Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.9475). 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...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.949). 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....
Hello Trader, Here is the full analysis of USDCHF:
1) Monthly - No significant price action found.
2) Daily - Forming big red candles which shows weakness in the prices.
2) 4Hourly - Currently testing the buy zone/support level and is in between 0 and 0.23 fib level(which is not an important level) .
3) Current retracement level is at 0.5 which is good level...
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.9535). 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 downtrend is expected.
. The price is below the 21-Day WEMA which acts as a...
Midterm forecast:
While the price is above the support 0.9180, beginning of uptrend is expected.
We make sure when the resistance at 0.9900 breaks.
If the support at 0.9180 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
The symmetrical triangle taking shape and as a continuation pattern suggests we will soon see...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.967). 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...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.9725). 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....
Clear touch and rebound of the trend line .
Bearish confirmation candle sticks are seen.
Stochastic and Momentum are both both indicating a sell.
Stop loss of only 20 pips.
CLEAR SHORT TILL NEXT RESISTANCE LEVEL .
Hi, today we are going to talk about USDCHF and its current landscape.
We can observe at this timeframe, a confluence of technical factors, that entail a setup which might drive this asset to a new movement. The details of our analysis are highlighted in the chart above.
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Thank you for...
