Bearish drop?USDCHF has reacted off the overlap resistance and could potentially fall to support.
Alternatively, if price breaks above the pivot, it could continue to rise to the next resistance level
Pivot: 0.8782
Support: 0.8728
Resistance: 0.8822
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.
USDCHF
USDCHF H4 | Bearish BreakoutBased on the H4 chart analysis, we can see that the price is falling toward our sell entry at 0.8675, which is an overlap support (breakout)
Our take profit will be at 0.8674, a pullback support level.
The stop loss will be placed at 0.8857, a swing high resistance level.
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. 66% 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. 70% 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.
USDCHF H4 | Bearish reversal?Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 0.8817, which is a pullback resistance that closes to 50% Fibo retracement.
Our take profit will be at 0.8751, a multi-swing low support level.
The stop loss will be placed at 0.8879, a multi-swing-high resistance level.
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. 66% 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. 70% 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.
USDCHF Will Go Lower From Resistance! Sell!
Please, check our technical outlook for USDCHF.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 0.878.
Taking into consideration the structure & trend analysis, I believe that the market will reach 0.865 level soon.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
USD/CHF Forecast: Exploring Downside Potential Post-Double TopThe USD/CHF pair is facing resistance around the 0.8830 mark, struggling to regain momentum after a retreat from nearly reaching 0.8900, primarily attributed to encountering a double top formation at 0.88850.
This downward movement in the pair is underpinned by the weakened US Dollar (USD) and declining US Treasury bond yields. Market participants are eagerly awaiting the release of the Swiss February Consumer Price Index (CPI), anticipating it to ease from 1.3% in January to 1.1% in February, which could provide fresh impetus to the currency pair.
On the US front, the Institute for Supply Management (ISM) reported a decline in the US Manufacturing Purchasing Managers Index (PMI) to 47.8 in February from 49.1 in the previous month, falling short of market expectations set at 49.5.
Looking ahead, investors will closely monitor Federal Reserve Chair Jerome Powell's testimony scheduled for Wednesday, seeking insights into the inflation outlook and potential shifts in monetary policy. Hawkish remarks from Fed policymakers could potentially lift the USD, acting as a tailwind for the USD/CHF pair.
Concurrently, the Swiss Federal Statistical Office is set to release the nation's Consumer Price Index (CPI) for February later on Monday. Our analysis suggests a continuation of bearish pressure following the double top formation, with a potential breakout below the neckline, targeting the next fair value gap at 0.86000
USDCHFHello everyone,
New week ahead. Looking forward to it!
Last week we had red folder news. BTC is pumping, gold is following.
I did my TA last night for my point of interset.
If you look back at the charts, you can see why I am not putting limits.
If I see a big candle pushing in my zone of interest, I am more than happy to watch how it goes and step in after liq crap or the next demand zone.
When the entrée come, a 3RR is target, but you can also follow the price to the next interest zone.
I try to update when I am taking a position.
USDCHF H4 | Bearish reversalBased on the H4 chart analysis, we can see that the price is rising toward our sell entry at 0.8813, which is a pullback resistance that closes to 61.8% Fibo retracement
Our take profit will be at 0.8691, a support level.
The stop loss will be placed at 0.8895, a swing-high resistance level.
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. 66% 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. 70% 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.
USDCHF Crosses the Trendline break down for ShortUSDCHF Crosses the Trendline and creates a new bottom at the 38% Fibonacci line
So now the uptrend has been broken.
We can consider entering an order
#1 Sell: 0.87816 fibo zone 23.6%
Stop loss: 0.88676
Take profit: 0.85769 at fibo 61.8%
#2 Sell: 0.88186
Stop loss: 0.88186
Take profit: 0.85781 at fibo 61.8%
#3 Sell: 0.88349
SL: 0.88688
TP: 0.85775
#4 Close 1/2 Order when price to Fibo 38.2% and move SL to Entry price
# Good look to you
USDCHF Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
USDCHF Under Pressure! SELL!
My dear friends,
Please, find my technical outlook for USDCHF below:
The price is coiling around a solid key level - 0.8852
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 0.8809
Safe Stop Loss - 0.8875
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
USDCHF Set To Grow! BUY!
My dear followers,
I analysed this chart on USDCHF and concluded the following:
The market is trading on 0.8748 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.8817
Safe Stop Loss - 0.8716
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
USD/CHF 2 Entries +160 Pips 0 Drawdown , New Entry Valid !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
USDCHF OUTLOOK| 4HMy full target has been hit.
The buy area is medium safe because even though most of my criteria has been met there was no major inducement. You can look for longs there but not blindly buy.
In case the DBR gets exceeded you can pretty safely sell at that are after retracing.
What do you think?
DBR = Drop Base Rally Demand Zone
Bearish reacting off resistance?USDCHF is rising toward resistance and could potentially falling to support level that closes to the 127.2% Fibo extension
Alternatively, if price breaks above the pivot, it could continue to rise to next resistance level
Pivot: 0.8811
Support: 0.8731
Resistance: 0.8865
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.
USD/CHF BEST PLACE TO SELL FROM|SHORT
Hello,Friends!
We are now examining the USD/CHF pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 0.880 level.
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HelenP. I Swiss Franc will turn around and start to riseHi folks today I'm prepared for you Swiss Franc analytics. If we look at the chart we can see how the price some time ago tried to rise to the 0.8850 resistance level, but later it turned around and in a short time declined to the trend line, thereby breaking the 0.8780 support level, which coincided with the support zone. After this CHF started to rise, and soon it reached support level and broke this level again. Then price rebounded a little up, and then started to decline back to the 0.8780 level. After this movement, CHF made impulse up to the resistance level, which coincided with the resistance zone and even soon broke it and rose to 0.8890 points. But then price turned around and in a short time declined below the resistance level, breaking it one more time, even later CHF tried to back up, but when the price entered to resistance zone Swiss Franc rebounded and made an impulse down to the trend line. At the moment, the price trades below this line and I expect that CHF will decline more and later turn around and start to move up. That's why I set my target at the 0.8830 level. If you like my analytics you may support me with your like/comment ❤️