USDCHF Correction Due To Produce A Reversal Pattern?OANDA:USDCHF has been in a Correction Wave since the beginning of January and we now see that Price may have finally found Support at the 1.809 Fibonacci Extension Level of the Correction Wave.
With both Lows in March finding Support at the 1.809 Fibonacci Extension Level, Price is beginning to form what looks like a Reversal Pattern, the Double Bottom!
** Confirmation of Pattern will come when Price Breaks and Closes Above .8863, then we will be looking for a Long Opportunity to present itself as a Break and Retest Set-Up. The Retest will Validate the Trade Idea!
If we take the height of the Pattern and apply it to the Break of Confirmation, this puts the Potential Target at Previous Area of Support of the Correction Wave ( Point A ) in the .8975 area.
Fundamentals seem to Support the Bullish Idea with:
SNB Cutting Interest Rates by 25 Basis points from .5% to .25%
FED Holding Interest Rates @ 4.5% due to "Economic Uncertainty"
Unemployment Claims for USD came in as expected with no surprise and even 1K below Forecast ( Actual 223K / Forecast 224K )
Also Positive Outlook from Philly Fed Manufacturing Index and Existing Home Sales see USD rise.
Next Weeks Final GDP on Thursday, March 27th will be the next big News Event to bring some light to how the economy is doing and if USD will continue strengthening!
CHFUSD trade ideas
Week 12 USDCHF analysis 20-03-2025The resistance of this pair is at 0.92 and dealers tapped out three times, and support is at 0.84. Notice the whole numbers: 0.92000 and 0.84000. Market taps into the psychological of buyers and sellers alike. Since price touched the resistance or supply area of 0.92 about three times, we should naturally be looking to sell the pair. Where should we look to sell? Below the low of the week, 0.87500.
Sell entry 0.87500
Stop loss 0.88000
First take profit 0.86250
Second take profit 0.85000
Third take profit 0.84000
Disclaimer: This is not a trading advice. Educational purposes only.
Please let me know what you think. If you agree, boost the post for others to see. If you disagree, please leave a comment below.
(USD/CHF) - Is SNB Rate Cut Bullish or Bearish?🔔🔔🔔 USD/CHF news:
👉Switzerland’s inflation outlook remains highly uncertain, with downside risks being the primary concern. Inflation in Switzerland has evolved in line with expectations and continues to be driven mainly by domestic services.
👉The situation will be closely monitored, and policy adjustments will be made if necessary. Assessing the impact of current tariffs and trade policies remains challenging.
👉Europe’s financial stimulus package is expected to benefit the Swiss economy. With this measure, monetary conditions are now appropriate, and there are no comments on the value of the Swiss franc.
👉Economic uncertainty remains high, both in positive and negative directions. This rate cut is designed to proactively address deflationary pressures.
Personal opinion:
👉Based on the interest rate policies of both central banks, in the short term, CHF is weaker than USD in many aspects, so USD/CHF may increase during this period.
👉Technically, RSI (1H) is entering the extreme overbought zone (near 80), so there will be a slight decline to adjust for the next increase. Consider strong support zones to get the best price
👉Analyze based on resistance - support levels combined with EMA and RSI to come up with a suitable strategy
Plan:
🔆 Price Zone Setup:
👉Buy USD/CHF 0.8810- 0.8800
❌SL: 0.8775 | ✅TP: 0.8850 – 0.8890 – 0.8930
FM wishes you a successful trading day 💰💰💰
USDCHF Potential DownsidesHey Traders, in today's trading session we are monitoring USDCHF for a selling opportunity around 0.88900 zone, USDCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.88900 support and resistance area.
Trade safe, Joe.
USD/CHF SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
USD/CHF is making a bullish rebound on the 3H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 0.878 level.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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CHF/USD Bearish Reversal: Trendline Break Strong Sell-Off!his CHF/USD (Swiss Franc/U.S. Dollar) 1-hour chart showcases a bearish trading setup, signaling a potential downside move after a failed breakout at a key resistance level. Below is a comprehensive breakdown of the chart, highlighting key technical elements, potential trade setups, and risk management considerations.
1. Identified Chart Pattern – Cup & Handle (Failed Breakout)
The chart initially formed a Cup and Handle pattern, a bullish continuation setup where:
The rounded bottom (cup) indicated accumulation and a gradual shift in trend from bearish to bullish.
The handle consolidation represented a minor pullback before a potential breakout.
However, the pattern failed to hold its bullish momentum. Instead of continuing higher, the price was rejected at the resistance level (ATH – All-Time High), signaling a shift in sentiment.
2. Key Technical Levels
Resistance Level + ATH (All-Time High)
The price reached a significant resistance zone (marked in blue), aligning with an all-time high (ATH) level.
Multiple rejections at this level indicate strong selling pressure, making it a potential distribution area where smart money is offloading positions.
Support Level + Reversal Zone
After rejection from the resistance, the price retraced to a critical support zone, previously acting as a demand area (buyers stepping in).
A break below this level confirms bearish momentum, increasing the likelihood of further downside movement.
Trendline Break – Bearish Confirmation
The trendline (marked in black) represents the primary uptrend support that guided price movement.
The break below this trendline signals a loss of bullish strength, increasing the probability of a trend reversal rather than a continuation.
3. Projected Price Movement – Bearish Scenario
Given the trendline break and rejection from resistance, the chart suggests a bearish wave with the following expectations:
A retest of the broken trendline and support zone before continuing downward.
Lower highs and lower lows formation – confirming a new downtrend.
A potential drop towards key downside targets (marked as TP1, TP2, and the final target).
Take Profit (TP) Targets:
✅ TP1 (1.1128): A minor support level where price may find temporary buying interest.
✅ TP2 (1.1111): A more significant support area that previously acted as demand.
✅ Final Target (1.1035): The ultimate downside objective, aligning with a major support zone and historical price action levels.
Stop-Loss Placement (SL):
📍 Above the broken trendline OR the recent swing high, ensuring protection against false breakouts or retracements.
4. Trade Execution & Risk Management
Entry Strategy (For Short Positions)
🔹 Aggressive Entry: Enter short immediately after the support zone break.
🔹 Conservative Entry: Wait for a retest of the support-turned-resistance area for confirmation before shorting.
Risk-Reward Ratio Consideration:
A properly placed stop-loss above resistance ensures a favorable risk-to-reward ratio.
Ideal ratio: 1:2 or better, meaning potential reward should be at least twice the risk.
5. Market Sentiment & Possible Alternative Scenario
While the primary outlook is bearish, traders must remain flexible and monitor price action closely:
If price reclaims the support zone and breaks above resistance, it invalidates the bearish setup, shifting momentum back to bullish.
A sustained close above the trendline could trap early sellers, leading to a short squeeze rally back toward resistance.
6. Final Thoughts
🔹 Bearish Bias: This setup favors downside movement due to trendline break, resistance rejection, and market structure shift.
🔹 Key Levels to Watch: Support zone retest, trendline confirmation, and target levels.
🔹 Risk Management is Essential: Using stop-loss protection and proper trade sizing to mitigate potential losses.
Conclusion: High-Probability Bearish Setup
🚀 The CHF/USD pair has shifted to a bearish structure after failing to break its ATH resistance. The breakdown of the trendline and key support level suggests a strong sell-off towards the 1.1035 target. Traders should look for short opportunities on pullbacks while managing risk effectively.
Would you like me to refine or simplify any part of this analysis for your TradingView post? 📉🔥
USDCHF...*USDCHF Trade Analysis & Evaluation*
*1. Trade Setup Overview:*
- *Entry Condition:* Buy signal triggered if USDCHF consolidates above *0.8815* and the 50-period Moving Average (MA50), suggesting a bullish breakout.
- *Targets:*
- *Target 1:* Likely typo; assumed corrected to *0.8860* (45 pips above entry).
- *Target 2:* *0.9145* (330 pips above entry).
- *Key Levels:* Trend line resistance break, MA50 dynamic support.
---
*2. Technical Analysis:*
- *Trend Line Breakout:* A breakout above a descending trend line indicates potential bullish reversal. Consolidation above confirms strength.
- *MA50 Role:* MA50 acting as support post-breakout adds bullish confirmation.
- *Momentum Indicators:* Check RSI (above 50) and MACD (bullish crossover) to validate upward momentum.
- *Volume:* Rising volume during breakout increases validity.
---
*3. Target Rationale (Adjusted):*
- *Target 1 (0.8860):* Near-term resistance level or 1:1 risk-reward ratio.
- *Target 2 (0.9145):* Longer-term resistance, aligning with a measured move or swing high.
---
*4. Risk Management:*
- *Stop Loss:* Place below *0.8795* (20 pips below entry), ensuring a 1:2.25 risk-reward ratio for Target 1.
- *False Breakout Risk:* A close below MA50/0.8815 invalidates the setup.
---
*5. Fundamental Considerations:*
- *USD Drivers:* Fed rate policy, US economic data (e.g., NFP, CPI).
- *CHF Factors:* SNB interventions, safe-haven flows (geopolitical risks).
---
*6. Conclusion:*
The trade is valid *if* the price sustains above 0.8815/MA50 with bullish momentum. Adjust Target 1 to *0.8860* to reflect logical profit-taking. Target 2 remains ambitious but feasible in a strong trend. Monitor fundamentals for USD strength/CHF weakness catalysts.
*👉 Action:* Wait for confirmed close above 0.8815/MA50, set stop loss at 0.8795, and trail profits if momentum holds.
USDCHF Musical Chair Music Begins! 1613SGT 20032025Yesterday or so, I posted about selling USDCHF but it is risky, and indeed risky it was because the opportunity has been utilised already.
We would need to wait for the music to stop and start again before we walk around the chairs, and now, the music has stopped and started, again.
Price came back to the 200SMA, to stop the music, and now we have a trend again signalling that the music has begun.
Price has made the first significant setup as seen on the chart.
I will only be eyeballing because I am testing out my theory.
I think I need to see my previous entries in the moving average series, to see what I done right and what I done wrong.
Done right = I profited
Done wrong = I loss
It's not perfect but I think I know what to look out for.
Look out for when price is retracing, and I entered that i profited.
And look out for when price was in its impulse move and I entered and loss.
1616SGT 20032025
BEARISH MOVEMENTUSDCHF is on descending channel, an ascending channel is broken to the downside, which is now giving us pure bearish move. Also on daily timeframe i can see bearish head and shoulder pattern, which additional confirmation for my analysis. So i'm for a sell risking 1%. Lets see the see the outcome
USD/CHF 15M Chart - Bullish Outlook!📈 USD/CHF 15M Chart - Bullish Outlook!
🟢 Demand Zone Identified!
Price is approaching the 0.87537 - 0.87400 demand zone, where a potential reversal could occur. If support holds, we may see an upward move toward key resistance levels.
📌 Key Levels to Watch:
🟢 Support Zone: 0.87537 - 0.87400
🚀 Breakout Target 1: 0.87887
🎯 Main Target: 0.88603
🔥 Potential Trade Setup:
🟢 Buy Near: 0.87537
🎯 TP1: 0.87887
🎯 TP2: 0.88603
🛑 SL: Below 0.87400
⚠️ Break Above 0.87887 could confirm further bullish momentum toward 0.88603. Trade wisely and manage risk!
#USDCHF #ForexTrading #SmartMoney #SupplyAndDemand #PriceAction #LiquidityGrab #FXFOREVER
USDCHF INTRADAY oversold bounce backThe USD/CHF price action exhibits bearish sentiment, supported by the prevailing downtrend. The current intraday swing high at 0.8860 serves as a critical trading level, as the pair shows potential for an oversold rally before facing bearish rejection.
Key Levels to Watch:
Key Resistance: 0.8860 (current intraday swing high)
Immediate Support: 0.8760
Lower Support Levels: 0.8720, 0.8680
Upside Resistance Levels: 0.8890, 0.8930
Bearish Scenario:
An oversold rally toward the 0.8860 level, followed by a bearish rejection, could validate the downtrend and target the immediate support at 0.8760. Continued bearish momentum could extend the decline to 0.8720 and ultimately 0.8680 over the longer timeframe.
Bullish Scenario:
A confirmed breakout above the 0.8860 resistance level, accompanied by a daily close above this mark, would negate the bearish outlook. This scenario could trigger further rallies toward the next resistance levels at 0.8890 and 0.8930.
Conclusion:
The prevailing sentiment remains bearish amid the ongoing downtrend. Traders should closely monitor the 0.8860 level for potential bearish rejections or a bullish breakout. A sustained close above this resistance could signal a shift toward bullish momentum, while failure to break above would reinforce the bearish outlook.
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If you don't have DXY, keep an eye on USDCHF.Today we are waiting for the Federal Reserve interest rate decision, where the Bank is expected to keep the rates unchanged. However, it's the press conference, which we are more bothered about. Keep your eyes on TVC:DXY , but if you don't have MARKETSCOM:DOLLARINDEX , then MARKETSCOM:USDCHF will be just as good.
Let's dig in.
FX_IDC:USDCHF
Let us know what you think in the comments below.
Thank you.
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USDCHF to continue in the downward move?USDCHF - 24h expiry
Broken out of the channel formation to the downside.
Our short term bias remains negative.
Offers ample risk/reward to sell at the market.
The weaker US dollar has boosted performance.
20 4hour EMA is at 0.8801.
We look to Sell at 0.8799 (stop at 0.8839)
Our profit targets will be 0.8701 and 0.8681
Resistance: 0.8777 / 0.8800 / 0.8818
Support: 0.8759 / 0.8740 / 0.8720
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