Get started

Usdchfanalysis

USDCHF 4H: 15/12/2022 As you can see, price is in a deep discount, so we search for a good long position. Price had a bullish reaction to daily supply zone, we should wait and see if price go up from here or more downward move for collecting the liquidity under 0.915. I am bull in this chart and as always we should study price in a lower time frame for finding a good buy setup. 💡Wait for update! 🗓️15/12/2022 🔎 DYOR 💌It is my honor to share your comments with me💌
Long
by VahidTradingCR
3
USDCHF - CURRENT SITUATION#USDCHF - At this point USDCHF is slightly UP. The reason for that is that with US PMI DATA and LABOR DATA being POSITIVE, USDCHF was BUY until last Friday. And FED UPDATES were very NEGATIVE. Hence, the CHF automatically rose against the USD in the previous days. Anyway, SWISS NATIONAL BANK has come out of NEGATIVE RATES. Anyway, RETAIL SALES POSITIVE came in US. - Currently, the MARKET is becoming RISK ON, so the CHF is a bit WEAK. - There is definitely a high chance that USDCHF will go UP a bit more and move to 0.9521 LEVEL. Anyway, the price of USDCHF can go down to 0.9000 LEVEL after that. We focus on MARKET UPDATES and MARKET SENTIMENT. Follow the given MARKET STRUCTURE.
by benny_marshall