USDCHF eyes another visit to the yearly low, after a two-week downtrend, as it braces for the Swiss National Bank (SNB) Interest Rate Decision, expected 1.75% versus 1.50% prior. In doing so, the Swiss Franc (CHF) pair fades Friday’s bounce off the lowest levels in five weeks by retreating from the 61.8% Fibonacci retracement of its May 04-31 upside. Given the...
I AM VERY BEARISH WITH SWISS FRANC AGAINST JAPANESE YEN THIS IS 4H ANALYSIS Note: All ideas forecasts are my personal views on the market, I share these ideas for free, and you're free to share my profile link with your friends, please do not use my Idea without credit. I post and share for educational purposes hence no idea we publish should be considered an...
Small trade opportunity in TCPLPACK. As the market is highly volatile. Make sure to have the correct stop loss as the trade might get reverser immediately. Target 1: 1050 Target 2: 1200 Stoploss: 800 Happy Trading!
USDCHF prints a five-day uptrend to refresh the yearly high at around 0.9460. The pair’s latest upswing took place from the 21-DMA and monthly support line. However, the overbought RSI and April 2021 peak near 0.9475 challenge the pair buyers ahead of a speech from the Swiss National Bank (SNB) Chairman Thomas Jordan. Even if the quote rises past 0.9475, an upward...
bel chart analysis for intraday and swing trading other info given on chart
This analysis is designed to provide information that CTS believes to be accurate on the subject matter, but is shared with the understanding that the author is NOT offering individualized advice tailored to any specific portfolio or the particular needs of any individual. The author of the analysis specifically disclaims any responsibility for any personal or...
Hey traders, USDCHF is approaching a strong daily resistance level. On hourly time frame, the price formed a triple top formation. To catch a pullback from the underlined structure, wait for 0.921 horizontal neckline breakout (1H candle close below). Then sell aggressively or on a retest. Your goals will be: 0.917 0.914 In case of a new higher high higher...
cup & handle formation on daily chart and breakout of it with good volume now it will retest level 139 and move upwards in coming sessions so keep eye on it and enjoy a good target of at least 15%
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.8896). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDCHF is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.892). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDCHF is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.0783). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURCHF is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a...
AUDCHF's next move appears to be bearish. What do you think of my idea? Have a great trading week.
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.0797). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURCHF is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.8857). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDCHF is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.8885). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDCHF is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.883). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDCHF is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.6945). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . CADCHF is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (116.62). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . CHFJPY is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....