USDCHF Potential bullish bounce | 7th April 2022On the H4, with price moving above the ichimoku cloud and the recent break of the channel, we have a bias that price will rise to our take profit at 0.93782 in line with the 78.6% Fibonacci retracement from our entry at 0.93112 in line with the horizontal pullback support and 23.6% Fibonacci retracement. Alternatively, price may break structure and head for stop loss at 0.92707 in line with the swing pullback support and 50% Fibonacci retracement.
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Usd-chf
EURUSD Potential bullish rise | 7th April 2022With price expected to bounce off the stochastic indicator, we have a bias that price will rise to our take profit of 1.09498 in line with the 23.6% Fibonacci retracement from our entry of 1.08820. Alternatively, price may break entry and head for stop loss at the next swing low.
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, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
USDCHF potential for rise! | 5th Apr 2022On the H4, with price expected to bounce off the support of the stochastics indicator, we have a bias that price will rise to our take profit at 0.93020 in line with the 61.8% Fibonacci retracement from our entry at 0.92233 in line with the horizontal overlap support and 78.6% Fibonacci retracement . Alternatively, price may break entry structure and head for our stop loss at 0.91633 in line with the swing low support.
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, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
USDCHF potential for rise! | 5th Apr 2022On the H4, with price expected to bounce off the support of the stochastics indicator, we have a bias that price will rise to our take profit at 0.93020 in line with the 61.8% Fibonacci retracement from our entry at 0.92233 in line with the horizontal overlap support and 78.6% Fibonacci retracement . Alternatively, price may break entry structure and head for our stop loss at 0.91633 in line with the swing low support.
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, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
USDCHF potential for rise! | 4th Apr 2022On the H4, with price expected to bounce off the support of the stochastics indicator, we have a bias that price will rise to our take profit at 0.93678 in line with the 61.8% Fibonacci retracement from our entry at 0.92170 in line with the horizontal overlap support and 78.6% Fibonacci retracement . Alternatively, price may break entry structure and head for our stop loss at 0.91633 in line with the swing low support.
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, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
USDCHF potential for rise! | 4th Apr 2022On the H4, with price expected to bounce off the support of the stochastics indicator, we have a bias that price will rise to our take profit at 0.93678 in line with the 61.8% Fibonacci retracement from our entry at 0.92170 in line with the horizontal overlap support and 78.6% Fibonacci retracement. Alternatively, price may break entry structure and head for our stop loss at 0.91633 in line with the swing low support.
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, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
USDCHF Potential bullish bounce | 1st April 2022On the H4, with price expected to bounce off the support of the stochastics indicator, we have a bias that price will rise to our take profit at 0.93687 in line with the 61.8% Fibonacci retracement from our entry at 0.92233 in line with the horizontal overlap support and 78.6% Fibonacci retracement. Alternatively, price may break entry and head for our stop loss at 0.91633 in line with the swing low support.
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, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
USDCHF H4 Potential Bounce | 31st March 2022On the H4, with price expected to bounce off the support of the stochastics indicator and the descending channel, we have a bias that price will rise to our take profit area at 0.93697 in line with the 61.8% Fibonacci retracement from our entry at 0.92170 in line with the horizontal overlap support and 78.6% Fibonacci retracement. Alternatively, price may move towards our stop loss at 0.91633 in line with the swing low support.
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, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
USDCHF Sell a break setup.USDCHF - Intraday - We look to Sell a break of 0.9293 (stop at 0.9315)
Short term bias has turned negative.
Short term MACD has turned negative.
0.9294 has been pivotal.
A break of bespoke support at 0.9294, and the move lower is already underway.
Our profit targets will be 0.9235 and 0.9225
Resistance: 0.9330 / 0.9350 / 0.9365
Support: 0.9310 / 0.9290 / 0.9275
#USDCHF potential rise!| 21st Mar 2022On the H4, with price expected to bounce off the support of the stochastics indicator, ichimoku cloud and the support of a potential ascending channel , we have a bias that price will rise to our take profit at 0.94258 in line with the 61.8% Fibonacci projection from our entry at 0.93046 in line with the horizontal overlap support and 50% Fibonacci retracement. Alternatively, price may break our entry structure and head for our stop loss at 0.92683 in line with the horizontal swing low support and 61.8% Fibonacci retracement.
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, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
USDCHF Rejected at the top of its Channel Up.The USDCHF pair has been trading within a Channel Up since June 16 2021. This week it hit and so far got rejected on the Higher Highs (top) trend-line of the Channel. Technically we should see the pull-back extending as low as the Higher Lows zone. A reasonable target is just above the zone at 0.9200.
See how well the RSI can give buy signals on its Support Zone and sell signals (such as the current) on its Resistance Zone.
A break-out above the Channel Up, should set in motion a short rally towards the 1.236 and 1.382 Fibonacci extensions at 0.95325 and 0.95775 respectively.
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🎯 USDCHF Going down ↘Hello Traders,
In this Analysis you can see that the USDCHF price on the 30-minute chart is hitting a resistance level at 0.93540, there is a possibility for a SELL position.
What we look for:
short positions below 0.9385 with targets at 0.9330 & 0.9315 in extension.
If trend will change:
above 0.9385 look for further upside with 0.9405 & 0.9425 as targets.
My entry details:
- Entry Level: 0.93540
- Take Profit level: 0.93150
- Stop Loss level: 0.94050
- Risk: 1% of balance
*This Analysis is for educational purposes only and is not financial advise.