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Usdchflong

USDCHF - CURRENT SITUATION#USDCHF - At this point, USDCHF is going down a bit. But with US PMI DATA and LABOR DATA being POSITIVE, USDCHF was BUY until last Friday. And FED UPDATES were very NEGATIVE. Hence, the CHF automatically rose against the USD in the previous days. Anyway, SWISS NATIONAL BANK has come out of NEGATIVE RATES. Anyway, RETAIL SALES POSITIVE came in US. - Currently, the MARKET is becoming RISK ON and USD is a bit WEAK because of that. Anyway, the FED MEETING is scheduled to be held today. Yesterday US CPI data was NEGATIVE. That's why USD was WEAK yesterday. - There is definitely a high possibility that USDCHF will go UP a little more and move to the 0.9462 LEVEL. Anyway, USDCHF price can go down to 0.8860 level after FED EVENT. We focus on MARKET UPDATES and MARKET SENTIMENT. Follow the given MARKET STRUCTURE.
by benny_marshall
USDCHF - Buying opportunity ahead for 27.5:1 RRRHello everyone! Hope you all have a great trading week and Ramadan Kareem all. Have received bunch of questions regarding my insight on dollar and especially $FX:USDCHF. Currently sitting at 3M pivot, I expect some bullish momentum come in if we get above our entry level. Entering this trade by BUY STOP order and risking 1% for 25.5% gain. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. Good luck everyone! Regards, Enzo
Long
by IamEnzo
6
USDCHF - Short from bearish order block ✅Hello traders! ‼️ This is my perspective on USDCHF. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective with clear lower lows and lower highs. Now I expect price to make a retracement after taking buy stop liquidity to fill the imbalance higher and then to reject from bearish order block for a short position. Fundamental analysis: We have news events on USD on Wednesday 12th of April, will be released monthly and yearly CPI followed by a FOMC Meeting the same day. As well, on Thursday will be released monthly PPI in USA. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
4
USDCHF - Buying opportunity ahead 12:1 RRRHello everyone! Hope you all had a great weekend and Ramadan Kareem all. Starting of this week, I see some potential buy movement for FX:USDCHF from the SMC area. Our RRR is quite good, so be patient and risk 1%. As always, when risked amount is made book profits and let the trade run for a possibility great growth. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. Together we win! Regards, Enzo
Long
by IamEnzo
USDCHF - Short from bearish order block ✅Hello traders! ‼️ This is my perspective on USDCHF. Technical analysis: Here we can see that price makes lower lows and lower highs, so we are in a bearish market structure and looking for shorts. I expect price to make a retracement to fulfill the imbalance higher and then to reject from bearish order block. Fundamental analysis: On Monday 3rd of April we have news events on CHF, will be released monthly CPI. The forecast for CPI is to decrease from previous month. As well, we have news events on USD on Friday 7th of April, one of the most important news related to USD, which are NFP and Unemployment rate. Pay attention to the results of these news as they will indicate the direction for this month. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
4
USDCHF to form a higher low?USDCHF - Trading has been mixed and volatile. Daily momentum has stalled and our bias is now neutral. Trend line support is located at 0.9150. We look to buy dips. A lower correction is expected. 24h expiry - We look to Buy at 0.9151 (stop at 0.9121) Our profit targets will be 0.9221 and 0.9231 Resistance: 0.9226 / 0.9245 / 0.9260 Support: 0.9200 / 0.9180 / 0.9150 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Long
by OANDA