Usdchftrade
USDCHF 1H FORECASTHello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied
USD/CHF WEEKLY FORECAST Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied
USD/CHF Technical Analysis
The counter is currently in a triangle pattern, which shows uncertainty in the near-term.
With no vaccine for the pandemic and no fresh stimulus around the corner, the market is expected to continue its range-bound movement.
Hence, we expect the pair to move to the upper end of the triangle for now.
USDCHF [ Analysis for the Week ahead ]Simple Analysis for USDCHF :
Overall trend is bearish, we have more downside targets to hit however, if current price holds we could see a new pullback to above SUPPORT & RESISTANCE Area then we'll look for SELL. Otherwise, if price action gives enough confirmation we may look for SELL from here.
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SELLING OPPORTUNITY ON USDCHF USDCHF is currently showing potential for further bearish momentum. i will be looking for price to find support around where it is currently trading to then move bullish to create an opportunity for entry. Entry , stoploss and take profit levels have been marked.
Do no risk more than 2%
USDCHF buy for 80 pipsWe have witnessed some downside movement on this pair and just printed a reversal candle at a major level and hence we anticipating a trend reversal. I'm expecting CHF to weaken over the comning weeks and that should also help the cause.
I have gone long on this and marked the tp and sl for you as well.
Let me know your thoughts.
Trade safe and good luck.
USDCHFTime = 4H
– Structure = Downtrend
– Pattern = Asymmetric Triangle
– Tendency = Downtrend
We're expecting some pullbacks for more confirmations.
Only Sell if the Price breaks below the Sell Stop.
GOOD LUCK
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USDCHF potential bounce!
USDCHF expected to reverse up to 1st support at 0.96105 where it could potentially react and bounce to its resistance at 1st resistance at 0.96458.
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