USDCHF LONGPRZ zone RSI oversold Reducing the willingness and power of seller Longby kevinbabaeiPublished 4
USDCHF Analysis: Bullish Reversal Anticipated Following a significant bearish trend, USDCHF is showing signs of a compelling pullback, suggesting a potential bullish reversal. Based on comprehensive technical analysis and market indicators, I anticipate increased demand for USDCHF, leading to a bullish move. Reasons for Anticipating High Demand and Bullish Reversal: Oversold Conditions: The prolonged bearish trend has pushed USDCHF into oversold territory, as indicated by the RSI. This suggests that selling momentum is exhausted, and buyers are likely to step in. Support Level: The pair has reached a strong support zone, which has historically acted as a critical level for reversals. The price action near this support suggests that the downward pressure is weakening. Bullish Divergence: A noticeable bullish divergence between the price and the RSI signals that the bearish momentum is losing strength and a reversal is likely. Volume Analysis: Increasing volume during the recent upward movements indicates growing buying interest, which often precedes a trend reversal. Trade Setup: Entry: Consider entering long positions around the current levels. Targets: Aim for key resistance levels that align with the bullish reversal pattern. Stop Loss: Place a prudent stop loss below the recent support level to manage risk. This analysis highlights a high-probability trading opportunity based on solid technical foundations. The anticipated bullish reversal is backed by a confluence of factors that suggest growing demand for USDCHF. Stay tuned for further updates and detailed insights! Risk Warning: Trading financial instruments, including forex, involves a high level of risk and is not suitable for all investors. The analysis and opinions provided here are based on personal insights and are intended for educational purposes only. There is no guarantee of profit, and past performance is not indicative of future results.Longby forexNetwork10Updated 4
USD/CHF Analysis: Bearish Trend and Potential Reversal ZonesThe USD/CHF continues to decline and may encounter its first support in the demand area around the 0.8800 level. This ongoing downward movement has prompted us to close a previous short position on this pair, which you can find linked below. Recently, the Swiss National Bank (SNB) reduced its key interest rate by 25 basis points for the second consecutive meeting in June. This decision was influenced by subdued inflationary pressures and the resilience of the Swiss Franc, contributing to the current bearish trend in USD/CHF. The rate cut underscores the SNB’s efforts to stimulate the economy amidst low inflation, which in turn has strengthened the Franc. Looking ahead, the bearish pattern in USD/CHF may persist until the first week of August. However, we are closely monitoring potential reversal zones. The next key demand areas, as indicated in the chart, could provide opportunities for a reversal if the bearish trend loses momentum. Traders should remain vigilant and watch for any signs of a trend change, particularly around these demand areas. Identifying these zones is crucial for planning potential entry and exit points in anticipation of a market reversal. For further details and to review our previous short position, please refer to the link below. ✅ Please share your thoughts about USD/CHF in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.Shortby FOREXN1Published 111
USD/CHF Dips as Strong Swiss GDP Data Boosts FrancThe USD/CHF pair experienced notable selling pressure around the 0.9100 mark on Thursday during early European trading hours. This downward movement was primarily driven by the Swiss Franc (CHF) gaining traction following the release of a stronger-than-expected Gross Domestic Product (GDP) report for Switzerland in the first quarter (Q1) of 2024. As a result, the USD/CHF pair is currently trading 0.35% lower for the day. Switzerland's economy continued to show resilience and growth in Q1, as reported by the State Secretariat for Economic Affairs (SECO) on Thursday. The country's GDP increased by 0.5% quarter-over-quarter (QoQ), which exceeded both the previous quarter's growth of 0.3% and market expectations. On a year-over-year (YoY) basis, the GDP figure rose to 0.6%, outperforming the market consensus of 0.5%. This strong economic performance provided substantial support to the Swiss Franc, consequently driving the USD/CHF pair down to its weekly lows. The positive GDP data highlights the underlying strength of the Swiss economy, suggesting robust economic activity despite global uncertainties. The stronger economic performance is likely to influence the Swiss National Bank's (SNB) monetary policy stance, potentially leading to a more hawkish outlook, which further supports the CHF. From a technical perspective, the USD/CHF pair shows signs of a potential bearish reversal. On higher timeframes, a divergence has been observed, indicating that the recent price action might not be sustainable. The pair has also reached a significant demand area, as identified in the red rectangle, which has historically acted as a support zone. This confluence of technical factors suggests that the USD/CHF pair may be poised for further downside movement. Additionally, the broader market sentiment and the performance of the US Dollar (USD) also play a crucial role. The USD has faced pressure from mixed economic data and shifting expectations regarding the Federal Reserve's monetary policy. If the US economic indicators continue to show signs of slowing growth or if the Federal Reserve adopts a more dovish stance, the USD could weaken further, adding to the bearish outlook for the USD/CHF pair. Given these fundamental and technical factors, we are looking for a bearish setup on the USD/CHF pair. Investors and traders should closely monitor upcoming economic data releases, particularly from Switzerland and the United States, as well as any statements from central bank officials, which could provide further insights into the potential direction of the pair. In summary, the combination of strong Swiss economic performance, technical indicators pointing to a potential reversal, and the broader market dynamics suggests that the USD/CHF pair may continue to face downward pressure. This creates an opportunity for traders to consider bearish strategies, taking advantage of the current market conditions.Shortby FOREXN1Updated 337
USDCHF: Long Signal with Entry/SL/TP USDCHF - Classic bullish setup - Our team expects bullish continuation SUGGESTED TRADE: Swing Trade Long USDCHF Entry Point - 0.8872 Stop Loss - 0.8834 Take Profit - 0.8946 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignalsPublished 113
USDCHF Sell IdeaUSDCHF is in a downtrend in the 4-hour timeframe. It's following a channel, that it has touched and respected severally. It has also been in a short-term uptrend and respecting an ascending trendline which it broke upon bouncing off from the upper line of the channel. The price is also currently at a resistance level. If it manages to break this level and close below it, chances are high that the downtrend will continue to around 0.88840 or 0.88340.Shortby John_MwanikiUpdated 227
USDCHF:Hello Traders, I'll short the pair after a confirmation, I'm more eager to short around top of the short-term channel. This is the daily chart, A clear bearish channel is obvious. We have perfectly reacted to the top of this channel. And this is 2h chart. A bullish channel formed and is broken now! We even observed a reversal and we are waiting for more bearish days, At least to the middle of long-term channel.Shortby AliSignalsUpdated 3
USDCHF - UniverseMetta - Analysis#USDCHF - UniverseMetta - Analysis At the beginning of W1 5 and wave structure and in D1, you can configure the 2nd option for implementing the 3rd wave. Further along the movement, you can go to H4, consolidating with the trend trend, which may indicate the prospects for a fall. Enter the market with a Target of 0.87806. Cancellation of ideas when the price is fixed at 0.89825 Target 0.88825 - 0.87806Shortby Trade-U-MettaPublished 3
USD/CHF H4 | Potential bullish bounceUSD/CHF is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.8932 which is a pullback support. Stop loss is at 0.8901 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level. Take profit is at 0.8995 which is a pullback resistance that aligns with the 61.8% Fibonacci retracement level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. 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. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.Longby FXCMPublished 6
Continue Reading Price Action of EURUSD, GBPUSD and USDCHF ChartLet's Make a quick Review of Charts and continue reading Price action and Looking for Trade Opportunities, Good Luck With Your Trades :D19:05by FXSGNLSPublished 1
USDCHF GOING DOWNBOS wait for the reversal then execute TP target always set where it makes sense to you.by percynkabinde36Published 332
USDCHF Trendi always go for bigger time frames when comes to bigger time frames met small time frames, Strongly believe DXY will dump again. Lets try Shortby BKGTrader35Published 2
USDCHF Medium cycle USDCHF is in a trading range now. its had a bearish trend but it was because of the news. so the bearish trend will not last long. and i think now USDCHF is bullish but its will react to the trading range roof. also the DXY is on a supportive line so its confirm my scenario. Its just my personal comment don't trade whit this.Longby Arco-irPublished 2
USDCHF Analysis: Bullish Reversal Anticipated Following a significant bearish trend, USDCHF is showing signs of a compelling pullback, suggesting a potential bullish reversal. Based on comprehensive technical analysis and market indicators, I anticipate increased demand for USDCHF, leading to a bullish move. Reasons for Anticipating High Demand and Bullish Reversal: Oversold Conditions: The prolonged bearish trend has pushed USDCHF into oversold territory, as indicated by the RSI. This suggests that selling momentum is exhausted, and buyers are likely to step in. Support Level: The pair has reached a strong support zone, which has historically acted as a critical level for reversals. The price action near this support suggests that the downward pressure is weakening. Bullish Divergence: A noticeable bullish divergence between the price and the RSI signals that the bearish momentum is losing strength and a reversal is likely. Volume Analysis: Increasing volume during the recent upward movements indicates growing buying interest, which often precedes a trend reversal. Trade Setup: Entry: Consider entering long positions around the current levels. Targets: Aim for key resistance levels that align with the bullish reversal pattern. Stop Loss: Place a prudent stop loss below the recent support level to manage risk. This analysis highlights a high-probability trading opportunity based on solid technical foundations. The anticipated bullish reversal is backed by a confluence of factors that suggest growing demand for USDCHF. Stay tuned for further updates and detailed insights! Risk Warning: Trading financial instruments, including forex, involves a high level of risk and is not suitable for all investors. The analysis and opinions provided here are based on personal insights and are intended for educational purposes only. There is no guarantee of profit, and past performance is not indicative of future results.Longby forexNetwork10Published 1
USDCHF - Expect a bullish trendIts will form a new HH, I have seen a tweezer bottom candle.. I can see a good upward trend... Key levels are definedLongby jahanzaibbukhariPublished 224
USDCHF - OUTLOOKHere is a trade idea to join bearish trend. "May fortune attend thee, and thy trade prosper." .......L2EarnedShortby L2EarnedUpdated 224
USDCHF: Long Trading Opportunity USDCHF - Classic bullish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Buy USDCHF Entry - 0.8936 Stop - 0.8916 Take - 0.8972 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignalsPublished 111
USDCHF Sellers In Panic! BUY! My dear friends, USDCHF looks like it will make a good move, and here are the details: The market is trading on 0.8943 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 0.8985 Recommended Stop Loss - 0.8918 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis ——————————— WISH YOU ALL LUCK Longby AnabelSignalsUpdated 114
USDCHF**USDCHF:** This week's forecast is for the price to rise to the zone between 0.90189 and 0.90460 and then fall again. Longby simaoxcepsPublished 2
USD/CHF H4 | Potential Bullish BounceUSD/CHF is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.8932 which is a pullback support. Stop loss is at 0.8901 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level. Take profit is at 0.8995 which is a pullback resistance that aligns close to the 61.8% Fibonacci retracement level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd , previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. 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. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.Longby FXCMPublished 2
USDCHF H4 Projection! Now price moving above the FVG zone. Before initiating long positions Wait until the price reaches the fair value gap and make a bullish price action structure. Good Luck Longby alirazaibitPublished 222
TRADERS BEWARE! -- Possible stop huntI have already entered a short last week at the peak of the daily tf retracement, but here is an idea if some traders have missed out on an entry. As you can see price bounced off the upper bounds of the daily tf channel with an RSI divergence. A cup and handle pattern appeared and there was a massive bearish engulfing candle that broke out of the CnH pattern. It is possible that aggressive traders have entered shorts immediately once it broke down and placed their stops above the handle. Those retail trades are easy money for institutions and hedge funds to gobble up by pushing price past that red liquidity zone before entering their own short positions. Once that happens, I will hop on the bandwagon. What do you think about this idea?Shortby gunhyPublished 2