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Usdchflong

Support unbroken,, USD/CHF reversal looks very likely Dear traders, USD/CHF is consolidating in the support level for quite some time. Although, the price has drifted lower, USD/CHF has not broken the support level. Please note that even on the daily chart, 0.9550 is a crucial level as the 100 Day EMA lies there. So, a reversal to the upside is quite likely at this stage. For traders looking to buy, a buy entry between 0.9530-0.9560 with SL below 0.95 and TP at 0.98 would a potential trade.
Long
by KaltoireCapital
12
Look for buys on USDCHF from the trendline support!Greeting fellows! Let's take a look at USDCHF. The pair fell from its May 2022 high last week. We can also see that the pair has a rising trendline support at the bottom. If the rising trendline support hold, I'd expect price to rise. I will carefully monitor price and probably look for buying opportunity on this pair with two targets in mind, 0.98046 and 1.00180. Friends, if you enjoy reading my ideas please support my work with likes. If you have any comment, suggestion, question or opinion please make use of the comment section below.
Long
by Forexintelligence_NA
USDCHF – expecting bullish continuation for the week of 13 JuneThis pair has made parabolic gains since April 2022, a strong pullback in May notwithstanding. The support at 0.9560 was tested several times but held firm. This level became the base from which price launched again. Last week saw a strong dollar again and a break above the next significant level at 0.9840. IMO we are bullish again and this is my bias for the next week. I will be looking for a small pullback to the 0.9840 region and will be monitoring price action to take a long trade. My stop will have to be below the low of Friday’s candle while targeting the next S/R area around 1.003. If this trade does work out, we have a potential 2.4R trade. If you like my analysis, please give it a “thumbs up” and follow me to get immediate notifications. Always use sound money and risk management and stay patient in all your trades.
Long
by Trading_Vista
4
The fall was quite obvious in USD/CHF, how to trade it now?Dear traders, if you have been following USD/CHF , then you have certainly anticipated the fall in this pair. The interest rate hike by SNB just gave the much-needed impetus to this rapid fall. In fact, other pairs like AUD/CHF and CAD/CHF also fell rapidly as price was at a resistance level. I personally milked USD/CHF, CAD/CHF and AUD/CHF over the last few days with hundreds of pips in the bag. Here's a chart on CHF where you can see that I caught the absolute TOP Currently, USD/CHF is inching towards a minor support level which could lead to a moderate pullback towards 0.9850. I would be waiting to see the price action in the support level before buying USD/CHF. If bullish price action happens in the support level, I would consider a buy trade with 0.98 as the TP.
by KaltoireCapital
5