USD/CHF Bearish rectangleExpecting USD/CHF to make a bearish rectangle
Focus Time Frame: 4H/1H
Market Condition
1D Short Term: Downtrend
1D Long Term: Downtrend
Usdchfforecast
USDCHF Analysis# USDCHF
> Chart: H4
> Trendency: Down
> TrendLine broken
> Lower High made
> Toward to Lower Low
USDCHF bounced from support, potential for a further rise!
USDCHF bounced off 0.98661 where it could potentially rise further to 0.99695.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
#USDCHF, Short signalShort-term downward trend.
According to the Stochastic, the declines will continue.
We estimate that the usdchf will continue to drop down to the support line at 0.9840 and may also cross it.
USDCHF- a buying opportunityBrexit made the USD in a selling spree but now that it extended until December 2019, I believe the traders will be back looking at the technical until the deadline.
A buying opportunity signaled me to buy now and hold it for few days- months until the next Brexit drama continues.
Zooming out the chart, we see a long term uptrend.
USDCHF- Short Sell
=>USDCHF: Short Sell <=
=> Entry: 0.9955
=> 1st SL: 0.9977
=> 2nd SL: 1.0033
=> 1st TP: 0.9855
=> 2nd TP: 0.9822
=> 3rd TP: 0.9788
USDCHF reversed from resistance, potential drop!
USDCHF reversed off its resistance at 0.98913 where it could potentially drop further to 0.98394.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCHF Trade of the Year?Listen guys, for Swing Trade always look for the Weeky Candle Closer.
If we see the weekly chart in USDCHF we can see clearly we rejected multiple times 1.000 level (crucial level for the pair) and we ended with a bearish englulfing ( marubozu candle) a big one. My directional bias for this pair is Bearish , wait for a daily retracement
I'm looking forward to sell this par if it comes at 0.9920.
Why 0.9920 ? - cuz you can see even in smaller timeframes that is a level where price jumped.
My first target would be the weekly support then 0.9693 and the last 0.9500 key Level.
Weekly TF
USDCHF potential reversal!
USDCHF expected to rise up to 1st resistance at 0.99916 where it could potentially react off and drop down to 1st support at 0.99524.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
#USDCHF, Will continue to climbA rising trend.
The USD CHF above the Moving average line 200+ positive green Ichimoku cloud.
Excellent entry time because of the proximity of the price to the support line of this up channel.
Target: 1.0230
USDCHF- LONG- for the next few weeksAs people get directions from the fundamentals for the next few weeks, I believe the traders will follow the technicals and invest in the USD. Until we see a clear path, the technicals will remain the key factor in regards to the direction of the market.
Based on the 4 hour chart, a short term bull will might continue as long as it holds the 50/200 emas.
For now, just ride the wave.
FOLLOW UP ON USDCHF | PRICE HITS BUY ZONE!See the previous speculation for reference purpose (see link below)
START OF THE WEEK (9 - 13 Sep 2019) GUIDE | LONG SETUP FOUND!See chart for illustration
This is a follow up on speculation published earlier (see link below)
#USDCHF, Signal with a potential of 70 pipsA resistance line that lasted 3 breaking attempts at 0.9953.
A Moving average of 200 just at the price we are looking right now also serves as resistance.
Stochastic is crossed and at his high level.
Target: 0.9850
START OF THE WEEK GUIDE (26 Aug - 30 Aug 2019) | USDCHFSee chart for illustration.
Follow up from earlier publication (see link below)
USDCHF potential reversal!
USDCHF expected to rise up to 1st resistance at 0.98186 where it could potentially react off and drop down to 1st support at 0.97126.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
