Usdchf daily time frame outlook Usdchf daily time frame outlook market starting pullback . I m expecting ist supply break our target is higher supply.we will look buy from demand zone
Usdchfprediction
USDCHF BuyThe market of USDCHF is forming Bullish Flag Pattern and soon it will give breakout it. Better to look buying opportunity on it.
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.
USDCHF ! Important resistance broke, looking long tradeAccording to the plan submitted on August 11,Price get support and trading above the resistance zone, but broke it up. For USDCHF, there is no close resistance zone until 0.96.
USD/CHF uptrend could face some resistance at this levelUSD/CHF is in a continuous uptrend for the last few days. However, price is reaching a key
level where it could face some rejection.
0.9640 is an important level for both the bulls and bears. But, there is a likelihood of a price
rejection at this level.
My recommendation for traders is to wait for some bearish candlestick formation in this level.
If bearish candlestick formation takes place, selling USDCHF@0.9640-0.9660 with SL above 0.97
and TP at 0.95 would be potential sell trade.
USD/CHF create bearish butterfly pattern. Short sell, long buy
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USDCHF analysis: a new downtrend is hereUSD/CHF fundamental analysis
Switzerland's annual rate of inflation was 3.4% in July 2022, the same as in June. It was the highest inflation rate since October 1993, but it fell short of market expectations of a 3.5% increase. As a result, inflation remains well above the Swiss National Bank's 2% target, necessitating a steady pace of interest-rate hikes.
The Swiss unemployment rate was 2% in July 2022, the same as in June and the lowest since November 2001.This indicates that the Swiss labour market momentum is strong and the economy is performing exceptionally well despite negative spillovers from the deteriorating economic outlook in the Eurozone.
The SNB is expected to raise rates by 50 basis points again in September, marking the second half-point increase in a row and bringing the policy rate in positive territory for the first time since July 2011. The SNB is now also willing to allow the CHF to appreciate further in order to mitigate inflationary risks.
US inflation rate has surprised to the downside in July (8.5% vs 8.7% expected). This led market participants to expect less aggressive hikes from the Federal Reserve. If this deceleration in U.S. inflation persists, the interest rate differential between the Federal Reserve and the Swiss National Bank (SNB) will narrow, thereby supporting the Franc.
Global growth worries and rising gold prices may sustain demand for safe-haven and recession-hedging assets such as the Franc.
USD/CHF technical analysis
USD/CHF fell 6.5% from its highs in June. The turning point that determined the change in trend in USD/CHF was the double top bearish reversal pattern, with bearish divergences in the RSI and MACD.
The 0.95-0.955 neckline support was initially tested in late June, whereupon the pair rebounded; however, it was successfully broken to the downside this week with an extension to 0.941.
The pair is currently trading within a descending channel and has recently broken the 200-day moving average's dynamic support, which formed an important price floor during 2022.
Moreover, the breakdown of the 61.8% Fibonacci retracement level (2022 high/low) is also noteworthy, supporting the trend reversal thesis.
Now, the focus has shifted to 0.93 (78.6% Fibonacci and April 2022 support) A breach of this level could prompt USD/CHF to test the 0.915 (March support) and then 0.909-0.91 levels (2022 low).
Idea written by Piero Cingari, forex and commodity analyst at Capital.com
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.
USDCHF DEMAND ZONEHigher probabilities of USDCHF moving to the upside from the demand zone it is approaching
USDCHF BUYHi fellow traders, USDCHF is slowly completing this flat pattern and we are anticipating on one more wave higher after it is done. The setup will be invalidated if we break the red line to the downside. Target the previous top or resistance levels. Goodluck!
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.
USDCHF top-down analysis Hello 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.
USD/CHF SELL NOW...
AronnoFX will not accept any liability for loss or damage as a result of
reliance on the information contained within this channel including
data, quotes, charts and buy/sell signals.
If you like this idea, do not forget to support with a like and follow.
Traders, if you like this idea or have your own opinion about it,
write in the comments. I will be glad.
USDCHF QM Sell Setup ✔Hello Traders. As you can see price has formed a QM setup which you can enter a sell position as shown on the chart. You can cut loss if price manages
to break the zone upwards or set a stop loss.
USDCHF SellClearly a sell.
We hit the resistance and we should go down.
-DI will go above ADX and +DI.
Close the position if the -DI goes below after the ADX after the -DI go above ADX and +DI.
USDCHF BUY IdeaBuy idea for USDCHF pair
this pair breaked out descending channel and its retesting it now once he touch the red trendline we will get into a buy position
USDCHF weekly bar dictating for short #usdchf,16th-20th June weekly bar is key reversal bar made a new high closed off the low. 13th-17th June weekly insurance bar while last weekly bar 11th-15th july bar is key reversal bar dictation for weakness ahead. 0.9820 & 0.9880 supply zone for short. stop loss above weekly reversal bar i.e 0.9905 for target 0.9620.
USDCHF bearishThe Greenback have been very strong this past days, i think its time to short it short-term. i expect the USDCHF pair to drop down as it has began already this new week till we hit our level of support but my entry confirmation will be the break and retest of the Hourly chart neckline.
DeGRAM | USDCHF retracementUSDCHF is bullish on the 1 hourly timeframe.
But recent price action shows that the bulls are running out of steam.
We expect some consolidation.
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