USD/CHF Opens with Bullish Gap Amidst New Tariffs
USD/CHF Opens with Bullish Gap Amidst New Tariffs
Earlier today, USD/CHF opened with a bullish gap, indicating strong bullish momentum driven by new tax reforms imposed by President Trump on Canada, Mexico, and China.
However, these three countries are expected to take further steps in this ongoing economic conflict. The market has likely absorbed the news, and the odds are that USD/CHF may move down to fill the gap created.
Support areas: 0.9138 and 0.9110
However, it would not be a surprize if the price declines further beyond these levels.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. This helps me cover the cost of providing regular insights.
Earlier today, USD/CHF opened with a bullish gap, indicating strong bullish momentum driven by new tax reforms imposed by President Trump on Canada, Mexico, and China.
However, these three countries are expected to take further steps in this ongoing economic conflict. The market has likely absorbed the news, and the odds are that USD/CHF may move down to fill the gap created.
Support areas: 0.9138 and 0.9110
However, it would not be a surprize if the price declines further beyond these levels.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. This helps me cover the cost of providing regular insights.
Note
USDCHF - target 1 reached quickly :)
Note
USDCHF - Target 2 reached:)
Note
Sheinbaum says had a good conversation with Trump.
Tariffs paused for a month
Comments from the Mexican President
Says they will deploy 10,000 national guard immediately to the border to avoid trafficking drugs to the US
Says tariffs will be paused for a month
Good' call with Trump led to some agreements
Comments from the White House also suggest they're getting what they want from Mexico.
Trade active
Note
Trade closed: target reached
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✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.