The USDCHF pair followed almost perfectly our projected course last time we made an analysis on it (June 20, see chart below), as after a 1.5 Fibonacci rebound, it resumed the downtrend and hit our 0.8700 Target: Having completed a 1D MACD Bullish Cross, on the same level as the January 04 2024 one, we view the recent rebound as the start of the new Bullish...
✅USD_CHF will soon retest a key resistance level of 0.8759 So I think that the pair will make a pullback And go down to retest the demand level below at 0.8700 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! USD-CHF went up sharply But has hit a horizontal Resistance level of 0.8758 So a local bearish correction Is to be expected soon Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
USD/CHF Rises Over 2.5% in a Week As indicated by the USD/CHF chart today, the rate is around 0.868 francs per US dollar, although it dropped below 0.85 last Monday. The main driver of this surge in volatility (with the ATR indicator reaching its highest point since March 2023) was the decline in the Japanese stock market, which we covered twice last week: here...
✅USD_CHF made a pullback To retest the horizontal Resistance level while Trading in a downtrend So we will be expecting A move down as we are Locally bearish biased SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
✅USD_CHF is going down to retest a horizontal support of 0.8550 Which makes me locally bullish biased And I think that we will see a rebound And a move up from the level Towards the target above at 0.8621 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
USD/CHF Falls to Lowest Level in Nearly Six Months As today's USD/CHF chart shows, the exchange rate has fallen below 0.872 – the Swiss franc hasn't been this strong against the US dollar since early February this year. Bearish sentiment is driven by: → Expectations of a Fed rate cut, weakening the US dollar; → Low inflation in Switzerland – today's CPI data...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 As per our last analysis, attached on the chart, USDCHF rejected the resistance zone and traded lower. Currently, USDCHF approaching the lower bound of the red channel. Moreover, it is retesting a support zone marked in blue. 🏹 Thus, the highlighted blue circle is a...
✅USD_CHF has retested a key support level of 0.8820 And as the pair is already making a bullish rebound A move up to retest the supply level above at 0.8880 is likely LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Market Analysis: USD/CHF Regains Strength USD/CHF is rising and might aim a move toward the 0.9000 resistance. Important Takeaways for USD/CHF Analysis Today - USD/CHF is showing positive signs above the 0.8900 resistance zone. - There is a major bullish trend line forming with support at 0.8910 on the hourly chart at FXOpen. USD/CHF Technical Analysis...
Market Analysis: EUR/USD Trims Gains EUR/USD started a fresh decline below the 1.0900 support. Important Takeaways for EUR/USD Analysis Today - The Euro struggled to clear the 1.0950 resistance and declined against the US Dollar. - There is a key bearish trend line forming with resistance at 1.0870 on the hourly chart of EUR/USD at FXOpen. EUR/USD...
Hello,Traders! USD-CHF went up but Will soon retest a falling Resistance level and After the retest we will be Expecting a local move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Overall trend is a downtrend. Candlestick trend break of structure to downside now. Expecting liquidity grab and entry at supply zone (0.89500). Targeting price to break the next lower low order flow (0.88170).
The 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...
Hello,Traders! USD-CHF broke the key Horizontal level of 0.8983 Which is a support now Then made a retest and Is going up now so we Are locally bullish biased And we will be expecting A further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅USD_CHF broke the key Horizontal level of 0.9000 And the breakout is confirmed So we will be expecting A strong bullish continuation LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Price recently broke out of the daily (D) descending channel. It then pushed up to meet the daily (D) 50% Fibonacci retracement level, converging with resistance. Price then rejected this level and pushed down to retest support before breaking out of the four-hour (4H) downtrend line, suggesting strong bullish momentum. Price then pushed up and reached the daily...
Price has recently broken out of the (D) descending channel. It then pushed up to meet the (D) 50% Fib retracement level and proceeded to the downside to retest support. The price has now broken out of the (4H) downtrend line. I anticipate the price will retest and reject this level of support, and temporarily continue to the upside. **Rationale:** L1: ~ Break...