USDCHF Will be in bullish direction after double bottm formationHello Traders
In This Chart USDCHF HOURLY Forex Forecast By FOREX PLANET
today USDCHF analysis 👆
🟢This Chart includes_ (USDCHF market update)
🟢What is The Next Opportunity on USDCHF Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Chart
Usdchflong
U.S. Dollar / Swiss Franc - Is it time to go up again?Hey Traders
We have USD/CHF, just bounced out of demand zone, I am expecting a little pullback before continuing up, all weekly fundamentals are looking good for a buy, so the only way is up from here, details on the chart....
Please like comment and follow cheers
This chart material is for education purposes only / Demo account should be traded only
USDCHF "SWISSIE" Bank Robbery Plan on Bullish SideHola ola Robbers / Money Makers & Losers,
This is our master plan to Heist USDCHF "SWISSIE" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 2h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
$USDCHF | Buy Trade | Market Exec | Technical Confluences:
- Price action is at a Demand Zone that has seen Demands for USD a few times
- Price is also supported by a descending support trendline
- Stochastics is in Oversold conditions in the H4 Timeframe
Fundamental Confluences:
- Market seems to have overdone their expectation of many rate cuts and based on how FED normally reacts, they are more reactive than pre-emptive.
- In that sense, the Jackson Hole event this Friday may disappoint markets if Powell sticks to his affirmation that Sept cut is highly likely but any other cuts will remain data-dependent (If I'm wrong, then we will cut it if it breaks the 2024 low)
-----
Taking an entry into long FX:USDCHF here.
Will have interest to add on as long as price remains within in my Orange Position area.
-----
USDCHF Taking a ShortOverall Trend:
The chart shows a clear downtrend as represented by lower lows and lower highs on a larger timeframe, confirmed by the moving averages (200-period and 50-period). The price has been trading below both the 200-period and 50-period SMAs, which suggests bearish momentum.
Fibonacci Levels: There is a Fibonacci retracement applied on a recent downward move. The price appears to have retraced to the 61.8% level before reversing again, indicating that this level served as strong resistance.
Key Levels:
Support: Around 0.84573, this seems to be a significant support level, likely the target for the bearish continuation.
Resistance: The 61.8% Fibonacci retracement level and the horizontal line near 0.87067 serve as resistance levels.
Technical Indicators:
Fibonacci Retracement: The chart shows the 38.2%, 50%, and 61.8% retracement levels. The price failed to break above the 61.8% level and is now showing signs of bearish continuation, which is a typical signal in a downtrend.
Trendline Break: The upward trendline drawn on the chart has been broken, signaling a potential reversal to the downside.
USDCHF BUY TF H4 TP = 0.8959On the H4 chart the trend started on Aug. 06 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 0.8959
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelievelnTrading
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.
#USDCHF: 878+ PIPS Swing Buy In Making! Good Luck! Dear Traders,
OANDA:USDCHF
Price has been dropping since we had a change of character, there are many factors that are helping in USDCHF to drop. The mainly the first reason is CHF dominance in the market, CHF has been bullish ever since Gold continued the bullish trend, CHF, AUD and GOLD all of these three are positively correlated. Other fundamental reason is the blooming fear of recession in the US Market, on Friday we saw indices and stocks drop record high similarly to the first announcement of covid lockdown. USD index saw sharp drop due to this and it is likely that price will continue to do that on dxy index.
USDCHF LooongBased on the previous analysis, there were two possibilities about this currency, either it continues to complete the falling flag pattern, or retest the upper trendline of the channel.
It broke out of a major market zone, i.e 0.886 and retested it. I do anticipate that this price will continue with the bullish momentum.
Entry point at 0.889, SL at 0.8815 and TP at 0.9045
Buy USD/CHF Triangle BreakoutThe USD/CHF pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.
Possible Long Trade:
Entry: Consider Entering A Long Position Above The Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 0.8853
Target Levels:
1st Resistance – 0.8895
2nd Resistance – 0.8923
Stop-Loss: To manage risk, place a stop-loss order below 0.8790. This helps limit potential losses if the price falls back unexpectedly.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
USDCHF - Short from trendline !!Hello traders!
‼️ This is my perspective on USDCHF.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I wait price to continue the retracement to fill the imbalance higher and then to reject from trendline + liquidity zone + institutional big figure 0.89000.
Fundamental news: Next week is full of news for USD, on Wednesday (GMT+3) we have Interest Rate and FOMC and on Friday (GMT+3) we have NFP and Unemployment. News with high impact on currency.
Like, comment and subscribe to be in touch with my content!
USDCHF - UniverseMetta - Analysis#USDCHF - UniverseMetta - Analysis
Continuation of the trend - a potential 5th wave; an ABC structure may form and allow the price to continue its momentum towards the level of 0.92250. In order not to increase risks, it is better to consider exiting when the support level consolidates or breaks through. Local targets 0.89505. Next, a correction may form, and volumes can be increased for further upward movement.
Target 0.89505 - 0.92800
USDCHF - Bearish price action !!Hello traders!
‼️ This is my perspective on USDCHF.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for short position. I expect bearish price action from here as price filled the imbalance and rejected from bearish order block + institutional big figure 0.90000.
Fundamental news: Upcoming week on Friday (GMT+3) we have NFP and Unemployment Rate in USA, news with high impact on currency.
Like, comment and subscribe to be in touch with my content!
USDCHF BULLISH ROBBERY PLAN TO MAKE AND TAKE MONEYMy Dear Robbers / Traders,
This is our master plan to Heist USDCHF Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan,
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
USDCHF moving higher this week**Monthly Chart**
USDCHF is moving within a range between a high of 0.92450 and a low of 0.83300 levels. Last month candles closed as MC candles around the relatively equal monthly high. The Pair is moving a range since April 2023.
**Weekly Chart**
Last week candle closed as a bearish candle. However, the close of the price at the mid-level of the move which as a strong reaction from the US NFP and Employment change announcements. It has also tested the weekly IPA of March 2024. In line with DXY analysis, we might see USDCHF move higher and break the weekly and monthly high around 0.9200 level.
**Daily Chart**
USDCHF broke the previous daily swing with a few pips and then resumed lower with last Friday's NFP news. If you look at the 4H time frame, the price formed a key reversal before the news and then pushed higher. For this week I will be looking a a retracement to at least 50% of IPA candle that formed with a confirmation as a key reversal pattern to take this pair higher. The next target will be around 0.92000 level and then 0.93000 level.
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, so I look only for short position. I want price to continue the retracement to fill the imbalance higher and then to reject from bearish order block + institutional big figure 0.90000.
Fundamental news: Next week on Wednesday (GMT+3) we have important news in USA, CPI and Interest Rate. Pay attention to the result in order to validate the analysis.
Like, comment and subscribe to be in touch with my content!