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Usdchfshort

SHORT USD/CHF from .9040Apround the 13th March the price of USD/CHF broke through the key 200 EMA on the H1 time frame. Around the 20th March, the price returned to the 200 and this acted as solid support. AT the end of last week, we saw the price return to the 200 and make several attempts to break through. Although these BEARISH breaks were successful they were met with determined BULLISH replies and price moved back above the 200 but did not make any further progress north. A look at the charts currently (13:30 9/4/24) sees the price of USD/CHF being squeezed back under the 200 by the 100, 50 and 25 EMA. This is significant. This indicates that USD/CHF are losing the battle to holf the 200 and I~m now in SHORT from .9040. Currently (on H1 time frame) the 25 50 and 100 EMA's are reading .9018/.9021/9016 and I expect/anticipate that we'll see the 25, 50 and 100 EMA's begin to cross over each other (south) and in an hour or two we will see the faster EMA's start attacking the 200 which would be very BEARISH for USD/CHF. Adding to this anlaysis is: a). price is now under the 200 EMA. b). RSI declining c). Fast and slow MACD lines crossing south over the zero line d). Andean Oscillator red SELL line rising as the green BUY line declines. All in all its hard to see where USD/CHF can go other than south from these levels.
Short
by forextraplaces
USD/CHF Consolidation and Potential Sell OpportunityThe USD/CHF currency pair currently shows signs of entering a consolidation phase, indicating a period of price stability and reduced volatility. Traders observing this consolidation pattern may seek potential trading opportunities as the market prepares for its next directional move. Trade Recommendation: Considering the current market conditions, traders may consider a sell position on the USD/CHF pair. This potential trade setup suggests entering a sell position when the price of the pair drops below the 0.89980 levels. Disclaimer: It is important to note that all trading decisions should be made with careful consideration of one's own risk tolerance, financial situation, and trading strategy. This analysis is provided for informational purposes only and does not constitute financial advice. Trading foreign exchange (forex) and other financial instruments involves significant risk, and past performance is not necessarily indicative of future results. Traders should conduct their own thorough analysis and seek advice from qualified financial professionals before making any trading decisions. The author and publisher of this analysis do not accept any liability for any loss or damage resulting from reliance on the information provided herein.
Short
by Maven_Trader24
USDCHF to breakdown?USDCHF - Intraday The bearish engulfing candle on the 4 hour chart is negative for sentiment. 0.8999 has been pivotal. A break of bespoke support at 0.9000, and the move lower is already underway. We look for losses to be extended today. A higher correction is expected. We look to Sell a break of 0.8998 (stop at 0.9030) Our profit targets will be 0.8918 and 0.8908 Resistance: 0.9030 / 0.9050 / 0.9070 Support: 0.9000 / 0.8970 / 0.8945 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
SEEL STOP USD/CHF from .9032 (price now .9056)The price on USd/CHF hit the WR1 pivot 3 candles ago (H1 time frame) and since thenm we've seen 2 doji candles and the current candle which has 15m to complete looks liek it may well be another doji. Doji candles are NOT reversal candles as some think. They are indecision candles. Its clear that WR1 has seen some sustained BEARISH pressure and there is a battle royal happening around WR1 (.9057) and the BULS and BEARS are striving for domination. The BULLS look like they all to do to hold these levels. We've been in and out of overbought for 13 hours and RSI is currently 72.52. MACD on H1 is moving into negative (slow MA reading lower than fast MA) although currently is stalemate. The Pivot Point SuperTrend is still BULLISH on 15M but we do have a 11 dots of resistance at .9063. Andean Oscillator has seen a drop to flat for the green BUY line although since the drop this line has been climbing. All 3 values on the Andean Oscillator are currently grouped at .00060 (green) .00056 (red) and .00064 (signal line) so we can expect to see these value spread over the next hour or so. If the green BUY line declines and the red SELL line rises, we will have a SHORT opportunity so I have a SELL STOP at .9032 with a STOP above (.9063) and a target of .8939 though much could happen should this trade trigger. No news scheduled until tomorrow so the market will drive the price and I expect this trade to trigger in the next hour or so.
Short
by forextraplaces
USDCHF - Confluence for a long ✅Hello traders! ‼️ This is my perspective on USDCHF. Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long position. I have a point of interest where there are confluence arguments for a long position, this one is if price fills the imbalance lower and rejects from S/R zone + FIBO 0.5 level + institutional big figure 0.89000. Fundamental news: Next week on Friday we have NFP and Unemployment Rate in USA, news with high impact on USD. As well, on Thursday we have monthly CPI on CHF. Like, comment and subscribe to be in touch with my content!
Long
by Snick3rSD
4
Sell Signals Looming? This Pair Nears Crucial SELL ZoneThis pair has been on a strong upward trend since the beginning of the year, following a significant drop at the end of December. At that time, I shared my first trading idea for 2024 on TradingView. You can find that idea linked in a related post at the bottom of this discussion. That trading strategy was spot on, hitting our target of 0.88, although I had mentioned the possibility of climbing even higher, beyond 0.90, due to certain key levels. And that's precisely what happened. The price is now nearing the SELL/SUPPLY zone at 0.91. This level was established in September 2023 and initiated the decline to 0.83. So, what comes next? Is it time to sell? If we examine the weekly chart below, you'll see a SELL/SUPPLY level right beneath the monthly one, which I believe was the real trigger for the descent to the new lows. The initial drop (indicated by a red arrow) did not set a new low, with the market pausing before plummeting sharply for eight consecutive weeks. This is the zone where selling should be considered, especially as the market has been rising for nearly 13 straight weeks and appears to be extremely overbought as we enter the Weekly SELL/SUPPLY zone between 0.90 & 0.91. The Daily chart shows that momentum hasn't diminished significantly and remains strong. This suggests that we might see a minor pullback towards 0.88 before another surge to the swing high @0.92, followed by another sell-off (refer to the chart below). I'll now begin searching for SELL signals on the 4hr timeframe with the TRFX indicator, aiming for a short-term sell position towards 0.88 or possibly lower, around 0.86. Price may continue its ascent towards 0.92 without the short-term pullback, given the strength in the daily trend, and then proceed to sell-off. Hence, I will also be preparing for this scenario and look to add to my position if the price moves up. In the longer term, this pair is still bearish on the Monthly charts, and a bullish trend would only be confirmed by a clean break and close above 0.92, which could then open the path for moves all the way back to 1.04. For now, I anticipate a sell-off from these levels given the overstretched 13-week bullish run and entry into a key Monthly SELL/SUPPLY zone that precipitated last year's lows. Let me know your thoughts below.
Short
by TheFxAce
10
USDCHF - Expect retracement ✅Hello traders! ‼️ This is my perspective on USDCHF. Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long position. I wait price to continue the retracement and my point of interest for a long is if price rejects from trendline + S/R level + institutional big figure 0.89000. Fundamental news: Next week on Thursday we have news on USD, will be released quarterly GDP, which has high impact on currency. Like, comment and subscribe to be in touch with my content!
Long
by Snick3rSD
USDCHF Short IdeaMARKET PHASE OANDA:USDCHF is in a long term downtrend (daily) with a short term corrective structure that has been taking place (4 hour). AREA OF VALUE Price continued to break new highs within this corrective structure. Eventually, price reached an area where sellers stepped in, resulting in a buildup of liquidity (buy stops, longs, short stop losses) above the corrective structure swing highs. Price violently moved up to trigger the buy stops (liquidity) to pair against the sell orders needed to take price down. Price has started it's initial move down but due to the velocity of the downward move, it's gapped some orders around 0.88378. Price is likely to retrace to this level before continuing downwards. TRADE I will be entering short on OANDA:USDCHF with the following parameters: Sell Limit: 0.88378 Stop Loss: 0.88543 Take Profit: 0.88048
Short
by Mankz
Sell USDCHF Channel BreakoutThe USD/CHF pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined bearish channel pattern. This technical setup suggests a shift in momentum towards the downside and a higher likelihood of further declines in the coming minutes or hours. Key Points: Sell Entry: Consider entering a short position around the current price of 0.8830, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: Initial bearish targets lie at the previous support levels within the channel, now acting as potential resistance zones: 0.8798 and 0.8770. Further downside targets could be determined using other technical analysis methods like Fibonacci retracements or extensions. Stop-Loss: To manage risk, place a stop-loss order above the broken support line of the channel, ideally around 0.8855. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Thank you
Short
by KABHI_TA_TRADING
1
USDCHF - Long from bullish order block ✅Hello traders! ‼️ This is my perspective on USDCHF. Technical analysis: Here we are in a bullish market structure from 1H timeframe perspective, so I am looking for a long. I wait price to continue the retracement to fill the imbalance and then to reject from bullish order block + institutional big figure 0.88000. Fundamental news: Next week is full of news with high impact on USD and CHF, we will see results of Interest Rate in both countries. Like, comment and subscribe to be in touch with my content!
Long
by Snick3rSD
6
usdchf daily outlookit is going to complete a flag pattern after a clear upside move. so as the previous upside move, we can think that the next move could be upside after the valid breakout of this flag. I am not telling you guys to execute the market right now....wait for a valid breakout wait for better confirmation...then define your risk and then take the position. note:- let's talk about the validity of a flag pattern. when you see the 4 touches on a flag pattern then it's going to be a valid pattern. another validity is a breakout. thank you
by THE-10
USDCHF In the USD/CHF pair, a bearish trend seems to be emerging on the 4-hour timeframe, supported by the breakout below the double top neckline. Additionally, the correction of around 50% in the previous wave and the completion of the 4th Elliott wave further suggest downward pressure, potentially indicating a continuation towards the completion of the 5th Elliott wave. Traders might consider monitoring for further confirmation of this bearish sentiment through price action and key support/resistance levels.
Short
by forex_info
1