Time Frame: 4H Symbol: USDCHF Bias: Long USDCHF is bullish as US Dollar is still strong against major currencies. The uptrend will continue today . The situation may turn opposite next week as we have drawn int the chart.
Time Frame: 4H Symbol: USDCHF Bias: Long USD seems to be stronger against basket of currencies this week. We are bullish for this reason. A major upward momentum can take the price to the nearest resistance level or beyond..
Time Frame: 4H Symbol: USDCHF Bias: Neutral We are neutral for usdchf. As the pair is moving in a descending channel,the overall bias is short. Since we do not see any specific high probability setup,we are neutral here.
Time Frame: 4H Symbol: USDCHF Bias: Long As USD seems to be strong this week, there is a potential to have an upward move in USDCHF. But the trades should be taken with caution. As there is no strong support or resistance points to refer,we may still take fallacious decisions. It will be wise to check for candlestick patterns before trading the signal.
Time Frame: 4H Bias:Long Symbol:USDCHF The future projections in the chart shows a clear indication that the price pattern will be trapped in a range for the coming few days . The pattern also shows a positive outcome for USD and we can expect a short term bullish move in this pair.
Time Frame: 4h Bias: Short Symbol: USDCHF Analysis: The current price is at 0.92743 and the price may have a reverse move upto 0.93216 and if the selling pressure continues we expect a safe move upto 0.92347
Time frame: 4H Symbol: USDCHF Bais: Long Signal info: As USD is stronger against CHF, we expect the price action will be geared to upward direction. Though we do not consider it as a high probability setup, it has still a hope to meet our expectation by moving upward.
We buy this pair because there is a strong support below. The entry and exit levels have been indicated on the chart. We know what we are doing and we do what the market is doing. this is more than an institutional analysis. We wish you more success. Invest wisely.
"M" pattern was formed in couple of places and you can see that price was retrace from there to bullish movement. There is a support at 0.98412 but its might break the support and will touch the 0.236 fibo level and retrace the price to upwards or may be price can be retrace from the support itself too. Note: Trade at your own risk. We are providing free forex...