Usdchfanalysis
usdchfIn the previous analysis, the expectation of the pattern in the range of 0.92521 was completed and the expectation of a decrease to the range of 0.92075, and in case of breaking the next range of 0.91607, we had the support pattern before the static of the B range, which was easily touched and gave an excellent support reaction. created
We are witnessing the completion of an N pattern. We currently have the best conditions in the range between 0.92521 and 0.91607.
Two scenarios can be expected:
1. Maintaining the support in the range of 0.92230, which can make an increase up to the range of 0.92521, the static resistance range D of the previous pattern. which is now in the role of a resistance, it will continue and in case of failure, it will grow up to 0.92953.
2. It cannot break the resistance of 0.92521 to 0.92709 and activate the reduction and ranges of 0.92075 and then 0.91607.
USDCHFThis pair has formed an descending channel with a 3 touches which means its a valid channel
so now we're waiting for a candle to close above the third and last touch to confirm the change of direction
But personally I prefer to wait for a trendline retest after breakout to enter the trade with a better entry point
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USDCHFIn the previous two analyzes, we saw that all the desired targets were touched very accurately.
Now, in dealing with a PRZ in completing the ANTI CRAB pattern and forming a negative divergence and reacting to the range of 0.92521, you can use the ranges of the previous decreasing wave. A very important range of static resistance is pattern B and between the above 2 areas.
USDCHF - Bearish price action ✅Hello traders!
‼️ This is my perspective on USDCHF.
After the change of character I started to look for short positions. I expect bearish price action from here as price rejected from bearish order block. My target is price to fill the imbalance lower.
‼️Attention!!! Due to the fact that we have news on USD & CHF upcoming week, the analysis can be invalidated.
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USDCHF top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDCHF - CURRENT SITUATION#USDCHF
- At this point, USDCHF is going down a bit. But 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 and USD is a bit WEAK because of that. Anyway, the FED MEETING is scheduled to be held today. Yesterday US CPI data was NEGATIVE. That's why USD was WEAK yesterday.
- Definitely, there is a very high possibility that USDCHF will go UP a little more and move to the 0.9400 LEVEL. US CPI DATA is scheduled to be released today. It will definitely make USD PAIRS VOLATILE. Anyway, USDCHF price can go down to 0.8899 level after FED EVENT. We focus on MARKET UPDATES and MARKET SENTIMENT. Follow the given MARKET STRUCTURE.
#USDCHFCurrently, the best strategy is in the above wide range.
In dealing with the resistance zone in the ceiling and creating a negative divergence of the two-peak bit, it is expected that by maintaining the support ranges of 0.92856 and 0.92709, it will decrease to the ranges of 0.92374 and 0.92245, which is based on the Fibo projection of 100 and 127, and in If they fail, we have an important pivot point area in the range of 0.92142 and the last stage can be expected in the range of 0.92075. The last 3 targets are inside the red box and there is already a fluctuating area where there is a possibility of conflict in this range.
It is not necessary to touch all the targets.
USDCHF-LONGDear Traders, USDCHF price have not shown a reversal side since a month now, however, as we have FED news on 'interest rate' tomorrow it will decision making news. Taking that into consideration, we think price will touch the 'discounted area' before it flies off.
Wait for price to come to our area, once it is in the area then you can consider entering!!
GOOOD LUCK AND TRADE SAFE!!
#USDCHF H1In the above range, we see 3 harmonic patterns. In the last move, we saw the completion of a RECIPROCAL pattern that coincided with the ceiling of 0.92857. Now we expect the completion of an ABCD pattern. in the range of 0.90298 and we expect the floor to be in its last step, then we have to analyze the price reaction.
The current environment is a fluctuating environment and correction of a declining trend
usdchf following trendline Usdchf
Untill Price under thats trendline i am expecting Sell Chf. Last Week positive data give a strength to price we see a bullish Rally but Trendline resistance again push the price down as we can see if in next week price again to thats zone will see a downside movement. as we can see dxy movement is not looking stronger as compared to the previous days.