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Usd-chf

USDCHF to stall at previous support?USDCHF - 24h expiry - The previous support level of 0.9030 was broken. Previous support at 0.9030 now becomes resistance. We are trading at oversold extremes. We look for a temporary move higher. The primary trend remains bearish. We look to Sell at 0.9034 (stop at 0.9064) Our profit targets will be 0.8959 and 0.8949 Resistance: 0.8960 / 0.8975 / 0.9030 Support: 0.9828 / 0.8910 / 0.8870 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. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Short
by OANDA
USDCHF continues to selloff.USDCHF - 24h expiry - There is no clear indication that the downward move is coming to an end. A Morning Doji Star formation has been posted at the low. We look for a temporary move higher. Previous support at 0.8950 now becomes resistance. 20 4-hour EMA is at 0.8950. We look to Sell at 0.8952 (stop at 0.8982) Our profit targets will be 0.8877 and 0.8867 Resistance: 0.8900 / 0.8920 / 0.8950 Support: 0.8870 / 0.8860 / 0.8840 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. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Short
by OANDA
1
USDCHF trades at the lowest level in 21 months.USDCHF - 24h expiry - Trades at the lowest level in 21 months. Our short-term bias remains negative. There is no clear indication that the downward move is coming to an end. Previous support at 0.9040 now becomes resistance. The preferred trade is to sell into rallies. We look to Sell at 0.9038 (stop at 0.9068) Our profit targets will be 0.8963 and 0.8953 Resistance: 0.8980 / 0.9005 / 0.9040 Support: 0.8960 / 0.8943 / 0.8900 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. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Short
by OANDA
1
USDCHF Approaching an important supply zoneHey Traders, in the coming week we are monitoring USDCHF for a selling opportunity around 0.912 zone, USDCHF is trading in a downtrend and now seems to be in a correction phase in which it is approaching the major trend around 0.912 support and resistance zone. i would also consider this setup as CHF is considered a safe haven in time of uncertainties and considering that the market is expecting a cut in rate hike from the federal reserve. Trade safe, Joe.
Short
by JoeChampion
12
USDCHF Sell higher, buy the breakoutUSDCHF is trading inside a Channel Down. The last Low was made on the Falling Support that is in effect since February 14th. Trading Plan: 1. Sell when the price hits the MA50 (4h). 2. Buy if it crosses over Resistance (1). Targets: 1. 0.8990 (Falling Support). 2. 0.91950 (Resistance 2). Tips: 1. The RSI (4h) is under a Falling Resistance. The last two times it approached the 30.00 level, the Channel Down formed a Low. Use this as a buy entry and the Falling Resistance as a sell in addition to the conditions above. Please like, follow and comment!!
by TradingBrokersView
8
USDCHF - Around Weekly Support 🏹Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. on WEEKLY: Left Chart USDCHF is stuck inside a range between our 0.90 support and 0.95 resistance, and since USDCHF is now around support, we will be looking for buy setups. on H1: Right Chart USDCHF is forming a channel in red but it is not ready to go yet. 🏹 For the bulls to take over , we need a momentum candle close above the last major high in gray. Meanwhile, until the buy is activated, USDCHF can still trade lower and even break the support downward. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
3
USDCHF has hit 19-months low.USDCHF - 24h expiry - We look to Sell at 0.9129 (stop at 0.9159) Trades at the lowest level in 19months. Previous support at 0.9125 now becomes resistance. We are trading at oversold extremes. Our short term bias remains negative. Preferred trade is to sell into rallies. We look for a temporary move higher. Our profit targets will be 0.9059 and 0.9049 Resistance: 0.9065 / 0.9100 / 0.9125 Support: 0.9052 / 0.9025 / 0.9000 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. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Short
by OANDA
USDCHF Potential Forecast | 3rd April 2023Fundamental Backdrop 1. CHF CPI m/m increased by 0.2%, much lower than the forecast 0.4% and previous 0.7% m/m. 2. The softer print of CPI shows that inflation has been slowing down at a much faster rate which could signify a dovish landing on the SNB. 3. Market Open on Dollar has been very bullish, however, with NFP lurking this week, expect plenty of volatility in the market. 4. USD ISM Manufacturing PMI releasing later on in the day and market has been pricing in a 47.5 compared to 47.7 previous. Technical Confluences 1. H4 resistance level at 0.921. 2. H4 support level at 0.9085. 3. Price could potentially retest the resistance level at 0.921. Idea Given the weak CPI reading on CHF, there is a weak bullish outlook on USDCHF as upcoming ISM news on USD is also slated to be a softer print. NOT FINANCIAL ADVICE DISCLAIMER The trading related ideas posted by OlympusLabs are for educational and informational purposes only and should not be considered as financial advice. Trading in financial markets involves a high degree of risk, and individuals should carefully consider their investment objectives, financial situation, and risk tolerance before making any trading decisions based on our ideas. We are not a licensed financial advisor or professional, and the information we are providing is based on our personal experience and research. We make no guarantees or promises regarding the accuracy, completeness, or reliability of the information provided, and users should do their own research and analysis before making any trades. Users should be aware that trading involves significant risk, and there is no guarantee of profit. Any trading strategy may result in losses, and individuals should be prepared to accept those risks. OlympusLabs and its affiliates are not responsible for any losses or damages that may result from the use of our trading related ideas or the information provided on our platform. Users should seek the advice of a licensed financial advisor or professional if they have any doubts or concerns about their investment strategies.
Long
by OlympusLab
USDCHF Potential DownsidesHey Traders, USDCHF is trading in a down trend and now seems to be in a correction phase in which extending pullbacks are approaching the major trend around 0.921 resistance zone. if the rejection is confirmed i would set 0.905 as a target as it's considered the next major support zone USDCHF will be facing. Fundamentally CHF is expected to be outperforming as it's considered a safe haven in current environment of uncertainty along with the Japanese Yen and the last dovish FOMC have triggered USD weakness and signaled less restrictive upcoming meeting. trade safe, Joe.
Short
by JoeChampion
1
USDCHF Potential DownsidesHey Traders, in today's trading session we are monitoring USDCHF for a selling opportunity around 0.915 zone, USDCHF was trading in an uptrend and successfully managed to breakout the major trend and now seems to be in a correction phase in which it approaching the retrace zone around 0.915 support and resistance area. Fundamentally CHF is still expected to outperform as it's considered a classic safe haven along with Federal reserve less restrictive monetary policy which is bearish on Dollar. Trade safe, Joe.
Short
by JoeChampion
5
USDCHF to form a higher low?USDCHF - Trading has been mixed and volatile. Daily momentum has stalled and our bias is now neutral. Trend line support is located at 0.9150. We look to buy dips. A lower correction is expected. 24h expiry - We look to Buy at 0.9151 (stop at 0.9121) Our profit targets will be 0.9221 and 0.9231 Resistance: 0.9226 / 0.9245 / 0.9260 Support: 0.9200 / 0.9180 / 0.9150 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. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Long
by OANDA
USDCHF on a confluence zone 🦐USDCHF on the chart shows how after the liquidity grab below the support area the price retest the weekly support with a potential double bottom. The double bottom pattern is known as a reversal one and it plays better at the end of a downtrend as it this would be the case. The price has now broken the previous lower high and is testing a crucial confluence area between a daily resistance and a descending trendline. According to Plancton's strategy IF the market will be able to break above that area we can consider a nice long opportunity.
by InkyGrip
7
USDCHF Potential DownsidesHey Traders, in the coming week we are monitoring USDCHF for a selling opportunity around 0.925 zone, USDCHF is trading in a downtrend and extending pullbacks seems to be approaching the major trend around 0.925 supply and demand zone. fundamentally CHF is considered a safe haven with current environment along with JPY so i expect both to be outperforming. and the last FOMC showed us fed pivoting path which should be bearish Dollar. Trade safe, Joe.
Short
by JoeChampion
4
USDCHF Potential DownsidesHey Traders, in today's trading session we are monitoring USDCHF for a selling opportunity around 0.925 zone, USDCHF shorts is one of the trades i want to consider as i expect some USD weakness with a potential FOMC dovishness. Considering also that CHF is a classic safe haven in such a risky environment so USDCHF shorts should be a perfect catch. Technically we have noticed that USDCHF was trading in an uptrend and successfully managed to break it out prior to FOMC so i will be watching a potential retrace around 0.925 zone. Trade safe, Joe.
Short
by JoeChampion
10