USDCHF Massive Short! SELL!
My dear friends,
My technical analysis for USDCHF is below:
The market is trading on .0.9097 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target -0.9067
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
USDCHF
USDCHF Short Trade Setup A #short trade opportunity recently presented itself on the #dollarswissy (#USDCHF) #trading chart 📉.
This is indicated by the #bearish engulfing candlestick 🕯️ pattern just below the 0.91081 horizontal resistance level.
This indicates a rejection of the same level, with potential price move in the downward 👇 ⬇️ direction (#sell).
Sufficient downward momentum should see price dumping towards the 0.90000 psychological level and possibly testing the strength of the 0.89955 horizontal support level.
As always, please apply appropriate risk management.
Happy trading!
#majorpair
USDCHF: USD is weakening against the classic safe havensHey Traders, in today's trading session we are monitoring USDCHF for a selling opportunity around 0.91000 zone, USDCHF was trading in an uptrend and successfully managed to break it out, currently is in a correction phase in which it is approaching the retrace area at 0.91000 support and resistance area.
Fundamentally there is a decent between USD and CHF talking about the macro fundamentals, USD is weakening with the current inflation progress in the US and CHF is considered a safe haven asset in time of uncertainties in the market.
Trade safe, Joe.
USD/CHF BEARISH BIAS RIGHT NOW| SHORT
Hello,Friends!
We are now examining the USD/CHF pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 0.900 level.
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UCHF on a Correction Wave!!Here I have USD/CHF on the Daily Chart!!
Now given its remarkable rise to its current HIGH @ .92242, followed by the strong drop to the LOW @ .9005 ..
This week we've seen Price make a Fibonacci Retracement back to the Golden Zone meaning price is CORRECTING AFTER THE IMPULSE ELLIOT WAVE!!
Now with Price working past our LOW, we could see price drop as low as the ( .87447 - .86612 ) Range!!
Strifor || SILVER-17/05/2024Preferred direction: BUY
Comment: The previous long trade in silver was successfully closed at take profit, but we continue to actively adhere to short-term buy priority. Current prices are perfect for this and one can safely consider purchases with a goal of at least level 31 (scenario №1).
In the event of a sharp change in market sentiment, one can consider entering a long position as part of a re-test of the level 29.77800 (scenario №2).
Additional comments on this trade will be provided as situation changes. Follow us!
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USDCHF H4 | Fall from Fibo confluence?Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 0.1939, which is a pullback resistance close to 127.2% Fbo extension and 61.8% Fibo retracement.
Our take profit will be at 0.9028, a pullback support level.
The stop loss will be placed at 0.9226, a swing-high resistance level.
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Heading into overlap resistance, could it reverse from here?USD/CHF is rising towards the pivot and could potentially drop to the 1st support.
Pivot: 0.9096
1st Support: 0.8990
1st Resistance: 0.9150
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
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, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
USDCHF Will Go Lower! Short!
Take a look at our analysis for USDCHF.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 0.908.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 0.905 level.
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 On The Rise! BUY!
My dear subscribers,
My technical analysis for USDCHF is below:
The price is coiling around a solid key level - 0.9045
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 0.9101
My Stop Loss - 0.9012
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
USDCHF - Downside move ✅Hello traders!
‼️ This is my perspective on USDCHF.
Technical analysis: Here we are still in a bearish market structure as price did not break previous high, so I expect we can see bearish price action after price rejected from liquidity zone + institutional big figure 0.91000. My target is imbalance filled + order block.
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CHF (Swiss Franc Futures, CHFUSD)... BULLISH!The Monthly +FVG was filled, then the CISD was formed.
Price traded through the BB, forming the +FVG on the way.
I am expecting the BB+FVG to hold, and price to move higher from here next week.
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Thank you for viewing.
USD-CHF Local Short! Sell!
Hello,Traders!
USD-CHF went up sharply
And the pair has reached
A horizontal resistance
Of 0.9101 from where
We are already seeing
A local pullback and I
Think that we will see
A further move down
Sell!
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Check out other forecasts below too!
USDCHF Technical Analysis! BUY!
My dear friends,
My technical analysis for USDCHF is below:
The market is trading on 0.9051 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.9074
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
———————————
WISH YOU ALL LUCK
USDCHF: Weak Market & Bearish Continuation
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bears are taking over so we will bend to the will of the crowd and sell too.
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Strifor || USDJPY-17/05/2024Preferred direction: SELL
Comment: The Japanese yen , like the franc in the past, perfectly worked out all our previous trading ideas. Sell-priority for the American currency remains, and at the same time, for the USDJPY currency pair we also expect a fall to the level of 153.222 . Here we consider two scenarios.
Scenario №1 involves shorting from the resistance of the downward channel, that is, selling at current prices. Scenario №2 is a preliminary growth before a fall to level 157 , where there is a liquidated zone and perhaps the market will want to test this area before the fall.
Additional comments on this trade will be provided as situation changes. Follow us!
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Strifor || USDCHF-17/05/2024Preferred direction: SELL
Comment: Following our recent trading ideas, the US currency has strengthened slightly. This should not be confusing as the bearish potential for the US dollar remains.
Also for the franc . Not long ago we held shorts to the level of 0.90108 . This time we also consider this level as a target and most likely the instrument will begin to fall as much as possible from current prices (scenario №1) . Less likely scenario №2 involves a fall from the level of 0.91424 , this deal will be more conservative.
Additional comments on this trade will be provided as situation changes. Follow us!
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Strifor || AUDUSD-16/05/2024Preferred direction: BUY
Comment: AUDUSD is also on the buy list. This currency pair is also one of the most promising for short-term buyers. Most likely, growth will begin as much as possible at current prices (scenario №1).
Here we have a good local upward trend, towards which we are considering trades. One can also consider going long from the level of 0.66460 , or rather near this level (scenario №2).
We fix the growth target at the round level of 0.67500 .
Additional comments on this trade will be provided as situation changes. Follow us!
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USDCHF Will Go Up! Buy!
Take a look at our analysis for USDCHF.
Time Frame: 3h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 0.900.
Considering the today's price action, probabilities will be high to see a movement to 0.904.
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.
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USDCHF DAILY SETUPHello, traders here is a setup of USDCHF as you can see the price have created a bearish flag pattern (rising wedge pattern) and has already broken it and if you look closely the price created a head and shoulders pattern inside the flag pattern. This give's more indication that the price is likely to go down under these circumstances.
Heading into 50% Fibonacci resistance?USD/CHF is rising towards the pivot, which has been identified as an overlapping resistance and could potentially reverse from this level to the 1st support.
Pivot: 0.9098
1st Support: 0.8987
1st Resistance: 0.9151
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
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, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.