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Usd-chf

#USDCHF approaching pivot, potential for a drop! Description Price is reacting below our pivot level at 0.9151 which is in line with horizontal overlap resistance, 61.8% Fibonacci retracement level. Price can potentially take support at 0.90919, which is in line with horizontal swing low support. Alternatively, price may rise up to our resistance at 0.91705, which coincides with horizontal overlap resistance . This is further supported by how price is now holding below the Ichimoku cloud resistance. Pivot: 0.91510 Why we like it: horizontal overlap resistance, 61.8% Fibonacci retracement level 1st Support: 0.90919 Why we like it: horizontal swing low support 1st Resistance: 0.91705 Why we like it: horizontal overlap resistance Trading FX & CFDs carries high risk.
Short
by VantageMarkets
USDCHF facing bearish pressure, potential for more downside! Price is holding below the descending trendline resistance and the 1st resistance at 0.91448 in line with 61.8% Fibonacci retracement and 61.8% Fibonacci extension. Price could potentially bearish from 1st resistance at 0.91448 in line with 61.8% Fibonacci retracement and 61.8% Fibonacci extension to 1st support at 0.90848 in line with Horizontal swing low and 61.8% Fibonacci extension. Our bearish bias is further supported by how Price is holding below the EMA and the Ichimoku cloud and MACD is holding below the 0 line. Otherwise price may continue to bullish to 2nd resistance at 0.91717 in line with Horizontal swing high and 100% Fibonacci extension. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Short
by TradeGATEHub
2
#USDCHF approaching pivot, potential for a drop! Description Price is reacting below our pivot level at 0.91407 which is in line with horizontal swing high resistance, 38.2% Fibonacci retracement level. Price can potentially take support at 0.90919, which is in line with horizontal swing low support. Alternatively, price may rise up to our resistance at 0.91691, which coincides with 61.8% Fibonacci retracement levelhorizontal overlap resistance . This is further supported by how price is now holding below the Ichimoku cloud resistance. Pivot: 0.91407 Why we like it: horizontal swing high resistance, 38.2% Fibonacci retracement level 1st Support: 0.90919 Why we like it: horizontal swing low support 1st Resistance: 0.91691 Why we like it: 61.8% Fibonacci retracement levelhorizontal overlap resistance Trading FX & CFDs carries high risk.
Short
by VantageMarkets
USDCHF bearish continuation | 3rd Nov 2021 Price is abiding the descending trendline resistance, signifying an overall bearish momentum. We can expect price to drop from the pivot level in line with 78.6% Fibonacci projection towards the take profit level in line with 78.6% Fibonacci projection. Our bearish bias is further supported by the RSI abiding to the descending trendline resistance. Price is on a bullish momentum. We see a potential buy entry at 0.74184 in line with 38.2% Fibonacci retracement , 78.6% Fibonacci retracement and 161.2% Fibonacci extension towards our Take Profit at 0.74901 in line with 61.8% Fibonacci retracement and 127.2% Fibonacci extension . Technical indicators are showing bullish momentum. 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.
Short
by Rockqet
#USDCHF approaching pivot, potential for a drop! Description Price is reacting below our pivot level at 0.91472 which is in line with horizontal swing high resistance, 38.2% Fibonacci retracement level. Price can potentially take support at 0.90919, which is in line with horizontal swing low support. Alternatively, price may rise up to our resistance at 0.91691, which coincides with 61.8% Fibonacci retracement levelhorizontal overlap resistance . This is further supported by how price is now holding below the Ichimoku cloud resistance. Pivot: 0.91472 Why we like it: horizontal swing high resistance, 38.2% Fibonacci retracement level 1st Support: 0.90919 Why we like it: horizontal swing low support 1st Resistance: 0.91691 Why we like it: 61.8% Fibonacci retracement levelhorizontal overlap resistance Trading FX & CFDs carries high risk.
Short
by VantageMarkets
USDCHF short-term bullish bounce | 2nd Nov 2021Price is abiding by a descending trendline, signifying an overall bearish trend . However, we can expect price to make a small bounce form the pivot level in line with 127.2% Fibonacci retracement and 100% Fibonacci projection towards the take profit level in line with 78.6% Fibonacci projection and 78.6% Fibonacci retracement . Our short-term bullish bias is further supported by the stochastic %K line where the it bounced off the support level . 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.
Long
by FXCM
2
USDCHF short-term bullish bounce | 2nd Nov 2021 Price is abiding by a descending trendline, signifying an overall bearish trend. However, we can expect price to make a small bounce form the pivot level in line with 127.2% Fibonacci retracement and 100% Fibonacci projection towards the take profit level in line with 78.6% Fibonacci projection and 78.6% Fibonacci retracement. Our short-term bullish bias is further supported by the stochastic %K line where the it bounced off the support level. 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.
Long
by Rockqet
#USDCHF approaching pivot, potential for a drop!Description Price is reacting below our pivot level at 0.91688 which is in line with horizontal overlap resistance, 50.0% Fibonacci retracement level. Price can potentially take support at 0.91105, which is in line with horizontal swing low support. Alternatively, price may rise up to our resistance at 0.91941, which coincides with 78.6% Fibonacci retracement levelhorizontal overlap resistance . This is further supported by how price is likely to bounce off the Stochastic support level . Pivot: 0.91688 Why we like it: horizontal overlap resistance, 50.0% Fibonacci retracement level 1st Support: 0.91105 Why we like it: horizontal swing low support 1st Resistance: 0.91941 Why we like it: 78.6% Fibonacci retracement levelhorizontal overlap resistance Trading FX & CFDs carries high risk.
Short
by VantageMarkets
1
USDCHF potential for short reversal | 29th OctPrice is near the buy entry price of 0.910886 which is also 78.6% Fibonacci retracement and 127.2% Fibonacci projection . Price can potentially rise to the take profit level of 0.91704 which is 78.6% Fibonacci projection and 23.6% Fibonacci retracement . Our bullish bias is supported by the stochastic indicator as it is at support level . 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
Long
by FXCM
2
USDCHF potential for short reversal | 29th OctPrice is near the buy entry price of 0.910886 which is also 78.6% Fibonacci retracement and 127.2% Fibonacci projection. Price can potentially rise to the take profit level of 0.91704 which is 78.6% Fibonacci projection and 23.6% Fibonacci retracement. Our bullish bias is supported by the stochastic indicator as it is at support level. 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
Long
by Rockqet
#USDCHF approaching pivot, potential for a bounce! Description Description Price is approaching pivot level of 0.90981, which is in line with 161.8% Fibonacci extension level, 127.2% Fibonacci extension level & horizontal overlap support. A reversal from this level may see price take resistance at price 0.91519. This level coincides with horizontal overlap resistance. Finally, we can expect price to take support at 0.90791horizontal overlap support . This is further supported by how price is likely to bounce off the Stochastic support level . Pivot: 0.90981 Why we like it: 161.8% Fibonacci extension level, 127.2% Fibonacci extension level & horizontal overlap support 1st Support: 0.90791 Why we like it: horizontal overlap support 1st Resistance: 0.91519 Why we like it: horizontal overlap resistance Trading FX & CFDs carries high risk.
Long
by VantageMarkets
2 Low Risk USDCHF Entries!Hello Traders, Here we have a USDCHF long trade idea. If you like this idea please show your support! This trade idea is based off the fact of the USD reaching a weekly low and we can see some strength beginning to occur making USDCHF pair stronger. Also the Swiss Franc (CHF) is at a weekly high since the beginning of September however recently we are seeing a fair bit of weakness appearing. This has also concluded my trade idea and given me these 2 entry points. We can see 2 trendlines which are being respected on the charts, however Scenario A is also on a .50 Fib zone which is in a structure zone giving us the possibility for a reversal. Please trade with caution and make sure you set your stop losses! Happy Trading 😁
Long
by Pips-Collector
#USDCHF approaching pivot, potential for a drop! Description Price is reacting below our pivot level at 0.91888 which is in line with 61.8% Fibonacci extension levelhorizontal swing low support. Price can potentially take support at 0.91526, which is in line with 38.2% Fibonacci retracement levelhorizontal pullback resistance. Alternatively, price may rise up to our resistance at 0.92142, which coincides with horizontal swing high resistance . This is further supported by how price is now holding below the Ichimoku cloud resistance. Pivot: 0.91888 Why we like it: 61.8% Fibonacci extension levelhorizontal swing low support 1st Support: 0.91526 Why we like it: 38.2% Fibonacci retracement levelhorizontal pullback resistance 1st Resistance: 0.92142 Why we like it: horizontal swing high resistance Trading FX & CFDs carries high risk.
Short
by VantageMarkets
USDCHF potential for further downside | 27th OctPrice is near the sell entry price of 0.91896 which is also 38.2% Fibonacci retracement and 61.8% Fibonacci projection . Price can further dip to the take profit price of 0.91505 which is also 78.6% Fibonacci projection . Our bearish bias is supported by the ichimoku cloud indicator as price is trading under it. 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
Short
by FXCM
4
#USDCHF approaching pivot, potential for a drop! Description Price is reacting below our pivot level at 0.91927 which is in line with 50.0% Fibonacci retracement level, 38.2% Fibonacci retracement level. Price can potentially take support at 0.91526, which is in line with 61.8% Fibonacci extension levelhorizontal swing low support. Alternatively, price may rise up to our resistance at 0.92159, which coincides with horizontal overlap resistance . This is further supported by how price is now holding below the Ichimoku cloud resistance. Pivot: 0.91927 Why we like it: 50.0% Fibonacci retracement level, 38.2% Fibonacci retracement level 1st Support: 0.91526 Why we like it: 61.8% Fibonacci extension levelhorizontal swing low support 1st Resistance: 0.92159 Why we like it: horizontal overlap resistance Trading FX & CFDs carries high risk.
Short
by VantageMarkets
USDCHF potential for further downside | 27th Oct Price is near the sell entry price of 0.91896 which is also 38.2% Fibonacci retracement and 61.8% Fibonacci projection. Price can further dip to the take profit price of 0.91505 which is also 78.6% Fibonacci projection. Our bearish bias is supported by the ichimoku cloud indicator as price is trading under it. 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
Short
by Rockqet
USDCHF is approaching a Pivot, potential for dip | 26th Oct Price is consolidating in a daily triangle. We see a potential for a sell entry at our Pivot at 0.92341 in line with 38.2% Fibonacci retracement towards our Take Profit at 0.91470 which is a graphical swing low and in line with our ascending trendline. Technical indicators are showing bearish momentum. Alternatively, our stop loss is placed at 0.92717 in line with 61.8% Fibonacci extension. 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.
Short
by Rockqet
#USDCHF approaching pivot, potential for a drop! Description Price is reacting below our pivot level at 0.91849 which is in line with horizontal overlap resistance, 38.2% Fibonacci retracement level. Price can potentially take support at 0.91535, which is in line with horizontal swing low support, 100% Fibonacci extension level & horizontal overlap support. Alternatively, price may rise up to our resistance at 0.91995, which coincides with 78.6% Fibonacci retracement levelhorizontal swing high resistance . This is further supported by how price is now holding below the Ichimoku cloud resistance. Pivot: 0.91849 Why we like it: horizontal overlap resistance, 38.2% Fibonacci retracement level 1st Support: 0.91535 Why we like it: horizontal swing low support, 100% Fibonacci extension level & horizontal overlap support 1st Resistance: 0.91995 Why we like it: 78.6% Fibonacci retracement levelhorizontal swing high resistance Trading FX & CFDs carries high risk.
Short
by VantageMarkets
#USDCHF approaching pivot, potential for a drop! Description Price is reacting below our pivot level at 0.91849 which is in line with horizontal overlap resistance, 38.2% Fibonacci retracement level. Price can potentially take support at 0.91535, which is in line with horizontal swing low support, 100% Fibonacci extension level & horizontal overlap support. Alternatively, price may rise up to our resistance at 0.91995, which coincides with 78.6% Fibonacci retracement levelhorizontal swing high resistance . This is further supported by how price is now holding below the Ichimoku cloud resistance. Pivot: 0.91849 Why we like it: horizontal overlap resistance, 38.2% Fibonacci retracement level 1st Support: 0.91535 Why we like it: horizontal swing low support, 100% Fibonacci extension level & horizontal overlap support 1st Resistance: 0.91995 Why we like it: 78.6% Fibonacci retracement levelhorizontal swing high resistance Trading FX & CFDs carries high risk.
Short
by VantageMarkets