Get started

Usdchfshort

USDCHF H4: Bullish outlook seen, further upside above 0.9780On the H4 time frame, prices are approaching the support zone at 0.9780 which coincides with the Fibonacci confluence levels and ascending trend line. A throwback to this 0.9780 support zone presents an opportunity to play the bounce to the next resistance zone at 0.9550. This resistance zone lines up with the graphical swing high resistance and 61.8% Fibonacci extension. Stochastic is showing room for more downside before it reaches support at 3.81, in line with prices.
Long
by T3-Consultancy
USDCHF to continue in a selloff?USDCHF - Intraday - We look to Sell a break of 0.9784 (stop at 0.9811) Short term momentum is bearish. The bearish engulfing candle on the daily chart is negative for sentiment. A break of the recent low at 0.9785 should result in a further move lower. Posted a Double Top formation. There is no indication that the selloff is coming to an end. Our profit targets will be 0.9716 and 0.9706 Resistance: 0.9810 / 0.9850 / 0.9880 Support: 0.9780 / 0.9740 / 0.9710 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Short
by OANDA
USDCHF Still with a double top.USDCHF - 9pm UK expiry - We look to Sell at 0.9959 (stop at 0.9981) Although the bulls are in control, the stalling positive momentum indicates a possible turnaround. Posted a Double Top formation. 0.9966 has been pivotal. We look for a temporary move higher. Our profit targets will be 0.9896 and 0.9886 Resistance: 0.9930 / 0.9950 / 0.9966 Support: 0.9900 / 0.9870 / 0.9740 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Short
by OANDA
A Sell into the USDCHF double top.USDCHF - Intraday 9pm uk - We look to Sell at 0.9953 (stop at 0.9977) A break of bespoke resistance at 0.9880, and the move higher is already underway. Posted a Double Top formation. 0.9966 has been pivotal. We look for a temporary move higher. Our profit targets will be 0.9891 and 0.9881 Resistance: 0.9870 / 0.9900 / 0.9950 Support: 0.9840 / 0.9800 / 0.9750 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Short
by OANDA
USDCHF | Perspective for the new weekPrice is currently within a strong supply zone which has a strong memory of selling pressure at around 0.98500. Are we going to be witnessing another selling pressure from this zone this week or a breakout of this zone to the upside will signal a bullish momentum? Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
1
USDCHF to stall at current swing high.USDCHF - Intraday 9pm UK expiry - We look to Sell at 0.9845 (stop at 0.9871) The current move lower is expected to continue. We look for a temporary move higher. Preferred trade is to sell into rallies. The previous swing high is located at 0.9855. Our profit targets will be 0.9787 and 0.9777 Resistance: 0.9780 / 0.9800 / 0.9820 Support: 0.9740 / 0.9720 / 0.9700 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Short
by OANDA
1
$USDCHF | Potential Stopping Point?With USDCHF at extreme overbought levels and rejection from the previous resistance along with the long candle stick, we are looking at a short for the Swiss Franc with a stop loss set above the entry candle and take profit below the 20 MA and 50 EMA right above the 200 EMA. I think for the time being we trade in this channel here highlighted by the blue lines, which designate a short term (DAILY time frame) support and resistance whereas the zones are more longer term. (WEEKLY time frame)
Short
by CryptoHotep
USD CHF SET UP USD CHF, has formed a double top pattern and has broken the neckline. We are looking for a retest of neckline for entry. -How to identity Double Top Pattern 1) Look for a proceeding uptrend HHs & HLs 2) Look for a resistance level/high levels where the market drops. 3) Wait for the price to go back to that level to make it and equal highs. 4) Use technical tools to draw them out and wait for the neckline breakout and retest. 5) Enter at the rest of the neckline and target 1-2 or 1-3. NOTE: Retest doesn't always happen but when it dose it is useally a strong confirmation Trade safe UBK
Short
by OfficialUBKFX
1