Continue Reading USDCHF PriceLet's Look at USDCHF Chart and Looking for some Trade Opportunities, Good Luck With Your Trades :D10:37by FXSGNLS1
Bullish reversal?USD/CHF is falling towards the pivot which has been identified as an overlap support and could bounce to the 1st resistance which is a pullback resistance. Pivot: 0.8629 1st Support: 0.8565 1st Resistance: 0.8775 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Longby ICmarkets119
USDCHF H4 | Bullish Bounce Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 0.8573, which is an overlap support close to 50% Fibo retracement Our take profit will be at 0.8693, a swing-high resistance. The stop loss will be placed at 0.8486, above 78.6% Fibo retracement. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants. Longby FXCM2
IDEA USDCHF SHORT POSITION Pair : USDCHF Position : SHORT ( SELL ) Entry Price : 0.86550 STOP LOSS @ 0.86750 TP 1 @ 0.86300 TP 2 @ 0.86100 TP 3 @ 0.85600( Trailing SL )Longby hamidTrader212
SELL TRADE SETUP ON USDCHFPotential Trade Setup on USDCHF Following up on the PPI Data that was released today, the dollar seems to be weak and that happened to have resisted the price of USDCHF from moving higher, The price is developing, and I am waiting for a break below the support , followed by a sharp retest of the broken support newly used as resistance to go SHORT. You may find more details in the chart! Thank you and Trade Responsibly! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️Shortby Adefxc3
USDCHF Short 1:3RRUSDCHF Short idea: 1.Negative USD PPI data 2.Daily Fibonacci 61.8% retracement 3. Bearish Trend 4. Head and shoulders pattern 5. Break of support /Neckline. Trade target is 1:3Shortby KeyFXCapital225
head and shoulder patternA head and shoulder pattern is formed here, and then if the price crosses the shoulder range, it will move downwardsShortby jsiamaki0
USDCHF Breakout and Potential RetraceHey Traders, in today's trading session we are monitoring USDCHF for a buying opportunity around 0.85 zone, USDCHF was trading in a down trend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.85 support and resistance area. Trade safe, Joe.Longby JoeChampion5
Short USDCHFWeekly, Daily, and 4HR are bearish. H/S form on 4hr waiting for break of neckline and then second entry on retest. Poor CPI fundamentals for $ this morning provided the catlyst for this analysis as well. Shortby Red5FX224
Long to 0.87Price is on its 4th uptrend line rebound. RSI shows a divergence. After 6 hours of consolidation, a bullish candle printed, engulfing all the consolidation candles.Longby gunhyUpdated 114
USDCHF BearishBrearish Break is observed on 1 Hr Frame. Also in line with the D.Shortby noumannaseer1
usdchf bearish Ideaaccording to my analysis USDCHF is creating a Head & Shoulder on 1 hr time frame, and at the same time Bearish flag is also formed. on fundamentally basis USD PPI data is decreasing.Shortby mqasim1212223
USDCHF ShortUSDCHF H4 chart, Bearish Wolfe wave. Bulls are tired, they need a little rest war recovery. Risk reward 1/3 Shortby ilia.gobadze0
USDCHF Bullish till it respect this Support USDCHF is in Bullish mode till this support is respected, Fibonacci fall of 50 % possible for correction but if falls below is a not a buy signal. Have a profitable trade.Longby CHMVIZUpdated 110
IDEA USDCHF SHORT POSITION Pair : USDCHF Position : SHORT ( SELL ) Entry Price : 0.86550 STOP LOSS @ 0.86750 TP 1 @ 0.86275 TP 2 @ 0.86075 TP 3 @ 0.85500( Trailing SL )Shortby hamidTrader215
USDCHF Loong!This price has been forming a falling flag for the past few weeks, which IMO is always a strong sentiment for a bullish market. After completing the pattern and liquidity grab, I do anticipate that the price might retest the upper trend line of the pattern. Entry point at 0.868, SL at 0.855 and TP at 0.894 Remember, only risk 1-2% of your account.Longby Vapari_Inc3
Swissy nearing critical resistance Intraday Update: The Swissy is nearing the 38% retracement at the .8737 level which will be a key resistance as it was previous support back in February and March of this year. by ForexAnalytixPipczar0
USD/CHF Rises Over 2.5% in a WeekUSD/CHF Rises Over 2.5% in a Week As indicated by the USD/CHF chart today, the rate is around 0.868 francs per US dollar, although it dropped below 0.85 last Monday. The main driver of this surge in volatility (with the ATR indicator reaching its highest point since March 2023) was the decline in the Japanese stock market, which we covered twice last week: here and here. Market participants were actively buying the Swiss franc as a “safe haven” asset. However, when the Nikkei 225 (Japan 225 on FXOpen) began to recover from its nine-month lows, demand for the franc weakened. Technical analysis of the USD/CHF chart shows that: → The price has extended the descending channel (shown in red). The line that provided support as the lower boundary of the channel from April to July has now become the median, and resistance can be expected from it. → Additionally, resistance might be provided by the black trendline, which became relevant in July. → From another perspective, the A-B-C-D-E structure resembles a bullish formation, where the size of the downward retracement is approximately 50% of the previous upward impulse. And what about the fundamental backdrop? Perhaps the most significant event of the week will be the US Consumer Price Index data for July on Wednesday (at 15:30 GMT+3), which is expected to show a slight increase in monthly inflation. This is no longer seen as a major concern. According to Reuters, Timothy Graf, senior macro strategist at State Street, said: “Inflation is no longer the problem it once was.” Given these factors, there is reason to believe that in the coming days, the USD/CHF rate may stabilise around the red median line, after which a new impulse might form on the chart, signalling a reaction to the release of the US inflation news. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen226
USDCHF rising wedge patternUSDCHF is making rising wedge pattern on hourly chart price is rising making higher highs and lower lows.Longby kashif19990
USD/CHF: Liquidity Grab at 0.84323 Signals Long SetupThe USD/CHF pair recently grabbed liquidity at the 0.84323 level, aligning with a significant demand area, which has sparked a potential reversal. Following this initial reversal impulse, we are closely monitoring this zone for a long entry. The liquidity grab at 0.84323 is noteworthy, as it indicates a possible shift in market dynamics, with a strong buying interest emerging at this critical level. This demand area has historically provided robust support, making it a key level to watch for a sustained upward move. Our analysis of the supply and demand dynamics supports the case for a long position. The current market structure suggests that the demand zone at 0.84323 is poised to hold, providing the foundation for a bullish continuation. Additionally, the seasonal trends for USD/CHF historically favor upward movements during specific periods, further reinforcing the potential for a price surge. The Commitment of Traders (COT) report adds another layer of confirmation to this setup. The data indicates that large traders and institutions have begun accumulating long positions in USD/CHF, signaling growing confidence in a potential upward trend. Given the confluence of the liquidity grab at 0.84323, the strong demand area, supportive seasonal trends, and bullish signals from the COT report, we are looking to go long on USD/CHF. The technical and sentiment indicators suggest a favorable environment for a price surge, making this a promising opportunity for traders. ✅ Please share your thoughts about USD/CHF in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.Longby FOREXN1112
USD/CHF Day Trading analysisOn USD/CHF, it's nice to see a strong buying reaction at the price of 0.85770. There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again. Uptrend and high volume cluster are the main reasons for my decision to go long on this trade. Happy trading Daleby Trader_Dale2