USDCHF Trading Opportunity! SELL!
My dear friends,
USDCHF looks like it will make a good move, and here are the details:
The market is trading on 0.8576 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 0.8530
Recommended Stop Loss - 0.8601
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
USDCHF
USDCHF to find buyers at the market price?USDCHF - 24h expiry
Our short term bias remains positive.
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
We look for a temporary move lower.
We look to buy at current market price.
20 4hour EMA is at 0.8574.
Our profit targets will be 0.8630 and 0.8645
We look to Buy at 0.8575 (stop at 0.8553)
Resistance: 0.8609 / 0.8630 / 0.8650
Support: 0.8580 / 0.8565 / 0.8550
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.
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USD/CHF SHORT FROM RESISTANCE
Hello, Friends!
USD/CHF is trending down which is clear from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a beautiful trend following opportunity for a short trade from the resistance line above towards the demand level of 0.851.
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USDCHF H4 | Bearish DropBased on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 0.8608, which is a swing low resistance.
Our take profit will be at 0.8543, an overlap support level close to the 38.2% Fibo retracement.
The stop loss will be placed at 0.8644, which is a pullback resistance level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider.You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
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Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
usdchf h2 best level to short it tp +150 pips swing trade setup🔸Hello traders, let's review the 2hour chart for USDCHF today. Previous trade hit TP +135 pips, congrats if you followed, feel free
to recap via link below.
🔸Prior trading range is defined by range highs at 8520 and range lows at 8420, recently price broke to the upside, however I see limited upside
beyond 8600/8620 this is key s/r zone and bears will defend this level.
🔸Recommended strategy for USDCHF traders: focus on short selling high near 8600/8620 price cluster SL fixed at 8640 TP1 +75 pips TP2 +150 pipsp. Expecting rejection from overhead resistance and re-test of
the mid of the prior accumulation range.
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Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
USDCHF Will Grow! Long!
Here is our detailed technical review for USDCHF.
Time Frame: 30m
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 0.855.
Considering the today's price action, probabilities will be high to see a movement to 0.856.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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USDCHF H1 | Bearish Drop Based on the H1 chart analysis, we can see that the price has just reacted off our sell entry at 0.8575, which is an overlap resistance.
Our take profit will be at 0.8526 an overlap support level close to the 38.2% Fibo retracement
The stop loss will be placed at 0.8625, which is a swing-high resistance level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider.You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
#USDCHF 4HIn the USD/CHF 1-day chart, a breakout from a channel pattern has occurred, signaling a potential bullish trend reversal. The channel pattern typically forms when the price oscillates between two parallel trendlines, representing support and resistance. A breakout above the upper boundary of the channel suggests that buyers are gaining control and that the bearish pressure within the channel is weakening.
This breakout presents a strong buy signal, as it often indicates the start of an upward trend. Confirmation of the breakout can be supported by a bullish candle close above the channel and an increase in volume, showing increased market participation in the move. Traders should look to key resistance levels as potential profit targets while keeping an eye on previous support levels within the channel to manage risk.
Setting stop-loss orders below the breakout point or the lower channel line can provide protection in case of a false breakout or price retracement. This technical setup favors a bullish outlook for USD/CHF in the medium term.
#USDCHF 1DAYIn the USD/CHF 1-day chart, a breakout above the downtrend line has occurred, signaling a potential shift from the previous bearish trend. This breakout is often seen as an early indicator of a bullish reversal, suggesting that buying momentum is building.
The breakout above the downtrend line presents a buying opportunity, especially if it is confirmed by strong bullish price action, such as a sustained move above the trendline with higher volume. Traders may look for key resistance levels as potential profit targets while considering placing stop-losses below the breakout area to manage risk in case of a pullback.
This technical setup suggests a favorable buying forecast for USD/CHF, with potential for upward movement in the coming sessions. However, further confirmation and monitoring of key support and resistance levels are important for a solid trading decision.
Falling towards 50% Fibonacci support?USD/CHF is falling towards the support level which is an overlap support that lines up with the 50% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 0.8510
Why we like it:
There is a pullback support level that is slightly above the 50% Fibonacci retracement.
Stop loss: 0.84811
Why we like it:
There is a pullback support level that aligns with the 61.8% Fibonacci retracement.
Take profit: 0.8584
Why we like it:
There is an overlap resistance level.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
USDCHF H1 | Bullish BounceBased on the H1 chart analysis, we can see that the price is falling to our buy entry at 10.8527, which is a pullback support close to 38.2% Fibo retracement
Our take profit will be at 0.8566, a pullback resistance.
The stop loss will be placed at 0.8504, which is an overlap support level close to 50% Fibo retracement
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider.You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
USDCHF A Fall Expected! SELL!
My dear friends,
Please, find my technical outlook for USDCHF below:
The price is coiling around a solid key level - 0.8548
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 0.8510
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
Sellers unable to push USDCHF below 0.84; possible upward move?The U.S. dollar to Swiss franc currency pair (USD/CHF) had been trading sideways above a key support level on the daily chart, marking the lowest price since 2015. In addition, a double bottom pattern has formed, signaling that sellers have been unable to continue pushing the price below 0.8400.
On Friday, Oct. 4, the USDCHF broke out of its sideways pattern on the daily chart, indicating potential buying momentum. A possible upward movement could take the price to the 0.8800 level in a few days.
Hot US jobs report, lower-than-expected unemployment favours the dollar
From a macroeconomic standpoint, Friday’s US nonfarm payroll (NFP) data came in well above expectations (254,000 actual vs. 147,000 forecast), pointing to a robust labor market with potential incoming growth over the coming months, which tends to favor the USD.
The NFP data also appears to have led markets to price out expectations of an outsized 50-basis-point interest rate by the Federal Reserve at its upcoming meeting — which could have led to more weakening in the US dollar.
The dollar has also benefited from safe-haven flows amidst rising tensions in the Middle East, with the IDF starting ground operations in Lebanon and Iran unleashing a large-scale ballistic missile attack on Israel for the second time.
Therefore, from a technical standpoint, we can observe the following:
USD/CHF at its lowest level since 2015.
Formation of a double bottom on the daily chart.
Sideways movement above support.
Friday's breakout indicating a potential uptick in buying activity.
From a macroeconomic standpoint, the following factors are in play:
NFP data surpassed expectations (254,000 actual vs. 147,000 forecast).
Unemployment rate came in lower than expected (4.1% actual vs. 4.2% forecast).
Together, these factors suggest that USD/CHF could appreciate, potentially reaching 0.8800 in the near term.
Disclaimer:
74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Past performance is not necessarily indicative of future results. The value of investments may fall as well as rise and the investor may not get back the amount initially invested. This content is not intended for nor applicable to residents of the UK.
USDCHF: Marry One Pair and DO NOT Cheat One of the best tips I could ever give to any beginning or developing trader is to choose one or two financial securities and stick solely with them. At the start, it's natural for many of us to diversify our watchlists with a wide range of instruments - ranging from forex pairs to stocks and even cryptocurrencies. However, as time progresses, we come to realise that focusing on one or two pairs is more than sufficient. Working with them consistently and making necessary adjustments along the way can lead to long-term success.
The most significant benefit of this approach is the development of what is often referred to as a ‘sixth sense.’ The more you analyse, monitor, and trade the same instrument, the deeper your understanding of it becomes. A helpful way to think about this is through the analogy of learning a language. If you practice the same one or two languages daily, your skills improve over time. You develop muscle memory, an affiliation with the language, and expert intuition, making it easier to read, write, listen, and speak. Trading is no different - by focusing on one or two securities, you sharpen your focus and deepen your understanding of them, rather than diluting your attention across too many instruments.
Every security has its own unique characteristics - its own "universe." By sticking to a limited number of them, you can gain greater insight and mastery over time.
Last year, we applied this principle with EUR/GBP, one of the two pairs we've been trading for years. This time, we will use USD/CHF as an example.
As inferred from the detailed illustration, over the past months, we have executed 6 trade positions on USD/CHF, netting a total of +8.3% with a win rate of 66% . Currently, we have one position running in the portfolio (a long trade at ), which is running in profits of +1.5% for the time being. In addition, we aim to execute additional positions in the coming weeks, provided everything aligns with our game plan.
By closely monitoring the daily movements of this instrument, we have been able to identify and capitalise on several strong swing positions. This has deepened our connection with the currency pair and enhanced our understanding of its price behaviour.
As with any craft, experience leads to mastery. A useful analogy here is the game of chess. How do you improve your chess skills? Through hard work, continuous practice, and patience. By revisiting the same patterns over the years, you establish a solid connection with your approach to the game. The same principle applies to trading.
One of the most beneficial strategies we've adopted is to "fall in love" with a single financial instrument (or two), trading it consistently without allowing distractions to pull our focus away.
USDCHF H4 | Bullish Bounce Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 0.8545, which is a pullback support close to 23.6% Fibo retracement.
Our take profit will be at 0.8623, a pullback resistance.
The stop loss will be placed at 0.8491, which is an overlap support level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider.You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
USDCHF Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
USDCHF Will Grow! Buy!
Here is our detailed technical review for USDCHF.
Time Frame: 17h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 0.858.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.870 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
USDCHF short bullish expectations
USDCHF short bullish expectations, based on trend pattern. Price looks like its find, create strong base on supp zone. +We have today FOMC where i expect bullish power for USD on short term.
For stronger bullish trend confirmation we can follow break of 0.84700 zone.
There is and chance for creating of ASCENDING PATTERN, violet line is top zone/resistance of ascending triangl
TP: 0.85400 (80)
SL: 0.84100