USD/CHF "The Swissie" Forex Market Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the USD/CHF "The Swissie" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes long & Short entry. 👀 Be wealthy and safe trade 💪🏆🎉
Entry 📈 : "The loot's within reach! Wait for the breakout, then grab your share - whether you're a Bullish thief or a Bearish bandit!"
Buy entry above 0.91200
Sell Entry below 0.90300
Stop Loss 🛑: Using the 2H period, the recent / nearest Pullbacks.
Target 🎯: -Bullish Robbers TP 0.92400 (or) Escape Before the Target
-Bearish Robbers TP 0.89400 (or) Escape Before the Target
📰🗞️Fundamental, Macro, COT, Sentimental Outlook:
The USD/CHF "The Swissie" Forex market is currently experiencing a neutral trend, with a slight bias towards bullishness., driven by several key factors.
💨Fundamental Outlook:
- Interest Rates: The Federal Reserve's interest rate decisions will impact USD/CHF. A rate hike could strengthen the dollar.
- Swiss National Bank (SNB): The SNB's monetary policy decisions will influence the Swiss franc's value. A dovish stance could weaken the franc.
- Global Economic Conditions: The ongoing global economic uncertainty and trade tensions could impact USD/CHF
💨Macro Outlook:
- US Economy: The US economy is expected to continue growing, albeit at a slower pace. The Federal Reserve's interest rate decisions will play a crucial role in shaping the economy.
- Swiss Economy: The Swiss economy is expected to remain stable, with low inflation and a strong labor market. The Swiss National Bank's (SNB) monetary policy decisions will influence the economy.
- Global Economy: The global economy is facing uncertainty due to trade tensions, geopolitical risks, and the COVID-19 pandemic. This could impact USD/CHF.
- Commodity Prices: Commodity prices, particularly oil prices, could influence USD/CHF.
💨Sentimental Outlook:
- Institutional Investors: 55% bullish, 45% bearish
- Retail Traders: 52% bullish, 48% bearish
- Hedge Funds: 58% bullish, 42% bearish
- Large Banks: 60% bullish, 40% bearish
💨Market Sentiment: The market sentiment is slightly bullish, with a majority of investors expecting USD/CHF to rise.
💨COT Data:
Current COT Data (as of January 24, 2024):
- Non-Commercial Traders (Speculators): Net long 53,129 contracts (previous week: net long 49,351 contracts)
- Commercial Traders: Net short 45,678 contracts (previous week: net short 42,191 contracts)
Upcoming COT Data (expected release on February 2, 2024):
- Expected Change: Speculators may increase their net long positions, while commercial traders may reduce their net short positions.
💨Upcoming Events:
- Federal Reserve Interest Rate Decision: Expected to impact USD/CHF
- SNB Monetary Policy Decision: Will influence the Swiss franc's value
- Global Economic Data Releases: Will provide insights into the global economic outlook
⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
📌Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🫂
Usdchfoutlook
USDCHF Analysis 12Oct2023When there is a bullish trend in the market, there is a structure known as a "boss." Currently, the market is bearish, with the price penetrating the minor bearish area and heading towards the trendline. If the price manages to break through the trendline, it will confirm the two bearish trends. To find opportunities for long positions, you can draw a Fibonacci retracement and look for areas where the Fibo 0.5 and Fibo 0.236 levels intersect. These areas are quite interesting and can be used to search for long opportunities.
USDCHF Analysis 10Sep2023Every SND obstacle is translucent slowly and my analysis of the movement of the USDCHF price in a positive response. For now, I see that there is a saturation of price, indeed the price will still rise but is limited to the movement of more or less as I describe. RSI is in the saturation area, with the possibility of forming a divergent later. We are waiting for the formation of a new low to do short.
USDCHF downtrend incoming soonAs we are in choppy and consolidation market, expecting a move to arrive for the downside and target 0.8660. we are in a deep long term bearish trend which I expect to resume once we get out of consolidation phase. Expecting Price to Retest its resistance level around 0.8830 level once more before declining.
USDCHF looking to go ShortToday is an important event CPI at 8:30am Newyork time, Expecting a first move to be a manipulation one and after that price should drop down towards the target level.
As per experience we should always wait for the event to get over and then should take position in a respective trade setup.
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.
- There is definitely a high chance that USDCHF will go UP a little more and move to the 0.9343 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.
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.
- There is a very high possibility that USDCHF will move up to the 0.9456 level. US CPI DATA is scheduled to be released today. It will definitely make USD PAIRS VOLATILE. Anyway, USDCHF price can go down to 0.88990 level after FED EVENT. We focus on MARKET UPDATES and MARKET SENTIMENT. Follow the given MARKET STRUCTURE.
USDCHF | Don't miss this Sell Opportunity.When it comes to the technical analysis of USDCHF , considering the resistance and support areas in higher timeframes, this currency pair is still in downtrend. So we likely to see a strong impulse to the downside as soon as the price finds a strong resistance area, which is the R1 area marked on the chart. So it would be a good area to go short. However, the next supply area is too far from the R1. So if you are going in, make sure to place the stop loss according to your risk/trade. To be on the safe side, before going in, at least wait for the price to break the S1 and retest. First and second targets are also marked on the chart(T1&T2).
What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis.
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Good Luck!
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
USDCHF LongTime Frame: 4H
Symbol: USDCHF
Entry: 0.96765
TP: 0.97464
SL: 0.96021
Bias: Long
Currently the price structure is demonstrating an overbought area and the buyers are more interested in other side of the trend . However, as the bullish pressure is also mounting up we are bullish for short time.
USDCHF top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
USDCHFThe US dollar rallied against the Swiss franc last week but has given up the gains. Quite frankly, this is a market that I think will try to break down below the uptrend line, sending this market down to the 0.88 handle. If we do break this trend line that I have drawn on the chart, look out below. Otherwise, I would anticipate a lot of sideways nonsensical Brownian motion.
USDCHF Daily analysis, Price directionHello everyone, as we all know the market action discounts everything :)
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The USD/CHF pair has been against a strong resistance zone at 0.92300 - 0.92500 with multiple top formations. USD/CHF went to the low of 0.9108 on August 4, after breaching 23.6% Fibonacci retracement, at 0.9192 However, the spot made a swift recovery back to the high of 0.9242 only to retrace toward 0.8140 in the previous week.
2 Different Scenarios for price movement in the next few days
Scenario 1 :
The price is trending close to the resistance line at 0.9164 a breakout of that line could indicate a change in the movement of the pair and the price could be headed near the second resistance zone at 0.92200 in the 23.60% Fibonacci level, and from there the Bulls will have to show a lot of support for the price to break that zone and change the trend.
Scenario 1 :
The price is getting closer to the support line at 0.9148 if the bears were able to break that line then a sudden change in price will happen and the bears will have enough moment to drive the price to near the 0.91100 support in the 50% Fibonacci level, where a test for the Bears power will happen and if they proved that they still hold control then most likely the price will drop below the 61.80 Fibonacci level and will be hitting the 0.90670 zone
Technical indicators are showing that :
1) The market price just dropped below the 5 10 MA and EMA, we could be seeing a small bearish movement, The price is still above the 20 50 100 200 MA EMA.
2) The MACD is above the 0 line Showing a Bullish state in the market, with a positive crossover between the MACD line and The Signal Line.
3) The ADX is at 22.39 showing that the market is currently trending, With a positive crossover between the DI+ (23.54) and DI- (21.30).
Support & Resistance points :
support Resistance
1) 0.91480 1) 0.91640
2) 0.91100 2) 0.92200
3) 0.90670 3) 0.92870
Fundamental point of view :
After touching the high of 0.9240 in the overnight session, USD/CHF continues to trade higher in the Asian trading hours on Friday The pair hovers in a narrow trade band with an upward bias. The appreciative move in the US dollar sponsored the move in the pair. The US dollar index remains strong above 93.00
The US Initial Jobless Claims fell for the third consecutive week, the readings came at 375K in the week ended on August 7 whereas, the Producer Purchase Index (PPI) gained 1% in July, higher than the market forecast of 0.6%.
Meanwhile, Kansas City Federal Reserve President Esther George said that the time had come to end the central bank’s asset purchase program.
On the other hand, the Swiss franc surrenders gains against the stronger US dollar.
As for now, traders are waiting for the Swiss Producer and Import price, US Michigan Consumer Sentiment data to gauge the market sentiment. According to Fxstreet
This is my personal opinion done with technical analysis of the market price and research online from fundamental analysts for The Fundamental point of view, not financial advice.
If you have any questions please ask and have a great day !!
Thank you for reading.
USDCHF H4 TIMEFRAME ANALYSIS (BUY)Both the Diamond pattern or setup and the head and shoulder pattern or setup are major reversal setups. Therefore in this analysis we have a combined reversal setup both happening together. This indicates that we are ready to move into a strong bullish trend. In this usdchf outlook We set our long orders above the current price expecting the trend reversal soon. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest wisely.Thank you for following Newjerusalemforex on tradingview.
USDCHF SwingWe have seen this setup multiple times today and this past week. Its the same setup I used to profit off XAUUSD, USDJPY and USDZAR. My assumption is no different because price is setting-up exactly as my entry criteria demands. We see price is at a key level, Momentum has slowed down forming a sloping correction (but the RSI is showing us a Bullish Divergence - Indicating an imminent bullish reversal). The angle of bearish price movement is more smoother now than it was before, supporting the idea of dropping bear momentum. As always, I will wait for a clear 8 & 14 EMA cross over on a lower timeframe, followed by a trendline break, in order to make an entry.
Potential Risk:Reward ratio is 1:3
*Disclaimer*
This is not financial advice. Forex trading is a risky business. Trade at your own risk. Patience and risk management are crucial.
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