long position on USD/CHF due to multiple bullish signals: a breakout above the previous lower high, a confirmed trendline breakout, and a bullish divergence providing strong confluence for upward momentum.
Scalping USDCHF -- 10 green candles -> slight correction
One of the easiest reversal moves to anticipate is when anytime the same color candle prints 10+ times in a row. When 9 out of 10 candles in a sequence are green, for example, you'll often see a slight correction, perfect for a scalp.
This is what we're seeing here on USDCHF, pointed out by Rev10 indicator. The SMA 200 was also in a downtrend, reinforcing our confidence in a quick short.
Short 0.88489
TP 0.88399 for potential $762.88
750k units
WajaniTV 4HR analysisI trade what I see. I see the market has stretch it limits. The market is currently making LH and LL as seen from 1-3. There's a strong resistance at point 3 and moving to the left is support i.e support becomes resistance. With that said, I'm looking to short the market.
Let me know your thoughts.
USDCHF LongsDXY Longs Expected
Weakness in CHF
Looking to Buy the support 88600 if market can break above and retest the area
Bullish bounce off the overlap support?The Swissie (USD/CHF) is falling towards the pivot which acts as an overlap support and could bounce to the 1st resistance level.
Pivot: 0.8746
1st Support: 0.8632
1st Resistance: 0.8913
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
USD/CHF Eyes Major Breakout Amid Downtrend and Support RetestUSDCHF is at a critical juncture, where the price must either confirm a bullish reversal by breaking key resistance or continue its bearish trajectory. The price has recently rebounded off a critical support level near 0.8400, a historical demand zone. This suggests that buyers are defending this level strongly. RSI is trending upward from oversold territory but is still below 60, suggesting mild bullish momentum within the broader bearish structure. That shows a possible retracement not reversal. Look for a short around 0.90000 level, if breakout is confirmed, then the long is confirmed.
USDCHF Buyers In Panic! SELL!
My dear followers,
This is my opinion on the USDCHF next move:
The asset is approaching an important pivot point 0.8886
Bias - Bearish
Safe Stop Loss - 0.8930
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 0.8816
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
USD/CHF - H4 - Wedge BreakoutThe USD/CHF pair on the H4 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Wedge pattern. This suggests a shift in momentum towards the downside in the coming Days. FX:USDCHF
Key Points:
Sell Entry: Consider entering a short position around the current price of positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 0.8689
2nd Support – 0.8619
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
USDCHF Potential UpsidesHey Traders, in the coming week we are monitoring USDCHF for a buying opportunity around 0.87800 zone, USDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.87800 support and resistance area.
Trade safe, Joe.
USD/CHF Possible SellCurrently, there's a strong sell opportunity on the USD/CHF pair. This setup presents a great risk-to-reward ratio with three take profit levels strategically placed. The market is showing a clear trend, and the technical indicators support a potential downside movement. With careful risk management, this trade offers an excellent chance to capitalize on the current market conditions. Make sure to monitor the price action closely as it progresses toward the take profit targets. As always, ensure your stop-loss is set to manage risk effectively while targeting those key levels.
USDCHF Nears 1Y Pivot, Resistance May Drive DeclineHello,
As highlighted in the previous analysis, FX:USDCHF has experienced a decline. Currently, we are observing a movement towards the 1-Year Pivot Point (PP). If this level acts as resistance, we could see further downside.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
USDCHF POSSIBLE BUYThe market is currently testing the current DAILY area which possibly be a neckline for a possible H&S that could be forming. Based on 4HR TF, the market seems to be forming a possible reversal chart pattern.
We could see Buyers coming in strong should the current level hold.
Disclaimer:
Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account.
High-Risk Warning
Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.
USDCHF Buy Opportunity – Falling Wedge BreakoutA potential bullish setup is emerging on USDCHF, driven by a Falling Wedge pattern. This pattern suggests that bearish momentum is weakening, paving the way for a bullish breakout.
Pattern Overview: The pair has been consolidating within a falling wedge, with price action forming lower highs and lower lows in a contracting range.
Breakout Signal: A breakout above the wedge's upper trendline would confirm bullish momentum, signalling a potential trend reversal or continuation of the larger bullish move.
Entry Strategy: Enter a buy order after a confirmed breakout and retest of the wedge's upper trendline as support.
Stop Loss: Place below the most recent swing low inside the wedge for a favorable risk-reward ratio.
Key Notes:
Monitor USDCHF closely for confirmation of breakout strength. Fundamental events affecting USD and CHF, such as economic data releases or geopolitical developments, could accelerate the move.
USDCHF What Next? BUY!
My dear subscribers,
USDCHF looks like it will make a good move, and here are the details:
The market is trading on 0.8802 pivot level.
Bias -Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.8854
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
Short USDCHFUSDCHF making a bearish divergence also a reversal pattern of
H&S, we will put our entries at these points.
USDCHFHello Traders,
USDCHF has taken out the liquidity. It is still not confirmed if it is bullish, but we need to watch the 15-minute break of structure (BOS) to set up a bullish trade.
Otherwise, we will wait and see.
Bonne Chance!
Bullish bounce?The Swissie (USD/CHF) is falling towards the pivot which is a pullback support and could bounce to the 1st resistance which is a pullback resistance.
Pivot: 0.8765
1st Support: 0.8709
1st Resistance: 0.8828
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
