USDCHF. Will the USD rebound?Hello Traders,
The USD had a rough week but the CHF is hitting strong resistance at the .9600 area.
The price may rebound to the trend-line. RSI has been nearing over-sold territory and Bullish Divergence has formed on the MACD/Price Chart.
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*The above is not trading advice but simply my analysis of the market*
Usdchftrade
USDCHF. The dollar will grow!Hi traders,
The price of the dollar closes the week and month of trading in the market unsatisfactorily.
The dollar has weakened, but the Central Bank of America will do everything possible so that the currency begins to grow again,
however, it will not grow above the downtrend line.
Good luck to you!
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USDCHF. Fall to the level of support.Hello dear traders.
The price of the Dollar will fall before the end of this week,
then the central banks of the United States will begin to take action to strengthen the exchange rate.
The price will fall to the support level,
below this level the price is unlikely to fall,
but on the contrary will begin to grow.
Good luck to you.
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This idea does not provide the financial advice.
USDCHF. The weakening of the national currency of USA?Hello dear traders!
The price of the dollar is likely to fall.
The global pandemic is not over yet,
there is also the likelihood that there will be a second wave of infection soon,
the national currency will weaken accordingly,
and this is the Dollar.
Good luck to you.
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USDCHF approaching resistance, look out for potential reversal!
USDCHF is approaching its resistance at 0.97430 where it is could reverse down to its support at 0.96638.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USD/CHF AnlysisHypothetical scenario - Sell Limit (11/05 - 15/05):
(1) Entry @ 0.97850 (Sell Limit)
(2) Stop Loss @ 1.38360 | 35 pips
(3) Target @ 0.97150 | 70 pips
(4) R:R = 1:2
Hypothetical scenario - Buy Limit (11/05 - 15/05):
(1) Entry @ 0.96000 (Buy Limit)
(2) Stop Loss @ 0.95700 | 30 pips
(3) Target @ 0.96600 |60 pips
(4) R:R = 1:2
USDCHF potential bounce!
USDCHF expected to reverse up to 1st support at 0.96566 where it could potentially react and bounce to its resistance at 1st resistance at 0.97840
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDCHF. Cup and handle pattern.Hello dear subscribers!
The price of this currency pair has a cup and pen sample.
The price is expected to reach a resistance level.
However, it is possible that the price will not break this level.
Good luck to you.
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This idea does not provide the financial advice.
SELL USD/CHF @ MARKET .9758USDCHF has made steady progress north for the last 24 hours but has now hit the top of the existing channel. With RSI readings becoming stretched, the signs are that this channel may hold the price and we'll see a move south. USD/JPY has sold off steadily for the last 2 hours and possibly USD/CHF will try and catch up. I'm in at .9759 with a STOP above the channel at .9780 and a TAKE PROFIT at .9700. As ever I'll lock in a break even trade if we drop 25 pips.
USDCHF short opportunity! On screen analysis...Hi All,
Last week I traded this pair with succes and was waiting on a new opportunity to go short again. The Down trend is still intact and Price got reject several times at a historic S/R level @0.96850. My momentum indicator shows a bearish pattern once again so I'm confident Price will start dropping very soon.
Be patient and ride the waves... StopLoss is @0.97500 and Target as shown @0.94600